NORTH WEST PROPERTY AS

5105 EIDSVÅG I ÅSANE

Finances

Return on Equity

12,09 %

Current Ratio

0,94

Debt-to-Equity Ratio

−2,49

Key figures (NOK)	2020	2019	2018	2017
Revenue	1 900 000	0	0	0
Net Income	−3 919 000	−18 254 000	−10 246 000	−25 000
Total Assets	56 297 000	69 503 000	22 764 000	5 000
Total Equity	−32 415 000	−28 495 000	−10 241 000	5 000

Income (NOK)	2020	2019	2018	2017
Revenue	1 900 000	0	0	0
Expenditure	14 422 000	7 141 000	9 341 000	25 000
Operating Profit	−12 521 000	−7 141 000	−9 341 000	−25 000
Financial Income	8 602 000	1 000	0	0
Financial Costs	0	11 114 000	906 000	0
Financial Balance	8 602 000	−11 113 000	−906 000	0
Earnings Before Tax	−3 919 000	−18 254 000	−10 246 000	−25 000
Tax	0	0	0	0
Net Income	−3 919 000	−18 254 000	−10 246 000	−25 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	48 805 000	1 456 000	22 923 000	0
Total Current Assets	7 491 000	68 048 000	−159 000	5 000
Total Assets	56 297 000	69 503 000	22 764 000	5 000
Total Retained Equity	−32 445 000	−28 525 000	−10 271 000	−25 000
Total Equity	−32 415 000	−28 495 000	−10 241 000	5 000
Total Long-Term Debt	80 770 000	65 175 000	0	0
Total Current Debt	7 941 000	32 824 000	33 005 000	0
Total Equity and Debt	56 297 000	69 503 000	22 764 000	5 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	1 900 000	0	0	0
Revenue	1 900 000	0	0	0
Cost of Goods Sold	0	21 000	736 000	0
Salary Costs	3 383 000	2 260 000	2 252 000	0
Depreciation	33 000	0	0	0
Impairment	0	0	0	0
Expenditure	14 422 000	7 141 000	9 341 000	25 000
Operating Profit	−12 521 000	−7 141 000	−9 341 000	−25 000
Financial Income	8 602 000	1 000	0	0
Financial Costs	0	11 114 000	906 000	0
Financial Balance	8 602 000	−11 113 000	−906 000	0
Dividends	0	0	0	0
Net Income	−3 919 000	−18 254 000	−10 246 000	−25 000

Balance details (NOK)	2020	2019	2018	2017
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	171 000	56 000	56 000	0
Total Tangible Assets	171 000	56 000	56 000	0
Total Fiancial Fixed Assets	48 634 000	1 400 000	22 868 000	0
Total Fixed Assets	48 805 000	1 456 000	22 923 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	3 384 000	−159 000	5 000
Total Current Assets	7 491 000	68 048 000	−159 000	5 000
Total Assets	56 297 000	69 503 000	22 764 000	5 000
Total Equity	−32 415 000	−28 495 000	−10 241 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 770 000	65 175 000	0	0
Creditors	0	93 000	−1 050 000	0
Unpaid Taxes	285 000	131 000	756 000	0
Dividends	0	0	0	0
Other Current Debt	7 656 000	32 600 000	33 299 000	0
Total Current Debt	7 941 000	32 824 000	33 005 000	0
Total Equity and Debt	56 297 000	69 503 000	22 764 000	5 000

Financial indicators	2020	2019	2018	2017
Return on Equity	12,09 %	64,06 %	100,05 %	−500 %
Debt-to-Equity Ratio	−2,49	−2,29	−0	0
Operating Profit Margin	−659 %	-	-	-
Current Ratio	0,94	2,07	−0	-
Quick Ratio	0,94	2,07	−0	-
Equity Ratio	−0,58	−0,41	−0,45	1
Gross Profit Margin	100 %	-	-	-