ØSTGAARD EVENT AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

112,12 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 391 000	3 442 000	3 132 000	227 000
Net Income	−333 000	292 000	75 000	104 000
Total Assets	845 000	1 309 000	878 000	52 000
Total Equity	−297 000	35 000	−257 000	−332 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 391 000	3 442 000	3 132 000	227 000
Expenditure	6 723 000	3 141 000	3 056 000	121 000
Operating Profit	−331 000	301 000	76 000	104 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	2 000	1 000	1 000
Financial Balance	−2 000	−2 000	−1 000	−1 000
Earnings Before Tax	−333 000	299 000	75 000	104 000
Tax	0	7 000	0	0
Net Income	−333 000	292 000	75 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	13 000	13 000	13 000
Total Current Assets	560 000	1 296 000	865 000	39 000
Total Assets	845 000	1 309 000	878 000	52 000
Total Retained Equity	−397 000	−65 000	−357 000	−432 000
Total Equity	−297 000	35 000	−257 000	−332 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 142 000	1 274 000	1 134 000	384 000
Total Equity and Debt	845 000	1 309 000	878 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 552 000	2 730 000	3 019 000	227 000
Other Income	839 000	712 000	113 000	0
Revenue	6 391 000	3 442 000	3 132 000	227 000
Cost of Goods Sold	2 630 000	985 000	1 166 000	25 000
Salary Costs	2 801 000	1 348 000	677 000	−111 000
Depreciation	37 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 723 000	3 141 000	3 056 000	121 000
Operating Profit	−331 000	301 000	76 000	104 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	2 000	1 000	1 000
Financial Balance	−2 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−333 000	292 000	75 000	104 000

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	284 000	0	0	0
Total Tangible Assets	284 000	0	0	0
Total Fiancial Fixed Assets	0	13 000	13 000	13 000
Total Fixed Assets	284 000	13 000	13 000	13 000
Stock	64 000	28 000	63 000	0
Total Investments	0	0	0	0
Cash, Bank	119 000	193 000	332 000	9 000
Total Current Assets	560 000	1 296 000	865 000	39 000
Total Assets	845 000	1 309 000	878 000	52 000
Total Equity	−297 000	35 000	−257 000	−332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	164 000	321 000	6 000
Unpaid Taxes	322 000	602 000	296 000	8 000
Dividends	0	0	0	0
Other Current Debt	689 000	501 000	517 000	370 000
Total Current Debt	1 142 000	1 274 000	1 134 000	384 000
Total Equity and Debt	845 000	1 309 000	878 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,12 %	834,29 %	−29,18 %	−31,33 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−5,18 %	8,74 %	2,43 %	45,81 %
Current Ratio	0,49	1,02	0,76	0,1
Quick Ratio	0,52	1,04	0,81	0,1
Equity Ratio	−0,35	0,03	−0,29	−6,38
Gross Profit Margin	58,85 %	71,38 %	62,77 %	88,99 %