SVERRE ØSTREM AS

6030 LANGEVÅG

Finances

Return on Equity

29,12 %

Current Ratio

4,49

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 707 000	1 872 000	1 674 000	1 824 000
Net Income	505 000	604 000	375 000	556 000
Total Assets	2 126 000	2 088 000	1 513 000	1 553 000
Total Equity	1 734 000	1 229 000	924 000	699 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 707 000	1 872 000	1 674 000	1 824 000
Expenditure	1 100 000	1 085 000	1 194 000	1 126 000
Operating Profit	607 000	787 000	480 000	697 000
Financial Income	3 000	0	0	3 000
Financial Costs	0	3 000	0	0
Financial Balance	3 000	−3 000	0	3 000
Earnings Before Tax	610 000	784 000	480 000	700 000
Tax	105 000	180 000	105 000	143 000
Net Income	505 000	604 000	375 000	556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	524 000	579 000	523 000	351 000
Total Current Assets	1 602 000	1 509 000	990 000	1 203 000
Total Assets	2 126 000	2 088 000	1 513 000	1 553 000
Total Retained Equity	1 624 000	1 119 000	815 000	590 000
Total Equity	1 734 000	1 229 000	924 000	699 000
Total Long-Term Debt	35 000	53 000	40 000	25 000
Total Current Debt	357 000	806 000	549 000	829 000
Total Equity and Debt	2 126 000	2 088 000	1 513 000	1 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 707 000	1 872 000	1 674 000	1 823 000
Other Income	0	0	0	1 000
Revenue	1 707 000	1 872 000	1 674 000	1 824 000
Cost of Goods Sold	0	0	0	0
Salary Costs	783 000	793 000	835 000	760 000
Depreciation	73 000	64 000	63 000	27 000
Impairment	0	0	0	0
Expenditure	1 100 000	1 085 000	1 194 000	1 126 000
Operating Profit	607 000	787 000	480 000	697 000
Financial Income	3 000	0	0	3 000
Financial Costs	0	3 000	0	0
Financial Balance	3 000	−3 000	0	3 000
Dividends	0	300 000	150 000	500 000
Net Income	505 000	604 000	375 000	556 000

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	4 000	0	0	0
Fixtures	520 000	579 000	523 000	351 000
Total Tangible Assets	524 000	579 000	523 000	351 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	524 000	579 000	523 000	351 000
Stock	0	0	0	0
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	1 316 000	1 254 000	800 000	1 095 000
Total Current Assets	1 602 000	1 509 000	990 000	1 203 000
Total Assets	2 126 000	2 088 000	1 513 000	1 553 000
Total Equity	1 734 000	1 229 000	924 000	699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	53 000	40 000	25 000
Creditors	31 000	0	19 000	−3 000
Unpaid Taxes	120 000	109 000	204 000	107 000
Dividends	0	300 000	150 000	500 000
Other Current Debt	79 000	236 000	86 000	81 000
Total Current Debt	357 000	806 000	549 000	829 000
Total Equity and Debt	2 126 000	2 088 000	1 513 000	1 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,12 %	49,15 %	40,58 %	79,54 %
Debt-to-Equity Ratio	0,02	0,04	0,04	0,04
Operating Profit Margin	35,56 %	42,04 %	28,67 %	38,21 %
Current Ratio	4,49	1,87	1,8	1,45
Quick Ratio	4,49	1,87	1,8	1,45
Equity Ratio	0,82	0,59	0,61	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %