ØSTLANDSKE ASFALT AS

1479 KURLAND

Finances

Share Ownership

Return on Equity

39,66 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 865 000	9 479 000	10 371 000	9 823 000
Net Income	852 000	−935 000	1 244 000	587 000
Total Assets	3 752 000	2 385 000	4 151 000	3 103 000
Total Equity	2 148 000	1 295 000	2 231 000	1 286 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 865 000	9 479 000	10 371 000	9 823 000
Expenditure	11 986 000	10 396 000	8 732 000	9 028 000
Operating Profit	879 000	−917 000	1 639 000	796 000
Financial Income	2 000	0	0	0
Financial Costs	18 000	18 000	26 000	39 000
Financial Balance	−16 000	−18 000	−26 000	−39 000
Earnings Before Tax	863 000	−935 000	1 613 000	757 000
Tax	11 000	0	369 000	170 000
Net Income	852 000	−935 000	1 244 000	587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	699 000	890 000	923 000	1 118 000
Total Current Assets	3 053 000	1 495 000	3 228 000	1 985 000
Total Assets	3 752 000	2 385 000	4 151 000	3 103 000
Total Retained Equity	1 948 000	1 095 000	2 031 000	1 086 000
Total Equity	2 148 000	1 295 000	2 231 000	1 286 000
Total Long-Term Debt	45 000	149 000	302 000	597 000
Total Current Debt	1 559 000	940 000	1 619 000	1 220 000
Total Equity and Debt	3 752 000	2 385 000	4 151 000	3 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 865 000	9 479 000	10 371 000	9 734 000
Other Income	0	0	0	89 000
Revenue	12 865 000	9 479 000	10 371 000	9 823 000
Cost of Goods Sold	6 205 000	4 619 000	4 311 000	4 877 000
Salary Costs	3 764 000	3 828 000	2 899 000	2 526 000
Depreciation	211 000	254 000	270 000	315 000
Impairment	0	0	0	0
Expenditure	11 986 000	10 396 000	8 732 000	9 028 000
Operating Profit	879 000	−917 000	1 639 000	796 000
Financial Income	2 000	0	0	0
Financial Costs	18 000	18 000	26 000	39 000
Financial Balance	−16 000	−18 000	−26 000	−39 000
Dividends	0	0	300 000	300 000
Net Income	852 000	−935 000	1 244 000	587 000

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	470 000	589 000	749 000	891 000
Fixtures	229 000	300 000	174 000	227 000
Total Tangible Assets	699 000	890 000	923 000	1 118 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	699 000	890 000	923 000	1 118 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 728 000	1 043 000	1 747 000	1 238 000
Total Current Assets	3 053 000	1 495 000	3 228 000	1 985 000
Total Assets	3 752 000	2 385 000	4 151 000	3 103 000
Total Equity	2 148 000	1 295 000	2 231 000	1 286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	149 000	302 000	597 000
Creditors	417 000	55 000	234 000	65 000
Unpaid Taxes	598 000	351 000	453 000	442 000
Dividends	0	0	300 000	300 000
Other Current Debt	533 000	534 000	563 000	516 000
Total Current Debt	1 559 000	940 000	1 619 000	1 220 000
Total Equity and Debt	3 752 000	2 385 000	4 151 000	3 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,66 %	−72,2 %	55,76 %	45,65 %
Debt-to-Equity Ratio	0,02	0,12	0,14	0,46
Operating Profit Margin	6,83 %	−9,67 %	15,8 %	8,1 %
Current Ratio	1,96	1,59	1,99	1,63
Quick Ratio	1,96	1,59	1,99	1,63
Equity Ratio	0,57	0,54	0,54	0,41
Gross Profit Margin	51,77 %	51,27 %	58,43 %	50,35 %