FORTITUDO ASSET MANAGEMENT AS

0380 OSLO

Finances

Return on Equity

−13,98 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−321 000	−496 000	564 000	−9 000
Total Assets	2 421 000	2 737 000	2 983 000	2 409 000
Total Equity	2 296 000	2 617 000	2 873 000	2 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	7 000	2 000	2 000	0
Operating Profit	−7 000	−2 000	−2 000	0
Financial Income	−314 000	−189 000	662 000	88 000
Financial Costs	0	305 000	96 000	97 000
Financial Balance	−314 000	−494 000	566 000	−9 000
Earnings Before Tax	−321 000	−496 000	564 000	−9 000
Tax	0	0	0	0
Net Income	−321 000	−496 000	564 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 180 000	2 647 000	2 968 000	0
Total Current Assets	241 000	89 000	15 000	2 409 000
Total Assets	2 421 000	2 737 000	2 983 000	2 409 000
Total Retained Equity	1 496 000	1 817 000	2 073 000	1 509 000
Total Equity	2 296 000	2 617 000	2 873 000	2 309 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	120 000	110 000	100 000
Total Equity and Debt	2 421 000	2 737 000	2 983 000	2 409 000

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	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	2 000	2 000	0
Operating Profit	−7 000	−2 000	−2 000	0
Financial Income	−314 000	−189 000	662 000	88 000
Financial Costs	0	305 000	96 000	97 000
Financial Balance	−314 000	−494 000	566 000	−9 000
Dividends	0	0	0	0
Net Income	−321 000	−496 000	564 000	−9 000

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	2 180 000	2 647 000	2 968 000	0
Total Fixed Assets	2 180 000	2 647 000	2 968 000	0
Stock	0	0	0	0
Total Investments	0	0	0	2 011 000
Cash, Bank	241 000	89 000	15 000	399 000
Total Current Assets	241 000	89 000	15 000	2 409 000
Total Assets	2 421 000	2 737 000	2 983 000	2 409 000
Total Equity	2 296 000	2 617 000	2 873 000	2 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	125 000	120 000	110 000	100 000
Total Current Debt	125 000	120 000	110 000	100 000
Total Equity and Debt	2 421 000	2 737 000	2 983 000	2 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,98 %	−18,95 %	19,63 %	−0,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,93	0,74	0,14	24,09
Quick Ratio	1,93	0,74	0,14	24,09
Equity Ratio	0,95	0,96	0,96	0,96
Gross Profit Margin	-	-	-	-