ØSTLANDET BRØNN OG ENERGIBORING AS

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

537,7 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0,1

Key figures (NOK)	2021	2020	2019	2018
Revenue	25 137 000	27 219 000	19 712 000	21 283 000
Net Income	−2 995 000	−151 000	673 000	1 887 000
Total Assets	6 606 000	9 484 000	6 303 000	6 543 000
Total Equity	−557 000	2 437 000	2 588 000	1 915 000

Income (NOK)	2021	2020	2019	2018
Revenue	25 137 000	27 219 000	19 712 000	21 283 000
Expenditure	27 925 000	27 378 000	18 830 000	18 639 000
Operating Profit	−2 788 000	−159 000	882 000	2 644 000
Financial Income	0	2 000	4 000	0
Financial Costs	36 000	36 000	22 000	174 000
Financial Balance	−36 000	−34 000	−18 000	−174 000
Earnings Before Tax	−2 825 000	−193 000	863 000	2 469 000
Tax	170 000	−43 000	190 000	582 000
Net Income	−2 995 000	−151 000	673 000	1 887 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	464 000	745 000	736 000	921 000
Total Current Assets	6 142 000	8 739 000	5 566 000	5 622 000
Total Assets	6 606 000	9 484 000	6 303 000	6 543 000
Total Retained Equity	−657 000	2 337 000	2 488 000	1 815 000
Total Equity	−557 000	2 437 000	2 588 000	1 915 000
Total Long-Term Debt	55 000	107 000	155 000	259 000
Total Current Debt	7 108 000	6 940 000	3 559 000	4 369 000
Total Equity and Debt	6 606 000	9 484 000	6 303 000	6 543 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	25 137 000	27 219 000	19 702 000	19 007 000
Other Income	0	0	10 000	2 276 000
Revenue	25 137 000	27 219 000	19 712 000	21 283 000
Cost of Goods Sold	15 429 000	13 413 000	6 558 000	8 330 000
Salary Costs	6 578 000	6 589 000	5 586 000	4 629 000
Depreciation	213 000	234 000	218 000	313 000
Impairment	39 000	0	0	0
Expenditure	27 925 000	27 378 000	18 830 000	18 639 000
Operating Profit	−2 788 000	−159 000	882 000	2 644 000
Financial Income	0	2 000	4 000	0
Financial Costs	36 000	36 000	22 000	174 000
Financial Balance	−36 000	−34 000	−18 000	−174 000
Dividends	0	0	0	0
Net Income	−2 995 000	−151 000	673 000	1 887 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	2 000	4 000	6 000	8 000
Total Intangible Assets	2 000	175 000	134 000	326 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	461 000	570 000	602 000	595 000
Total Tangible Assets	461 000	570 000	602 000	595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	464 000	745 000	736 000	921 000
Stock	182 000	684 000	371 000	315 000
Total Investments	0	0	0	0
Cash, Bank	606 000	618 000	681 000	1 848 000
Total Current Assets	6 142 000	8 739 000	5 566 000	5 622 000
Total Assets	6 606 000	9 484 000	6 303 000	6 543 000
Total Equity	−557 000	2 437 000	2 588 000	1 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	107 000	155 000	259 000
Creditors	5 136 000	4 921 000	1 186 000	1 949 000
Unpaid Taxes	806 000	793 000	1 046 000	1 237 000
Dividends	0	0	0	0
Other Current Debt	1 166 000	1 225 000	1 328 000	1 182 000
Total Current Debt	7 108 000	6 940 000	3 559 000	4 369 000
Total Equity and Debt	6 606 000	9 484 000	6 303 000	6 543 000

Financial indicators	2021	2020	2019	2018
Return on Equity	537,7 %	−6,2 %	26 %	98,54 %
Debt-to-Equity Ratio	−0,1	0,04	0,06	0,14
Operating Profit Margin	−11,09 %	−0,58 %	4,47 %	12,42 %
Current Ratio	0,86	1,26	1,56	1,29
Quick Ratio	0,89	1,4	1,75	1,39
Equity Ratio	−0,08	0,26	0,41	0,29
Gross Profit Margin	38,62 %	50,72 %	66,73 %	60,86 %