ØSTLANDSKE KJØLESERVICE AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

51,26 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 310 000	18 995 000	16 172 000	15 473 000
Net Income	1 753 000	945 000	1 319 000	852 000
Total Assets	11 535 000	7 820 000	7 592 000	6 658 000
Total Equity	3 420 000	3 217 000	3 087 000	2 768 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 310 000	18 995 000	16 172 000	15 473 000
Expenditure	20 442 000	18 001 000	14 701 000	14 400 000
Operating Profit	1 868 000	995 000	1 470 000	1 074 000
Financial Income	0	−1 000	18 000	11 000
Financial Costs	40 000	50 000	30 000	11 000
Financial Balance	−40 000	−51 000	−12 000	0
Earnings Before Tax	1 829 000	945 000	1 458 000	1 074 000
Tax	76 000	0	139 000	221 000
Net Income	1 753 000	945 000	1 319 000	852 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 729 000	1 474 000	1 095 000	867 000
Total Current Assets	9 806 000	6 346 000	6 497 000	5 791 000
Total Assets	11 535 000	7 820 000	7 592 000	6 658 000
Total Retained Equity	3 120 000	2 917 000	2 787 000	2 468 000
Total Equity	3 420 000	3 217 000	3 087 000	2 768 000
Total Long-Term Debt	523 000	889 000	842 000	504 000
Total Current Debt	7 592 000	3 714 000	3 663 000	3 385 000
Total Equity and Debt	11 535 000	7 820 000	7 592 000	6 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 305 000	18 995 000	16 355 000	15 688 000
Other Income	5 000	0	−183 000	−215 000
Revenue	22 310 000	18 995 000	16 172 000	15 473 000
Cost of Goods Sold	8 629 000	7 084 000	6 183 000	5 716 000
Salary Costs	8 246 000	7 962 000	6 058 000	6 141 000
Depreciation	414 000	329 000	247 000	187 000
Impairment	0	0	0	0
Expenditure	20 442 000	18 001 000	14 701 000	14 400 000
Operating Profit	1 868 000	995 000	1 470 000	1 074 000
Financial Income	0	−1 000	18 000	11 000
Financial Costs	40 000	50 000	30 000	11 000
Financial Balance	−40 000	−51 000	−12 000	0
Dividends	0	0	0	0
Net Income	1 753 000	945 000	1 319 000	852 000

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	5 000	11 000	36 000	83 000
Fixtures	1 724 000	1 463 000	1 059 000	784 000
Total Tangible Assets	1 729 000	1 474 000	1 095 000	867 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 729 000	1 474 000	1 095 000	867 000
Stock	4 225 000	2 915 000	2 420 000	1 690 000
Total Investments	0	0	0	0
Cash, Bank	825 000	1 100 000	274 000	1 511 000
Total Current Assets	9 806 000	6 346 000	6 497 000	5 791 000
Total Assets	11 535 000	7 820 000	7 592 000	6 658 000
Total Equity	3 420 000	3 217 000	3 087 000	2 768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	523 000	889 000	842 000	504 000
Creditors	2 293 000	327 000	885 000	819 000
Unpaid Taxes	1 933 000	1 034 000	532 000	910 000
Dividends	0	0	0	0
Other Current Debt	3 290 000	2 352 000	2 107 000	1 575 000
Total Current Debt	7 592 000	3 714 000	3 663 000	3 385 000
Total Equity and Debt	11 535 000	7 820 000	7 592 000	6 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,26 %	29,38 %	42,73 %	30,78 %
Debt-to-Equity Ratio	0,15	0,28	0,27	0,18
Operating Profit Margin	8,37 %	5,24 %	9,09 %	6,94 %
Current Ratio	1,29	1,71	1,77	1,71
Quick Ratio	2,91	7,94	5,23	3,42
Equity Ratio	0,3	0,41	0,41	0,42
Gross Profit Margin	61,32 %	62,71 %	61,77 %	63,06 %