OFOTEN ASFALT AS

8530 BJERKVIK

Finances

Share Ownership

Return on Equity

−1 %

Current Ratio

9,22

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	846 000	865 000	2 425 000	2 330 000
Net Income	−23 000	90 000	436 000	407 000
Total Assets	2 581 000	2 629 000	2 562 000	2 298 000
Total Equity	2 306 000	2 329 000	2 239 000	1 804 000

Income (NOK)	2022	2021	2020	2019
Revenue	846 000	865 000	2 425 000	2 330 000
Expenditure	884 000	751 000	1 863 000	1 806 000
Operating Profit	−38 000	114 000	562 000	523 000
Financial Income	8 000	1 000	4 000	9 000
Financial Costs	0	0	7 000	10 000
Financial Balance	8 000	1 000	−3 000	−1 000
Earnings Before Tax	−29 000	115 000	559 000	522 000
Tax	−6 000	25 000	123 000	115 000
Net Income	−23 000	90 000	436 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	672 000	858 000	1 045 000	660 000
Total Current Assets	1 909 000	1 770 000	1 517 000	1 638 000
Total Assets	2 581 000	2 629 000	2 562 000	2 298 000
Total Retained Equity	2 196 000	2 219 000	2 130 000	1 694 000
Total Equity	2 306 000	2 329 000	2 239 000	1 804 000
Total Long-Term Debt	68 000	77 000	85 000	231 000
Total Current Debt	207 000	223 000	238 000	263 000
Total Equity and Debt	2 581 000	2 629 000	2 562 000	2 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	799 000	865 000	2 425 000	2 330 000
Other Income	47 000	0	0	0
Revenue	846 000	865 000	2 425 000	2 330 000
Cost of Goods Sold	0	25 000	681 000	624 000
Salary Costs	386 000	322 000	509 000	677 000
Depreciation	187 000	187 000	150 000	88 000
Impairment	0	0	0	0
Expenditure	884 000	751 000	1 863 000	1 806 000
Operating Profit	−38 000	114 000	562 000	523 000
Financial Income	8 000	1 000	4 000	9 000
Financial Costs	0	0	7 000	10 000
Financial Balance	8 000	1 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−23 000	90 000	436 000	407 000

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	404 000	475 000	525 000	605 000
Fixtures	267 000	384 000	520 000	55 000
Total Tangible Assets	672 000	858 000	1 045 000	660 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	672 000	858 000	1 045 000	660 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 901 000	1 741 000	1 318 000	1 593 000
Total Current Assets	1 909 000	1 770 000	1 517 000	1 638 000
Total Assets	2 581 000	2 629 000	2 562 000	2 298 000
Total Equity	2 306 000	2 329 000	2 239 000	1 804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	77 000	85 000	231 000
Creditors	11 000	24 000	32 000	38 000
Unpaid Taxes	151 000	129 000	34 000	61 000
Dividends	0	0	0	0
Other Current Debt	43 000	36 000	55 000	46 000
Total Current Debt	207 000	223 000	238 000	263 000
Total Equity and Debt	2 581 000	2 629 000	2 562 000	2 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 %	3,86 %	19,47 %	22,56 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,13
Operating Profit Margin	−4,49 %	13,18 %	23,18 %	22,45 %
Current Ratio	9,22	7,94	6,37	6,23
Quick Ratio	9,22	7,94	6,37	6,23
Equity Ratio	0,89	0,89	0,87	0,79
Gross Profit Margin	100 %	97,11 %	71,92 %	73,22 %