NORWAY BUSINESS CENTRE NO 17 AS

0164 OSLO

Finances

Share Ownership

Return on Equity

1 017,92 %

Current Ratio

0,53

Debt-to-Equity Ratio

−25,11

Key figures (NOK)	2021	2020	2019	2018
Revenue	25 237 000	15 278 000	0	0
Net Income	−5 395 000	−14 204 000	−15 048 000	−693 000
Total Assets	18 086 000	24 562 000	17 257 000	1 000
Total Equity	−530 000	4 865 000	−15 711 000	−663 000

Income (NOK)	2021	2020	2019	2018
Revenue	25 237 000	15 278 000	0	0
Expenditure	30 588 000	29 290 000	14 775 000	690 000
Operating Profit	−5 351 000	−14 013 000	−14 776 000	−690 000
Financial Income	0	0	0	0
Financial Costs	43 000	192 000	273 000	4 000
Financial Balance	−43 000	−192 000	−273 000	−4 000
Earnings Before Tax	−5 395 000	−14 204 000	−15 048 000	−693 000
Tax	0	0	0	0
Net Income	−5 395 000	−14 204 000	−15 048 000	−693 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 256 000	18 694 000	16 046 000	0
Total Current Assets	2 830 000	5 868 000	1 211 000	1 000
Total Assets	18 086 000	24 562 000	17 257 000	1 000
Total Retained Equity	−35 340 000	−29 946 000	−15 741 000	−693 000
Total Equity	−530 000	4 865 000	−15 711 000	−663 000
Total Long-Term Debt	13 310 000	14 370 000	25 592 000	356 000
Total Current Debt	5 306 000	5 327 000	7 376 000	308 000
Total Equity and Debt	18 086 000	24 562 000	17 257 000	1 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	25 237 000	15 278 000	0	0
Revenue	25 237 000	15 278 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 203 000	1 144 000	472 000	0
Impairment	0	0	0	0
Expenditure	30 588 000	29 290 000	14 775 000	690 000
Operating Profit	−5 351 000	−14 013 000	−14 776 000	−690 000
Financial Income	0	0	0	0
Financial Costs	43 000	192 000	273 000	4 000
Financial Balance	−43 000	−192 000	−273 000	−4 000
Dividends	0	0	0	0
Net Income	−5 395 000	−14 204 000	−15 048 000	−693 000

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	9 128 000	10 264 000	16 046 000	0
Total Tangible Assets	9 128 000	10 264 000	16 046 000	0
Total Fiancial Fixed Assets	6 128 000	8 430 000	0	0
Total Fixed Assets	15 256 000	18 694 000	16 046 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 830 000	5 868 000	1 211 000	1 000
Total Assets	18 086 000	24 562 000	17 257 000	1 000
Total Equity	−530 000	4 865 000	−15 711 000	−663 000
Short-Term Group Debt	0	0	5 133 000	0
Total Long-Term Debt	13 310 000	14 370 000	25 592 000	356 000
Creditors	2 083 000	2 158 000	686 000	308 000
Unpaid Taxes	0	0	33 000	0
Dividends	0	0	0	0
Other Current Debt	3 223 000	3 169 000	1 524 000	0
Total Current Debt	5 306 000	5 327 000	7 376 000	308 000
Total Equity and Debt	18 086 000	24 562 000	17 257 000	1 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1 017,92 %	−291,96 %	95,78 %	104,52 %
Debt-to-Equity Ratio	−25,11	2,95	−1,63	−0,54
Operating Profit Margin	−21,2 %	−91,72 %	-	-
Current Ratio	0,53	1,1	0,16	0
Quick Ratio	0,53	1,1	0,16	0
Equity Ratio	−0,03	0,2	−0,91	−663
Gross Profit Margin	100 %	100 %	-	-