DRONNINGENS GATE 32 AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

3,96 %

Current Ratio

1,15

Debt-to-Equity Ratio

−10,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 523 000	2 201 000	1 954 000	644 000
Net Income	−64 000	−258 000	−40 000	−2 000 000
Total Assets	15 509 000	15 534 000	15 891 000	16 141 000
Total Equity	−1 616 000	−1 553 000	−1 294 000	−1 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 523 000	2 201 000	1 954 000	644 000
Expenditure	1 932 000	1 847 000	1 552 000	2 712 000
Operating Profit	591 000	354 000	403 000	−2 068 000
Financial Income	43 000	10 000	10 000	10 000
Financial Costs	716 000	696 000	464 000	507 000
Financial Balance	−673 000	−686 000	−454 000	−497 000
Earnings Before Tax	−82 000	−331 000	−51 000	−2 565 000
Tax	−18 000	−73 000	−11 000	−564 000
Net Income	−64 000	−258 000	−40 000	−2 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 707 000	15 198 000	15 489 000	15 903 000
Total Current Assets	802 000	337 000	401 000	238 000
Total Assets	15 509 000	15 534 000	15 891 000	16 141 000
Total Retained Equity	−1 646 000	−1 583 000	−1 324 000	−1 284 000
Total Equity	−1 616 000	−1 553 000	−1 294 000	−1 254 000
Total Long-Term Debt	16 425 000	16 675 000	16 825 000	15 475 000
Total Current Debt	700 000	412 000	360 000	1 920 000
Total Equity and Debt	15 509 000	15 534 000	15 891 000	16 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 202 000	1 913 000	1 954 000	644 000
Other Income	321 000	288 000	0	0
Revenue	2 523 000	2 201 000	1 954 000	644 000
Cost of Goods Sold	72 000	6 000	118 000	34 000
Salary Costs	597 000	484 000	22 000	0
Depreciation	509 000	509 000	479 000	326 000
Impairment	0	0	0	0
Expenditure	1 932 000	1 847 000	1 552 000	2 712 000
Operating Profit	591 000	354 000	403 000	−2 068 000
Financial Income	43 000	10 000	10 000	10 000
Financial Costs	716 000	696 000	464 000	507 000
Financial Balance	−673 000	−686 000	−454 000	−497 000
Dividends	0	0	0	0
Net Income	−64 000	−258 000	−40 000	−2 000 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	531 000	513 000	441 000	429 000
Real Eastate	13 633 000	14 082 000	14 531 000	14 980 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	542 000	602 000	518 000	493 000
Total Tangible Assets	14 176 000	14 684 000	15 049 000	15 473 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 707 000	15 198 000	15 489 000	15 903 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	440 000	65 000	226 000	199 000
Total Current Assets	802 000	337 000	401 000	238 000
Total Assets	15 509 000	15 534 000	15 891 000	16 141 000
Total Equity	−1 616 000	−1 553 000	−1 294 000	−1 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 425 000	16 675 000	16 825 000	15 475 000
Creditors	486 000	51 000	96 000	1 008 000
Unpaid Taxes	58 000	45 000	33 000	−395 000
Dividends	0	0	0	0
Other Current Debt	157 000	315 000	231 000	1 307 000
Total Current Debt	700 000	412 000	360 000	1 920 000
Total Equity and Debt	15 509 000	15 534 000	15 891 000	16 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,96 %	16,61 %	3,09 %	159,49 %
Debt-to-Equity Ratio	−10,16	−10,74	−13	−12,34
Operating Profit Margin	23,42 %	16,08 %	20,62 %	−321,12 %
Current Ratio	1,15	0,82	1,11	0,12
Quick Ratio	1,15	0,82	1,11	0,12
Equity Ratio	−0,1	−0,1	−0,08	−0,08
Gross Profit Margin	97,15 %	99,73 %	93,96 %	94,72 %