GONDOLIN AS

0286 OSLO

Finances

Return on Equity

1 029,45 %

Current Ratio

2,35

Debt-to-Equity Ratio

503,96

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 878 000	1 035 000	0	0
Net Income	3 181 000	−9 120 000	−16 205 000	−988 000
Total Assets	161 797 000	129 689 000	110 076 000	1 617 000
Total Equity	309 000	−3 172 000	5 908 000	−973 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 878 000	1 035 000	0	0
Expenditure	7 112 000	11 210 000	11 615 000	988 000
Operating Profit	−3 234 000	−10 174 000	−11 615 000	−988 000
Financial Income	23 903 000	3 919 000	0	0
Financial Costs	17 488 000	2 865 000	4 591 000	0
Financial Balance	6 415 000	1 054 000	−4 591 000	0
Earnings Before Tax	3 181 000	−9 120 000	−16 205 000	−988 000
Tax	0	0	0	0
Net Income	3 181 000	−9 120 000	−16 205 000	−988 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	148 232 000	122 045 000	109 950 000	430 000
Total Current Assets	13 565 000	7 645 000	126 000	1 187 000
Total Assets	161 797 000	129 689 000	110 076 000	1 617 000
Total Retained Equity	292 000	−3 189 000	−17 193 000	−988 000
Total Equity	309 000	−3 172 000	5 908 000	−973 000
Total Long-Term Debt	155 724 000	120 149 000	95 219 000	691 000
Total Current Debt	5 764 000	12 713 000	8 948 000	1 899 000
Total Equity and Debt	161 797 000	129 689 000	110 076 000	1 617 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	1 035 000	0	0
Other Income	3 878 000	0	0	0
Revenue	3 878 000	1 035 000	0	0
Cost of Goods Sold	2 445 000	914 000	0	0
Salary Costs	2 118 000	4 253 000	6 931 000	811 000
Depreciation	210 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 112 000	11 210 000	11 615 000	988 000
Operating Profit	−3 234 000	−10 174 000	−11 615 000	−988 000
Financial Income	23 903 000	3 919 000	0	0
Financial Costs	17 488 000	2 865 000	4 591 000	0
Financial Balance	6 415 000	1 054 000	−4 591 000	0
Dividends	0	0	0	0
Net Income	3 181 000	−9 120 000	−16 205 000	−988 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 308 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	0	0	0
Total Tangible Assets	11 417 000	0	0	0
Total Fiancial Fixed Assets	136 815 000	122 045 000	109 950 000	430 000
Total Fixed Assets	148 232 000	122 045 000	109 950 000	430 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	221 000	3 646 000	123 000	1 187 000
Total Current Assets	13 565 000	7 645 000	126 000	1 187 000
Total Assets	161 797 000	129 689 000	110 076 000	1 617 000
Total Equity	309 000	−3 172 000	5 908 000	−973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	155 724 000	120 149 000	95 219 000	691 000
Creditors	2 978 000	3 981 000	859 000	32 000
Unpaid Taxes	379 000	600 000	688 000	0
Dividends	0	0	0	0
Other Current Debt	2 407 000	8 132 000	7 401 000	1 867 000
Total Current Debt	5 764 000	12 713 000	8 948 000	1 899 000
Total Equity and Debt	161 797 000	129 689 000	110 076 000	1 617 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1 029,45 %	287,52 %	−274,29 %	101,54 %
Debt-to-Equity Ratio	503,96	−37,88	16,12	−0,71
Operating Profit Margin	−83,39 %	−983 %	-	-
Current Ratio	2,35	0,6	0,01	0,63
Quick Ratio	2,35	0,6	0,01	0,63
Equity Ratio	0	−0,02	0,05	−0,6
Gross Profit Margin	36,95 %	11,69 %	-	-