CENTRUM APARTMENTS AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

90,59 %

Current Ratio

1,93

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 993 000	5 990 000	5 963 000	878 000
Net Income	568 000	24 000	4 000	20 000
Total Assets	4 305 000	2 835 000	1 942 000	318 000
Total Equity	627 000	71 000	48 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 993 000	5 990 000	5 963 000	878 000
Expenditure	6 275 000	5 966 000	5 957 000	853 000
Operating Profit	718 000	24 000	5 000	25 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	717 000	23 000	5 000	25 000
Tax	149 000	0	1 000	6 000
Net Income	568 000	24 000	4 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−36 000	−118 000	−100 000	−4 000
Total Current Assets	4 341 000	2 953 000	2 042 000	321 000
Total Assets	4 305 000	2 835 000	1 942 000	318 000
Total Retained Equity	603 000	47 000	23 000	20 000
Total Equity	627 000	71 000	48 000	44 000
Total Long-Term Debt	1 425 000	1 344 000	61 000	−12 000
Total Current Debt	2 253 000	1 419 000	1 834 000	286 000
Total Equity and Debt	4 305 000	2 835 000	1 942 000	318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 352 000	2 820 000	4 649 000	494 000
Other Income	5 641 000	3 170 000	1 314 000	385 000
Revenue	6 993 000	5 990 000	5 963 000	878 000
Cost of Goods Sold	0	26 000	0	2 000
Salary Costs	1 926 000	765 000	729 000	124 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 275 000	5 966 000	5 957 000	853 000
Operating Profit	718 000	24 000	5 000	25 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	568 000	24 000	4 000	20 000

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	−36 000	−118 000	−100 000	−4 000
Total Fixed Assets	−36 000	−118 000	−100 000	−4 000
Stock	0	0	0	0
Total Investments	0	164 000	60 000	0
Cash, Bank	307 000	419 000	410 000	56 000
Total Current Assets	4 341 000	2 953 000	2 042 000	321 000
Total Assets	4 305 000	2 835 000	1 942 000	318 000
Total Equity	627 000	71 000	48 000	44 000
Short-Term Group Debt	333 000	413 000	0	0
Total Long-Term Debt	1 425 000	1 344 000	61 000	−12 000
Creditors	949 000	854 000	1 573 000	224 000
Unpaid Taxes	518 000	−14 000	160 000	25 000
Dividends	0	0	0	0
Other Current Debt	178 000	165 000	101 000	32 000
Total Current Debt	2 253 000	1 419 000	1 834 000	286 000
Total Equity and Debt	4 305 000	2 835 000	1 942 000	318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,59 %	33,8 %	8,33 %	45,45 %
Debt-to-Equity Ratio	2,27	18,93	1,27	−0,27
Operating Profit Margin	10,27 %	0,4 %	0,08 %	2,85 %
Current Ratio	1,93	2,08	1,11	1,12
Quick Ratio	1,93	2,08	1,11	1,12
Equity Ratio	0,15	0,03	0,02	0,14
Gross Profit Margin	100 %	99,57 %	100 %	99,77 %