REINERT ØVSTHUS TRANSPORT AS

5710 SKULESTADMO

Finances

Return on Equity

9,75 %

Current Ratio

2,33

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 376 000	19 120 000	20 098 000	16 653 000
Net Income	1 714 000	785 000	1 758 000	836 000
Total Assets	22 388 000	24 125 000	22 411 000	19 109 000
Total Equity	17 588 000	16 274 000	15 889 000	14 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 376 000	19 120 000	20 098 000	16 653 000
Expenditure	18 161 000	18 102 000	17 803 000	15 575 000
Operating Profit	2 216 000	1 019 000	2 295 000	1 078 000
Financial Income	54 000	54 000	55 000	62 000
Financial Costs	71 000	66 000	92 000	66 000
Financial Balance	−17 000	−12 000	−37 000	−4 000
Earnings Before Tax	2 200 000	1 007 000	2 258 000	1 074 000
Tax	486 000	222 000	500 000	237 000
Net Income	1 714 000	785 000	1 758 000	836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 551 000	16 112 000	13 890 000	13 437 000
Total Current Assets	8 838 000	8 013 000	8 521 000	5 672 000
Total Assets	22 388 000	24 125 000	22 411 000	19 109 000
Total Retained Equity	17 484 000	16 170 000	15 785 000	14 427 000
Total Equity	17 588 000	16 274 000	15 889 000	14 531 000
Total Long-Term Debt	1 006 000	4 028 000	2 660 000	2 328 000
Total Current Debt	3 795 000	3 822 000	3 862 000	2 250 000
Total Equity and Debt	22 388 000	24 125 000	22 411 000	19 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 021 000	19 083 000	19 671 000	16 374 000
Other Income	1 355 000	37 000	427 000	279 000
Revenue	20 376 000	19 120 000	20 098 000	16 653 000
Cost of Goods Sold	597 000	1 602 000	2 063 000	1 312 000
Salary Costs	5 983 000	6 025 000	6 006 000	5 400 000
Depreciation	3 318 000	3 074 000	2 903 000	2 649 000
Impairment	0	0	0	0
Expenditure	18 161 000	18 102 000	17 803 000	15 575 000
Operating Profit	2 216 000	1 019 000	2 295 000	1 078 000
Financial Income	54 000	54 000	55 000	62 000
Financial Costs	71 000	66 000	92 000	66 000
Financial Balance	−17 000	−12 000	−37 000	−4 000
Dividends	400 000	400 000	400 000	200 000
Net Income	1 714 000	785 000	1 758 000	836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 295 000	1 393 000	1 421 000	1 242 000
Machinery and Plant Facilities	11 999 000	14 395 000	12 210 000	11 743 000
Fixtures	21 000	27 000	2 000	2 000
Total Tangible Assets	13 315 000	15 815 000	13 633 000	12 987 000
Total Fiancial Fixed Assets	236 000	297 000	258 000	450 000
Total Fixed Assets	13 551 000	16 112 000	13 890 000	13 437 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 904 000	5 348 000	4 912 000	3 390 000
Total Current Assets	8 838 000	8 013 000	8 521 000	5 672 000
Total Assets	22 388 000	24 125 000	22 411 000	19 109 000
Total Equity	17 588 000	16 274 000	15 889 000	14 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 006 000	4 028 000	2 660 000	2 328 000
Creditors	1 160 000	1 079 000	1 440 000	591 000
Unpaid Taxes	849 000	1 072 000	631 000	363 000
Dividends	400 000	400 000	400 000	200 000
Other Current Debt	983 000	1 106 000	929 000	891 000
Total Current Debt	3 795 000	3 822 000	3 862 000	2 250 000
Total Equity and Debt	22 388 000	24 125 000	22 411 000	19 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	4,82 %	11,06 %	5,75 %
Debt-to-Equity Ratio	0,06	0,25	0,17	0,16
Operating Profit Margin	10,88 %	5,33 %	11,42 %	6,47 %
Current Ratio	2,33	2,1	2,21	2,52
Quick Ratio	2,33	2,1	2,21	2,52
Equity Ratio	0,79	0,67	0,71	0,76
Gross Profit Margin	97,07 %	91,62 %	89,74 %	92,12 %