VATNE REAL ESTATE AS

0270 OSLO

Finances

Return on Equity

67 %

Current Ratio

3,4

Debt-to-Equity Ratio

−11,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 876 000	1 250 000	0	0
Net Income	−32 038 000	−13 030 000	−3 779 000	−1 000
Total Assets	487 924 000	503 586 000	175 235 000	30 000
Total Equity	−47 818 000	−15 779 000	−2 750 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 876 000	1 250 000	0	0
Expenditure	5 726 000	4 180 000	4 205 000	1 000
Operating Profit	−2 850 000	−2 930 000	−4 205 000	−1 000
Financial Income	18 764 000	16 206 000	1 229 000	0
Financial Costs	43 211 000	29 981 000	1 869 000	0
Financial Balance	−24 447 000	−13 775 000	−640 000	0
Earnings Before Tax	−27 297 000	−16 705 000	−4 845 000	−1 000
Tax	4 741 000	−3 675 000	−1 066 000	0
Net Income	−32 038 000	−13 030 000	−3 779 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	484 271 000	496 307 000	173 827 000	0
Total Current Assets	3 653 000	7 279 000	1 409 000	30 000
Total Assets	487 924 000	503 586 000	175 235 000	30 000
Total Retained Equity	−48 848 000	−16 809 000	−3 780 000	−1 000
Total Equity	−47 818 000	−15 779 000	−2 750 000	29 000
Total Long-Term Debt	534 668 000	518 779 000	173 216 000	0
Total Current Debt	1 074 000	587 000	4 769 000	1 000
Total Equity and Debt	487 924 000	503 586 000	175 235 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 876 000	1 250 000	0	0
Revenue	2 876 000	1 250 000	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	5 726 000	4 180 000	4 205 000	1 000
Operating Profit	−2 850 000	−2 930 000	−4 205 000	−1 000
Financial Income	18 764 000	16 206 000	1 229 000	0
Financial Costs	43 211 000	29 981 000	1 869 000	0
Financial Balance	−24 447 000	−13 775 000	−640 000	0
Dividends	0	0	0	0
Net Income	−32 038 000	−13 030 000	−3 779 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 741 000	1 066 000	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	484 271 000	491 566 000	172 760 000	0
Total Fixed Assets	484 271 000	496 307 000	173 827 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	2 345 000	974 000	0
Total Current Assets	3 653 000	7 279 000	1 409 000	30 000
Total Assets	487 924 000	503 586 000	175 235 000	30 000
Total Equity	−47 818 000	−15 779 000	−2 750 000	29 000
Short-Term Group Debt	0	0	0	1 000
Total Long-Term Debt	534 668 000	518 779 000	173 216 000	0
Creditors	86 000	27 000	31 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	987 000	560 000	4 738 000	0
Total Current Debt	1 074 000	587 000	4 769 000	1 000
Total Equity and Debt	487 924 000	503 586 000	175 235 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67 %	82,58 %	137,42 %	−3,45 %
Debt-to-Equity Ratio	−11,18	−32,88	−62,99	0
Operating Profit Margin	−99,1 %	−234,4 %	-	-
Current Ratio	3,4	12,4	0,3	30
Quick Ratio	3,4	12,4	0,3	30
Equity Ratio	−0,1	−0,03	−0,02	0,97
Gross Profit Margin	100 %	100 %	-	-