NORWAY BUSINESS CENTRE NO 11 AS

0164 OSLO

Finances

Share Ownership

Return on Equity

23,92 %

Current Ratio

2,93

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 138 000	7 625 000	8 839 000	12 752 000
Net Income	305 000	2 160 000	−1 348 000	1 117 000
Total Assets	5 115 000	6 640 000	11 872 000	14 582 000
Total Equity	1 275 000	970 000	−3 103 000	−1 755 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 138 000	7 625 000	8 839 000	12 752 000
Expenditure	8 800 000	5 443 000	10 017 000	11 487 000
Operating Profit	338 000	2 183 000	−1 178 000	1 265 000
Financial Income	0	0	0	6 000
Financial Costs	33 000	22 000	170 000	153 000
Financial Balance	−33 000	−22 000	−170 000	−147 000
Earnings Before Tax	305 000	2 160 000	−1 348 000	1 117 000
Tax	0	0	0	0
Net Income	305 000	2 160 000	−1 348 000	1 117 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 392 000	3 766 000	3 634 000	4 093 000
Total Current Assets	1 723 000	2 873 000	8 238 000	10 489 000
Total Assets	5 115 000	6 640 000	11 872 000	14 582 000
Total Retained Equity	−667 000	−972 000	−3 133 000	−1 785 000
Total Equity	1 275 000	970 000	−3 103 000	−1 755 000
Total Long-Term Debt	3 251 000	3 550 000	7 754 000	6 018 000
Total Current Debt	589 000	2 120 000	7 221 000	10 319 000
Total Equity and Debt	5 115 000	6 640 000	11 872 000	14 582 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	9 138 000	7 625 000	8 839 000	12 752 000
Revenue	9 138 000	7 625 000	8 839 000	12 752 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	510 000	504 000	501 000	582 000
Impairment	0	0	0	0
Expenditure	8 800 000	5 443 000	10 017 000	11 487 000
Operating Profit	338 000	2 183 000	−1 178 000	1 265 000
Financial Income	0	0	0	6 000
Financial Costs	33 000	22 000	170 000	153 000
Financial Balance	−33 000	−22 000	−170 000	−147 000
Dividends	0	0	0	0
Net Income	305 000	2 160 000	−1 348 000	1 117 000

Balance details (NOK)	2021	2020	2019	2018
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	2 777 000	3 190 000	3 634 000	4 093 000
Total Tangible Assets	2 777 000	3 190 000	3 634 000	4 093 000
Total Fiancial Fixed Assets	615 000	576 000	0	0
Total Fixed Assets	3 392 000	3 766 000	3 634 000	4 093 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 723 000	2 873 000	8 238 000	10 489 000
Total Assets	5 115 000	6 640 000	11 872 000	14 582 000
Total Equity	1 275 000	970 000	−3 103 000	−1 755 000
Short-Term Group Debt	13 000	0	0	0
Total Long-Term Debt	3 251 000	3 550 000	7 754 000	6 018 000
Creditors	0	474 000	65 000	8 788 000
Unpaid Taxes	0	695 000	84 000	0
Dividends	0	0	0	0
Other Current Debt	576 000	952 000	7 071 000	1 530 000
Total Current Debt	589 000	2 120 000	7 221 000	10 319 000
Total Equity and Debt	5 115 000	6 640 000	11 872 000	14 582 000

Financial indicators	2021	2020	2019	2018
Return on Equity	23,92 %	222,68 %	43,44 %	−63,65 %
Debt-to-Equity Ratio	2,55	3,66	−2,5	−3,43
Operating Profit Margin	3,7 %	28,63 %	−13,33 %	9,92 %
Current Ratio	2,93	1,36	1,14	1,02
Quick Ratio	2,93	1,36	1,14	1,02
Equity Ratio	0,25	0,15	−0,26	−0,12
Gross Profit Margin	100 %	100 %	100 %	100 %