KEY DEVELOPMENT AS

0252 OSLO

Finances

Share Ownership

Return on Equity

215,38 %

Current Ratio

−6,86

Debt-to-Equity Ratio

−83,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	576 000	96 000	0
Net Income	−56 000	390 000	−131 000	−83 000
Total Assets	2 150 000	2 237 000	2 158 000	2 109 000
Total Equity	−26 000	30 000	−184 000	−53 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	576 000	96 000	0
Expenditure	30 000	4 000	227 000	83 000
Operating Profit	66 000	572 000	−131 000	−83 000
Financial Income	1 000	0	0	0
Financial Costs	123 000	133 000	0	0
Financial Balance	−122 000	−133 000	0	0
Earnings Before Tax	−56 000	439 000	−131 000	−83 000
Tax	0	50 000	0	0
Net Income	−56 000	390 000	−131 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 102 000	2 102 000	2 102 000	2 102 000
Total Current Assets	48 000	135 000	56 000	7 000
Total Assets	2 150 000	2 237 000	2 158 000	2 109 000
Total Retained Equity	−60 000	−4 000	−218 000	−88 000
Total Equity	−26 000	30 000	−184 000	−53 000
Total Long-Term Debt	2 183 000	1 790 000	2 142 000	2 162 000
Total Current Debt	−7 000	417 000	392 000	0
Total Equity and Debt	2 150 000	2 237 000	2 350 000	2 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	0	0	0
Other Income	0	576 000	96 000	0
Revenue	96 000	576 000	96 000	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	30 000	4 000	227 000	83 000
Operating Profit	66 000	572 000	−131 000	−83 000
Financial Income	1 000	0	0	0
Financial Costs	123 000	133 000	0	0
Financial Balance	−122 000	−133 000	0	0
Dividends	0	0	0	0
Net Income	−56 000	390 000	−131 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 102 000	2 102 000	2 102 000	2 102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 102 000	2 102 000	2 102 000	2 102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 102 000	2 102 000	2 102 000	2 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	8 000	56 000	7 000
Total Current Assets	48 000	135 000	56 000	7 000
Total Assets	2 150 000	2 237 000	2 158 000	2 109 000
Total Equity	−26 000	30 000	−184 000	−53 000
Short-Term Group Debt	0	225 000	0	0
Total Long-Term Debt	2 183 000	1 790 000	2 142 000	2 162 000
Creditors	−7 000	0	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	192 000	192 000	0
Total Current Debt	−7 000	417 000	392 000	0
Total Equity and Debt	2 150 000	2 237 000	2 350 000	2 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	215,38 %	1 300 %	71,2 %	156,6 %
Debt-to-Equity Ratio	−83,96	59,67	−11,64	−40,79
Operating Profit Margin	68,75 %	99,31 %	−136,46 %	-
Current Ratio	−6,86	0,32	0,14	-
Quick Ratio	−6,86	0,32	0,14	-
Equity Ratio	−0,01	0,01	−0,09	−0,03
Gross Profit Margin	100 %	100 %	100 %	-