ØSTERHUS ELEKTRO AS

4879 GRIMSTAD

Finances

Return on Equity

43,66 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 601 000	31 768 000	25 655 000	24 150 000
Net Income	923 000	2 387 000	381 000	645 000
Total Assets	14 394 000	14 835 000	9 946 000	9 812 000
Total Equity	2 114 000	4 003 000	4 615 000	4 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 601 000	31 768 000	25 655 000	24 150 000
Expenditure	34 388 000	28 696 000	25 165 000	23 326 000
Operating Profit	1 213 000	3 072 000	490 000	823 000
Financial Income	3 000	5 000	11 000	15 000
Financial Costs	25 000	17 000	9 000	10 000
Financial Balance	−22 000	−12 000	2 000	5 000
Earnings Before Tax	1 192 000	3 060 000	492 000	828 000
Tax	268 000	673 000	111 000	183 000
Net Income	923 000	2 387 000	381 000	645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	937 000	707 000	959 000	907 000
Total Current Assets	13 457 000	14 128 000	8 987 000	8 905 000
Total Assets	14 394 000	14 835 000	9 946 000	9 812 000
Total Retained Equity	2 014 000	3 903 000	4 515 000	4 134 000
Total Equity	2 114 000	4 003 000	4 615 000	4 234 000
Total Long-Term Debt	230 000	290 000	0	0
Total Current Debt	12 050 000	10 543 000	5 331 000	5 577 000
Total Equity and Debt	14 394 000	14 835 000	9 946 000	9 812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 501 000	31 738 000	25 609 000	24 150 000
Other Income	100 000	30 000	46 000	0
Revenue	35 601 000	31 768 000	25 655 000	24 150 000
Cost of Goods Sold	18 246 000	13 647 000	10 829 000	9 331 000
Salary Costs	12 097 000	11 272 000	10 548 000	10 362 000
Depreciation	331 000	230 000	191 000	193 000
Impairment	0	0	0	0
Expenditure	34 388 000	28 696 000	25 165 000	23 326 000
Operating Profit	1 213 000	3 072 000	490 000	823 000
Financial Income	3 000	5 000	11 000	15 000
Financial Costs	25 000	17 000	9 000	10 000
Financial Balance	−22 000	−12 000	2 000	5 000
Dividends	2 000 000	3 000 000	0	0
Net Income	923 000	2 387 000	381 000	645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	45 000	56 000	68 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	779 000	529 000	639 000	535 000
Total Tangible Assets	779 000	529 000	639 000	535 000
Total Fiancial Fixed Assets	120 000	133 000	264 000	304 000
Total Fixed Assets	937 000	707 000	959 000	907 000
Stock	4 227 000	3 473 000	2 505 000	2 607 000
Total Investments	0	0	0	0
Cash, Bank	2 980 000	4 503 000	2 424 000	1 820 000
Total Current Assets	13 457 000	14 128 000	8 987 000	8 905 000
Total Assets	14 394 000	14 835 000	9 946 000	9 812 000
Total Equity	2 114 000	4 003 000	4 615 000	4 234 000
Short-Term Group Debt	2 537 000	252 000	452 000	852 000
Total Long-Term Debt	230 000	290 000	0	0
Creditors	2 206 000	2 740 000	1 376 000	1 175 000
Unpaid Taxes	2 189 000	1 839 000	1 453 000	1 492 000
Dividends	2 000 000	3 000 000	0	0
Other Current Debt	2 861 000	2 050 000	1 951 000	1 864 000
Total Current Debt	12 050 000	10 543 000	5 331 000	5 577 000
Total Equity and Debt	14 394 000	14 835 000	9 946 000	9 812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,66 %	59,63 %	8,26 %	15,23 %
Debt-to-Equity Ratio	0,11	0,07	0	0
Operating Profit Margin	3,41 %	9,67 %	1,91 %	3,41 %
Current Ratio	1,12	1,34	1,69	1,6
Quick Ratio	1,72	2	3,18	3
Equity Ratio	0,15	0,27	0,46	0,43
Gross Profit Margin	48,75 %	57,04 %	57,79 %	61,36 %