ØSTERVÅG 24 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

1,73 %

Current Ratio

2,82

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	707 000	658 000	721 000	677 000
Net Income	79 000	−898 000	200 000	56 000
Total Assets	10 165 000	9 654 000	8 270 000	8 280 000
Total Equity	4 574 000	4 495 000	5 793 000	5 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	707 000	658 000	721 000	677 000
Expenditure	529 000	1 508 000	425 000	550 000
Operating Profit	178 000	−851 000	295 000	127 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	81 000	50 000	42 000	58 000
Financial Balance	−77 000	−47 000	−39 000	−55 000
Earnings Before Tax	101 000	−898 000	256 000	72 000
Tax	22 000	−1 000	56 000	16 000
Net Income	79 000	−898 000	200 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 112 000	9 398 000	7 700 000	7 983 000
Total Current Assets	1 053 000	256 000	570 000	297 000
Total Assets	10 165 000	9 654 000	8 270 000	8 280 000
Total Retained Equity	79 000	0	511 000	527 000
Total Equity	4 574 000	4 495 000	5 793 000	5 809 000
Total Long-Term Debt	5 218 000	4 160 000	2 263 000	2 364 000
Total Current Debt	373 000	999 000	215 000	108 000
Total Equity and Debt	10 165 000	9 654 000	8 270 000	8 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	707 000	658 000	721 000	677 000
Revenue	707 000	658 000	721 000	677 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	34 000	34 000	34 000
Depreciation	286 000	302 000	283 000	281 000
Impairment	0	0	0	0
Expenditure	529 000	1 508 000	425 000	550 000
Operating Profit	178 000	−851 000	295 000	127 000
Financial Income	4 000	3 000	3 000	3 000
Financial Costs	81 000	50 000	42 000	58 000
Financial Balance	−77 000	−47 000	−39 000	−55 000
Dividends	0	400 000	0	0
Net Income	79 000	−898 000	200 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 112 000	9 398 000	7 684 000	7 948 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	16 000	34 000
Total Tangible Assets	9 112 000	9 398 000	7 700 000	7 983 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 112 000	9 398 000	7 700 000	7 983 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	876 000	237 000	551 000	281 000
Total Current Assets	1 053 000	256 000	570 000	297 000
Total Assets	10 165 000	9 654 000	8 270 000	8 280 000
Total Equity	4 574 000	4 495 000	5 793 000	5 809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 218 000	4 160 000	2 263 000	2 364 000
Creditors	27 000	461 000	0	0
Unpaid Taxes	104 000	62 000	95 000	56 000
Dividends	0	400 000	0	0
Other Current Debt	184 000	438 000	31 000	5 000
Total Current Debt	373 000	999 000	215 000	108 000
Total Equity and Debt	10 165 000	9 654 000	8 270 000	8 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,73 %	−19,98 %	3,45 %	0,96 %
Debt-to-Equity Ratio	1,14	0,93	0,39	0,41
Operating Profit Margin	25,18 %	−129,33 %	40,92 %	18,76 %
Current Ratio	2,82	0,26	2,65	2,75
Quick Ratio	2,82	0,26	2,65	2,75
Equity Ratio	0,45	0,47	0,7	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %