ØSTLANDSKE MOTORVERKSTED AS

2321 HAMAR

Finances

Share Ownership

Return on Equity

12,47 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 705 000	3 957 000	3 845 000	3 701 000
Net Income	99 000	67 000	172 000	−128 000
Total Assets	1 273 000	1 186 000	1 010 000	976 000
Total Equity	794 000	695 000	628 000	455 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 705 000	3 957 000	3 845 000	3 701 000
Expenditure	3 581 000	3 863 000	3 676 000	3 828 000
Operating Profit	124 000	94 000	170 000	−127 000
Financial Income	4 000	1 000	4 000	2 000
Financial Costs	1 000	1 000	2 000	3 000
Financial Balance	3 000	0	2 000	−1 000
Earnings Before Tax	127 000	93 000	172 000	−128 000
Tax	28 000	26 000	0	0
Net Income	99 000	67 000	172 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	62 000	78 000	23 000
Total Current Assets	1 197 000	1 124 000	932 000	953 000
Total Assets	1 273 000	1 186 000	1 010 000	976 000
Total Retained Equity	694 000	595 000	528 000	355 000
Total Equity	794 000	695 000	628 000	455 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	479 000	491 000	383 000	521 000
Total Equity and Debt	1 273 000	1 186 000	1 010 000	976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 704 000	3 934 000	3 845 000	3 701 000
Other Income	1 000	23 000	0	0
Revenue	3 705 000	3 957 000	3 845 000	3 701 000
Cost of Goods Sold	957 000	1 211 000	1 190 000	1 133 000
Salary Costs	1 685 000	1 703 000	1 714 000	1 906 000
Depreciation	16 000	16 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	3 581 000	3 863 000	3 676 000	3 828 000
Operating Profit	124 000	94 000	170 000	−127 000
Financial Income	4 000	1 000	4 000	2 000
Financial Costs	1 000	1 000	2 000	3 000
Financial Balance	3 000	0	2 000	−1 000
Dividends	0	0	0	0
Net Income	99 000	67 000	172 000	−128 000

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	76 000	62 000	78 000	23 000
Fixtures	0	0	0	0
Total Tangible Assets	76 000	62 000	78 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	62 000	78 000	23 000
Stock	237 000	225 000	281 000	327 000
Total Investments	0	0	0	0
Cash, Bank	701 000	707 000	548 000	268 000
Total Current Assets	1 197 000	1 124 000	932 000	953 000
Total Assets	1 273 000	1 186 000	1 010 000	976 000
Total Equity	794 000	695 000	628 000	455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	144 000	90 000	51 000	149 000
Unpaid Taxes	173 000	246 000	191 000	217 000
Dividends	0	0	0	0
Other Current Debt	134 000	130 000	140 000	155 000
Total Current Debt	479 000	491 000	383 000	521 000
Total Equity and Debt	1 273 000	1 186 000	1 010 000	976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,47 %	9,64 %	27,39 %	−28,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,35 %	2,38 %	4,42 %	−3,43 %
Current Ratio	2,5	2,29	2,43	1,83
Quick Ratio	4,95	4,23	9,14	4,91
Equity Ratio	0,62	0,59	0,62	0,47
Gross Profit Margin	74,17 %	69,4 %	69,05 %	69,39 %