THE APARTMENTS COMPANY AS

0351 OSLO

Finances

Return on Equity

11,03 %

Current Ratio

1,41

Debt-to-Equity Ratio

−3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 514 000	21 159 000	21 567 000	32 384 000
Net Income	−460 000	−1 256 000	−1 690 000	−123 000
Total Assets	12 593 000	10 569 000	13 802 000	18 221 000
Total Equity	−4 170 000	−3 710 000	−2 454 000	8 410 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 514 000	21 159 000	21 567 000	32 384 000
Expenditure	28 509 000	22 286 000	23 476 000	31 336 000
Operating Profit	6 000	−1 127 000	−1 908 000	1 048 000
Financial Income	14 000	3 000	9 000	87 000
Financial Costs	608 000	476 000	256 000	1 011 000
Financial Balance	−594 000	−473 000	−247 000	−924 000
Earnings Before Tax	−587 000	−1 601 000	−2 155 000	124 000
Tax	−127 000	−345 000	−465 000	247 000
Net Income	−460 000	−1 256 000	−1 690 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 726 000	7 563 000	7 211 000	7 683 000
Total Current Assets	4 867 000	3 006 000	6 591 000	10 537 000
Total Assets	12 593 000	10 569 000	13 802 000	18 221 000
Total Retained Equity	−16 380 000	−15 920 000	−14 664 000	−3 800 000
Total Equity	−4 170 000	−3 710 000	−2 454 000	8 410 000
Total Long-Term Debt	13 300 000	0	0	0
Total Current Debt	3 463 000	14 279 000	16 257 000	9 811 000
Total Equity and Debt	12 593 000	10 569 000	13 802 000	18 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 000	2 847 000	411 000	398 000
Other Income	28 335 000	18 312 000	21 156 000	31 986 000
Revenue	28 514 000	21 159 000	21 567 000	32 384 000
Cost of Goods Sold	27 173 000	19 945 000	21 541 000	30 870 000
Salary Costs	0	1 000	593 000	−45 000
Depreciation	50 000	31 000	55 000	79 000
Impairment	0	0	0	0
Expenditure	28 509 000	22 286 000	23 476 000	31 336 000
Operating Profit	6 000	−1 127 000	−1 908 000	1 048 000
Financial Income	14 000	3 000	9 000	87 000
Financial Costs	608 000	476 000	256 000	1 011 000
Financial Balance	−594 000	−473 000	−247 000	−924 000
Dividends	0	0	0	0
Net Income	−460 000	−1 256 000	−1 690 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 924 000	2 797 000	2 452 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	31 000	63 000	15 000
Total Tangible Assets	64 000	31 000	63 000	15 000
Total Fiancial Fixed Assets	4 738 000	4 734 000	4 697 000	7 651 000
Total Fixed Assets	7 726 000	7 563 000	7 211 000	7 683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	117 000	64 000	180 000	346 000
Total Current Assets	4 867 000	3 006 000	6 591 000	10 537 000
Total Assets	12 593 000	10 569 000	13 802 000	18 221 000
Total Equity	−4 170 000	−3 710 000	−2 454 000	8 410 000
Short-Term Group Debt	0	11 934 000	13 674 000	5 409 000
Total Long-Term Debt	13 300 000	0	0	0
Creditors	151 000	1 000	211 000	343 000
Unpaid Taxes	548 000	528 000	116 000	175 000
Dividends	0	0	0	0
Other Current Debt	1 007 000	470 000	280 000	3 883 000
Total Current Debt	3 463 000	14 279 000	16 257 000	9 811 000
Total Equity and Debt	12 593 000	10 569 000	13 802 000	18 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,03 %	33,85 %	68,87 %	−1,46 %
Debt-to-Equity Ratio	−3,19	−0	−0	0
Operating Profit Margin	0,02 %	−5,33 %	−8,85 %	3,24 %
Current Ratio	1,41	0,21	0,41	1,07
Quick Ratio	1,41	0,21	0,41	1,07
Equity Ratio	−0,33	−0,35	−0,18	0,46
Gross Profit Margin	4,7 %	5,74 %	0,12 %	4,68 %