APT DEVELOPMENT AS

0351 OSLO

Finances

Return on Equity

3,42 %

Current Ratio

2,53

Debt-to-Equity Ratio

−1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	162 000	310 000	172 000	144 000
Net Income	−1 660 000	−2 468 000	−6 649 000	−12 418 000
Total Assets	20 056 000	769 000	901 000	8 377 000
Total Equity	−48 550 000	−46 890 000	−45 176 000	−38 527 000

Income (NOK)	2022	2021	2020	2019
Revenue	162 000	310 000	172 000	144 000
Expenditure	252 000	2 590 000	6 579 000	5 165 000
Operating Profit	−90 000	−2 281 000	−6 407 000	−5 021 000
Financial Income	0	0	0	0
Financial Costs	2 579 000	187 000	242 000	7 397 000
Financial Balance	−2 579 000	−187 000	−242 000	−7 397 000
Earnings Before Tax	−2 669 000	−2 468 000	−6 649 000	−12 418 000
Tax	−1 010 000	0	0	0
Net Income	−1 660 000	−2 468 000	−6 649 000	−12 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 484 000	50 000	50 000	8 040 000
Total Current Assets	5 572 000	719 000	851 000	337 000
Total Assets	20 056 000	769 000	901 000	8 377 000
Total Retained Equity	−48 650 000	−46 990 000	−45 276 000	−38 627 000
Total Equity	−48 550 000	−46 890 000	−45 176 000	−38 527 000
Total Long-Term Debt	66 399 000	45 447 000	43 077 000	31 013 000
Total Current Debt	2 206 000	2 213 000	3 000 000	15 891 000
Total Equity and Debt	20 056 000	769 000	901 000	8 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	144 000
Other Income	162 000	310 000	172 000	0
Revenue	162 000	310 000	172 000	144 000
Cost of Goods Sold	72 000	0	−45 000	1 740 000
Salary Costs	0	37 000	561 000	2 120 000
Depreciation	0	0	0	184 000
Impairment	0	0	214 000	0
Expenditure	252 000	2 590 000	6 579 000	5 165 000
Operating Profit	−90 000	−2 281 000	−6 407 000	−5 021 000
Financial Income	0	0	0	0
Financial Costs	2 579 000	187 000	242 000	7 397 000
Financial Balance	−2 579 000	−187 000	−242 000	−7 397 000
Dividends	0	0	0	0
Net Income	−1 660 000	−2 468 000	−6 649 000	−12 418 000

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	0	0	0	214 000
Total Tangible Assets	0	0	0	214 000
Total Fiancial Fixed Assets	14 484 000	50 000	50 000	7 826 000
Total Fixed Assets	14 484 000	50 000	50 000	8 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	0	5 000	40 000
Total Current Assets	5 572 000	719 000	851 000	337 000
Total Assets	20 056 000	769 000	901 000	8 377 000
Total Equity	−48 550 000	−46 890 000	−45 176 000	−38 527 000
Short-Term Group Debt	9 000	9 000	0	0
Total Long-Term Debt	66 399 000	45 447 000	43 077 000	31 013 000
Creditors	1 453 000	1 416 000	1 898 000	3 325 000
Unpaid Taxes	0	43 000	42 000	247 000
Dividends	0	0	0	0
Other Current Debt	745 000	745 000	1 060 000	91 000
Total Current Debt	2 206 000	2 213 000	3 000 000	15 891 000
Total Equity and Debt	20 056 000	769 000	901 000	8 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,42 %	5,26 %	14,72 %	32,23 %
Debt-to-Equity Ratio	−1,37	−0,97	−0,95	−0,8
Operating Profit Margin	−55,56 %	−735,81 %	−3 725 %	−3 486,81 %
Current Ratio	2,53	0,32	0,28	0,02
Quick Ratio	2,53	0,32	0,28	0,02
Equity Ratio	−2,42	−60,98	−50,14	−4,6
Gross Profit Margin	55,56 %	100 %	126,16 %	−1 108,33 %