URBAN REAL ESTATE DEVELOPMENT I AS

0272 OSLO

Finances

Return on Equity

64,06 %

Current Ratio

1,67

Debt-to-Equity Ratio

−65,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 326 000	−471 000	−1 030 000	−61 000
Total Assets	136 096 000	121 586 000	120 087 000	46 599 000
Total Equity	−2 070 000	−744 000	−273 000	46 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	107 000	160 000	125 000	74 000
Operating Profit	−107 000	−160 000	−125 000	−74 000
Financial Income	4 187 000	3 134 000	593 000	13 000
Financial Costs	5 781 000	3 897 000	1 498 000	0
Financial Balance	−1 594 000	−763 000	−905 000	13 000
Earnings Before Tax	−1 700 000	−922 000	−1 030 000	−61 000
Tax	−374 000	−451 000	0	0
Net Income	−1 326 000	−471 000	−1 030 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 382 000	120 008 000	118 881 000	46 154 000
Total Current Assets	5 714 000	1 578 000	1 206 000	445 000
Total Assets	136 096 000	121 586 000	120 087 000	46 599 000
Total Retained Equity	−2 159 000	−833 000	−362 000	−22 000
Total Equity	−2 070 000	−744 000	−273 000	46 593 000
Total Long-Term Debt	134 750 000	119 750 000	119 000 000	0
Total Current Debt	3 416 000	2 580 000	1 360 000	6 000
Total Equity and Debt	136 096 000	121 586 000	120 087 000	46 599 000

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	107 000	160 000	125 000	74 000
Operating Profit	−107 000	−160 000	−125 000	−74 000
Financial Income	4 187 000	3 134 000	593 000	13 000
Financial Costs	5 781 000	3 897 000	1 498 000	0
Financial Balance	−1 594 000	−763 000	−905 000	13 000
Dividends	0	0	0	0
Net Income	−1 326 000	−471 000	−1 030 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	825 000	451 000	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	129 556 000	119 556 000	118 881 000	46 154 000
Total Fixed Assets	130 382 000	120 008 000	118 881 000	46 154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 977 000	653 000	477 000	443 000
Total Current Assets	5 714 000	1 578 000	1 206 000	445 000
Total Assets	136 096 000	121 586 000	120 087 000	46 599 000
Total Equity	−2 070 000	−744 000	−273 000	46 593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	134 750 000	119 750 000	119 000 000	0
Creditors	1 971 000	95 000	294 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 445 000	2 484 000	1 066 000	1 000
Total Current Debt	3 416 000	2 580 000	1 360 000	6 000
Total Equity and Debt	136 096 000	121 586 000	120 087 000	46 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,06 %	63,31 %	377,29 %	−0,13 %
Debt-to-Equity Ratio	−65,1	−160,95	−435,9	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,67	0,61	0,89	74,17
Quick Ratio	1,67	0,61	0,89	74,17
Equity Ratio	−0,02	−0,01	−0	1
Gross Profit Margin	-	-	-	-