ØSTBY UTVIKLING AS

1771 HALDEN

Finances

Share Ownership

Return on Equity

−2,62 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	63 974 000	0	−81 000
Net Income	−45 000	10 974 000	−784 000	−59 000
Total Assets	20 775 000	16 752 000	48 340 000	16 458 000
Total Equity	1 715 000	2 246 000	1 256 000	1 267 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	63 974 000	0	−81 000
Expenditure	503 000	49 611 000	587 000	−6 000
Operating Profit	−55 000	14 363 000	−587 000	−75 000
Financial Income	0	0	0	0
Financial Costs	2 000	294 000	418 000	1 000
Financial Balance	−2 000	−294 000	−418 000	−1 000
Earnings Before Tax	−57 000	14 069 000	−1 005 000	−76 000
Tax	−12 000	3 095 000	−221 000	−17 000
Net Income	−45 000	10 974 000	−784 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	833 000	1 110 000	1 110 000
Total Current Assets	20 775 000	15 919 000	47 230 000	15 348 000
Total Assets	20 775 000	16 752 000	48 340 000	16 458 000
Total Retained Equity	−515 000	16 000	−973 000	−189 000
Total Equity	1 715 000	2 246 000	1 256 000	1 267 000
Total Long-Term Debt	27 000	414 000	43 101 000	14 385 000
Total Current Debt	19 034 000	14 092 000	3 983 000	805 000
Total Equity and Debt	20 775 000	16 752 000	48 340 000	16 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 000	63 964 000	0	−201 000
Other Income	265 000	10 000	0	120 000
Revenue	447 000	63 974 000	0	−81 000
Cost of Goods Sold	215 000	49 518 000	143 000	−191 000
Salary Costs	19 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	503 000	49 611 000	587 000	−6 000
Operating Profit	−55 000	14 363 000	−587 000	−75 000
Financial Income	0	0	0	0
Financial Costs	2 000	294 000	418 000	1 000
Financial Balance	−2 000	−294 000	−418 000	−1 000
Dividends	0	0	0	0
Net Income	−45 000	10 974 000	−784 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	833 000	1 110 000	1 110 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	833 000	1 110 000	1 110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	833 000	1 110 000	1 110 000
Stock	20 736 000	6 485 000	44 361 000	14 436 000
Total Investments	0	0	0	0
Cash, Bank	0	9 424 000	1 878 000	839 000
Total Current Assets	20 775 000	15 919 000	47 230 000	15 348 000
Total Assets	20 775 000	16 752 000	48 340 000	16 458 000
Total Equity	1 715 000	2 246 000	1 256 000	1 267 000
Short-Term Group Debt	18 673 000	12 800 000	0	0
Total Long-Term Debt	27 000	414 000	43 101 000	14 385 000
Creditors	126 000	104 000	3 572 000	800 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	234 000	413 000	411 000	6 000
Total Current Debt	19 034 000	14 092 000	3 983 000	805 000
Total Equity and Debt	20 775 000	16 752 000	48 340 000	16 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,62 %	488,6 %	−62,42 %	−4,66 %
Debt-to-Equity Ratio	0,02	0,18	34,32	11,35
Operating Profit Margin	−12,3 %	22,45 %	-	92,59 %
Current Ratio	1,09	1,13	11,86	19,07
Quick Ratio	−12,21	2,09	−1,17	−1,13
Equity Ratio	0,08	0,13	0,03	0,08
Gross Profit Margin	51,9 %	22,6 %	-	−135,8 %