NORWAY BUSINESS CENTRE NO 16 AS

0164 OSLO

Finances

Share Ownership

Return on Equity

−35,21 %

Current Ratio

0,72

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 820 000	6 063 000	1 656 000	0
Net Income	−257 000	−337 000	−1 877 000	−60 000
Total Assets	4 949 000	4 724 000	4 449 000	14 000
Total Equity	730 000	−13 000	−1 906 000	−30 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 820 000	6 063 000	1 656 000	0
Expenditure	7 858 000	6 338 000	3 427 000	60 000
Operating Profit	−38 000	−276 000	−1 771 000	−60 000
Financial Income	0	0	0	0
Financial Costs	218 000	62 000	106 000	0
Financial Balance	−218 000	−62 000	−106 000	0
Earnings Before Tax	−257 000	−337 000	−1 877 000	−60 000
Tax	0	0	0	0
Net Income	−257 000	−337 000	−1 877 000	−60 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 184 000	3 421 000	3 557 000	0
Total Current Assets	1 765 000	1 304 000	892 000	14 000
Total Assets	4 949 000	4 724 000	4 449 000	14 000
Total Retained Equity	132 000	−2 274 000	−1 936 000	−60 000
Total Equity	730 000	−13 000	−1 906 000	−30 000
Total Long-Term Debt	1 771 000	2 697 000	5 498 000	4 000
Total Current Debt	2 448 000	2 040 000	858 000	40 000
Total Equity and Debt	4 949 000	4 724 000	4 449 000	14 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	262 000	92 000	26 000	0
Other Income	7 558 000	5 971 000	1 630 000	0
Revenue	7 820 000	6 063 000	1 656 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	399 000	382 000	78 000	0
Impairment	0	0	0	0
Expenditure	7 858 000	6 338 000	3 427 000	60 000
Operating Profit	−38 000	−276 000	−1 771 000	−60 000
Financial Income	0	0	0	0
Financial Costs	218 000	62 000	106 000	0
Financial Balance	−218 000	−62 000	−106 000	0
Dividends	0	0	0	0
Net Income	−257 000	−337 000	−1 877 000	−60 000

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	3 184 000	3 421 000	3 557 000	0
Total Tangible Assets	3 184 000	3 421 000	3 557 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 184 000	3 421 000	3 557 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 765 000	1 304 000	892 000	14 000
Total Assets	4 949 000	4 724 000	4 449 000	14 000
Total Equity	730 000	−13 000	−1 906 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 771 000	2 697 000	5 498 000	4 000
Creditors	60 000	1 728 000	414 000	9 000
Unpaid Taxes	0	88 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	2 387 000	223 000	443 000	31 000
Total Current Debt	2 448 000	2 040 000	858 000	40 000
Total Equity and Debt	4 949 000	4 724 000	4 449 000	14 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−35,21 %	2 592,31 %	98,48 %	200 %
Debt-to-Equity Ratio	2,43	−207,46	−2,88	−0,13
Operating Profit Margin	−0,49 %	−4,55 %	−106,94 %	-
Current Ratio	0,72	0,64	1,04	0,35
Quick Ratio	0,72	0,64	1,04	0,35
Equity Ratio	0,15	−0	−0,43	−2,14
Gross Profit Margin	100 %	100 %	100 %	-