DRONNINGENS GATE 42 NARVIK AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

52,49 %

Current Ratio

0,7

Debt-to-Equity Ratio

−4,71

Key figures (NOK)	2022	2021	2020
Revenue	903 000	612 000	0
Net Income	−1 127 000	−1 013 000	−27 000
Total Assets	8 366 000	8 911 000	38 000
Total Equity	−2 147 000	−1 020 000	−7 000

Income (NOK)	2022	2021	2020
Revenue	903 000	612 000	0
Expenditure	1 323 000	1 694 000	34 000
Operating Profit	−420 000	−1 083 000	−34 000
Financial Income	25 000	0	0
Financial Costs	439 000	216 000	0
Financial Balance	−414 000	−216 000	0
Earnings Before Tax	−834 000	−1 299 000	−34 000
Tax	293 000	−286 000	−8 000
Net Income	−1 127 000	−1 013 000	−27 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 081 000	8 741 000	8 000
Total Current Assets	285 000	170 000	30 000
Total Assets	8 366 000	8 911 000	38 000
Total Retained Equity	−2 177 000	−1 050 000	−37 000
Total Equity	−2 147 000	−1 020 000	−7 000
Total Long-Term Debt	10 107 000	0	0
Total Current Debt	406 000	9 931 000	44 000
Total Equity and Debt	8 366 000	8 911 000	38 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	903 000	612 000	0
Revenue	903 000	612 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	367 000	368 000	0
Impairment	0	0	0
Expenditure	1 323 000	1 694 000	34 000
Operating Profit	−420 000	−1 083 000	−34 000
Financial Income	25 000	0	0
Financial Costs	439 000	216 000	0
Financial Balance	−414 000	−216 000	0
Dividends	0	0	0
Net Income	−1 127 000	−1 013 000	−27 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	293 000	8 000
Real Eastate	8 081 000	8 448 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	8 081 000	8 448 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 081 000	8 741 000	8 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	254 000	140 000	30 000
Total Current Assets	285 000	170 000	30 000
Total Assets	8 366 000	8 911 000	38 000
Total Equity	−2 147 000	−1 020 000	−7 000
Short-Term Group Debt	0	9 882 000	34 000
Total Long-Term Debt	10 107 000	0	0
Creditors	367 000	21 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	39 000	28 000	10 000
Total Current Debt	406 000	9 931 000	44 000
Total Equity and Debt	8 366 000	8 911 000	38 000

Financial indicators	2022	2021	2020
Return on Equity	52,49 %	99,31 %	385,71 %
Debt-to-Equity Ratio	−4,71	−0	−0
Operating Profit Margin	−46,51 %	−176,96 %	-
Current Ratio	0,7	0,02	0,68
Quick Ratio	0,7	0,02	0,68
Equity Ratio	−0,26	−0,11	−0,18
Gross Profit Margin	100 %	100 %	-