ØYSANG UTVIKLING AS

3919 PORSGRUNN

Finances

Return on Equity

89,85 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 509 000	5 798 000	0	0
Net Income	9 636 000	1 251 000	−7 000	−16 000
Total Assets	31 454 000	31 322 000	13 096 000	1 001 000
Total Equity	10 724 000	10 724 000	4 987 000	−7 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 509 000	5 798 000	0	0
Expenditure	9 473 000	4 203 000	15 000	15 000
Operating Profit	12 036 000	1 594 000	−15 000	−15 000
Financial Income	319 000	10 000	0	0
Financial Costs	1 000	0	22 000	0
Financial Balance	318 000	10 000	−22 000	0
Earnings Before Tax	12 354 000	1 604 000	−37 000	−16 000
Tax	2 718 000	353 000	−31 000	0
Net Income	9 636 000	1 251 000	−7 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	31 000	1 000 000
Total Current Assets	31 454 000	31 322 000	13 065 000	1 000
Total Assets	31 454 000	31 322 000	13 096 000	1 001 000
Total Retained Equity	5 624 000	5 624 000	−113 000	−107 000
Total Equity	10 724 000	10 724 000	4 987 000	−7 000
Total Long-Term Debt	8 062 000	17 858 000	8 109 000	0
Total Current Debt	12 667 000	2 739 000	0	1 008 000
Total Equity and Debt	31 454 000	31 322 000	13 096 000	1 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 509 000	5 798 000	0	0
Other Income	0	0	0	0
Revenue	21 509 000	5 798 000	0	0
Cost of Goods Sold	8 545 000	1 124 000	0	0
Salary Costs	106 000	1 006 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 473 000	4 203 000	15 000	15 000
Operating Profit	12 036 000	1 594 000	−15 000	−15 000
Financial Income	319 000	10 000	0	0
Financial Costs	1 000	0	22 000	0
Financial Balance	318 000	10 000	−22 000	0
Dividends	0	0	0	0
Net Income	9 636 000	1 251 000	−7 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	0
Real Eastate	0	0	0	1 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	1 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	31 000	1 000 000
Stock	24 446 000	24 182 000	8 065 000	0
Total Investments	0	0	0	0
Cash, Bank	1 151 000	776 000	0	1 000
Total Current Assets	31 454 000	31 322 000	13 065 000	1 000
Total Assets	31 454 000	31 322 000	13 096 000	1 001 000
Total Equity	10 724 000	10 724 000	4 987 000	−7 000
Short-Term Group Debt	0	0	0	937 000
Total Long-Term Debt	8 062 000	17 858 000	8 109 000	0
Creditors	321 000	1 557 000	0	1 000
Unpaid Taxes	43 000	152 000	0	0
Dividends	0	0	0	0
Other Current Debt	12 303 000	1 030 000	0	69 000
Total Current Debt	12 667 000	2 739 000	0	1 008 000
Total Equity and Debt	31 454 000	31 322 000	13 096 000	1 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,85 %	11,67 %	−0,14 %	228,57 %
Debt-to-Equity Ratio	0,75	1,67	1,63	−0
Operating Profit Margin	55,96 %	27,49 %	-	-
Current Ratio	2,48	11,44	-	0
Quick Ratio	−2,67	−1,46	−1,62	0
Equity Ratio	0,34	0,34	0,38	−0,01
Gross Profit Margin	60,27 %	80,61 %	-	-