DRONNINGENSGATE 46 NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

6,35 %

Current Ratio

4,69

Debt-to-Equity Ratio

10,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	956 000	1 058 000	1 095 000	1 030 000
Net Income	40 000	139 000	201 000	148 000
Total Assets	7 185 000	7 409 000	11 925 000	11 888 000
Total Equity	630 000	590 000	451 000	249 000

Income (NOK)	2022	2021	2020	2019
Revenue	956 000	1 058 000	1 095 000	1 030 000
Expenditure	815 000	723 000	603 000	601 000
Operating Profit	142 000	335 000	493 000	429 000
Financial Income	0	0	0	0
Financial Costs	91 000	157 000	234 000	240 000
Financial Balance	−91 000	−157 000	−234 000	−240 000
Earnings Before Tax	51 000	179 000	258 000	189 000
Tax	11 000	39 000	57 000	42 000
Net Income	40 000	139 000	201 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 959 000	7 104 000	11 497 000	11 356 000
Total Current Assets	225 000	305 000	428 000	532 000
Total Assets	7 185 000	7 409 000	11 925 000	11 888 000
Total Retained Equity	606 000	566 000	427 000	225 000
Total Equity	630 000	590 000	451 000	249 000
Total Long-Term Debt	6 506 000	6 776 000	11 415 000	11 615 000
Total Current Debt	48 000	42 000	59 000	24 000
Total Equity and Debt	7 185 000	7 409 000	11 925 000	11 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	956 000	1 058 000	1 095 000	1 030 000
Revenue	956 000	1 058 000	1 095 000	1 030 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	123 000	251 000	209 000	209 000
Impairment	0	0	0	0
Expenditure	815 000	723 000	603 000	601 000
Operating Profit	142 000	335 000	493 000	429 000
Financial Income	0	0	0	0
Financial Costs	91 000	157 000	234 000	240 000
Financial Balance	−91 000	−157 000	−234 000	−240 000
Dividends	0	0	0	0
Net Income	40 000	139 000	201 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 759 000	6 882 000	11 147 000	11 356 000
Machinery and Plant Facilities	200 000	222 000	350 000	0
Fixtures	0	0	0	0
Total Tangible Assets	6 959 000	7 104 000	11 497 000	11 356 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 959 000	7 104 000	11 497 000	11 356 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	283 000	392 000	496 000
Total Current Assets	225 000	305 000	428 000	532 000
Total Assets	7 185 000	7 409 000	11 925 000	11 888 000
Total Equity	630 000	590 000	451 000	249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 506 000	6 776 000	11 415 000	11 615 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	16 000	27 000	24 000
Total Current Debt	48 000	42 000	59 000	24 000
Total Equity and Debt	7 185 000	7 409 000	11 925 000	11 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,35 %	23,56 %	44,57 %	59,44 %
Debt-to-Equity Ratio	10,33	11,48	25,31	46,65
Operating Profit Margin	14,85 %	31,66 %	45,02 %	41,65 %
Current Ratio	4,69	7,26	7,25	22,17
Quick Ratio	4,69	7,26	7,25	22,17
Equity Ratio	0,09	0,08	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %