ØSTLANDSKE LETTMETALL AS

2406 ELVERUM

Finances

Return on Equity

38,49 %

Current Ratio

0,78

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 043 000	31 020 000	27 813 000	25 052 000
Net Income	2 780 000	−1 007 000	−1 913 000	−3 984 000
Total Assets	49 965 000	43 577 000	42 952 000	40 692 000
Total Equity	7 223 000	4 442 000	5 449 000	7 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 043 000	31 020 000	27 813 000	25 052 000
Expenditure	36 781 000	30 923 000	28 645 000	28 222 000
Operating Profit	4 262 000	97 000	−831 000	−3 169 000
Financial Income	92 000	22 000	32 000	73 000
Financial Costs	1 574 000	1 125 000	1 113 000	888 000
Financial Balance	−1 482 000	−1 103 000	−1 081 000	−815 000
Earnings Before Tax	2 780 000	−1 007 000	−1 913 000	−3 984 000
Tax	0	0	0	0
Net Income	2 780 000	−1 007 000	−1 913 000	−3 984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 541 000	31 281 000	32 221 000	32 862 000
Total Current Assets	19 424 000	12 296 000	10 731 000	7 830 000
Total Assets	49 965 000	43 577 000	42 952 000	40 692 000
Total Retained Equity	−1 649 000	−4 430 000	−3 423 000	−1 510 000
Total Equity	7 223 000	4 442 000	5 449 000	7 362 000
Total Long-Term Debt	17 742 000	18 433 000	19 155 000	19 484 000
Total Current Debt	25 000 000	20 702 000	18 348 000	13 846 000
Total Equity and Debt	49 965 000	43 577 000	42 952 000	40 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 625 000	30 577 000	27 425 000	24 917 000
Other Income	1 417 000	443 000	388 000	135 000
Revenue	41 043 000	31 020 000	27 813 000	25 052 000
Cost of Goods Sold	10 689 000	7 497 000	5 446 000	3 786 000
Salary Costs	17 720 000	15 064 000	15 828 000	16 657 000
Depreciation	1 601 000	1 596 000	1 641 000	1 500 000
Impairment	0	0	0	0
Expenditure	36 781 000	30 923 000	28 645 000	28 222 000
Operating Profit	4 262 000	97 000	−831 000	−3 169 000
Financial Income	92 000	22 000	32 000	73 000
Financial Costs	1 574 000	1 125 000	1 113 000	888 000
Financial Balance	−1 482 000	−1 103 000	−1 081 000	−815 000
Dividends	0	0	0	0
Net Income	2 780 000	−1 007 000	−1 913 000	−3 984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 236 000	28 081 000	29 057 000	30 078 000
Machinery and Plant Facilities	1 926 000	0	0	0
Fixtures	1 353 000	3 175 000	2 727 000	2 217 000
Total Tangible Assets	30 516 000	31 256 000	32 196 000	32 837 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	30 541 000	31 281 000	32 221 000	32 862 000
Stock	6 637 000	3 348 000	2 710 000	3 160 000
Total Investments	0	0	0	0
Cash, Bank	4 979 000	2 413 000	3 301 000	521 000
Total Current Assets	19 424 000	12 296 000	10 731 000	7 830 000
Total Assets	49 965 000	43 577 000	42 952 000	40 692 000
Total Equity	7 223 000	4 442 000	5 449 000	7 362 000
Short-Term Group Debt	15 762 000	14 102 000	11 996 000	7 072 000
Total Long-Term Debt	17 742 000	18 433 000	19 155 000	19 484 000
Creditors	3 696 000	1 434 000	1 501 000	1 341 000
Unpaid Taxes	2 285 000	2 056 000	1 828 000	2 201 000
Dividends	0	0	0	0
Other Current Debt	3 257 000	3 109 000	3 023 000	3 232 000
Total Current Debt	25 000 000	20 702 000	18 348 000	13 846 000
Total Equity and Debt	49 965 000	43 577 000	42 952 000	40 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,49 %	−22,67 %	−35,11 %	−54,12 %
Debt-to-Equity Ratio	2,46	4,15	3,52	2,65
Operating Profit Margin	10,38 %	0,31 %	−2,99 %	−12,65 %
Current Ratio	0,78	0,59	0,58	0,57
Quick Ratio	1,06	0,71	0,69	0,73
Equity Ratio	0,14	0,1	0,13	0,18
Gross Profit Margin	73,96 %	75,83 %	80,42 %	84,89 %