ØSTSIDEN VVS AS

1639 GAMLE FREDRIKSTAD

Finances

Return on Equity

73,98 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 699 000	3 259 000	3 449 000	3 320 000
Net Income	145 000	−157 000	−10 000	10 000
Total Assets	1 122 000	1 108 000	980 000	1 045 000
Total Equity	196 000	51 000	208 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 699 000	3 259 000	3 449 000	3 320 000
Expenditure	3 555 000	3 414 000	3 447 000	3 267 000
Operating Profit	145 000	−154 000	2 000	53 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	12 000	20 000
Financial Balance	−1 000	−3 000	−12 000	−20 000
Earnings Before Tax	145 000	−157 000	−10 000	33 000
Tax	0	0	0	23 000
Net Income	145 000	−157 000	−10 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	70 000	120 000	170 000
Total Current Assets	912 000	1 038 000	860 000	875 000
Total Assets	1 122 000	1 108 000	980 000	1 045 000
Total Retained Equity	96 000	−49 000	108 000	118 000
Total Equity	196 000	51 000	208 000	218 000
Total Long-Term Debt	0	23 000	78 000	158 000
Total Current Debt	927 000	1 033 000	694 000	669 000
Total Equity and Debt	1 122 000	1 108 000	980 000	1 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 699 000	3 257 000	3 449 000	3 320 000
Other Income	0	2 000	0	0
Revenue	3 699 000	3 259 000	3 449 000	3 320 000
Cost of Goods Sold	1 758 000	1 515 000	1 461 000	1 272 000
Salary Costs	1 254 000	1 512 000	1 534 000	1 460 000
Depreciation	25 000	50 000	50 000	139 000
Impairment	0	0	0	0
Expenditure	3 555 000	3 414 000	3 447 000	3 267 000
Operating Profit	145 000	−154 000	2 000	53 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	12 000	20 000
Financial Balance	−1 000	−3 000	−12 000	−20 000
Dividends	0	0	0	0
Net Income	145 000	−157 000	−10 000	10 000

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	25 000	75 000	125 000
Total Tangible Assets	0	25 000	75 000	125 000
Total Fiancial Fixed Assets	210 000	45 000	45 000	45 000
Total Fixed Assets	210 000	70 000	120 000	170 000
Stock	325 000	530 000	480 000	590 000
Total Investments	0	0	0	0
Cash, Bank	182 000	98 000	147 000	77 000
Total Current Assets	912 000	1 038 000	860 000	875 000
Total Assets	1 122 000	1 108 000	980 000	1 045 000
Total Equity	196 000	51 000	208 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 000	78 000	158 000
Creditors	214 000	194 000	99 000	9 000
Unpaid Taxes	254 000	230 000	256 000	273 000
Dividends	0	0	0	0
Other Current Debt	458 000	610 000	340 000	364 000
Total Current Debt	927 000	1 033 000	694 000	669 000
Total Equity and Debt	1 122 000	1 108 000	980 000	1 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,98 %	−307,84 %	−4,81 %	4,59 %
Debt-to-Equity Ratio	0	0,45	0,38	0,72
Operating Profit Margin	3,92 %	−4,73 %	0,06 %	1,6 %
Current Ratio	0,98	1	1,24	1,31
Quick Ratio	1,51	2,06	4,02	11,08
Equity Ratio	0,17	0,05	0,21	0,21
Gross Profit Margin	52,47 %	53,51 %	57,64 %	61,69 %