UNION CORE REAL ESTATE FUND AS

0252 OSLO

Finances

Return on Equity

−1,69 %

Current Ratio

4,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 979 000	112 911 000	94 397 000	59 466 000
Net Income	−48 018 000	233 384 000	115 731 000	98 178 000
Total Assets	2 847 102 000	2 841 025 000	2 176 203 000	1 541 020 000
Total Equity	2 836 422 000	2 784 361 000	2 146 909 000	1 510 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 979 000	112 911 000	94 397 000	59 466 000
Expenditure	226 298 000	−151 776 000	−31 963 000	−42 418 000
Operating Profit	−97 319 000	264 687 000	126 360 000	101 884 000
Financial Income	618 000	43 000	106 000	310 000
Financial Costs	180 000	0	13 000	20 000
Financial Balance	438 000	43 000	93 000	290 000
Earnings Before Tax	−96 881 000	264 730 000	126 453 000	102 174 000
Tax	−48 863 000	31 346 000	10 722 000	3 996 000
Net Income	−48 018 000	233 384 000	115 731 000	98 178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 800 731 000	2 781 449 000	2 139 625 000	1 502 949 000
Total Current Assets	46 371 000	59 576 000	36 578 000	38 071 000
Total Assets	2 847 102 000	2 841 025 000	2 176 203 000	1 541 020 000
Total Retained Equity	397 422 000	490 718 000	257 334 000	141 603 000
Total Equity	2 836 422 000	2 784 361 000	2 146 909 000	1 510 392 000
Total Long-Term Debt	0	48 869 000	17 905 000	7 925 000
Total Current Debt	10 678 000	7 795 000	11 389 000	22 703 000
Total Equity and Debt	2 847 100 000	2 841 025 000	2 176 203 000	1 541 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 823 000	109 746 000	70 902 000	58 965 000
Other Income	156 000	3 165 000	23 495 000	501 000
Revenue	128 979 000	112 911 000	94 397 000	59 466 000
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	226 298 000	−151 776 000	−31 963 000	−42 418 000
Operating Profit	−97 319 000	264 687 000	126 360 000	101 884 000
Financial Income	618 000	43 000	106 000	310 000
Financial Costs	180 000	0	13 000	20 000
Financial Balance	438 000	43 000	93 000	290 000
Dividends	0	0	0	0
Net Income	−48 018 000	233 384 000	115 731 000	98 178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 404 000	0	0	0
Real Eastate	2 794 895 000	2 776 030 000	2 134 973 000	1 502 545 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 794 895 000	2 776 030 000	2 134 973 000	1 502 545 000
Total Fiancial Fixed Assets	4 432 000	5 419 000	4 652 000	404 000
Total Fixed Assets	2 800 731 000	2 781 449 000	2 139 625 000	1 502 949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 234 000	52 362 000	31 535 000	28 927 000
Total Current Assets	46 371 000	59 576 000	36 578 000	38 071 000
Total Assets	2 847 102 000	2 841 025 000	2 176 203 000	1 541 020 000
Total Equity	2 836 422 000	2 784 361 000	2 146 909 000	1 510 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	48 869 000	17 905 000	7 925 000
Creditors	3 033 000	2 703 000	2 520 000	11 113 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 689 000	3 880 000	8 245 000	11 060 000
Total Current Debt	10 678 000	7 795 000	11 389 000	22 703 000
Total Equity and Debt	2 847 100 000	2 841 025 000	2 176 203 000	1 541 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,69 %	8,38 %	5,39 %	6,5 %
Debt-to-Equity Ratio	0	0,02	0,01	0,01
Operating Profit Margin	−75,45 %	234,42 %	133,86 %	171,33 %
Current Ratio	4,34	7,64	3,21	1,68
Quick Ratio	4,34	7,64	3,21	1,68
Equity Ratio	1	0,98	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %