APARTMENTS INVEST 2 AS

0191 OSLO

Finances

Return on Equity

29,08 %

Current Ratio

1,75

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 023 000	5 944 000	5 167 000	2 907 000
Net Income	3 439 000	4 155 000	3 554 000	1 901 000
Total Assets	51 514 000	56 741 000	65 121 000	53 230 000
Total Equity	11 825 000	8 477 000	7 436 000	3 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 023 000	5 944 000	5 167 000	2 907 000
Expenditure	616 000	622 000	614 000	456 000
Operating Profit	4 406 000	5 323 000	4 552 000	2 451 000
Financial Income	2 000	5 000	7 000	1 000
Financial Costs	0	1 000	2 000	14 000
Financial Balance	2 000	4 000	5 000	−13 000
Earnings Before Tax	4 409 000	5 327 000	4 557 000	2 437 000
Tax	970 000	1 172 000	1 003 000	536 000
Net Income	3 439 000	4 155 000	3 554 000	1 901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 791 000	47 791 000	50 929 000	47 756 000
Total Current Assets	8 723 000	8 950 000	14 193 000	5 474 000
Total Assets	51 514 000	56 741 000	65 121 000	53 230 000
Total Retained Equity	11 795 000	8 447 000	7 406 000	3 852 000
Total Equity	11 825 000	8 477 000	7 436 000	3 882 000
Total Long-Term Debt	34 718 000	44 203 000	56 750 000	48 764 000
Total Current Debt	4 971 000	4 061 000	935 000	584 000
Total Equity and Debt	51 514 000	56 741 000	65 121 000	53 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	1 000
Other Income	5 023 000	5 944 000	5 161 000	2 907 000
Revenue	5 023 000	5 944 000	5 167 000	2 907 000
Cost of Goods Sold	348 000	348 000	399 000	337 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	616 000	622 000	614 000	456 000
Operating Profit	4 406 000	5 323 000	4 552 000	2 451 000
Financial Income	2 000	5 000	7 000	1 000
Financial Costs	0	1 000	2 000	14 000
Financial Balance	2 000	4 000	5 000	−13 000
Dividends	0	0	0	0
Net Income	3 439 000	4 155 000	3 554 000	1 901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 053 000	47 053 000	50 191 000	47 756 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 053 000	47 053 000	50 191 000	47 756 000
Total Fiancial Fixed Assets	738 000	738 000	738 000	0
Total Fixed Assets	42 791 000	47 791 000	50 929 000	47 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	27 000	5 016 000	14 000
Total Current Assets	8 723 000	8 950 000	14 193 000	5 474 000
Total Assets	51 514 000	56 741 000	65 121 000	53 230 000
Total Equity	11 825 000	8 477 000	7 436 000	3 882 000
Short-Term Group Debt	4 073 000	3 992 000	0	31 000
Total Long-Term Debt	34 718 000	44 203 000	56 750 000	48 764 000
Creditors	16 000	69 000	17 000	27 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	0	26 000	0
Total Current Debt	4 971 000	4 061 000	935 000	584 000
Total Equity and Debt	51 514 000	56 741 000	65 121 000	53 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,08 %	49,01 %	47,79 %	48,97 %
Debt-to-Equity Ratio	2,94	5,21	7,63	12,56
Operating Profit Margin	87,72 %	89,55 %	88,1 %	84,31 %
Current Ratio	1,75	2,2	15,18	9,37
Quick Ratio	1,75	2,2	15,18	9,37
Equity Ratio	0,23	0,15	0,11	0,07
Gross Profit Margin	93,07 %	94,15 %	92,28 %	88,41 %