ØSTBAK HOLDING AS

2008 FJERDINGBY

Finances

Share Ownership

Return on Equity

113,83 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	625 000	0	0	0
Net Income	13 933 000	−32 000	630 000	387 000
Total Assets	14 302 000	307 000	739 000	509 000
Total Equity	12 240 000	307 000	339 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	625 000	0	0	0
Expenditure	941 000	32 000	19 000	13 000
Operating Profit	−316 000	−32 000	−19 000	−13 000
Financial Income	14 833 000	0	649 000	400 000
Financial Costs	584 000	0	0	0
Financial Balance	14 249 000	0	649 000	400 000
Earnings Before Tax	13 933 000	−32 000	630 000	387 000
Tax	0	0	0	0
Net Income	13 933 000	−32 000	630 000	387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 587 000	107 000	107 000	107 000
Total Current Assets	2 715 000	200 000	632 000	402 000
Total Assets	14 302 000	307 000	739 000	509 000
Total Retained Equity	12 210 000	277 000	309 000	79 000
Total Equity	12 240 000	307 000	339 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 062 000	0	400 000	400 000
Total Equity and Debt	14 302 000	307 000	739 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	625 000	0	0	0
Other Income	0	0	0	0
Revenue	625 000	0	0	0
Cost of Goods Sold	10 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	505 000	0	0	0
Impairment	0	0	0	0
Expenditure	941 000	32 000	19 000	13 000
Operating Profit	−316 000	−32 000	−19 000	−13 000
Financial Income	14 833 000	0	649 000	400 000
Financial Costs	584 000	0	0	0
Financial Balance	14 249 000	0	649 000	400 000
Dividends	2 000 000	0	400 000	400 000
Net Income	13 933 000	−32 000	630 000	387 000

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	2 107 000	0	0	0
Total Tangible Assets	2 107 000	0	0	0
Total Fiancial Fixed Assets	9 480 000	107 000	107 000	107 000
Total Fixed Assets	11 587 000	107 000	107 000	107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 483 000	200 000	0	0
Total Current Assets	2 715 000	200 000	632 000	402 000
Total Assets	14 302 000	307 000	739 000	509 000
Total Equity	12 240 000	307 000	339 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	0	0	0
Unpaid Taxes	46 000	0	0	0
Dividends	2 000 000	0	400 000	400 000
Other Current Debt	0	0	0	0
Total Current Debt	2 062 000	0	400 000	400 000
Total Equity and Debt	14 302 000	307 000	739 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,83 %	−10,42 %	185,84 %	355,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−50,56 %	-	-	-
Current Ratio	1,32	-	1,58	1,01
Quick Ratio	1,32	-	1,58	1,01
Equity Ratio	0,86	1	0,46	0,21
Gross Profit Margin	98,4 %	-	-	-