UNION CORE REAL ESTATE FUND HOLDING AS

0252 OSLO

Finances

Return on Equity

−20,74 %

Current Ratio

3,02

Debt-to-Equity Ratio

14,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−35 197 000	−12 532 000	12 402 000	−8 423 000
Total Assets	2 643 153 000	2 461 774 000	2 008 944 000	1 424 740 000
Total Equity	169 741 000	204 937 000	217 470 000	205 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 123 000	955 000	1 124 000	1 142 000
Operating Profit	−2 123 000	−955 000	−1 124 000	−1 142 000
Financial Income	79 417 000	62 588 000	62 494 000	40 722 000
Financial Costs	122 060 000	77 530 000	52 598 000	53 139 000
Financial Balance	−42 643 000	−14 942 000	9 896 000	−12 417 000
Earnings Before Tax	−44 766 000	−15 896 000	8 771 000	−13 559 000
Tax	−9 570 000	−3 364 000	−3 630 000	−5 137 000
Net Income	−35 197 000	−12 532 000	12 402 000	−8 423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 614 903 000	2 429 146 000	1 991 930 000	1 413 050 000
Total Current Assets	28 249 000	32 628 000	17 014 000	11 690 000
Total Assets	2 643 153 000	2 461 774 000	2 008 944 000	1 424 740 000
Total Retained Equity	−60 466 000	−25 269 000	−12 737 000	−25 138 000
Total Equity	169 741 000	204 937 000	217 470 000	205 068 000
Total Long-Term Debt	2 464 068 000	2 248 194 000	1 775 662 000	1 217 296 000
Total Current Debt	9 344 000	8 643 000	15 812 000	2 376 000
Total Equity and Debt	2 643 153 000	2 461 774 000	2 008 944 000	1 424 740 000

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	2 123 000	955 000	1 124 000	1 142 000
Operating Profit	−2 123 000	−955 000	−1 124 000	−1 142 000
Financial Income	79 417 000	62 588 000	62 494 000	40 722 000
Financial Costs	122 060 000	77 530 000	52 598 000	53 139 000
Financial Balance	−42 643 000	−14 942 000	9 896 000	−12 417 000
Dividends	0	0	0	0
Net Income	−35 197 000	−12 532 000	12 402 000	−8 423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 208 000	11 639 000	8 275 000	4 645 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 593 695 000	2 417 507 000	1 983 655 000	1 408 405 000
Total Fixed Assets	2 614 903 000	2 429 146 000	1 991 930 000	1 413 050 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	872 000	3 808 000	1 745 000	4 194 000
Total Current Assets	28 249 000	32 628 000	17 014 000	11 690 000
Total Assets	2 643 153 000	2 461 774 000	2 008 944 000	1 424 740 000
Total Equity	169 741 000	204 937 000	217 470 000	205 068 000
Short-Term Group Debt	8 500 000	7 500 000	12 506 000	0
Total Long-Term Debt	2 464 068 000	2 248 194 000	1 775 662 000	1 217 296 000
Creditors	844 000	13 000	1 608 000	43 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 130 000	1 699 000	2 333 000
Total Current Debt	9 344 000	8 643 000	15 812 000	2 376 000
Total Equity and Debt	2 643 153 000	2 461 774 000	2 008 944 000	1 424 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,74 %	−6,12 %	5,7 %	−4,11 %
Debt-to-Equity Ratio	14,52	10,97	8,17	5,94
Operating Profit Margin	-	-	-	-
Current Ratio	3,02	3,78	1,08	4,92
Quick Ratio	3,02	3,78	1,08	4,92
Equity Ratio	0,06	0,08	0,11	0,14
Gross Profit Margin	-	-	-	-