ØVRE KRONA II AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−4,87 %

Current Ratio

23,03

Debt-to-Equity Ratio

6,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	0	0	0
Net Income	−236 000	−564 000	−580 000	−117 000
Total Assets	35 076 000	27 997 000	12 426 000	7 127 000
Total Equity	4 850 000	4 850 000	4 850 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	0	0	0
Expenditure	148 000	681 000	566 000	151 000
Operating Profit	−31 000	−681 000	−566 000	−151 000
Financial Income	27 000	15 000	3 000	0
Financial Costs	232 000	57 000	17 000	0
Financial Balance	−205 000	−42 000	−14 000	0
Earnings Before Tax	−236 000	−723 000	−580 000	−151 000
Tax	0	−159 000	0	−34 000
Net Income	−236 000	−564 000	−580 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 871 000	24 136 000	9 221 000	6 954 000
Total Current Assets	5 205 000	3 861 000	3 205 000	173 000
Total Assets	35 076 000	27 997 000	12 426 000	7 127 000
Total Retained Equity	0	0	0	−122 000
Total Equity	4 850 000	4 850 000	4 850 000	50 000
Total Long-Term Debt	30 000 000	21 424 000	6 133 000	2 213 000
Total Current Debt	226 000	1 723 000	1 443 000	4 864 000
Total Equity and Debt	35 076 000	27 997 000	12 426 000	7 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	118 000	0	0	0
Revenue	118 000	0	0	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	148 000	681 000	566 000	151 000
Operating Profit	−31 000	−681 000	−566 000	−151 000
Financial Income	27 000	15 000	3 000	0
Financial Costs	232 000	57 000	17 000	0
Financial Balance	−205 000	−42 000	−14 000	0
Dividends	0	0	0	0
Net Income	−236 000	−564 000	−580 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 446 000	24 136 000	9 221 000	6 954 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 446 000	24 136 000	9 221 000	6 954 000
Total Fiancial Fixed Assets	425 000	0	0	0
Total Fixed Assets	29 871 000	24 136 000	9 221 000	6 954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 647 000	2 520 000	2 533 000	16 000
Total Current Assets	5 205 000	3 861 000	3 205 000	173 000
Total Assets	35 076 000	27 997 000	12 426 000	7 127 000
Total Equity	4 850 000	4 850 000	4 850 000	50 000
Short-Term Group Debt	72 000	75 000	75 000	4 864 000
Total Long-Term Debt	30 000 000	21 424 000	6 133 000	2 213 000
Creditors	74 000	1 648 000	1 368 000	0
Unpaid Taxes	3 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	78 000	0	0	0
Total Current Debt	226 000	1 723 000	1 443 000	4 864 000
Total Equity and Debt	35 076 000	27 997 000	12 426 000	7 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,87 %	−11,63 %	−11,96 %	−234 %
Debt-to-Equity Ratio	6,19	4,42	1,26	44,26
Operating Profit Margin	−26,27 %	-	-	-
Current Ratio	23,03	2,24	2,22	0,04
Quick Ratio	23,03	2,24	2,22	0,04
Equity Ratio	0,14	0,17	0,39	0,01
Gross Profit Margin	100 %	-	-	-