THE PHOENIX FOUNDATION AS

4344 BRYNE

Finances

Return on Equity

113,51 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 849 000	−48 000	628 000	167 000
Total Assets	3 860 000	1 866 000	1 498 000	1 605 000
Total Equity	2 510 000	911 000	959 000	331 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	169 000	17 000	12 000	14 000
Operating Profit	−169 000	−17 000	−12 000	−14 000
Financial Income	3 043 000	0	640 000	181 000
Financial Costs	25 000	31 000	0	0
Financial Balance	3 018 000	−31 000	640 000	181 000
Earnings Before Tax	2 849 000	−48 000	628 000	167 000
Tax	0	0	0	0
Net Income	2 849 000	−48 000	628 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 466 000	1 466 000	1 496 000	1 496 000
Total Current Assets	2 394 000	400 000	2 000	109 000
Total Assets	3 860 000	1 866 000	1 498 000	1 605 000
Total Retained Equity	2 480 000	881 000	929 000	301 000
Total Equity	2 510 000	911 000	959 000	331 000
Total Long-Term Debt	0	0	510 000	1 250 000
Total Current Debt	1 350 000	955 000	29 000	24 000
Total Equity and Debt	3 860 000	1 866 000	1 498 000	1 605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	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	169 000	17 000	12 000	14 000
Operating Profit	−169 000	−17 000	−12 000	−14 000
Financial Income	3 043 000	0	640 000	181 000
Financial Costs	25 000	31 000	0	0
Financial Balance	3 018 000	−31 000	640 000	181 000
Dividends	500 000	0	0	0
Net Income	2 849 000	−48 000	628 000	167 000

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	1 466 000	1 466 000	1 496 000	1 496 000
Total Fixed Assets	1 466 000	1 466 000	1 496 000	1 496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	0	2 000	9 000
Total Current Assets	2 394 000	400 000	2 000	109 000
Total Assets	3 860 000	1 866 000	1 498 000	1 605 000
Total Equity	2 510 000	911 000	959 000	331 000
Short-Term Group Debt	850 000	0	29 000	24 000
Total Long-Term Debt	0	0	510 000	1 250 000
Creditors	0	5 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	500 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 350 000	955 000	29 000	24 000
Total Equity and Debt	3 860 000	1 866 000	1 498 000	1 605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,51 %	−5,27 %	65,48 %	50,45 %
Debt-to-Equity Ratio	0	0	0,53	3,78
Operating Profit Margin	-	-	-	-
Current Ratio	1,77	0,42	0,07	4,54
Quick Ratio	1,77	0,42	0,07	4,54
Equity Ratio	0,65	0,49	0,64	0,21
Gross Profit Margin	-	-	-	-