ØE INVEST AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

81,89 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 340 000	5 282 000	5 006 000	5 092 000
Net Income	−321 000	368 000	−65 000	−378 000
Total Assets	701 000	790 000	692 000	858 000
Total Equity	−392 000	−72 000	−440 000	−375 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 340 000	5 282 000	5 006 000	5 092 000
Expenditure	4 636 000	4 896 000	5 065 000	5 356 000
Operating Profit	−296 000	386 000	−59 000	−264 000
Financial Income	0	0	0	0
Financial Costs	25 000	18 000	6 000	13 000
Financial Balance	−25 000	−18 000	−6 000	−13 000
Earnings Before Tax	−321 000	368 000	−65 000	−277 000
Tax	0	0	0	101 000
Net Income	−321 000	368 000	−65 000	−378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	146 000	88 000	160 000
Total Current Assets	611 000	644 000	604 000	698 000
Total Assets	701 000	790 000	692 000	858 000
Total Retained Equity	−492 000	−172 000	−540 000	−475 000
Total Equity	−392 000	−72 000	−440 000	−375 000
Total Long-Term Debt	352 000	297 000	300 000	195 000
Total Current Debt	742 000	565 000	831 000	1 037 000
Total Equity and Debt	701 000	790 000	692 000	858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 340 000	5 282 000	4 990 000	5 092 000
Other Income	0	0	16 000	0
Revenue	4 340 000	5 282 000	5 006 000	5 092 000
Cost of Goods Sold	1 435 000	1 884 000	1 799 000	1 843 000
Salary Costs	1 323 000	1 142 000	1 498 000	1 617 000
Depreciation	56 000	61 000	57 000	72 000
Impairment	0	0	0	0
Expenditure	4 636 000	4 896 000	5 065 000	5 356 000
Operating Profit	−296 000	386 000	−59 000	−264 000
Financial Income	0	0	0	0
Financial Costs	25 000	18 000	6 000	13 000
Financial Balance	−25 000	−18 000	−6 000	−13 000
Dividends	0	0	0	0
Net Income	−321 000	368 000	−65 000	−378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 000	0	0	0
Fixtures	84 000	146 000	88 000	160 000
Total Tangible Assets	90 000	146 000	88 000	160 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	146 000	88 000	160 000
Stock	526 000	529 000	505 000	481 000
Total Investments	0	0	0	0
Cash, Bank	41 000	73 000	58 000	32 000
Total Current Assets	611 000	644 000	604 000	698 000
Total Assets	701 000	790 000	692 000	858 000
Total Equity	−392 000	−72 000	−440 000	−375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	352 000	297 000	300 000	195 000
Creditors	360 000	300 000	371 000	635 000
Unpaid Taxes	140 000	115 000	166 000	128 000
Dividends	0	0	0	0
Other Current Debt	160 000	150 000	182 000	167 000
Total Current Debt	742 000	565 000	831 000	1 037 000
Total Equity and Debt	701 000	790 000	692 000	858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,89 %	−511,11 %	14,77 %	100,8 %
Debt-to-Equity Ratio	−0,9	−4,13	−0,68	−0,52
Operating Profit Margin	−6,82 %	7,31 %	−1,18 %	−5,18 %
Current Ratio	0,82	1,14	0,73	0,67
Quick Ratio	2,83	17,89	1,85	1,26
Equity Ratio	−0,56	−0,09	−0,64	−0,44
Gross Profit Margin	66,94 %	64,33 %	64,06 %	63,81 %