PANGAEA EIENDOM AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

4,89 %

Current Ratio

0,49

Debt-to-Equity Ratio

−14,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	771 000	691 000	0	102 000
Net Income	−39 000	634 000	−753 000	−575 000
Total Assets	12 599 000	12 187 000	11 783 000	12 022 000
Total Equity	−798 000	−884 000	−1 518 000	−765 000

Income (NOK)	2022	2021	2020	2019
Revenue	771 000	691 000	0	102 000
Expenditure	575 000	527 000	452 000	354 000
Operating Profit	196 000	164 000	−452 000	−252 000
Financial Income	0	0	0	1 000
Financial Costs	246 000	130 000	301 000	323 000
Financial Balance	−246 000	−130 000	−301 000	−322 000
Earnings Before Tax	−49 000	34 000	−753 000	−575 000
Tax	−11 000	−600 000	0	0
Net Income	−39 000	634 000	−753 000	−575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 857 000	12 098 000	11 518 000	11 728 000
Total Current Assets	743 000	89 000	265 000	295 000
Total Assets	12 599 000	12 187 000	11 783 000	12 022 000
Total Retained Equity	−1 798 000	−1 884 000	−2 518 000	−1 765 000
Total Equity	−798 000	−884 000	−1 518 000	−765 000
Total Long-Term Debt	11 895 000	13 012 000	12 816 000	12 472 000
Total Current Debt	1 502 000	60 000	485 000	316 000
Total Equity and Debt	12 599 000	12 187 000	11 783 000	12 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	771 000	691 000	0	102 000
Revenue	771 000	691 000	0	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	217 000	214 000	210 000	210 000
Impairment	0	0	0	0
Expenditure	575 000	527 000	452 000	354 000
Operating Profit	196 000	164 000	−452 000	−252 000
Financial Income	0	0	0	1 000
Financial Costs	246 000	130 000	301 000	323 000
Financial Balance	−246 000	−130 000	−301 000	−322 000
Dividends	0	0	0	0
Net Income	−39 000	634 000	−753 000	−575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	576 000	600 000	0	0
Real Eastate	11 276 000	11 486 000	11 500 000	11 700 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	13 000	18 000	28 000
Total Tangible Assets	11 281 000	11 498 000	11 518 000	11 728 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 857 000	12 098 000	11 518 000	11 728 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	51 000	159 000	195 000
Total Current Assets	743 000	89 000	265 000	295 000
Total Assets	12 599 000	12 187 000	11 783 000	12 022 000
Total Equity	−798 000	−884 000	−1 518 000	−765 000
Short-Term Group Debt	1 296 000	0	0	0
Total Long-Term Debt	11 895 000	13 012 000	12 816 000	12 472 000
Creditors	48 000	7 000	0	11 000
Unpaid Taxes	159 000	53 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	485 000	305 000
Total Current Debt	1 502 000	60 000	485 000	316 000
Total Equity and Debt	12 599 000	12 187 000	11 783 000	12 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,89 %	−71,72 %	49,6 %	75,16 %
Debt-to-Equity Ratio	−14,91	−14,72	−8,44	−16,3
Operating Profit Margin	25,42 %	23,73 %	-	−247,06 %
Current Ratio	0,49	1,48	0,55	0,93
Quick Ratio	0,49	1,48	0,55	0,93
Equity Ratio	−0,06	−0,07	−0,13	−0,06
Gross Profit Margin	100 %	100 %	-	100 %