ØSTFOLD PROSJEKT AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−62,07 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	20 000	1 138 000
Net Income	−126 000	−75 000	−374 000	−296 000
Total Assets	2 405 000	1 688 000	2 178 000	2 534 000
Total Equity	203 000	1 686 000	1 761 000	1 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	20 000	1 138 000
Expenditure	184 000	102 000	628 000	1 547 000
Operating Profit	−183 000	−102 000	−607 000	−409 000
Financial Income	21 000	5 000	8 000	27 000
Financial Costs	0	0	0	0
Financial Balance	21 000	5 000	8 000	27 000
Earnings Before Tax	−162 000	−97 000	−599 000	−382 000
Tax	−36 000	−21 000	−225 000	−87 000
Net Income	−126 000	−75 000	−374 000	−296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	202 000	181 000	88 000
Total Current Assets	2 405 000	1 486 000	1 997 000	2 446 000
Total Assets	2 405 000	1 688 000	2 178 000	2 534 000
Total Retained Equity	−841 000	1 486 000	1 561 000	1 467 000
Total Equity	203 000	1 686 000	1 761 000	1 667 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 202 000	2 000	417 000	867 000
Total Equity and Debt	2 405 000	1 688 000	2 178 000	2 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	20 000	1 097 000
Other Income	0	1 000	0	41 000
Revenue	0	1 000	20 000	1 138 000
Cost of Goods Sold	71 000	60 000	455 000	1 308 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	184 000	102 000	628 000	1 547 000
Operating Profit	−183 000	−102 000	−607 000	−409 000
Financial Income	21 000	5 000	8 000	27 000
Financial Costs	0	0	0	0
Financial Balance	21 000	5 000	8 000	27 000
Dividends	0	0	0	0
Net Income	−126 000	−75 000	−374 000	−296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	202 000	181 000	88 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	202 000	181 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 220 000	1 379 000	1 212 000	1 747 000
Total Current Assets	2 405 000	1 486 000	1 997 000	2 446 000
Total Assets	2 405 000	1 688 000	2 178 000	2 534 000
Total Equity	203 000	1 686 000	1 761 000	1 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	0	94 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	417 000	773 000
Total Current Debt	2 202 000	2 000	417 000	867 000
Total Equity and Debt	2 405 000	1 688 000	2 178 000	2 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,07 %	−4,45 %	−21,24 %	−17,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−10 200 %	−3 035 %	−35,94 %
Current Ratio	1,09	743	4,79	2,82
Quick Ratio	1,09	743	4,79	2,82
Equity Ratio	0,08	1	0,81	0,66
Gross Profit Margin	-	−5 900 %	−2 175 %	−14,94 %