BLACK SEA PROPERTY AS

0275 OSLO

Finances

Share Ownership

Return on Equity

−1,07 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	517 000	0	0	0
Net Income	−1 416 000	−47 887 000	−14 470 000	−7 961 000
Total Assets	246 041 000	211 645 000	243 016 000	245 260 000
Total Equity	132 263 000	125 616 000	104 304 000	89 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	517 000	0	0	0
Expenditure	5 511 000	38 879 000	16 447 000	3 617 000
Operating Profit	−4 994 000	−38 878 000	−16 447 000	−3 617 000
Financial Income	8 240 000	1 926 000	15 387 000	3 300 000
Financial Costs	3 348 000	14 595 000	13 410 000	7 645 000
Financial Balance	4 892 000	−12 669 000	1 977 000	−4 345 000
Earnings Before Tax	−101 000	−51 547 000	−14 470 000	−7 961 000
Tax	1 315 000	−3 661 000	0	0
Net Income	−1 416 000	−47 887 000	−14 470 000	−7 961 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 251 000	200 521 000	240 079 000	227 898 000
Total Current Assets	1 790 000	11 124 000	2 937 000	17 362 000
Total Assets	246 041 000	211 645 000	243 016 000	245 260 000
Total Retained Equity	−152 018 000	−149 027 000	−51 532 000	−38 814 000
Total Equity	132 263 000	125 616 000	104 304 000	89 604 000
Total Long-Term Debt	8 510 000	43 334 000	109 914 000	129 182 000
Total Current Debt	105 268 000	42 695 000	28 798 000	26 474 000
Total Equity and Debt	246 041 000	211 645 000	243 016 000	245 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	517 000	0	0	0
Other Income	0	0	0	0
Revenue	517 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	299 000	310 000	369 000	478 000
Depreciation	424 000	0	0	10 000
Impairment	0	35 828 000	7 692 000	0
Expenditure	5 511 000	38 879 000	16 447 000	3 617 000
Operating Profit	−4 994 000	−38 878 000	−16 447 000	−3 617 000
Financial Income	8 240 000	1 926 000	15 387 000	3 300 000
Financial Costs	3 348 000	14 595 000	13 410 000	7 645 000
Financial Balance	4 892 000	−12 669 000	1 977 000	−4 345 000
Dividends	0	0	0	0
Net Income	−1 416 000	−47 887 000	−14 470 000	−7 961 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	161 000	138 000	145 000	136 000
Real Eastate	239 206 000	198 054 000	237 341 000	225 319 000
Machinery and Plant Facilities	2 226 000	209 000	219 000	207 000
Fixtures	2 266 000	1 711 000	1 793 000	1 690 000
Total Tangible Assets	243 697 000	199 975 000	239 354 000	227 215 000
Total Fiancial Fixed Assets	392 000	409 000	581 000	546 000
Total Fixed Assets	244 251 000	200 521 000	240 079 000	227 898 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 179 000	9 764 000	2 124 000	3 328 000
Total Current Assets	1 790 000	11 124 000	2 937 000	17 362 000
Total Assets	246 041 000	211 645 000	243 016 000	245 260 000
Total Equity	132 263 000	125 616 000	104 304 000	89 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 510 000	43 334 000	109 914 000	129 182 000
Creditors	286 000	488 000	354 000	172 000
Unpaid Taxes	9 000	16 000	39 000	34 000
Dividends	0	0	0	0
Other Current Debt	40 067 000	12 225 000	13 432 000	12 162 000
Total Current Debt	105 268 000	42 695 000	28 798 000	26 474 000
Total Equity and Debt	246 041 000	211 645 000	243 016 000	245 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,07 %	−38,12 %	−13,87 %	−8,88 %
Debt-to-Equity Ratio	0,06	0,34	1,05	1,44
Operating Profit Margin	−965,96 %	-	-	-
Current Ratio	0,02	0,26	0,1	0,66
Quick Ratio	0,02	0,26	0,1	0,66
Equity Ratio	0,54	0,59	0,43	0,37
Gross Profit Margin	100 %	-	-	-