SPACES NYDALEN BUSINESS CENTRE AS

0484 OSLO

Finances

Share Ownership

Return on Equity

−79,32 %

Current Ratio

1,04

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 366 000	8 410 000	2 874 000	359 000
Net Income	−1 983 000	−3 500 000	−6 579 000	−2 789 000
Total Assets	8 218 000	8 861 000	10 523 000	4 313 000
Total Equity	2 500 000	2 483 000	−9 339 000	−2 759 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 366 000	8 410 000	2 874 000	359 000
Expenditure	10 197 000	11 688 000	8 929 000	3 071 000
Operating Profit	−1 831 000	−3 278 000	−6 056 000	−2 713 000
Financial Income	0	0	22 000	0
Financial Costs	152 000	222 000	546 000	77 000
Financial Balance	−152 000	−222 000	−524 000	−77 000
Earnings Before Tax	−1 983 000	−3 500 000	−6 579 000	−2 789 000
Tax	0	0	0	0
Net Income	−1 983 000	−3 500 000	−6 579 000	−2 789 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 298 000	5 910 000	6 631 000	3 590 000
Total Current Assets	2 920 000	2 951 000	3 892 000	723 000
Total Assets	8 218 000	8 861 000	10 523 000	4 313 000
Total Retained Equity	17 000	−12 869 000	−9 369 000	−2 789 000
Total Equity	2 500 000	2 483 000	−9 339 000	−2 759 000
Total Long-Term Debt	2 921 000	2 107 000	15 239 000	5 131 000
Total Current Debt	2 797 000	4 270 000	4 622 000	1 941 000
Total Equity and Debt	8 218 000	8 861 000	10 523 000	4 313 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	8 366 000	8 410 000	2 873 000	359 000
Revenue	8 366 000	8 410 000	2 874 000	359 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	760 000	760 000	681 000	68 000
Impairment	0	0	0	0
Expenditure	10 197 000	11 688 000	8 929 000	3 071 000
Operating Profit	−1 831 000	−3 278 000	−6 056 000	−2 713 000
Financial Income	0	0	22 000	0
Financial Costs	152 000	222 000	546 000	77 000
Financial Balance	−152 000	−222 000	−524 000	−77 000
Dividends	0	0	0	0
Net Income	−1 983 000	−3 500 000	−6 579 000	−2 789 000

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	5 298 000	5 910 000	6 631 000	3 590 000
Total Tangible Assets	5 298 000	5 910 000	6 631 000	3 590 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 298 000	5 910 000	6 631 000	3 590 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 920 000	2 951 000	3 892 000	723 000
Total Assets	8 218 000	8 861 000	10 523 000	4 313 000
Total Equity	2 500 000	2 483 000	−9 339 000	−2 759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 921 000	2 107 000	15 239 000	5 131 000
Creditors	66 000	1 846 000	3 305 000	1 573 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 731 000	2 425 000	1 317 000	368 000
Total Current Debt	2 797 000	4 270 000	4 622 000	1 941 000
Total Equity and Debt	8 218 000	8 861 000	10 523 000	4 313 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−79,32 %	−140,96 %	70,45 %	101,09 %
Debt-to-Equity Ratio	1,17	0,85	−1,63	−1,86
Operating Profit Margin	−21,89 %	−38,98 %	−210,72 %	−755,71 %
Current Ratio	1,04	0,69	0,84	0,37
Quick Ratio	1,04	0,69	0,84	0,37
Equity Ratio	0,3	0,28	−0,89	−0,64
Gross Profit Margin	100 %	100 %	100 %	100 %