ØSTFOLD GOLFSENTER AS

1725 SARPSBORG

Finances

Return on Equity

34,71 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 545 000	1 302 000	1 655 000	2 307 000
Net Income	202 000	67 000	20 000	50 000
Total Assets	1 335 000	1 281 000	738 000	959 000
Total Equity	582 000	495 000	508 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 545 000	1 302 000	1 655 000	2 307 000
Expenditure	1 274 000	1 207 000	1 626 000	2 241 000
Operating Profit	270 000	93 000	28 000	66 000
Financial Income	0	0	0	2 000
Financial Costs	9 000	5 000	0	0
Financial Balance	−9 000	−5 000	0	2 000
Earnings Before Tax	261 000	89 000	28 000	68 000
Tax	59 000	21 000	8 000	17 000
Net Income	202 000	67 000	20 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	768 000	704 000	346 000	418 000
Total Current Assets	566 000	577 000	392 000	541 000
Total Assets	1 335 000	1 281 000	738 000	959 000
Total Retained Equity	482 000	395 000	408 000	388 000
Total Equity	582 000	495 000	508 000	488 000
Total Long-Term Debt	435 000	591 000	0	100 000
Total Current Debt	318 000	196 000	230 000	371 000
Total Equity and Debt	1 335 000	1 281 000	738 000	959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	81 000	195 000	311 000
Other Income	1 488 000	1 220 000	1 460 000	1 997 000
Revenue	1 545 000	1 302 000	1 655 000	2 307 000
Cost of Goods Sold	88 000	71 000	186 000	430 000
Salary Costs	0	187 000	562 000	721 000
Depreciation	121 000	94 000	109 000	109 000
Impairment	0	0	0	0
Expenditure	1 274 000	1 207 000	1 626 000	2 241 000
Operating Profit	270 000	93 000	28 000	66 000
Financial Income	0	0	0	2 000
Financial Costs	9 000	5 000	0	0
Financial Balance	−9 000	−5 000	0	2 000
Dividends	0	0	0	0
Net Income	202 000	67 000	20 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	97 000	118 000	127 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	474 000	596 000	216 000	291 000
Fixtures	11 000	11 000	11 000	0
Total Tangible Assets	485 000	607 000	227 000	291 000
Total Fiancial Fixed Assets	245 000	0	0	0
Total Fixed Assets	768 000	704 000	346 000	418 000
Stock	0	0	14 000	14 000
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	244 000	253 000	263 000	436 000
Total Current Assets	566 000	577 000	392 000	541 000
Total Assets	1 335 000	1 281 000	738 000	959 000
Total Equity	582 000	495 000	508 000	488 000
Short-Term Group Debt	0	80 000	58 000	0
Total Long-Term Debt	435 000	591 000	0	100 000
Creditors	359 000	138 000	111 000	77 000
Unpaid Taxes	−35 000	−25 000	11 000	166 000
Dividends	0	0	0	0
Other Current Debt	−6 000	3 000	50 000	128 000
Total Current Debt	318 000	196 000	230 000	371 000
Total Equity and Debt	1 335 000	1 281 000	738 000	959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,71 %	13,54 %	3,94 %	10,25 %
Debt-to-Equity Ratio	0,75	1,19	0	0,2
Operating Profit Margin	17,48 %	7,14 %	1,69 %	2,86 %
Current Ratio	1,78	2,94	1,7	1,46
Quick Ratio	1,78	2,94	1,81	1,52
Equity Ratio	0,44	0,39	0,69	0,51
Gross Profit Margin	94,3 %	94,55 %	88,76 %	81,36 %