XO UTVIKLING AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−41,89 %

Current Ratio

2,95

Debt-to-Equity Ratio

7,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−439 000	−261 000	−239 000	−231 000
Total Assets	9 297 000	9 750 000	5 135 000	5 085 000
Total Equity	1 048 000	1 488 000	1 448 000	1 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	32 000	39 000	27 000	36 000
Operating Profit	−32 000	−39 000	−27 000	−36 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	410 000	223 000	213 000	197 000
Financial Balance	−407 000	−221 000	−212 000	−195 000
Earnings Before Tax	−439 000	−261 000	−239 000	−231 000
Tax	0	0	0	0
Net Income	−439 000	−261 000	−239 000	−231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 066 000	9 001 000	4 932 000	4 932 000
Total Current Assets	230 000	749 000	203 000	154 000
Total Assets	9 297 000	9 750 000	5 135 000	5 085 000
Total Retained Equity	−1 352 000	−912 000	−652 000	−413 000
Total Equity	1 048 000	1 488 000	1 448 000	1 387 000
Total Long-Term Debt	8 170 000	8 170 000	3 600 000	3 600 000
Total Current Debt	78 000	92 000	87 000	98 000
Total Equity and Debt	9 297 000	9 750 000	5 135 000	5 085 000

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	32 000	39 000	27 000	36 000
Operating Profit	−32 000	−39 000	−27 000	−36 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	410 000	223 000	213 000	197 000
Financial Balance	−407 000	−221 000	−212 000	−195 000
Dividends	0	0	0	0
Net Income	−439 000	−261 000	−239 000	−231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 066 000	9 001 000	4 932 000	4 932 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 066 000	9 001 000	4 932 000	4 932 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 066 000	9 001 000	4 932 000	4 932 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	670 000	128 000	80 000
Total Current Assets	230 000	749 000	203 000	154 000
Total Assets	9 297 000	9 750 000	5 135 000	5 085 000
Total Equity	1 048 000	1 488 000	1 448 000	1 387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 170 000	8 170 000	3 600 000	3 600 000
Creditors	6 000	21 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	72 000	72 000	87 000	98 000
Total Current Debt	78 000	92 000	87 000	98 000
Total Equity and Debt	9 297 000	9 750 000	5 135 000	5 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,89 %	−17,54 %	−16,51 %	−16,65 %
Debt-to-Equity Ratio	7,8	5,49	2,49	2,6
Operating Profit Margin	-	-	-	-
Current Ratio	2,95	8,14	2,33	1,57
Quick Ratio	2,95	8,14	2,33	1,57
Equity Ratio	0,11	0,15	0,28	0,27
Gross Profit Margin	-	-	-	-