STAVANGER SMALL APARTMENTS CITY CENTER AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

33,16 %

Current Ratio

−14,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 212 000	3 178 000	4 147 000	3 702 000
Net Income	374 000	−449 000	693 000	481 000
Total Assets	1 054 000	847 000	1 545 000	872 000
Total Equity	1 128 000	754 000	1 203 000	511 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 212 000	3 178 000	4 147 000	3 702 000
Expenditure	2 963 000	3 622 000	3 246 000	3 080 000
Operating Profit	249 000	−445 000	900 000	622 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	17 000	6 000	1 000	3 000
Financial Balance	−16 000	−5 000	0	−3 000
Earnings Before Tax	233 000	−449 000	900 000	619 000
Tax	−140 000	0	207 000	138 000
Net Income	374 000	−449 000	693 000	481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	38 000	62 000	77 000
Total Current Assets	1 034 000	809 000	1 484 000	795 000
Total Assets	1 054 000	847 000	1 545 000	872 000
Total Retained Equity	1 098 000	724 000	1 173 000	481 000
Total Equity	1 128 000	754 000	1 203 000	511 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−73 000	93 000	342 000	361 000
Total Equity and Debt	1 054 000	847 000	1 545 000	872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 000	182 000	97 000	118 000
Other Income	3 122 000	2 996 000	4 050 000	3 584 000
Revenue	3 212 000	3 178 000	4 147 000	3 702 000
Cost of Goods Sold	0	0	0	0
Salary Costs	90 000	109 000	191 000	273 000
Depreciation	18 000	23 000	15 000	19 000
Impairment	0	0	0	0
Expenditure	2 963 000	3 622 000	3 246 000	3 080 000
Operating Profit	249 000	−445 000	900 000	622 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	17 000	6 000	1 000	3 000
Financial Balance	−16 000	−5 000	0	−3 000
Dividends	0	0	0	0
Net Income	374 000	−449 000	693 000	481 000

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	20 000	38 000	62 000	77 000
Total Tangible Assets	20 000	38 000	62 000	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	38 000	62 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	363 000	345 000	281 000	233 000
Total Current Assets	1 034 000	809 000	1 484 000	795 000
Total Assets	1 054 000	847 000	1 545 000	872 000
Total Equity	1 128 000	754 000	1 203 000	511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	36 000	65 000	46 000
Unpaid Taxes	40 000	50 000	18 000	35 000
Dividends	0	0	0	0
Other Current Debt	9 000	7 000	53 000	142 000
Total Current Debt	−73 000	93 000	342 000	361 000
Total Equity and Debt	1 054 000	847 000	1 545 000	872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,16 %	−59,55 %	57,61 %	94,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,75 %	−14 %	21,7 %	16,8 %
Current Ratio	−14,16	8,7	4,34	2,2
Quick Ratio	−14,16	8,7	4,34	2,2
Equity Ratio	1,07	0,89	0,78	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %