BELWA EIENDOM AS

7290 STØREN

Finances

Share Ownership

Return on Equity

−79,57 %

Current Ratio

−1,62

Debt-to-Equity Ratio

−16,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	664 000	594 000	619 000	635 000
Net Income	187 000	72 000	200 000	182 000
Total Assets	3 621 000	3 709 000	3 857 000	3 968 000
Total Equity	−235 000	−348 000	−419 000	−620 000

Income (NOK)	2022	2021	2020	2019
Revenue	664 000	594 000	619 000	635 000
Expenditure	296 000	233 000	180 000	173 000
Operating Profit	368 000	361 000	440 000	462 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	182 000	147 000	184 000	229 000
Financial Balance	−181 000	−147 000	−183 000	−228 000
Earnings Before Tax	187 000	215 000	257 000	234 000
Tax	0	140 000	56 000	51 000
Net Income	187 000	72 000	200 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 414 000	3 503 000	3 651 000	3 763 000
Total Current Assets	207 000	206 000	206 000	205 000
Total Assets	3 621 000	3 709 000	3 857 000	3 968 000
Total Retained Equity	−635 000	−748 000	−819 000	−1 020 000
Total Equity	−235 000	−348 000	−419 000	−620 000
Total Long-Term Debt	3 984 000	4 240 000	4 505 000	4 712 000
Total Current Debt	−128 000	−183 000	−229 000	−124 000
Total Equity and Debt	3 621 000	3 709 000	3 857 000	3 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	664 000	0	619 000	0
Other Income	0	594 000	0	635 000
Revenue	664 000	594 000	619 000	635 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	54 000	55 000	56 000	57 000
Impairment	0	0	0	0
Expenditure	296 000	233 000	180 000	173 000
Operating Profit	368 000	361 000	440 000	462 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	182 000	147 000	184 000	229 000
Financial Balance	−181 000	−147 000	−183 000	−228 000
Dividends	0	0	0	0
Net Income	187 000	72 000	200 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	180 000	273 000	329 000
Real Eastate	3 270 000	3 324 000	3 378 000	3 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 270 000	3 324 000	3 378 000	3 434 000
Total Fiancial Fixed Assets	144 000	0	0	0
Total Fixed Assets	3 414 000	3 503 000	3 651 000	3 763 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	204 000	203 000	203 000	202 000
Total Current Assets	207 000	206 000	206 000	205 000
Total Assets	3 621 000	3 709 000	3 857 000	3 968 000
Total Equity	−235 000	−348 000	−419 000	−620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 984 000	4 240 000	4 505 000	4 712 000
Creditors	16 000	3 000	1 000	−3 000
Unpaid Taxes	7 000	−3 000	9 000	8 000
Dividends	0	0	0	0
Other Current Debt	−217 000	0	0	0
Total Current Debt	−128 000	−183 000	−229 000	−124 000
Total Equity and Debt	3 621 000	3 709 000	3 857 000	3 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,57 %	−20,69 %	−47,73 %	−29,35 %
Debt-to-Equity Ratio	−16,95	−12,18	−10,75	−7,6
Operating Profit Margin	55,42 %	60,77 %	71,08 %	72,76 %
Current Ratio	−1,62	−1,13	−0,9	−1,65
Quick Ratio	−1,62	−1,13	−0,9	−1,65
Equity Ratio	−0,06	−0,09	−0,11	−0,16
Gross Profit Margin	100 %	100 %	100 %	100 %