OSLO VARMESERVICE AS

2016 FROGNER

Finances

Return on Equity

55,69 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 797 000	6 297 000	4 721 000	6 098 000
Net Income	401 000	173 000	−74 000	637 000
Total Assets	2 322 000	1 238 000	1 210 000	1 987 000
Total Equity	720 000	319 000	146 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 797 000	6 297 000	4 721 000	6 098 000
Expenditure	8 288 000	6 088 000	4 834 000	5 430 000
Operating Profit	510 000	209 000	−112 000	669 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	0	−1 000	0	0
Financial Balance	4 000	5 000	4 000	3 000
Earnings Before Tax	514 000	214 000	−108 000	671 000
Tax	113 000	41 000	−34 000	34 000
Net Income	401 000	173 000	−74 000	637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	222 000	260 000	260 000	111 000
Total Current Assets	2 100 000	978 000	949 000	1 875 000
Total Assets	2 322 000	1 238 000	1 210 000	1 987 000
Total Retained Equity	−80 000	−481 000	−654 000	−581 000
Total Equity	720 000	319 000	146 000	219 000
Total Long-Term Debt	584 000	0	484 000	980 000
Total Current Debt	1 019 000	919 000	580 000	787 000
Total Equity and Debt	2 322 000	1 238 000	1 210 000	1 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 796 000	6 297 000	4 721 000	6 098 000
Other Income	1 000	0	0	0
Revenue	8 797 000	6 297 000	4 721 000	6 098 000
Cost of Goods Sold	6 334 000	4 565 000	3 152 000	3 533 000
Salary Costs	453 000	351 000	385 000	357 000
Depreciation	8 000	31 000	51 000	57 000
Impairment	0	0	0	0
Expenditure	8 288 000	6 088 000	4 834 000	5 430 000
Operating Profit	510 000	209 000	−112 000	669 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	0	−1 000	0	0
Financial Balance	4 000	5 000	4 000	3 000
Dividends	0	0	0	0
Net Income	401 000	173 000	−74 000	637 000

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	0	0	0	0
Fixtures	0	8 000	38 000	89 000
Total Tangible Assets	0	8 000	38 000	89 000
Total Fiancial Fixed Assets	222 000	252 000	222 000	22 000
Total Fixed Assets	222 000	260 000	260 000	111 000
Stock	394 000	0	192 000	699 000
Total Investments	0	0	0	0
Cash, Bank	198 000	619 000	171 000	256 000
Total Current Assets	2 100 000	978 000	949 000	1 875 000
Total Assets	2 322 000	1 238 000	1 210 000	1 987 000
Total Equity	720 000	319 000	146 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	584 000	0	484 000	980 000
Creditors	314 000	58 000	197 000	251 000
Unpaid Taxes	144 000	203 000	200 000	266 000
Dividends	0	0	0	0
Other Current Debt	447 000	618 000	182 000	236 000
Total Current Debt	1 019 000	919 000	580 000	787 000
Total Equity and Debt	2 322 000	1 238 000	1 210 000	1 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,69 %	54,23 %	−50,68 %	290,87 %
Debt-to-Equity Ratio	0,81	0	3,32	4,47
Operating Profit Margin	5,8 %	3,32 %	−2,37 %	10,97 %
Current Ratio	2,06	1,06	1,64	2,38
Quick Ratio	3,36	1,06	2,45	21,31
Equity Ratio	0,31	0,26	0,12	0,11
Gross Profit Margin	28 %	27,51 %	33,23 %	42,06 %