NORWAY BUSINESS CENTRE NO. 10 AS

0164 OSLO

Finances

Share Ownership

Return on Equity

445,2 %

Current Ratio

0,94

Debt-to-Equity Ratio

−4,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 923 000	4 885 000	2 745 000	2 739 000
Net Income	−1 438 000	−879 000	−2 229 000	−4 072 000
Total Assets	2 085 000	1 626 000	2 926 000	5 189 000
Total Equity	−323 000	614 000	1 493 000	−16 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 923 000	4 885 000	2 745 000	2 739 000
Expenditure	5 242 000	5 750 000	4 734 000	6 030 000
Operating Profit	−1 319 000	−865 000	−1 990 000	−3 291 000
Financial Income	0	0	0	0
Financial Costs	119 000	13 000	239 000	781 000
Financial Balance	−119 000	−13 000	−239 000	−781 000
Earnings Before Tax	−1 438 000	−879 000	−2 229 000	−4 072 000
Tax	0	0	0	0
Net Income	−1 438 000	−879 000	−2 229 000	−4 072 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 181 000	1 382 000	2 179 000	1 806 000
Total Current Assets	904 000	243 000	747 000	3 383 000
Total Assets	2 085 000	1 626 000	2 926 000	5 189 000
Total Retained Equity	−20 883 000	−19 445 000	−18 566 000	−16 338 000
Total Equity	−323 000	614 000	1 493 000	−16 308 000
Total Long-Term Debt	1 451 000	111 000	778 000	17 506 000
Total Current Debt	958 000	900 000	654 000	3 990 000
Total Equity and Debt	2 085 000	1 626 000	2 926 000	5 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	0	0
Other Income	3 923 000	4 883 000	2 745 000	2 739 000
Revenue	3 923 000	4 885 000	2 745 000	2 739 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	303 000	286 000	284 000	293 000
Impairment	0	0	0	0
Expenditure	5 242 000	5 750 000	4 734 000	6 030 000
Operating Profit	−1 319 000	−865 000	−1 990 000	−3 291 000
Financial Income	0	0	0	0
Financial Costs	119 000	13 000	239 000	781 000
Financial Balance	−119 000	−13 000	−239 000	−781 000
Dividends	0	0	0	0
Net Income	−1 438 000	−879 000	−2 229 000	−4 072 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 181 000	1 382 000	1 522 000	1 806 000
Total Tangible Assets	1 181 000	1 382 000	1 522 000	1 806 000
Total Fiancial Fixed Assets	0	0	657 000	0
Total Fixed Assets	1 181 000	1 382 000	2 179 000	1 806 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	904 000	243 000	747 000	3 383 000
Total Assets	2 085 000	1 626 000	2 926 000	5 189 000
Total Equity	−323 000	614 000	1 493 000	−16 308 000
Short-Term Group Debt	233 000	0	0	0
Total Long-Term Debt	1 451 000	111 000	778 000	17 506 000
Creditors	395 000	274 000	427 000	325 000
Unpaid Taxes	0	0	0	25 000
Dividends	0	0	0	0
Other Current Debt	330 000	626 000	227 000	3 640 000
Total Current Debt	958 000	900 000	654 000	3 990 000
Total Equity and Debt	2 085 000	1 626 000	2 926 000	5 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	445,2 %	−143,16 %	−149,3 %	24,97 %
Debt-to-Equity Ratio	−4,49	0,18	0,52	−1,07
Operating Profit Margin	−33,62 %	−17,71 %	−72,5 %	−120,15 %
Current Ratio	0,94	0,27	1,14	0,85
Quick Ratio	0,94	0,27	1,14	0,85
Equity Ratio	−0,15	0,38	0,51	−3,14
Gross Profit Margin	100 %	100 %	100 %	100 %