COOP VEST EIGEDOM ØRSTA AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−2,34 %

Current Ratio

34,62

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	35 000	10 000	10 000
Net Income	−162 000	−106 000	−126 000	−272 000
Total Assets	11 982 000	11 962 000	11 957 000	11 970 000
Total Equity	6 937 000	6 937 000	6 937 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	35 000	10 000	10 000
Expenditure	87 000	46 000	28 000	31 000
Operating Profit	−49 000	−11 000	−18 000	−21 000
Financial Income	28 000	4 000	7 000	11 000
Financial Costs	186 000	128 000	152 000	339 000
Financial Balance	−158 000	−124 000	−145 000	−328 000
Earnings Before Tax	−208 000	−135 000	−162 000	−349 000
Tax	−46 000	−30 000	−36 000	−77 000
Net Income	−162 000	−106 000	−126 000	−272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 424 000	10 424 000	10 424 000	10 424 000
Total Current Assets	1 558 000	1 539 000	1 533 000	1 546 000
Total Assets	11 982 000	11 962 000	11 957 000	11 970 000
Total Retained Equity	0	0	0	0
Total Equity	6 937 000	6 937 000	6 937 000	100 000
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	11 837 000
Total Current Debt	45 000	25 000	20 000	32 000
Total Equity and Debt	11 982 000	11 962 000	11 957 000	11 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	24 000	0	0
Other Income	14 000	11 000	10 000	10 000
Revenue	38 000	35 000	10 000	10 000
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	87 000	46 000	28 000	31 000
Operating Profit	−49 000	−11 000	−18 000	−21 000
Financial Income	28 000	4 000	7 000	11 000
Financial Costs	186 000	128 000	152 000	339 000
Financial Balance	−158 000	−124 000	−145 000	−328 000
Dividends	0	0	0	0
Net Income	−162 000	−106 000	−126 000	−272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 424 000	10 424 000	10 424 000	10 424 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 424 000	10 424 000	10 424 000	10 424 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 424 000	10 424 000	10 424 000	10 424 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 347 000	1 403 000	1 371 000	1 197 000
Total Current Assets	1 558 000	1 539 000	1 533 000	1 546 000
Total Assets	11 982 000	11 962 000	11 957 000	11 970 000
Total Equity	6 937 000	6 937 000	6 937 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	11 837 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	25 000	20 000	32 000
Total Current Debt	45 000	25 000	20 000	32 000
Total Equity and Debt	11 982 000	11 962 000	11 957 000	11 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,34 %	−1,53 %	−1,82 %	−272 %
Debt-to-Equity Ratio	0,72	0,72	0,72	118,37
Operating Profit Margin	−128,95 %	−31,43 %	−180 %	−210 %
Current Ratio	34,62	61,56	76,65	48,31
Quick Ratio	34,62	61,56	76,65	48,31
Equity Ratio	0,58	0,58	0,58	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %