Østerlie Kunst og Farve A/S

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

−16,08 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 906 000	7 361 000	6 978 000	6 040 000
Net Income	−334 000	335 000	1 003 000	340 000
Total Assets	2 929 000	3 693 000	3 423 000	2 428 000
Total Equity	2 077 000	2 411 000	2 176 000	1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 906 000	7 361 000	6 978 000	6 040 000
Expenditure	6 303 000	6 905 000	5 674 000	5 555 000
Operating Profit	−397 000	456 000	1 304 000	485 000
Financial Income	7 000	8 000	5 000	0
Financial Costs	35 000	34 000	22 000	49 000
Financial Balance	−28 000	−26 000	−17 000	−49 000
Earnings Before Tax	−426 000	430 000	1 287 000	437 000
Tax	−92 000	96 000	284 000	97 000
Net Income	−334 000	335 000	1 003 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	194 000	36 000	18 000
Total Current Assets	2 628 000	3 499 000	3 387 000	2 410 000
Total Assets	2 929 000	3 693 000	3 423 000	2 428 000
Total Retained Equity	1 490 000	1 824 000	1 589 000	585 000
Total Equity	2 077 000	2 411 000	2 176 000	1 172 000
Total Long-Term Debt	0	4 000	4 000	4 000
Total Current Debt	852 000	1 278 000	1 243 000	1 251 000
Total Equity and Debt	2 929 000	3 693 000	3 423 000	2 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 906 000	7 361 000	6 978 000	6 040 000
Other Income	0	0	0	0
Revenue	5 906 000	7 361 000	6 978 000	6 040 000
Cost of Goods Sold	2 889 000	3 476 000	2 760 000	2 848 000
Salary Costs	2 242 000	2 342 000	1 877 000	1 772 000
Depreciation	49 000	17 000	5 000	0
Impairment	0	0	0	0
Expenditure	6 303 000	6 905 000	5 674 000	5 555 000
Operating Profit	−397 000	456 000	1 304 000	485 000
Financial Income	7 000	8 000	5 000	0
Financial Costs	35 000	34 000	22 000	49 000
Financial Balance	−28 000	−26 000	−17 000	−49 000
Dividends	0	0	0	150 000
Net Income	−334 000	335 000	1 003 000	340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	213 000	194 000	36 000	18 000
Total Tangible Assets	213 000	194 000	36 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	194 000	36 000	18 000
Stock	2 432 000	2 253 000	2 073 000	1 664 000
Total Investments	0	0	0	0
Cash, Bank	102 000	1 206 000	1 220 000	660 000
Total Current Assets	2 628 000	3 499 000	3 387 000	2 410 000
Total Assets	2 929 000	3 693 000	3 423 000	2 428 000
Total Equity	2 077 000	2 411 000	2 176 000	1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	4 000	4 000
Creditors	221 000	397 000	220 000	389 000
Unpaid Taxes	347 000	497 000	500 000	435 000
Dividends	0	0	0	150 000
Other Current Debt	284 000	289 000	240 000	204 000
Total Current Debt	852 000	1 278 000	1 243 000	1 251 000
Total Equity and Debt	2 929 000	3 693 000	3 423 000	2 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,08 %	13,89 %	46,09 %	29,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,72 %	6,19 %	18,69 %	8,03 %
Current Ratio	3,08	2,74	2,72	1,93
Quick Ratio	−1,66	−3,59	−4,08	−5,84
Equity Ratio	0,71	0,65	0,64	0,48
Gross Profit Margin	51,08 %	52,78 %	60,45 %	52,85 %