NORWEGIAN HOUSING AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

187,44 %

Current Ratio

1,03

Debt-to-Equity Ratio

−8,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 469 000	3 684 000	5 652 000	3 335 000
Net Income	−761 000	−858 000	1 568 000	−102 000
Total Assets	8 020 000	14 560 000	17 140 000	11 741 000
Total Equity	−406 000	355 000	1 214 000	−355 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 469 000	3 684 000	5 652 000	3 335 000
Expenditure	3 990 000	4 432 000	3 866 000	3 118 000
Operating Profit	−522 000	−748 000	1 786 000	216 000
Financial Income	0	0	0	0
Financial Costs	239 000	111 000	218 000	319 000
Financial Balance	−239 000	−111 000	−218 000	−319 000
Earnings Before Tax	−761 000	−858 000	1 568 000	−102 000
Tax	0	0	0	0
Net Income	−761 000	−858 000	1 568 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 918 000	14 237 000	14 589 000	11 217 000
Total Current Assets	5 102 000	323 000	2 550 000	524 000
Total Assets	8 020 000	14 560 000	17 140 000	11 741 000
Total Retained Equity	−480 000	281 000	1 140 000	−429 000
Total Equity	−406 000	355 000	1 214 000	−355 000
Total Long-Term Debt	3 486 000	9 038 000	10 408 000	10 913 000
Total Current Debt	4 939 000	5 166 000	5 518 000	1 182 000
Total Equity and Debt	8 020 000	14 560 000	17 140 000	11 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	1 119 000	701 000	3 335 000
Other Income	3 260 000	2 565 000	4 951 000	0
Revenue	3 469 000	3 684 000	5 652 000	3 335 000
Cost of Goods Sold	1 546 000	805 000	373 000	0
Salary Costs	243 000	277 000	314 000	420 000
Depreciation	120 000	352 000	362 000	340 000
Impairment	0	0	0	0
Expenditure	3 990 000	4 432 000	3 866 000	3 118 000
Operating Profit	−522 000	−748 000	1 786 000	216 000
Financial Income	0	0	0	0
Financial Costs	239 000	111 000	218 000	319 000
Financial Balance	−239 000	−111 000	−218 000	−319 000
Dividends	0	0	0	0
Net Income	−761 000	−858 000	1 568 000	−102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 527 000	13 890 000	14 243 000	11 217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	392 000	347 000	347 000	0
Total Tangible Assets	2 918 000	14 237 000	14 589 000	11 217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 918 000	14 237 000	14 589 000	11 217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−3 166 000	−2 958 000	−153 000	9 000
Total Current Assets	5 102 000	323 000	2 550 000	524 000
Total Assets	8 020 000	14 560 000	17 140 000	11 741 000
Total Equity	−406 000	355 000	1 214 000	−355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 486 000	9 038 000	10 408 000	10 913 000
Creditors	4 205 000	3 303 000	2 801 000	146 000
Unpaid Taxes	0	0	24 000	2 000
Dividends	0	0	0	0
Other Current Debt	734 000	1 863 000	2 692 000	1 034 000
Total Current Debt	4 939 000	5 166 000	5 518 000	1 182 000
Total Equity and Debt	8 020 000	14 560 000	17 140 000	11 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	187,44 %	−241,69 %	129,16 %	28,73 %
Debt-to-Equity Ratio	−8,59	25,46	8,57	−30,74
Operating Profit Margin	−15,05 %	−20,3 %	31,6 %	6,48 %
Current Ratio	1,03	0,06	0,46	0,44
Quick Ratio	1,03	0,06	0,46	0,44
Equity Ratio	−0,05	0,02	0,07	−0,03
Gross Profit Margin	55,43 %	78,15 %	93,4 %	100 %