ØSTFOLD GOLFSENTER AS

1792 TISTEDAL

Finances

Return on Equity

−8,78 %

Current Ratio

48,08

Debt-to-Equity Ratio

−18,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 000	256 000	251 000	245 000
Net Income	13 000	11 000	−23 000	7 000
Total Assets	2 625 000	2 615 000	2 674 000	152 000
Total Equity	−148 000	−161 000	−172 000	−149 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 000	256 000	251 000	245 000
Expenditure	182 000	224 000	269 000	231 000
Operating Profit	5 000	33 000	−17 000	13 000
Financial Income	115 000	80 000	0	0
Financial Costs	106 000	95 000	33 000	6 000
Financial Balance	9 000	−15 000	−33 000	−6 000
Earnings Before Tax	14 000	18 000	−51 000	7 000
Tax	1 000	7 000	−27 000	0
Net Income	13 000	11 000	−23 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	153 000	108 000	98 000
Total Current Assets	2 500 000	2 463 000	2 565 000	54 000
Total Assets	2 625 000	2 615 000	2 674 000	152 000
Total Retained Equity	−248 000	−261 000	−272 000	−249 000
Total Equity	−148 000	−161 000	−172 000	−149 000
Total Long-Term Debt	2 721 000	2 712 000	2 826 000	293 000
Total Current Debt	52 000	65 000	20 000	7 000
Total Equity and Debt	2 625 000	2 615 000	2 674 000	152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	73 000	99 000	60 000
Other Income	173 000	183 000	152 000	185 000
Revenue	186 000	256 000	251 000	245 000
Cost of Goods Sold	25 000	42 000	103 000	74 000
Salary Costs	0	0	0	0
Depreciation	27 000	34 000	15 000	17 000
Impairment	0	0	0	0
Expenditure	182 000	224 000	269 000	231 000
Operating Profit	5 000	33 000	−17 000	13 000
Financial Income	115 000	80 000	0	0
Financial Costs	106 000	95 000	33 000	6 000
Financial Balance	9 000	−15 000	−33 000	−6 000
Dividends	0	0	0	0
Net Income	13 000	11 000	−23 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	18 000	25 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	108 000	135 000	83 000	98 000
Total Tangible Assets	108 000	135 000	83 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	153 000	108 000	98 000
Stock	0	0	0	0
Total Investments	2 265 000	2 265 000	2 265 000	0
Cash, Bank	24 000	68 000	223 000	33 000
Total Current Assets	2 500 000	2 463 000	2 565 000	54 000
Total Assets	2 625 000	2 615 000	2 674 000	152 000
Total Equity	−148 000	−161 000	−172 000	−149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 721 000	2 712 000	2 826 000	293 000
Creditors	57 000	64 000	46 000	31 000
Unpaid Taxes	−5 000	1 000	−26 000	−24 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	52 000	65 000	20 000	7 000
Total Equity and Debt	2 625 000	2 615 000	2 674 000	152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,78 %	−6,83 %	13,37 %	−4,7 %
Debt-to-Equity Ratio	−18,39	−16,84	−16,43	−1,97
Operating Profit Margin	2,69 %	12,89 %	−6,77 %	5,31 %
Current Ratio	48,08	37,89	128,25	7,71
Quick Ratio	48,08	37,89	128,25	7,71
Equity Ratio	−0,06	−0,06	−0,06	−0,98
Gross Profit Margin	86,56 %	83,59 %	58,96 %	69,8 %