ÅKP BLUE INNOVATION ARENA AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

−23,76 %

Current Ratio

5,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 442 000	2 918 000	3 012 000	3 333 000
Net Income	−882 000	−1 033 000	−852 000	−1 038 000
Total Assets	4 298 000	4 619 000	5 639 000	6 479 000
Total Equity	3 712 000	4 593 000	5 627 000	6 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 442 000	2 918 000	3 012 000	3 333 000
Expenditure	4 325 000	3 954 000	3 869 000	4 378 000
Operating Profit	−883 000	−1 036 000	−858 000	−1 045 000
Financial Income	2 000	3 000	6 000	8 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	6 000	8 000
Earnings Before Tax	−882 000	−1 033 000	−852 000	−1 038 000
Tax	0	0	0	0
Net Income	−882 000	−1 033 000	−852 000	−1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	853 000	817 000	915 000	840 000
Total Current Assets	3 445 000	3 802 000	4 724 000	5 638 000
Total Assets	4 298 000	4 619 000	5 639 000	6 479 000
Total Retained Equity	0	0	0	−3 821 000
Total Equity	3 712 000	4 593 000	5 627 000	6 479 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	587 000	26 000	13 000	0
Total Equity and Debt	4 298 000	4 619 000	5 639 000	6 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	200 000
Other Income	3 442 000	2 918 000	3 012 000	3 133 000
Revenue	3 442 000	2 918 000	3 012 000	3 333 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	107 000	98 000	84 000	72 000
Impairment	0	0	0	0
Expenditure	4 325 000	3 954 000	3 869 000	4 378 000
Operating Profit	−883 000	−1 036 000	−858 000	−1 045 000
Financial Income	2 000	3 000	6 000	8 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	6 000	8 000
Dividends	0	0	0	0
Net Income	−882 000	−1 033 000	−852 000	−1 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	249 000	308 000	409 000	421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	604 000	509 000	506 000	419 000
Total Tangible Assets	853 000	817 000	915 000	840 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	853 000	817 000	915 000	840 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 561 000	3 673 000	4 546 000	5 333 000
Total Current Assets	3 445 000	3 802 000	4 724 000	5 638 000
Total Assets	4 298 000	4 619 000	5 639 000	6 479 000
Total Equity	3 712 000	4 593 000	5 627 000	6 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	498 000	26 000	13 000	0
Unpaid Taxes	88 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	587 000	26 000	13 000	0
Total Equity and Debt	4 298 000	4 619 000	5 639 000	6 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,76 %	−22,49 %	−15,14 %	−16,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,65 %	−35,5 %	−28,49 %	−31,35 %
Current Ratio	5,87	146,23	363,38	-
Quick Ratio	5,87	146,23	363,38	-
Equity Ratio	0,86	0,99	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %