ØSTREGATE UTVIKLING AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−49,59 %

Current Ratio

0,46

Debt-to-Equity Ratio

16,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	45 000	45 000	45 000
Net Income	−61 000	−45 000	−50 000	−58 000
Total Assets	3 626 000	3 519 000	3 445 000	3 375 000
Total Equity	123 000	123 000	123 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	45 000	45 000	45 000
Expenditure	34 000	33 000	34 000	36 000
Operating Profit	11 000	12 000	11 000	9 000
Financial Income	28 000	13 000	11 000	0
Financial Costs	117 000	83 000	86 000	84 000
Financial Balance	−89 000	−70 000	−75 000	−84 000
Earnings Before Tax	−78 000	−57 000	−64 000	−75 000
Tax	−17 000	−13 000	−14 000	−16 000
Net Income	−61 000	−45 000	−50 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 930 000	2 930 000	2 930 000	2 930 000
Total Current Assets	696 000	589 000	515 000	445 000
Total Assets	3 626 000	3 519 000	3 445 000	3 375 000
Total Retained Equity	23 000	23 000	23 000	23 000
Total Equity	123 000	123 000	123 000	123 000
Total Long-Term Debt	1 990 000	1 990 000	1 990 000	1 990 000
Total Current Debt	1 513 000	1 405 000	1 331 000	1 262 000
Total Equity and Debt	3 626 000	3 519 000	3 445 000	3 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	45 000	45 000	45 000	45 000
Revenue	45 000	45 000	45 000	45 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	34 000	33 000	34 000	36 000
Operating Profit	11 000	12 000	11 000	9 000
Financial Income	28 000	13 000	11 000	0
Financial Costs	117 000	83 000	86 000	84 000
Financial Balance	−89 000	−70 000	−75 000	−84 000
Dividends	0	0	0	0
Net Income	−61 000	−45 000	−50 000	−58 000

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	2 930 000	0	0	0
Total Tangible Assets	2 930 000	2 930 000	2 930 000	2 930 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 930 000	2 930 000	2 930 000	2 930 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	7 000	4 000	10 000
Total Current Assets	696 000	589 000	515 000	445 000
Total Assets	3 626 000	3 519 000	3 445 000	3 375 000
Total Equity	123 000	123 000	123 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 990 000	1 990 000	1 990 000	1 990 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 513 000	1 405 000	1 331 000	1 262 000
Total Current Debt	1 513 000	1 405 000	1 331 000	1 262 000
Total Equity and Debt	3 626 000	3 519 000	3 445 000	3 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,59 %	−36,59 %	−40,65 %	−47,15 %
Debt-to-Equity Ratio	16,18	16,18	16,18	16,18
Operating Profit Margin	24,44 %	26,67 %	24,44 %	20 %
Current Ratio	0,46	0,42	0,39	0,35
Quick Ratio	0,46	0,42	0,39	0,35
Equity Ratio	0,03	0,03	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %