OLE ØSTENSEN HOLDING AS

5109 HYLKJE

Finances

Return on Equity

5,42 %

Current Ratio

21,73

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 500 000
Net Income	872 000	547 000	879 000	1 135 000
Total Assets	16 593 000	16 746 000	17 789 000	16 928 000
Total Equity	16 087 000	15 515 000	16 969 000	16 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 500 000
Expenditure	68 000	60 000	29 000	307 000
Operating Profit	−68 000	−59 000	−29 000	1 193 000
Financial Income	992 000	651 000	963 000	307 000
Financial Costs	0	0	0	40 000
Financial Balance	992 000	651 000	963 000	267 000
Earnings Before Tax	924 000	591 000	934 000	1 460 000
Tax	51 000	45 000	55 000	325 000
Net Income	872 000	547 000	879 000	1 135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 444 000	8 108 000	10 635 000	10 635 000
Total Current Assets	8 149 000	8 639 000	7 154 000	6 293 000
Total Assets	16 593 000	16 746 000	17 789 000	16 928 000
Total Retained Equity	13 996 000	13 423 000	14 877 000	14 498 000
Total Equity	16 087 000	15 515 000	16 969 000	16 590 000
Total Long-Term Debt	131 000	163 000	204 000	255 000
Total Current Debt	375 000	1 068 000	616 000	83 000
Total Equity and Debt	16 593 000	16 746 000	17 789 000	16 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	1 500 000
Revenue	0	0	0	1 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	46 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	68 000	60 000	29 000	307 000
Operating Profit	−68 000	−59 000	−29 000	1 193 000
Financial Income	992 000	651 000	963 000	307 000
Financial Costs	0	0	0	40 000
Financial Balance	992 000	651 000	963 000	267 000
Dividends	300 000	1 000 000	500 000	0
Net Income	872 000	547 000	879 000	1 135 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 444 000	8 108 000	10 635 000	10 635 000
Total Fixed Assets	8 444 000	8 108 000	10 635 000	10 635 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 909 000	8 405 000	6 895 000	6 054 000
Total Current Assets	8 149 000	8 639 000	7 154 000	6 293 000
Total Assets	16 593 000	16 746 000	17 789 000	16 928 000
Total Equity	16 087 000	15 515 000	16 969 000	16 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	131 000	163 000	204 000	255 000
Creditors	12 000	0	9 000	0
Unpaid Taxes	0	6 000	0	0
Dividends	300 000	1 000 000	500 000	0
Other Current Debt	279 000	977 000	500 000	12 000
Total Current Debt	375 000	1 068 000	616 000	83 000
Total Equity and Debt	16 593 000	16 746 000	17 789 000	16 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,42 %	3,53 %	5,18 %	6,84 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	-	-	-	79,53 %
Current Ratio	21,73	8,09	11,61	75,82
Quick Ratio	21,73	8,09	11,61	75,82
Equity Ratio	0,97	0,93	0,95	0,98
Gross Profit Margin	-	-	-	100 %