UNION REAL ESTATE FUND II HOLDING AS

0252 OSLO

Finances

Return on Equity

−2,03 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 439 000	671 049 000	316 346 000	427 637 000
Net Income	−29 556 000	491 171 000	119 406 000	210 142 000
Total Assets	3 477 023 000	5 113 996 000	4 307 082 000	4 387 147 000
Total Equity	1 452 522 000	2 495 117 000	2 003 944 000	2 059 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 439 000	671 049 000	316 346 000	427 637 000
Expenditure	156 890 000	61 066 000	87 275 000	98 069 000
Operating Profit	−28 451 000	609 983 000	229 071 000	329 568 000
Financial Income	30 476 000	77 078 000	10 571 000	29 921 000
Financial Costs	99 188 000	69 381 000	78 477 000	80 301 000
Financial Balance	−68 712 000	7 697 000	−67 906 000	−50 380 000
Earnings Before Tax	−97 163 000	617 680 000	161 165 000	279 188 000
Tax	−67 607 000	126 509 000	39 825 000	40 445 000
Net Income	−29 556 000	491 171 000	119 406 000	210 142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 629 286 000	3 214 520 000	3 548 515 000	3 877 394 000
Total Current Assets	847 737 000	1 899 476 000	758 567 000	509 753 000
Total Assets	3 477 023 000	5 113 996 000	4 307 082 000	4 387 147 000
Total Retained Equity	1 018 859 000	952 911 000	621 964 000	637 046 000
Total Equity	1 452 522 000	2 495 117 000	2 003 944 000	2 059 271 000
Total Long-Term Debt	1 234 563 000	1 762 123 000	1 773 481 000	2 256 534 000
Total Current Debt	789 939 000	856 757 000	529 658 000	71 342 000
Total Equity and Debt	3 477 023 000	5 113 997 000	4 307 083 000	4 387 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 728 000	190 001 000	198 302 000	221 050 000
Other Income	9 711 000	481 048 000	118 044 000	206 587 000
Revenue	128 439 000	671 049 000	316 346 000	427 637 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	156 890 000	61 066 000	87 275 000	98 069 000
Operating Profit	−28 451 000	609 983 000	229 071 000	329 568 000
Financial Income	30 476 000	77 078 000	10 571 000	29 921 000
Financial Costs	99 188 000	69 381 000	78 477 000	80 301 000
Financial Balance	−68 712 000	7 697 000	−67 906 000	−50 380 000
Dividends	0	0	0	0
Net Income	−29 556 000	491 171 000	119 406 000	210 142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 949 899 000	3 373 171 000	3 771 058 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 949 899 000	3 373 171 000	3 771 058 000
Total Fiancial Fixed Assets	2 629 286 000	264 621 000	175 344 000	106 336 000
Total Fixed Assets	2 629 286 000	3 214 520 000	3 548 515 000	3 877 394 000
Stock	574 305 000	0	0	0
Total Investments	0	1 570 478 000	0	0
Cash, Bank	159 528 000	227 004 000	126 047 000	163 314 000
Total Current Assets	847 737 000	1 899 476 000	758 567 000	509 753 000
Total Assets	3 477 023 000	5 113 996 000	4 307 082 000	4 387 147 000
Total Equity	1 452 522 000	2 495 117 000	2 003 944 000	2 059 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 234 563 000	1 762 123 000	1 773 481 000	2 256 534 000
Creditors	3 960 000	51 114 000	14 034 000	8 263 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 965 000	61 274 000	513 255 000	58 227 000
Total Current Debt	789 939 000	856 757 000	529 658 000	71 342 000
Total Equity and Debt	3 477 023 000	5 113 997 000	4 307 083 000	4 387 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,03 %	19,69 %	5,96 %	10,2 %
Debt-to-Equity Ratio	0,85	0,71	0,88	1,1
Operating Profit Margin	−22,15 %	90,9 %	72,41 %	77,07 %
Current Ratio	1,07	2,22	1,43	7,15
Quick Ratio	3,93	2,22	1,43	7,15
Equity Ratio	0,42	0,49	0,47	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %