ØSTNES AERO AS

0166 OSLO

Finances

Share Ownership

Return on Equity

10,85 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 480 000	66 867 000	51 700 000	66 712 000
Net Income	698 000	−431 000	−3 525 000	1 783 000
Total Assets	31 514 000	17 833 000	19 010 000	18 885 000
Total Equity	6 436 000	6 356 000	5 391 000	9 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 480 000	66 867 000	51 700 000	66 712 000
Expenditure	103 662 000	67 546 000	56 764 000	63 724 000
Operating Profit	1 818 000	−679 000	−5 064 000	2 988 000
Financial Income	3 249 000	1 807 000	2 604 000	227 000
Financial Costs	4 172 000	1 680 000	2 058 000	929 000
Financial Balance	−923 000	127 000	546 000	−702 000
Earnings Before Tax	895 000	−552 000	−4 518 000	2 285 000
Tax	197 000	−121 000	−993 000	502 000
Net Income	698 000	−431 000	−3 525 000	1 783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 643 000	4 696 000	2 099 000	68 000
Total Current Assets	27 871 000	13 137 000	16 912 000	18 817 000
Total Assets	31 514 000	17 833 000	19 010 000	18 885 000
Total Retained Equity	3 541 000	3 462 000	3 893 000	8 388 000
Total Equity	6 436 000	6 356 000	5 391 000	9 887 000
Total Long-Term Debt	1 401 000	0	0	0
Total Current Debt	23 677 000	11 477 000	13 619 000	8 998 000
Total Equity and Debt	31 514 000	17 833 000	19 010 000	18 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 480 000	66 867 000	51 700 000	66 712 000
Other Income	0	0	0	0
Revenue	105 480 000	66 867 000	51 700 000	66 712 000
Cost of Goods Sold	79 899 000	59 133 000	44 340 000	57 443 000
Salary Costs	3 834 000	3 745 000	2 198 000	0
Depreciation	1 171 000	677 000	535 000	269 000
Impairment	0	0	0	0
Expenditure	103 662 000	67 546 000	56 764 000	63 724 000
Operating Profit	1 818 000	−679 000	−5 064 000	2 988 000
Financial Income	3 249 000	1 807 000	2 604 000	227 000
Financial Costs	4 172 000	1 680 000	2 058 000	929 000
Financial Balance	−923 000	127 000	546 000	−702 000
Dividends	0	0	0	0
Net Income	698 000	−431 000	−3 525 000	1 783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	503 000	145 000	23 000	1 000
Real Eastate	277 000	0	0	0
Machinery and Plant Facilities	263 000	102 000	132 000	0
Fixtures	2 600 000	1 971 000	1 943 000	67 000
Total Tangible Assets	3 140 000	2 073 000	2 075 000	67 000
Total Fiancial Fixed Assets	0	2 478 000	0	0
Total Fixed Assets	3 643 000	4 696 000	2 099 000	68 000
Stock	15 029 000	5 892 000	5 544 000	408 000
Total Investments	0	0	0	0
Cash, Bank	3 540 000	2 336 000	2 486 000	7 848 000
Total Current Assets	27 871 000	13 137 000	16 912 000	18 817 000
Total Assets	31 514 000	17 833 000	19 010 000	18 885 000
Total Equity	6 436 000	6 356 000	5 391 000	9 887 000
Short-Term Group Debt	902 000	0	0	0
Total Long-Term Debt	1 401 000	0	0	0
Creditors	8 021 000	11 368 000	8 501 000	5 173 000
Unpaid Taxes	1 141 000	7 000	1 961 000	1 584 000
Dividends	0	0	0	0
Other Current Debt	13 613 000	102 000	3 158 000	2 240 000
Total Current Debt	23 677 000	11 477 000	13 619 000	8 998 000
Total Equity and Debt	31 514 000	17 833 000	19 010 000	18 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,85 %	−6,78 %	−65,39 %	18,03 %
Debt-to-Equity Ratio	0,22	0	0	0
Operating Profit Margin	1,72 %	−1,02 %	−9,79 %	4,48 %
Current Ratio	1,18	1,14	1,24	2,09
Quick Ratio	3,22	2,35	2,09	2,19
Equity Ratio	0,2	0,36	0,28	0,52
Gross Profit Margin	24,25 %	11,57 %	14,24 %	13,89 %