URBAN APARTMENTS AS

0552 OSLO

Finances

Share Ownership

Return on Equity

−2 793,94 %

Current Ratio

0,04

Debt-to-Equity Ratio

125,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 000	7 460 000	7 152 000	263 000
Net Income	−922 000	−462 000	−6 391 000	−3 425 000
Total Assets	29 992 000	20 789 000	42 288 000	38 469 000
Total Equity	33 000	30 000	49 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 000	7 460 000	7 152 000	263 000
Expenditure	1 315 000	7 965 000	15 243 000	4 529 000
Operating Profit	−1 062 000	−506 000	−8 091 000	−4 265 000
Financial Income	0	0	0	0
Financial Costs	118 000	86 000	102 000	126 000
Financial Balance	−118 000	−86 000	−102 000	−126 000
Earnings Before Tax	−1 181 000	−592 000	−8 193 000	−4 391 000
Tax	−259 000	−130 000	−1 802 000	−966 000
Net Income	−922 000	−462 000	−6 391 000	−3 425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 040 000	15 681 000	16 491 000	16 176 000
Total Current Assets	952 000	5 108 000	25 796 000	22 294 000
Total Assets	29 992 000	20 789 000	42 288 000	38 469 000
Total Retained Equity	3 000	8 000	27 000	74 000
Total Equity	33 000	30 000	49 000	96 000
Total Long-Term Debt	4 141 000	4 255 000	4 351 000	4 380 000
Total Current Debt	25 818 000	16 504 000	37 888 000	33 993 000
Total Equity and Debt	29 992 000	20 789 000	42 288 000	38 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 250 000	6 938 000	0
Other Income	253 000	210 000	215 000	263 000
Revenue	253 000	7 460 000	7 152 000	263 000
Cost of Goods Sold	132 000	7 271 000	14 303 000	33 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 315 000	7 965 000	15 243 000	4 529 000
Operating Profit	−1 062 000	−506 000	−8 091 000	−4 265 000
Financial Income	0	0	0	0
Financial Costs	118 000	86 000	102 000	126 000
Financial Balance	−118 000	−86 000	−102 000	−126 000
Dividends	0	0	0	0
Net Income	−922 000	−462 000	−6 391 000	−3 425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	788 000	529 000	1 339 000	984 000
Real Eastate	28 252 000	15 152 000	15 152 000	15 152 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 252 000	15 152 000	15 152 000	15 152 000
Total Fiancial Fixed Assets	0	0	0	40 000
Total Fixed Assets	29 040 000	15 681 000	16 491 000	16 176 000
Stock	0	0	7 219 000	18 198 000
Total Investments	0	0	0	0
Cash, Bank	18 000	826 000	617 000	78 000
Total Current Assets	952 000	5 108 000	25 796 000	22 294 000
Total Assets	29 992 000	20 789 000	42 288 000	38 469 000
Total Equity	33 000	30 000	49 000	96 000
Short-Term Group Debt	25 803 000	16 460 000	37 714 000	33 274 000
Total Long-Term Debt	4 141 000	4 255 000	4 351 000	4 380 000
Creditors	9 000	6 000	16 000	134 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	38 000	158 000	585 000
Total Current Debt	25 818 000	16 504 000	37 888 000	33 993 000
Total Equity and Debt	29 992 000	20 789 000	42 288 000	38 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 793,94 %	−1 540 %	−13 042,86 %	−3 567,71 %
Debt-to-Equity Ratio	125,48	141,83	88,8	45,63
Operating Profit Margin	−419,76 %	−6,78 %	−113,13 %	−1 621,67 %
Current Ratio	0,04	0,31	0,68	0,66
Quick Ratio	0,04	0,31	0,84	1,41
Equity Ratio	0	0	0	0
Gross Profit Margin	47,83 %	2,53 %	−99,99 %	87,45 %