ØSTFOLD BRØNNBORING AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

−18,4 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 805 000	24 403 000	22 412 000	27 664 000
Net Income	−958 000	778 000	602 000	689 000
Total Assets	9 485 000	11 749 000	10 885 000	11 782 000
Total Equity	5 207 000	6 165 000	5 586 000	5 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 805 000	24 403 000	22 412 000	27 664 000
Expenditure	26 740 000	23 592 000	21 692 000	26 604 000
Operating Profit	−935 000	811 000	720 000	1 061 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	24 000	32 000	45 000	48 000
Financial Balance	−23 000	−32 000	−41 000	−45 000
Earnings Before Tax	−958 000	778 000	680 000	1 015 000
Tax	0	0	78 000	326 000
Net Income	−958 000	778 000	602 000	689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	686 000	1 090 000	1 484 000
Total Current Assets	9 073 000	11 064 000	9 795 000	10 297 000
Total Assets	9 485 000	11 749 000	10 885 000	11 782 000
Total Retained Equity	5 107 000	6 065 000	5 486 000	5 184 000
Total Equity	5 207 000	6 165 000	5 586 000	5 284 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 279 000	5 584 000	5 299 000	6 498 000
Total Equity and Debt	9 485 000	11 749 000	10 885 000	11 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 622 000	23 223 000	22 412 000	27 511 000
Other Income	182 000	1 180 000	0	153 000
Revenue	25 805 000	24 403 000	22 412 000	27 664 000
Cost of Goods Sold	7 628 000	5 972 000	5 081 000	8 007 000
Salary Costs	9 310 000	9 467 000	9 172 000	9 588 000
Depreciation	394 000	525 000	569 000	722 000
Impairment	0	0	0	0
Expenditure	26 740 000	23 592 000	21 692 000	26 604 000
Operating Profit	−935 000	811 000	720 000	1 061 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	24 000	32 000	45 000	48 000
Financial Balance	−23 000	−32 000	−41 000	−45 000
Dividends	0	200 000	300 000	500 000
Net Income	−958 000	778 000	602 000	689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	412 000	686 000	1 090 000	1 484 000
Total Tangible Assets	412 000	686 000	1 090 000	1 484 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	412 000	686 000	1 090 000	1 484 000
Stock	60 000	32 000	31 000	26 000
Total Investments	0	0	0	0
Cash, Bank	6 257 000	8 091 000	6 239 000	1 132 000
Total Current Assets	9 073 000	11 064 000	9 795 000	10 297 000
Total Assets	9 485 000	11 749 000	10 885 000	11 782 000
Total Equity	5 207 000	6 165 000	5 586 000	5 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 699 000	1 348 000	1 221 000	1 257 000
Unpaid Taxes	1 139 000	1 229 000	828 000	1 384 000
Dividends	0	200 000	300 000	500 000
Other Current Debt	1 441 000	2 807 000	2 872 000	3 030 000
Total Current Debt	4 279 000	5 584 000	5 299 000	6 498 000
Total Equity and Debt	9 485 000	11 749 000	10 885 000	11 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,4 %	12,62 %	10,78 %	13,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,62 %	3,32 %	3,21 %	3,84 %
Current Ratio	2,12	1,98	1,85	1,58
Quick Ratio	2,15	1,99	1,86	1,59
Equity Ratio	0,55	0,52	0,51	0,45
Gross Profit Margin	70,44 %	75,53 %	77,33 %	71,06 %