OPULENT PROPERTY HOLDING AS

2008 FJERDINGBY

Finances

Return on Equity

68,37 %

Current Ratio

11,54

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 293 000	259 000	176 000	0
Net Income	1 783 000	189 000	153 000	30 000
Total Assets	2 835 000	829 000	820 000	519 000
Total Equity	2 608 000	826 000	636 000	484 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 293 000	259 000	176 000	0
Expenditure	380 000	70 000	20 000	−30 000
Operating Profit	1 913 000	189 000	156 000	30 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	4 000	0
Financial Balance	0	0	−3 000	0
Earnings Before Tax	1 913 000	189 000	153 000	30 000
Tax	130 000	0	0	0
Net Income	1 783 000	189 000	153 000	30 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	226 000	226 000	226 000	256 000
Total Current Assets	2 609 000	603 000	594 000	264 000
Total Assets	2 835 000	829 000	820 000	519 000
Total Retained Equity	114 000	372 000	183 000	0
Total Equity	2 608 000	826 000	636 000	484 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	226 000	3 000	183 000	35 000
Total Equity and Debt	2 835 000	829 000	820 000	519 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 293 000	259 000	176 000	0
Other Income	0	0	0	0
Revenue	2 293 000	259 000	176 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	−86 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	380 000	70 000	20 000	−30 000
Operating Profit	1 913 000	189 000	156 000	30 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	4 000	0
Financial Balance	0	0	−3 000	0
Dividends	0	0	0	0
Net Income	1 783 000	189 000	153 000	30 000

Balance details (NOK)	2021	2020	2019	2018
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	226 000	226 000	226 000	256 000
Total Fixed Assets	226 000	226 000	226 000	256 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	15 000	69 000	31 000
Total Current Assets	2 609 000	603 000	594 000	264 000
Total Assets	2 835 000	829 000	820 000	519 000
Total Equity	2 608 000	826 000	636 000	484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	3 000	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	183 000	34 000
Total Current Debt	226 000	3 000	183 000	35 000
Total Equity and Debt	2 835 000	829 000	820 000	519 000

Financial indicators	2021	2020	2019	2018
Return on Equity	68,37 %	22,88 %	24,06 %	6,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,43 %	72,97 %	88,64 %	-
Current Ratio	11,54	201	3,25	7,54
Quick Ratio	11,54	201	3,25	7,54
Equity Ratio	0,92	1	0,78	0,93
Gross Profit Margin	100 %	100 %	100 %	-