URBAN SEA HOTELL AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

280 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−518 000	−1 452 000	−54 000	−83 000
Total Assets	57 657 000	36 783 000	36 592 000	2 884 000
Total Equity	−185 000	333 000	1 785 000	1 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	520 000	50 000	54 000	86 000
Operating Profit	−520 000	−50 000	−54 000	−86 000
Financial Income	3 000	0	0	3 000
Financial Costs	0	1 402 000	0	0
Financial Balance	3 000	−1 402 000	0	3 000
Earnings Before Tax	−518 000	−1 452 000	−54 000	−83 000
Tax	0	0	0	0
Net Income	−518 000	−1 452 000	−54 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 027 000	3 255 000	3 005 000	2 868 000
Total Current Assets	33 630 000	33 528 000	33 586 000	15 000
Total Assets	57 657 000	36 783 000	36 592 000	2 884 000
Total Retained Equity	−245 000	0	−204 000	−150 000
Total Equity	−185 000	333 000	1 785 000	1 839 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 842 000	36 450 000	34 807 000	1 045 000
Total Equity and Debt	57 657 000	36 783 000	36 592 000	2 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	520 000	50 000	54 000	86 000
Operating Profit	−520 000	−50 000	−54 000	−86 000
Financial Income	3 000	0	0	3 000
Financial Costs	0	1 402 000	0	0
Financial Balance	3 000	−1 402 000	0	3 000
Dividends	0	0	0	0
Net Income	−518 000	−1 452 000	−54 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 027 000	1 455 000	1 205 000	1 068 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 027 000	1 455 000	1 205 000	1 068 000
Total Fiancial Fixed Assets	0	1 800 000	1 800 000	1 800 000
Total Fixed Assets	24 027 000	3 255 000	3 005 000	2 868 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	28 000	13 000	15 000
Total Current Assets	33 630 000	33 528 000	33 586 000	15 000
Total Assets	57 657 000	36 783 000	36 592 000	2 884 000
Total Equity	−185 000	333 000	1 785 000	1 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	975 000	102 000	9 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 867 000	36 349 000	34 798 000	1 019 000
Total Current Debt	57 842 000	36 450 000	34 807 000	1 045 000
Total Equity and Debt	57 657 000	36 783 000	36 592 000	2 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	280 %	−436,04 %	−3,03 %	−4,51 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,58	0,92	0,96	0,01
Quick Ratio	0,58	0,92	0,96	0,01
Equity Ratio	−0	0,01	0,05	0,64
Gross Profit Margin	-	-	-	-