ØSTENSEN AS

5430 BREMNES

Finances

Return on Equity

6,37 %

Current Ratio

6,2

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 147 000	1 844 000	1 817 000	1 797 000
Net Income	366 000	578 000	673 000	664 000
Total Assets	16 331 000	16 541 000	10 540 000	10 250 000
Total Equity	5 744 000	5 378 000	4 800 000	4 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 147 000	1 844 000	1 817 000	1 797 000
Expenditure	1 078 000	736 000	696 000	687 000
Operating Profit	1 068 000	1 107 000	1 121 000	1 110 000
Financial Income	8 000	6 000	4 000	0
Financial Costs	543 000	372 000	259 000	259 000
Financial Balance	−535 000	−366 000	−255 000	−259 000
Earnings Before Tax	534 000	741 000	866 000	851 000
Tax	168 000	163 000	194 000	187 000
Net Income	366 000	578 000	673 000	664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 305 000	14 609 000	8 731 000	9 033 000
Total Current Assets	2 026 000	1 932 000	1 810 000	1 217 000
Total Assets	16 331 000	16 541 000	10 540 000	10 250 000
Total Retained Equity	5 639 000	5 273 000	4 695 000	4 022 000
Total Equity	5 744 000	5 378 000	4 800 000	4 127 000
Total Long-Term Debt	10 260 000	10 800 000	5 425 000	5 818 000
Total Current Debt	327 000	363 000	316 000	305 000
Total Equity and Debt	16 331 000	16 541 000	10 540 000	10 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 147 000	1 844 000	1 817 000	1 797 000
Revenue	2 147 000	1 844 000	1 817 000	1 797 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	0	0	0	0
Depreciation	649 000	432 000	425 000	418 000
Impairment	0	0	0	0
Expenditure	1 078 000	736 000	696 000	687 000
Operating Profit	1 068 000	1 107 000	1 121 000	1 110 000
Financial Income	8 000	6 000	4 000	0
Financial Costs	543 000	372 000	259 000	259 000
Financial Balance	−535 000	−366 000	−255 000	−259 000
Dividends	0	0	0	0
Net Income	366 000	578 000	673 000	664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 250 000	14 534 000	8 729 000	9 031 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	73 000	0	0
Total Tangible Assets	14 303 000	14 607 000	8 729 000	9 031 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	14 305 000	14 609 000	8 731 000	9 033 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	405 000	1 767 000	1 211 000
Total Current Assets	2 026 000	1 932 000	1 810 000	1 217 000
Total Assets	16 331 000	16 541 000	10 540 000	10 250 000
Total Equity	5 744 000	5 378 000	4 800 000	4 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 260 000	10 800 000	5 425 000	5 818 000
Creditors	103 000	827 000	12 000	15 000
Unpaid Taxes	0	−666 000	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	39 000	68 000	60 000
Total Current Debt	327 000	363 000	316 000	305 000
Total Equity and Debt	16 331 000	16 541 000	10 540 000	10 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,37 %	10,75 %	14,02 %	16,09 %
Debt-to-Equity Ratio	1,79	2,01	1,13	1,41
Operating Profit Margin	49,74 %	60,03 %	61,7 %	61,77 %
Current Ratio	6,2	5,32	5,73	3,99
Quick Ratio	6,2	5,32	5,73	3,99
Equity Ratio	0,35	0,33	0,46	0,4
Gross Profit Margin	100 %	99,89 %	100 %	100 %