APARTMENTS AS

3186 HORTEN

Finances

Share Ownership

Return on Equity

1 466,69 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 300 000	5 922 000	260 000	0
Net Income	20 079 000	567 000	−793 000	−92 000
Total Assets	33 999 000	3 394 000	558 000	7 000
Total Equity	1 369 000	1 081 000	−703 000	−210 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 300 000	5 922 000	260 000	0
Expenditure	24 172 000	5 357 000	1 045 000	53 000
Operating Profit	25 128 000	564 000	−782 000	−53 000
Financial Income	770 000	12 000	0	0
Financial Costs	155 000	71 000	12 000	40 000
Financial Balance	615 000	−59 000	−12 000	−40 000
Earnings Before Tax	25 743 000	505 000	−793 000	−92 000
Tax	5 663 000	−62 000	0	0
Net Income	20 079 000	567 000	−793 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 108 000	633 000	304 000	0
Total Current Assets	17 892 000	2 761 000	254 000	7 000
Total Assets	33 999 000	3 394 000	558 000	7 000
Total Retained Equity	288 000	0	−1 033 000	−240 000
Total Equity	1 369 000	1 081 000	−703 000	−210 000
Total Long-Term Debt	131 000	106 000	271 000	165 000
Total Current Debt	32 500 000	2 208 000	990 000	51 000
Total Equity and Debt	33 999 000	3 394 000	558 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 300 000	5 922 000	42 000	0
Other Income	0	0	218 000	0
Revenue	49 300 000	5 922 000	260 000	0
Cost of Goods Sold	886 000	158 000	29 000	0
Salary Costs	4 749 000	1 527 000	395 000	0
Depreciation	153 000	91 000	15 000	0
Impairment	0	0	0	0
Expenditure	24 172 000	5 357 000	1 045 000	53 000
Operating Profit	25 128 000	564 000	−782 000	−53 000
Financial Income	770 000	12 000	0	0
Financial Costs	155 000	71 000	12 000	40 000
Financial Balance	615 000	−59 000	−12 000	−40 000
Dividends	0	0	0	0
Net Income	20 079 000	567 000	−793 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	142 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	26 000	16 000	0
Fixtures	505 000	465 000	287 000	0
Total Tangible Assets	505 000	491 000	304 000	0
Total Fiancial Fixed Assets	15 544 000	0	0	0
Total Fixed Assets	16 108 000	633 000	304 000	0
Stock	3 000	4 000	4 000	0
Total Investments	0	0	0	0
Cash, Bank	1 410 000	208 000	55 000	7 000
Total Current Assets	17 892 000	2 761 000	254 000	7 000
Total Assets	33 999 000	3 394 000	558 000	7 000
Total Equity	1 369 000	1 081 000	−703 000	−210 000
Short-Term Group Debt	25 373 000	0	0	0
Total Long-Term Debt	131 000	106 000	271 000	165 000
Creditors	5 072 000	1 774 000	519 000	5 000
Unpaid Taxes	257 000	83 000	88 000	0
Dividends	0	0	0	0
Other Current Debt	1 798 000	312 000	383 000	46 000
Total Current Debt	32 500 000	2 208 000	990 000	51 000
Total Equity and Debt	33 999 000	3 394 000	558 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 466,69 %	52,45 %	112,8 %	43,81 %
Debt-to-Equity Ratio	0,1	0,1	−0,39	−0,79
Operating Profit Margin	50,97 %	9,52 %	−300,77 %	-
Current Ratio	0,55	1,25	0,26	0,14
Quick Ratio	0,55	1,25	0,26	0,14
Equity Ratio	0,04	0,32	−1,26	−30
Gross Profit Margin	98,2 %	97,33 %	88,85 %	-