OLE ØSTLYNGEN AS

9515 ALTA

Finances

Share Ownership

Return on Equity

−27,17 %

Current Ratio

22,13

Debt-to-Equity Ratio

3,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 163 000	1 584 000	1 744 000	13 333 000
Net Income	−811 000	−222 000	381 000	9 279 000
Total Assets	14 526 000	15 083 000	11 487 000	9 819 000
Total Equity	2 985 000	2 796 000	3 018 000	1 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 163 000	1 584 000	1 744 000	13 333 000
Expenditure	2 808 000	1 671 000	1 051 000	1 511 000
Operating Profit	−644 000	−87 000	693 000	11 822 000
Financial Income	8 000	0	1 000	29 000
Financial Costs	365 000	198 000	205 000	152 000
Financial Balance	−357 000	−198 000	−204 000	−123 000
Earnings Before Tax	−1 001 000	−285 000	489 000	11 698 000
Tax	−190 000	−63 000	108 000	2 419 000
Net Income	−811 000	−222 000	381 000	9 279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 163 000	8 107 000	5 934 000	6 628 000
Total Current Assets	3 363 000	6 976 000	5 553 000	3 191 000
Total Assets	14 526 000	15 083 000	11 487 000	9 819 000
Total Retained Equity	2 185 000	1 996 000	2 218 000	236 000
Total Equity	2 985 000	2 796 000	3 018 000	1 036 000
Total Long-Term Debt	11 388 000	11 243 000	7 970 000	7 867 000
Total Current Debt	152 000	1 044 000	499 000	916 000
Total Equity and Debt	14 526 000	15 083 000	11 487 000	9 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 163 000	1 584 000	1 744 000	13 333 000
Revenue	2 163 000	1 584 000	1 744 000	13 333 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	390 000	292 000	281 000	311 000
Impairment	0	0	0	0
Expenditure	2 808 000	1 671 000	1 051 000	1 511 000
Operating Profit	−644 000	−87 000	693 000	11 822 000
Financial Income	8 000	0	1 000	29 000
Financial Costs	365 000	198 000	205 000	152 000
Financial Balance	−357 000	−198 000	−204 000	−123 000
Dividends	0	0	0	0
Net Income	−811 000	−222 000	381 000	9 279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 163 000	8 107 000	5 934 000	6 628 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 163 000	8 107 000	5 934 000	6 628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 163 000	8 107 000	5 934 000	6 628 000
Stock	413 000	413 000	413 000	0
Total Investments	0	0	0	0
Cash, Bank	1 441 000	6 547 000	3 492 000	3 149 000
Total Current Assets	3 363 000	6 976 000	5 553 000	3 191 000
Total Assets	14 526 000	15 083 000	11 487 000	9 819 000
Total Equity	2 985 000	2 796 000	3 018 000	1 036 000
Short-Term Group Debt	0	0	0	434 000
Total Long-Term Debt	11 388 000	11 243 000	7 970 000	7 867 000
Creditors	0	1 565 000	0	31 000
Unpaid Taxes	128 000	−728 000	−15 000	69 000
Dividends	0	0	0	0
Other Current Debt	24 000	17 000	20 000	125 000
Total Current Debt	152 000	1 044 000	499 000	916 000
Total Equity and Debt	14 526 000	15 083 000	11 487 000	9 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,17 %	−7,94 %	12,62 %	895,66 %
Debt-to-Equity Ratio	3,82	4,02	2,64	7,59
Operating Profit Margin	−29,77 %	−5,49 %	39,74 %	88,67 %
Current Ratio	22,13	6,68	11,13	3,48
Quick Ratio	−12,89	11,06	64,57	3,48
Equity Ratio	0,21	0,19	0,26	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %