ASIA EXPRESS AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−44,33 %

Current Ratio

0,69

Debt-to-Equity Ratio

−14,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 222 000	1 837 000	1 337 000	1 002 000
Net Income	661 000	115 000	−403 000	−597 000
Total Assets	20 582 000	29 209 000	29 781 000	30 757 000
Total Equity	−1 491 000	−2 152 000	−2 267 000	−1 864 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 222 000	1 837 000	1 337 000	1 002 000
Expenditure	1 941 000	1 160 000	1 156 000	1 041 000
Operating Profit	1 281 000	678 000	182 000	−40 000
Financial Income	0	0	0	2 000
Financial Costs	620 000	563 000	585 000	559 000
Financial Balance	−620 000	−563 000	−585 000	−557 000
Earnings Before Tax	661 000	115 000	−403 000	−597 000
Tax	0	0	0	0
Net Income	661 000	115 000	−403 000	−597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 351 000	28 940 000	29 461 000	30 234 000
Total Current Assets	231 000	269 000	320 000	524 000
Total Assets	20 582 000	29 209 000	29 781 000	30 757 000
Total Retained Equity	−1 521 000	−2 182 000	−2 297 000	−1 894 000
Total Equity	−1 491 000	−2 152 000	−2 267 000	−1 864 000
Total Long-Term Debt	21 737 000	30 960 000	31 828 000	32 238 000
Total Current Debt	336 000	402 000	220 000	383 000
Total Equity and Debt	20 582 000	29 209 000	29 781 000	30 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 949 000	0	0	0
Other Income	1 273 000	1 837 000	1 337 000	1 002 000
Revenue	3 222 000	1 837 000	1 337 000	1 002 000
Cost of Goods Sold	0	0	0	0
Salary Costs	275 000	0	0	0
Depreciation	587 000	676 000	743 000	727 000
Impairment	0	0	0	0
Expenditure	1 941 000	1 160 000	1 156 000	1 041 000
Operating Profit	1 281 000	678 000	182 000	−40 000
Financial Income	0	0	0	2 000
Financial Costs	620 000	563 000	585 000	559 000
Financial Balance	−620 000	−563 000	−585 000	−557 000
Dividends	0	0	0	0
Net Income	661 000	115 000	−403 000	−597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 873 000	28 923 000	29 440 000	30 095 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	291 000	17 000	21 000	109 000
Total Tangible Assets	20 164 000	28 940 000	29 461 000	30 204 000
Total Fiancial Fixed Assets	187 000	0	0	30 000
Total Fixed Assets	20 351 000	28 940 000	29 461 000	30 234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	210 000	120 000	143 000
Total Current Assets	231 000	269 000	320 000	524 000
Total Assets	20 582 000	29 209 000	29 781 000	30 757 000
Total Equity	−1 491 000	−2 152 000	−2 267 000	−1 864 000
Short-Term Group Debt	0	0	0	165 000
Total Long-Term Debt	21 737 000	30 960 000	31 828 000	32 238 000
Creditors	0	96 000	5 000	52 000
Unpaid Taxes	79 000	31 000	22 000	75 000
Dividends	0	0	0	0
Other Current Debt	257 000	275 000	193 000	92 000
Total Current Debt	336 000	402 000	220 000	383 000
Total Equity and Debt	20 582 000	29 209 000	29 781 000	30 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,33 %	−5,34 %	17,78 %	32,03 %
Debt-to-Equity Ratio	−14,58	−14,39	−14,04	−17,3
Operating Profit Margin	39,76 %	36,91 %	13,61 %	−3,99 %
Current Ratio	0,69	0,67	1,45	1,37
Quick Ratio	0,69	0,67	1,45	1,37
Equity Ratio	−0,07	−0,07	−0,08	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %