Østervåg 19 A/S

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−45,58 %

Current Ratio

1,47

Debt-to-Equity Ratio

5,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	333 000	629 000	535 000
Net Income	−480 000	−588 000	105 000	225 000
Total Assets	7 361 000	5 695 000	3 077 000	2 291 000
Total Equity	1 053 000	533 000	1 121 000	1 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	333 000	629 000	535 000
Expenditure	460 000	901 000	499 000	256 000
Operating Profit	−460 000	−568 000	130 000	279 000
Financial Income	1 000	0	9 000	8 000
Financial Costs	21 000	20 000	2 000	0
Financial Balance	−20 000	−20 000	7 000	8 000
Earnings Before Tax	−480 000	−588 000	136 000	287 000
Tax	0	0	32 000	62 000
Net Income	−480 000	−588 000	105 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 999 000	4 812 000	2 579 000	2 003 000
Total Current Assets	1 362 000	883 000	497 000	288 000
Total Assets	7 361 000	5 695 000	3 077 000	2 291 000
Total Retained Equity	0	333 000	921 000	928 000
Total Equity	1 053 000	533 000	1 121 000	1 128 000
Total Long-Term Debt	5 384 000	3 976 000	1 135 000	840 000
Total Current Debt	924 000	1 185 000	821 000	323 000
Total Equity and Debt	7 361 000	5 695 000	3 077 000	2 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	333 000	629 000	535 000
Revenue	0	333 000	629 000	535 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	460 000	901 000	499 000	256 000
Operating Profit	−460 000	−568 000	130 000	279 000
Financial Income	1 000	0	9 000	8 000
Financial Costs	21 000	20 000	2 000	0
Financial Balance	−20 000	−20 000	7 000	8 000
Dividends	0	0	0	0
Net Income	−480 000	−588 000	105 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 999 000	4 812 000	2 579 000	1 595 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 999 000	4 812 000	2 579 000	1 595 000
Total Fiancial Fixed Assets	0	0	0	408 000
Total Fixed Assets	5 999 000	4 812 000	2 579 000	2 003 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	348 000	777 000	201 000	237 000
Total Current Assets	1 362 000	883 000	497 000	288 000
Total Assets	7 361 000	5 695 000	3 077 000	2 291 000
Total Equity	1 053 000	533 000	1 121 000	1 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 384 000	3 976 000	1 135 000	840 000
Creditors	720 000	681 000	58 000	39 000
Unpaid Taxes	102 000	0	37 000	0
Dividends	0	0	0	0
Other Current Debt	102 000	504 000	726 000	284 000
Total Current Debt	924 000	1 185 000	821 000	323 000
Total Equity and Debt	7 361 000	5 695 000	3 077 000	2 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,58 %	−110,32 %	9,37 %	19,95 %
Debt-to-Equity Ratio	5,11	7,46	1,01	0,74
Operating Profit Margin	-	−170,57 %	20,67 %	52,15 %
Current Ratio	1,47	0,75	0,61	0,89
Quick Ratio	1,47	0,75	0,61	0,89
Equity Ratio	0,14	0,09	0,36	0,49
Gross Profit Margin	-	100 %	100 %	100 %