ØSTLANDSKE KULDESERVICE AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

−26,42 %

Current Ratio

4,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	640 000	661 000	546 000
Net Income	−116 000	93 000	46 000	−15 000
Total Assets	505 000	742 000	667 000	694 000
Total Equity	439 000	555 000	612 000	567 000

Income (NOK)	2022	2021	2020	2019
Revenue	318 000	640 000	661 000	546 000
Expenditure	450 000	521 000	603 000	557 000
Operating Profit	−131 000	119 000	59 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	8 000
Financial Balance	0	0	−1 000	−8 000
Earnings Before Tax	−131 000	119 000	58 000	−19 000
Tax	−15 000	26 000	13 000	−4 000
Net Income	−116 000	93 000	46 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	189 000	240 000	211 000	166 000
Total Current Assets	316 000	503 000	457 000	528 000
Total Assets	505 000	742 000	667 000	694 000
Total Retained Equity	339 000	455 000	512 000	467 000
Total Equity	439 000	555 000	612 000	567 000
Total Long-Term Debt	0	15 000	8 000	107 000
Total Current Debt	66 000	172 000	47 000	21 000
Total Equity and Debt	505 000	742 000	667 000	694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	317 000	631 000	639 000	546 000
Other Income	2 000	9 000	22 000	0
Revenue	318 000	640 000	661 000	546 000
Cost of Goods Sold	174 000	232 000	316 000	232 000
Salary Costs	2 000	4 000	6 000	9 000
Depreciation	51 000	29 000	33 000	62 000
Impairment	0	0	0	0
Expenditure	450 000	521 000	603 000	557 000
Operating Profit	−131 000	119 000	59 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	8 000
Financial Balance	0	0	−1 000	−8 000
Dividends	0	150 000	0	0
Net Income	−116 000	93 000	46 000	−15 000

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	189 000	240 000	133 000	166 000
Total Tangible Assets	189 000	240 000	133 000	166 000
Total Fiancial Fixed Assets	0	0	78 000	0
Total Fixed Assets	189 000	240 000	211 000	166 000
Stock	11 000	18 000	13 000	28 000
Total Investments	0	0	0	0
Cash, Bank	294 000	375 000	329 000	329 000
Total Current Assets	316 000	503 000	457 000	528 000
Total Assets	505 000	742 000	667 000	694 000
Total Equity	439 000	555 000	612 000	567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	8 000	107 000
Creditors	55 000	4 000	29 000	9 000
Unpaid Taxes	8 000	34 000	4 000	6 000
Dividends	0	150 000	0	0
Other Current Debt	4 000	115 000	1 000	5 000
Total Current Debt	66 000	172 000	47 000	21 000
Total Equity and Debt	505 000	742 000	667 000	694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,42 %	16,76 %	7,52 %	−2,65 %
Debt-to-Equity Ratio	0	0,03	0,01	0,19
Operating Profit Margin	−41,19 %	18,59 %	8,93 %	−2,2 %
Current Ratio	4,79	2,92	9,72	25,14
Quick Ratio	5,75	3,27	13,44	−75,43
Equity Ratio	0,87	0,75	0,92	0,82
Gross Profit Margin	45,28 %	63,75 %	52,19 %	57,51 %