ØSTENSJØ REDERI AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

24,05 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 649 000	91 466 000	80 691 000	81 985 000
Net Income	3 861 000	4 117 000	−3 761 000	7 222 000
Total Assets	112 161 000	96 362 000	73 615 000	81 991 000
Total Equity	16 055 000	11 170 000	7 053 000	14 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 649 000	91 466 000	80 691 000	81 985 000
Expenditure	95 950 000	86 586 000	85 767 000	72 558 000
Operating Profit	4 698 000	4 880 000	−5 076 000	9 427 000
Financial Income	1 048 000	−439 000	486 000	93 000
Financial Costs	764 000	277 000	228 000	243 000
Financial Balance	284 000	−716 000	258 000	−150 000
Earnings Before Tax	4 982 000	4 164 000	−4 818 000	9 277 000
Tax	1 121 000	47 000	−1 057 000	2 055 000
Net Income	3 861 000	4 117 000	−3 761 000	7 222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 939 000	197 000	247 000	9 471 000
Total Current Assets	110 223 000	96 165 000	73 369 000	72 520 000
Total Assets	112 161 000	96 362 000	73 615 000	81 991 000
Total Retained Equity	4 343 000	4 117 000	0	5 605 000
Total Equity	16 055 000	11 170 000	7 053 000	14 237 000
Total Long-Term Debt	0	0	0	1 859 000
Total Current Debt	96 106 000	85 192 000	66 562 000	65 895 000
Total Equity and Debt	112 161 000	96 362 000	73 615 000	81 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 391 000	87 145 000	80 376 000	75 429 000
Other Income	6 258 000	4 321 000	314 000	6 556 000
Revenue	100 649 000	91 466 000	80 691 000	81 985 000
Cost of Goods Sold	0	0	0	0
Salary Costs	70 093 000	69 448 000	67 731 000	56 880 000
Depreciation	31 000	23 000	93 000	181 000
Impairment	0	0	0	0
Expenditure	95 950 000	86 586 000	85 767 000	72 558 000
Operating Profit	4 698 000	4 880 000	−5 076 000	9 427 000
Financial Income	1 048 000	−439 000	486 000	93 000
Financial Costs	764 000	277 000	228 000	243 000
Financial Balance	284 000	−716 000	258 000	−150 000
Dividends	0	0	0	0
Net Income	3 861 000	4 117 000	−3 761 000	7 222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	137 000	164 000	0
Real Eastate	283 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 606 000	60 000	83 000	176 000
Total Tangible Assets	1 889 000	60 000	83 000	176 000
Total Fiancial Fixed Assets	0	0	0	9 296 000
Total Fixed Assets	1 939 000	197 000	247 000	9 471 000
Stock	0	0	0	31 000
Total Investments	0	0	0	0
Cash, Bank	12 606 000	13 221 000	9 247 000	8 986 000
Total Current Assets	110 223 000	96 165 000	73 369 000	72 520 000
Total Assets	112 161 000	96 362 000	73 615 000	81 991 000
Total Equity	16 055 000	11 170 000	7 053 000	14 237 000
Short-Term Group Debt	36 537 000	36 014 000	29 916 000	20 921 000
Total Long-Term Debt	0	0	0	1 859 000
Creditors	13 528 000	10 083 000	2 758 000	7 078 000
Unpaid Taxes	36 257 000	35 178 000	10 245 000	0
Dividends	0	0	0	0
Other Current Debt	5 125 000	3 915 000	19 255 000	29 760 000
Total Current Debt	96 106 000	85 192 000	66 562 000	65 895 000
Total Equity and Debt	112 161 000	96 362 000	73 615 000	81 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	36,86 %	−53,32 %	50,73 %
Debt-to-Equity Ratio	0	0	0	0,13
Operating Profit Margin	4,67 %	5,34 %	−6,29 %	11,5 %
Current Ratio	1,15	1,13	1,1	1,1
Quick Ratio	1,15	1,13	1,1	1,1
Equity Ratio	0,14	0,12	0,1	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %