DRONNINGENSGATE 22 AS

0581 OSLO

Finances

Share Ownership

Return on Equity

265,12 %

Current Ratio

0,59

Debt-to-Equity Ratio

−50,05

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 221 000	226 000	0	0
Net Income	−859 000	−726 000	−740 000	−306 000
Total Assets	16 560 000	16 491 000	15 106 000	14 141 000
Total Equity	−324 000	535 000	1 261 000	246 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 221 000	226 000	0	0
Expenditure	1 600 000	1 161 000	461 000	126 000
Operating Profit	−378 000	−935 000	−461 000	−126 000
Financial Income	24 000	24 000	0	0
Financial Costs	643 000	23 000	488 000	267 000
Financial Balance	−619 000	1 000	−488 000	−267 000
Earnings Before Tax	−998 000	−934 000	−949 000	−392 000
Tax	−139 000	−208 000	−209 000	−86 000
Net Income	−859 000	−726 000	−740 000	−306 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	16 165 000	16 429 000	15 106 000	14 080 000
Total Current Assets	394 000	62 000	0	61 000
Total Assets	16 560 000	16 491 000	15 106 000	14 141 000
Total Retained Equity	−354 000	0	0	0
Total Equity	−324 000	535 000	1 261 000	246 000
Total Long-Term Debt	16 215 000	15 956 000	347 000	13 660 000
Total Current Debt	669 000	0	13 497 000	235 000
Total Equity and Debt	16 560 000	16 491 000	15 106 000	14 141 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 221 000	226 000	0	0
Other Income	0	0	0	0
Revenue	1 221 000	226 000	0	0
Cost of Goods Sold	0	605 000	0	0
Salary Costs	0	0	0	0
Depreciation	409 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 600 000	1 161 000	461 000	126 000
Operating Profit	−378 000	−935 000	−461 000	−126 000
Financial Income	24 000	24 000	0	0
Financial Costs	643 000	23 000	488 000	267 000
Financial Balance	−619 000	1 000	−488 000	−267 000
Dividends	0	0	0	0
Net Income	−859 000	−726 000	−740 000	−306 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 067 000	15 527 000	15 106 000	14 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	901 000	0	0
Total Tangible Assets	16 067 000	16 429 000	15 106 000	14 080 000
Total Fiancial Fixed Assets	98 000	0	0	0
Total Fixed Assets	16 165 000	16 429 000	15 106 000	14 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	0	0	61 000
Total Current Assets	394 000	62 000	0	61 000
Total Assets	16 560 000	16 491 000	15 106 000	14 141 000
Total Equity	−324 000	535 000	1 261 000	246 000
Short-Term Group Debt	0	0	4 964 000	0
Total Long-Term Debt	16 215 000	15 956 000	347 000	13 660 000
Creditors	441 000	0	71 000	216 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	228 000	0	26 000	19 000
Total Current Debt	669 000	0	13 497 000	235 000
Total Equity and Debt	16 560 000	16 491 000	15 106 000	14 141 000

Financial indicators	2021	2020	2019	2018
Return on Equity	265,12 %	−135,7 %	−58,68 %	−124,39 %
Debt-to-Equity Ratio	−50,05	29,82	0,28	55,53
Operating Profit Margin	−30,96 %	−413,72 %	-	-
Current Ratio	0,59	-	0	0,26
Quick Ratio	0,59	-	0	0,26
Equity Ratio	−0,02	0,03	0,08	0,02
Gross Profit Margin	100 %	−167,7 %	-	-