UREF III SPONSOR AS

0252 OSLO

Finances

Return on Equity

−3,25 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 000	0	1 346 000	0
Net Income	−759 000	−8 505 000	80 000	−412 000
Total Assets	27 262 000	19 693 000	18 812 000	4 730 000
Total Equity	23 384 000	14 343 000	18 797 000	4 618 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 000	0	1 346 000	0
Expenditure	51 000	8 455 000	1 281 000	417 000
Operating Profit	18 000	−8 455 000	65 000	−417 000
Financial Income	8 000	456 000	15 000	4 000
Financial Costs	785 000	505 000	0	0
Financial Balance	−777 000	−49 000	15 000	4 000
Earnings Before Tax	−759 000	−8 505 000	80 000	−412 000
Tax	0	0	0	0
Net Income	−759 000	−8 505 000	80 000	−412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 829 000	18 395 000	18 535 000	30 000
Total Current Assets	433 000	1 297 000	278 000	4 700 000
Total Assets	27 262 000	19 693 000	18 812 000	4 730 000
Total Retained Equity	−759 000	0	80 000	0
Total Equity	23 384 000	14 343 000	18 797 000	4 618 000
Total Long-Term Debt	3 565 000	5 316 000	0	0
Total Current Debt	313 000	34 000	15 000	112 000
Total Equity and Debt	27 262 000	19 693 000	18 812 000	4 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	69 000	0	1 346 000	0
Revenue	69 000	0	1 346 000	0
Cost of Goods Sold	0	8 323 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	51 000	8 455 000	1 281 000	417 000
Operating Profit	18 000	−8 455 000	65 000	−417 000
Financial Income	8 000	456 000	15 000	4 000
Financial Costs	785 000	505 000	0	0
Financial Balance	−777 000	−49 000	15 000	4 000
Dividends	0	6 250 000	0	0
Net Income	−759 000	−8 505 000	80 000	−412 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	26 829 000	18 395 000	18 535 000	30 000
Total Fixed Assets	26 829 000	18 395 000	18 535 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	0	259 000	4 698 000
Total Current Assets	433 000	1 297 000	278 000	4 700 000
Total Assets	27 262 000	19 693 000	18 812 000	4 730 000
Total Equity	23 384 000	14 343 000	18 797 000	4 618 000
Short-Term Group Debt	243 000	0	0	0
Total Long-Term Debt	3 565 000	5 316 000	0	0
Creditors	6 000	4 000	15 000	82 000
Unpaid Taxes	0	0	0	0
Dividends	0	6 250 000	0	0
Other Current Debt	63 000	30 000	0	30 000
Total Current Debt	313 000	34 000	15 000	112 000
Total Equity and Debt	27 262 000	19 693 000	18 812 000	4 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,25 %	−59,3 %	0,43 %	−8,92 %
Debt-to-Equity Ratio	0,15	0,37	0	0
Operating Profit Margin	26,09 %	-	4,83 %	-
Current Ratio	1,38	38,15	18,53	41,96
Quick Ratio	1,38	38,15	18,53	41,96
Equity Ratio	0,86	0,73	1	0,98
Gross Profit Margin	100 %	-	100 %	-