ANGELIN AS

5022 BERGEN

Finances

Share Ownership

Return on Equity

−18,13 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	5 000	3 753 000
Net Income	−2 351 000	−2 048 000	−2 238 000	−3 327 000
Total Assets	24 840 000	26 078 000	27 570 000	28 748 000
Total Equity	12 971 000	15 322 000	17 370 000	19 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	5 000	3 753 000
Expenditure	2 015 000	1 844 000	1 904 000	6 978 000
Operating Profit	−2 015 000	−1 844 000	−1 899 000	−3 224 000
Financial Income	1 000	8 000	0	0
Financial Costs	337 000	212 000	339 000	103 000
Financial Balance	−336 000	−204 000	−339 000	−103 000
Earnings Before Tax	−2 351 000	−2 048 000	−2 238 000	−3 327 000
Tax	0	0	0	0
Net Income	−2 351 000	−2 048 000	−2 238 000	−3 327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 741 000	26 011 000	27 281 000	28 551 000
Total Current Assets	99 000	67 000	289 000	197 000
Total Assets	24 840 000	26 078 000	27 570 000	28 748 000
Total Retained Equity	−32 059 000	−29 708 000	−27 660 000	−25 422 000
Total Equity	12 971 000	15 322 000	17 370 000	19 608 000
Total Long-Term Debt	11 803 000	10 691 000	10 081 000	9 050 000
Total Current Debt	65 000	65 000	119 000	91 000
Total Equity and Debt	24 840 000	26 078 000	27 570 000	28 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	5 000	3 753 000
Revenue	0	0	5 000	3 753 000
Cost of Goods Sold	0	0	24 000	948 000
Salary Costs	0	0	0	1 850 000
Depreciation	1 270 000	1 270 000	1 270 000	1 270 000
Impairment	0	0	0	0
Expenditure	2 015 000	1 844 000	1 904 000	6 978 000
Operating Profit	−2 015 000	−1 844 000	−1 899 000	−3 224 000
Financial Income	1 000	8 000	0	0
Financial Costs	337 000	212 000	339 000	103 000
Financial Balance	−336 000	−204 000	−339 000	−103 000
Dividends	0	0	0	0
Net Income	−2 351 000	−2 048 000	−2 238 000	−3 327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 741 000	26 011 000	27 281 000	28 551 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 741 000	26 011 000	27 281 000	28 551 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 741 000	26 011 000	27 281 000	28 551 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	6 000	15 000	34 000
Total Current Assets	99 000	67 000	289 000	197 000
Total Assets	24 840 000	26 078 000	27 570 000	28 748 000
Total Equity	12 971 000	15 322 000	17 370 000	19 608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 803 000	10 691 000	10 081 000	9 050 000
Creditors	20 000	20 000	0	12 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	73 000
Total Current Debt	65 000	65 000	119 000	91 000
Total Equity and Debt	24 840 000	26 078 000	27 570 000	28 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,13 %	−13,37 %	−12,88 %	−16,97 %
Debt-to-Equity Ratio	0,91	0,7	0,58	0,46
Operating Profit Margin	-	-	−37 980 %	−85,9 %
Current Ratio	1,52	1,03	2,43	2,16
Quick Ratio	1,52	1,03	2,43	2,16
Equity Ratio	0,52	0,59	0,63	0,68
Gross Profit Margin	-	-	−380 %	74,74 %