TVERRVEGEN 38 AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

−1,76 %

Current Ratio

1,78

Debt-to-Equity Ratio

8,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 457 000	1 242 000	173 000	0
Net Income	−165 000	−72 000	−328 000	−209 000
Total Assets	87 770 000	72 700 000	29 275 000	8 782 000
Total Equity	9 387 000	9 552 000	9 398 000	2 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 457 000	1 242 000	173 000	0
Expenditure	2 218 000	763 000	225 000	39 000
Operating Profit	2 240 000	479 000	−52 000	−39 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	2 453 000	510 000	369 000	170 000
Financial Balance	−2 450 000	−507 000	−368 000	−170 000
Earnings Before Tax	−211 000	−28 000	−420 000	−209 000
Tax	−46 000	44 000	−92 000	0
Net Income	−165 000	−72 000	−328 000	−209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 728 000	71 648 000	25 503 000	8 768 000
Total Current Assets	3 043 000	1 052 000	3 772 000	14 000
Total Assets	87 770 000	72 700 000	29 275 000	8 782 000
Total Retained Equity	0	0	0	−352 000
Total Equity	9 387 000	9 552 000	9 398 000	2 748 000
Total Long-Term Debt	76 679 000	59 040 000	18 977 000	4 830 000
Total Current Debt	1 705 000	4 108 000	901 000	1 204 000
Total Equity and Debt	87 770 000	72 700 000	29 275 000	8 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 211 000	1 242 000	173 000	0
Other Income	246 000	0	0	0
Revenue	4 457 000	1 242 000	173 000	0
Cost of Goods Sold	0	0	153 000	0
Salary Costs	0	0	0	0
Depreciation	1 794 000	640 000	0	0
Impairment	0	0	0	0
Expenditure	2 218 000	763 000	225 000	39 000
Operating Profit	2 240 000	479 000	−52 000	−39 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	2 453 000	510 000	369 000	170 000
Financial Balance	−2 450 000	−507 000	−368 000	−170 000
Dividends	0	0	0	0
Net Income	−165 000	−72 000	−328 000	−209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	172 000	126 000	170 000	0
Real Eastate	84 556 000	71 522 000	25 333 000	8 768 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	84 556 000	71 522 000	25 333 000	8 768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 728 000	71 648 000	25 503 000	8 768 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 899 000	92 000	1 788 000	14 000
Total Current Assets	3 043 000	1 052 000	3 772 000	14 000
Total Assets	87 770 000	72 700 000	29 275 000	8 782 000
Total Equity	9 387 000	9 552 000	9 398 000	2 748 000
Short-Term Group Debt	0	0	0	1 141 000
Total Long-Term Debt	76 679 000	59 040 000	18 977 000	4 830 000
Creditors	860 000	4 044 000	76 000	57 000
Unpaid Taxes	291 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	554 000	65 000	825 000	5 000
Total Current Debt	1 705 000	4 108 000	901 000	1 204 000
Total Equity and Debt	87 770 000	72 700 000	29 275 000	8 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,76 %	−0,75 %	−3,49 %	−7,61 %
Debt-to-Equity Ratio	8,17	6,18	2,02	1,76
Operating Profit Margin	50,26 %	38,57 %	−30,06 %	-
Current Ratio	1,78	0,26	4,19	0,01
Quick Ratio	1,78	0,26	4,19	0,01
Equity Ratio	0,11	0,13	0,32	0,31
Gross Profit Margin	100 %	100 %	11,56 %	-