ARK. KNUD ØGREID AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

7,78 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 501 000	0	0	0
Net Income	6 803 000	−1 064 000	−4 284 000	−3 297 000
Total Assets	90 694 000	35 563 000	14 418 000	15 592 000
Total Equity	87 436 000	12 803 000	13 867 000	11 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 501 000	0	0	0
Expenditure	2 199 000	770 000	3 261 000	4 174 000
Operating Profit	6 302 000	−770 000	−3 262 000	−4 174 000
Financial Income	12 000	0	2 000	0
Financial Costs	0	293 000	2 000	53 000
Financial Balance	12 000	−293 000	0	−53 000
Earnings Before Tax	6 315 000	−1 064 000	−3 261 000	−4 227 000
Tax	−488 000	0	1 023 000	−930 000
Net Income	6 803 000	−1 064 000	−4 284 000	−3 297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 840 000	33 312 000	13 916 000	15 251 000
Total Current Assets	5 854 000	2 251 000	502 000	341 000
Total Assets	90 694 000	35 563 000	14 418 000	15 592 000
Total Retained Equity	−1 176 000	−9 063 000	−8 000 000	−3 715 000
Total Equity	87 436 000	12 803 000	13 867 000	11 279 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 258 000	22 759 000	551 000	4 312 000
Total Equity and Debt	90 694 000	35 563 000	14 418 000	15 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 163 000	0	0	0
Other Income	7 338 000	0	0	0
Revenue	8 501 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 959 000	378 000	378 000	378 000
Impairment	0	0	0	0
Expenditure	2 199 000	770 000	3 261 000	4 174 000
Operating Profit	6 302 000	−770 000	−3 262 000	−4 174 000
Financial Income	12 000	0	2 000	0
Financial Costs	0	293 000	2 000	53 000
Financial Balance	12 000	−293 000	0	−53 000
Dividends	0	0	0	0
Net Income	6 803 000	−1 064 000	−4 284 000	−3 297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 049 000
Real Eastate	82 050 000	33 312 000	13 916 000	14 201 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 790 000	0	0	0
Total Tangible Assets	84 840 000	33 312 000	13 916 000	14 201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 840 000	33 312 000	13 916 000	15 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 104 000	2 234 000	367 000	327 000
Total Current Assets	5 854 000	2 251 000	502 000	341 000
Total Assets	90 694 000	35 563 000	14 418 000	15 592 000
Total Equity	87 436 000	12 803 000	13 867 000	11 279 000
Short-Term Group Debt	0	17 293 000	502 000	4 103 000
Total Long-Term Debt	0	0	0	0
Creditors	2 782 000	4 775 000	49 000	210 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	476 000	691 000	0	0
Total Current Debt	3 258 000	22 759 000	551 000	4 312 000
Total Equity and Debt	90 694 000	35 563 000	14 418 000	15 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,78 %	−8,31 %	−30,89 %	−29,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,13 %	-	-	-
Current Ratio	1,8	0,1	0,91	0,08
Quick Ratio	1,8	0,1	0,91	0,08
Equity Ratio	0,96	0,36	0,96	0,72
Gross Profit Margin	100 %	-	-	-