DRONNINGENSGATE 39 AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−29,33 %

Current Ratio

191,8

Debt-to-Equity Ratio

19,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	698 000	414 000	0	0
Net Income	−259 000	−59 000	−104 000	−14 000
Total Assets	18 413 000	18 629 000	4 559 000	4 522 000
Total Equity	883 000	1 142 000	1 201 000	1 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	698 000	414 000	0	0
Expenditure	206 000	85 000	11 000	3 000
Operating Profit	491 000	329 000	−11 000	−3 000
Financial Income	0	0	0	0
Financial Costs	751 000	388 000	94 000	11 000
Financial Balance	−751 000	−388 000	−94 000	−11 000
Earnings Before Tax	−259 000	−59 000	−104 000	−14 000
Tax	0	0	0	0
Net Income	−259 000	−59 000	−104 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 413 000	18 629 000	4 559 000	4 522 000
Total Assets	18 413 000	18 629 000	4 559 000	4 522 000
Total Retained Equity	−437 000	−178 000	−119 000	−14 000
Total Equity	883 000	1 142 000	1 201 000	1 306 000
Total Long-Term Debt	17 434 000	15 400 000	3 355 000	2 900 000
Total Current Debt	96 000	2 087 000	3 000	316 000
Total Equity and Debt	18 413 000	18 629 000	4 559 000	4 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	698 000	414 000	0	0
Revenue	698 000	414 000	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	206 000	85 000	11 000	3 000
Operating Profit	491 000	329 000	−11 000	−3 000
Financial Income	0	0	0	0
Financial Costs	751 000	388 000	94 000	11 000
Financial Balance	−751 000	−388 000	−94 000	−11 000
Dividends	0	0	0	0
Net Income	−259 000	−59 000	−104 000	−14 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	17 893 000	17 893 000	4 536 000	4 436 000
Total Investments	0	0	0	0
Cash, Bank	520 000	724 000	23 000	86 000
Total Current Assets	18 413 000	18 629 000	4 559 000	4 522 000
Total Assets	18 413 000	18 629 000	4 559 000	4 522 000
Total Equity	883 000	1 142 000	1 201 000	1 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 434 000	15 400 000	3 355 000	2 900 000
Creditors	−4 000	4 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	100 000	2 084 000	0	316 000
Total Current Debt	96 000	2 087 000	3 000	316 000
Total Equity and Debt	18 413 000	18 629 000	4 559 000	4 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,33 %	−5,17 %	−8,66 %	−1,07 %
Debt-to-Equity Ratio	19,74	13,49	2,79	2,22
Operating Profit Margin	70,34 %	79,47 %	-	-
Current Ratio	191,8	8,93	1 519,67	14,31
Quick Ratio	−1,03	−1,18	−1,01	−1,1
Equity Ratio	0,05	0,06	0,26	0,29
Gross Profit Margin	100 %	100 %	-	-