ERNST ØSTVOLD AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

−0,56 %

Current Ratio

5,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 164 000	12 945 000	9 709 000	11 201 000
Net Income	−29 000	544 000	−40 000	32 000
Total Assets	6 179 000	6 633 000	5 804 000	6 032 000
Total Equity	5 193 000	5 312 000	4 858 000	4 988 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 164 000	12 945 000	9 709 000	11 201 000
Expenditure	11 321 000	12 571 000	9 851 000	11 281 000
Operating Profit	−157 000	374 000	−142 000	−79 000
Financial Income	135 000	173 000	114 000	115 000
Financial Costs	7 000	3 000	12 000	3 000
Financial Balance	128 000	170 000	102 000	112 000
Earnings Before Tax	−29 000	544 000	−40 000	32 000
Tax	0	0	0	0
Net Income	−29 000	544 000	−40 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	999 000	1 124 000	1 254 000	1 007 000
Total Current Assets	5 180 000	5 509 000	4 549 000	5 026 000
Total Assets	6 179 000	6 633 000	5 804 000	6 032 000
Total Retained Equity	5 073 000	5 192 000	4 738 000	4 868 000
Total Equity	5 193 000	5 312 000	4 858 000	4 988 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	986 000	1 321 000	945 000	1 044 000
Total Equity and Debt	6 179 000	6 633 000	5 804 000	6 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 126 000	12 870 000	9 608 000	11 141 000
Other Income	38 000	75 000	102 000	60 000
Revenue	11 164 000	12 945 000	9 709 000	11 201 000
Cost of Goods Sold	7 106 000	8 776 000	6 460 000	7 756 000
Salary Costs	3 006 000	2 646 000	2 565 000	2 598 000
Depreciation	125 000	130 000	90 000	63 000
Impairment	0	0	0	0
Expenditure	11 321 000	12 571 000	9 851 000	11 281 000
Operating Profit	−157 000	374 000	−142 000	−79 000
Financial Income	135 000	173 000	114 000	115 000
Financial Costs	7 000	3 000	12 000	3 000
Financial Balance	128 000	170 000	102 000	112 000
Dividends	90 000	90 000	90 000	0
Net Income	−29 000	544 000	−40 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	294 000	294 000	294 000	294 000
Real Eastate	528 000	586 000	644 000	702 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	177 000	244 000	316 000	11 000
Total Tangible Assets	705 000	830 000	960 000	713 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	999 000	1 124 000	1 254 000	1 007 000
Stock	3 235 000	2 918 000	2 684 000	2 730 000
Total Investments	0	0	0	0
Cash, Bank	1 709 000	2 317 000	1 629 000	1 942 000
Total Current Assets	5 180 000	5 509 000	4 549 000	5 026 000
Total Assets	6 179 000	6 633 000	5 804 000	6 032 000
Total Equity	5 193 000	5 312 000	4 858 000	4 988 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	338 000	116 000	136 000
Unpaid Taxes	440 000	588 000	451 000	529 000
Dividends	90 000	90 000	90 000	0
Other Current Debt	352 000	305 000	289 000	289 000
Total Current Debt	986 000	1 321 000	945 000	1 044 000
Total Equity and Debt	6 179 000	6 633 000	5 804 000	6 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,56 %	10,24 %	−0,82 %	0,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,41 %	2,89 %	−1,46 %	−0,71 %
Current Ratio	5,25	4,17	4,81	4,81
Quick Ratio	−2,3	−3,45	−2,62	−2,98
Equity Ratio	0,84	0,8	0,84	0,83
Gross Profit Margin	36,35 %	32,21 %	33,46 %	30,76 %