NEDRE STRANDGATE 29 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−8,34 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	622 000	661 000	505 000	848 000
Net Income	−521 000	136 000	−1 168 000	−492 000
Total Assets	25 325 000	18 376 000	17 636 000	18 580 000
Total Equity	6 247 000	1 536 000	1 400 000	2 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	622 000	661 000	505 000	848 000
Expenditure	707 000	817 000	620 000	828 000
Operating Profit	−85 000	−156 000	−115 000	20 000
Financial Income	4 000	0	0	0
Financial Costs	587 000	459 000	592 000	651 000
Financial Balance	−583 000	−459 000	−592 000	−651 000
Earnings Before Tax	−668 000	−615 000	−707 000	−631 000
Tax	−147 000	−752 000	461 000	−139 000
Net Income	−521 000	136 000	−1 168 000	−492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 937 000	18 046 000	17 351 000	18 182 000
Total Current Assets	7 388 000	330 000	285 000	398 000
Total Assets	25 325 000	18 376 000	17 636 000	18 580 000
Total Retained Equity	−2 587 000	−2 066 000	−2 202 000	−1 035 000
Total Equity	6 247 000	1 536 000	1 400 000	2 568 000
Total Long-Term Debt	1 329 000	13 200 000	13 132 000	15 597 000
Total Current Debt	17 750 000	3 640 000	3 104 000	416 000
Total Equity and Debt	25 325 000	18 376 000	17 636 000	18 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	617 000	605 000	155 000	42 000
Other Income	5 000	56 000	350 000	806 000
Revenue	622 000	661 000	505 000	848 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	370 000	370 000	370 000	420 000
Impairment	0	0	0	0
Expenditure	707 000	817 000	620 000	828 000
Operating Profit	−85 000	−156 000	−115 000	20 000
Financial Income	4 000	0	0	0
Financial Costs	587 000	459 000	592 000	651 000
Financial Balance	−583 000	−459 000	−592 000	−651 000
Dividends	0	0	0	0
Net Income	−521 000	136 000	−1 168 000	−492 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	752 000	752 000	0	461 000
Real Eastate	17 186 000	17 294 000	17 351 000	17 721 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 186 000	17 294 000	17 351 000	17 721 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 937 000	18 046 000	17 351 000	18 182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	647 000	287 000	76 000	220 000
Total Current Assets	7 388 000	330 000	285 000	398 000
Total Assets	25 325 000	18 376 000	17 636 000	18 580 000
Total Equity	6 247 000	1 536 000	1 400 000	2 568 000
Short-Term Group Debt	17 492 000	3 421 000	0	0
Total Long-Term Debt	1 329 000	13 200 000	13 132 000	15 597 000
Creditors	233 000	107 000	21 000	53 000
Unpaid Taxes	0	0	37 000	71 000
Dividends	0	0	0	0
Other Current Debt	26 000	112 000	2 911 000	292 000
Total Current Debt	17 750 000	3 640 000	3 104 000	416 000
Total Equity and Debt	25 325 000	18 376 000	17 636 000	18 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,34 %	8,85 %	−83,43 %	−19,16 %
Debt-to-Equity Ratio	0,21	8,59	9,38	6,07
Operating Profit Margin	−13,67 %	−23,6 %	−22,77 %	2,36 %
Current Ratio	0,42	0,09	0,09	0,96
Quick Ratio	0,42	0,09	0,09	0,96
Equity Ratio	0,25	0,08	0,08	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %