UNION REAL ESTATE FUND III HOLDING AS

0252 OSLO

Finances

Return on Equity

−4,37 %

Current Ratio

392,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−79 334 000	69 913 000	0	0
Net Income	−100 304 000	19 364 000	−14 650 000	−2 000
Total Assets	2 293 041 000	1 809 221 000	882 701 000	60 000
Total Equity	2 292 935 000	1 809 175 000	882 216 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	−79 334 000	69 913 000	0	0
Expenditure	26 790 000	49 494 000	14 503 000	2 000
Operating Profit	−106 124 000	20 419 000	−14 503 000	−2 000
Financial Income	5 994 000	30 000	799 000	0
Financial Costs	174 000	1 085 000	946 000	0
Financial Balance	5 820 000	−1 055 000	−147 000	0
Earnings Before Tax	−100 304 000	19 364 000	−14 650 000	−2 000
Tax	0	0	0	0
Net Income	−100 304 000	19 364 000	−14 650 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 251 817 000	1 792 047 000	870 703 000	30 000
Total Current Assets	41 224 000	17 174 000	11 998 000	30 000
Total Assets	2 293 041 000	1 809 221 000	882 701 000	60 000
Total Retained Equity	560 144 000	530 851 000	327 414 000	−8 000
Total Equity	2 292 935 000	1 809 175 000	882 216 000	22 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	105 000	46 000	485 000	38 000
Total Equity and Debt	2 293 040 000	1 809 221 000	882 701 000	60 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−79 334 000	69 913 000	0	0
Revenue	−79 334 000	69 913 000	0	0
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	26 790 000	49 494 000	14 503 000	2 000
Operating Profit	−106 124 000	20 419 000	−14 503 000	−2 000
Financial Income	5 994 000	30 000	799 000	0
Financial Costs	174 000	1 085 000	946 000	0
Financial Balance	5 820 000	−1 055 000	−147 000	0
Dividends	0	296 861 000	0	0
Net Income	−100 304 000	19 364 000	−14 650 000	−2 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 251 817 000	1 792 047 000	870 703 000	30 000
Total Fixed Assets	2 251 817 000	1 792 047 000	870 703 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 170 000	17 174 000	11 238 000	30 000
Total Current Assets	41 224 000	17 174 000	11 998 000	30 000
Total Assets	2 293 041 000	1 809 221 000	882 701 000	60 000
Total Equity	2 292 935 000	1 809 175 000	882 216 000	22 000
Short-Term Group Debt	0	0	0	31 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	296 861 000	0	0
Other Current Debt	105 000	46 000	485 000	7 000
Total Current Debt	105 000	46 000	485 000	38 000
Total Equity and Debt	2 293 040 000	1 809 221 000	882 701 000	60 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,37 %	1,07 %	−1,66 %	−9,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	133,77 %	29,21 %	-	-
Current Ratio	392,61	373,35	24,74	0,79
Quick Ratio	392,61	373,35	24,74	0,79
Equity Ratio	1	1	1	0,37
Gross Profit Margin	100 %	100 %	-	-