KNUT ØSTBØ AS

8005 BODØ

Finances

Return on Equity

−20,04 %

Current Ratio

3,12

Debt-to-Equity Ratio

4,58

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	60 000	−588 000	0
Net Income	−93 000	−117 000	−3 137 000	−2 118 000
Total Assets	2 706 000	2 474 000	2 403 000	6 451 000
Total Equity	464 000	570 000	687 000	3 824 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	60 000	−588 000	0
Expenditure	9 000	0	873 000	556 000
Operating Profit	−9 000	60 000	−1 461 000	−556 000
Financial Income	0	0	0	1 026 000
Financial Costs	84 000	177 000	1 548 000	2 691 000
Financial Balance	−84 000	−177 000	−1 548 000	−1 665 000
Earnings Before Tax	−93 000	−117 000	−3 009 000	−2 222 000
Tax	0	0	128 000	−103 000
Net Income	−93 000	−117 000	−3 137 000	−2 118 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 344 000	2 344 000	2 344 000	5 040 000
Total Current Assets	362 000	130 000	60 000	1 411 000
Total Assets	2 706 000	2 474 000	2 403 000	6 451 000
Total Retained Equity	−264 000	−158 000	−41 000	3 096 000
Total Equity	464 000	570 000	687 000	3 824 000
Total Long-Term Debt	2 125 000	1 799 000	1 620 000	1 620 000
Total Current Debt	116 000	104 000	96 000	1 006 000
Total Equity and Debt	2 706 000	2 474 000	2 403 000	6 451 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	60 000	−580 000	0
Other Income	0	0	−7 000	0
Revenue	0	60 000	−588 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	230 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	0	873 000	556 000
Operating Profit	−9 000	60 000	−1 461 000	−556 000
Financial Income	0	0	0	1 026 000
Financial Costs	84 000	177 000	1 548 000	2 691 000
Financial Balance	−84 000	−177 000	−1 548 000	−1 665 000
Dividends	0	0	0	0
Net Income	−93 000	−117 000	−3 137 000	−2 118 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	128 000
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	2 344 000	2 344 000	2 344 000	4 912 000
Total Fixed Assets	2 344 000	2 344 000	2 344 000	5 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	122 000	−510 000	−515 000	−203 000
Total Current Assets	362 000	130 000	60 000	1 411 000
Total Assets	2 706 000	2 474 000	2 403 000	6 451 000
Total Equity	464 000	570 000	687 000	3 824 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 125 000	1 799 000	1 620 000	1 620 000
Creditors	0	0	0	−7 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	116 000	103 000	95 000	861 000
Total Current Debt	116 000	104 000	96 000	1 006 000
Total Equity and Debt	2 706 000	2 474 000	2 403 000	6 451 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−20,04 %	−20,53 %	−456,62 %	−55,39 %
Debt-to-Equity Ratio	4,58	3,16	2,36	0,42
Operating Profit Margin	-	100 %	248,47 %	-
Current Ratio	3,12	1,25	0,63	1,4
Quick Ratio	3,12	1,25	0,63	1,4
Equity Ratio	0,17	0,23	0,29	0,59
Gross Profit Margin	-	100 %	100 %	-