HOUSE BY THE SEA AS

8770 TRÆNA

Finances

Return on Equity

30,86 %

Current Ratio

0,53

Debt-to-Equity Ratio

39,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	726 000	507 000	143 000	45 000
Net Income	75 000	87 000	22 000	34 000
Total Assets	9 859 000	9 970 000	2 470 000	608 000
Total Equity	243 000	168 000	81 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	726 000	507 000	143 000	45 000
Expenditure	467 000	328 000	95 000	0
Operating Profit	259 000	178 000	48 000	45 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	164 000	69 000	20 000	2 000
Financial Balance	−163 000	−66 000	−19 000	−2 000
Earnings Before Tax	96 000	112 000	28 000	42 000
Tax	21 000	25 000	6 000	8 000
Net Income	75 000	87 000	22 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 819 000	9 436 000	2 382 000	476 000
Total Current Assets	40 000	534 000	89 000	132 000
Total Assets	9 859 000	9 970 000	2 470 000	608 000
Total Retained Equity	219 000	144 000	56 000	34 000
Total Equity	243 000	168 000	81 000	59 000
Total Long-Term Debt	9 541 000	9 263 000	2 262 000	541 000
Total Current Debt	75 000	539 000	127 000	8 000
Total Equity and Debt	9 859 000	9 970 000	2 470 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	726 000	507 000	143 000	45 000
Other Income	0	0	0	0
Revenue	726 000	507 000	143 000	45 000
Cost of Goods Sold	111 000	14 000	0	0
Salary Costs	4 000	9 000	50 000	0
Depreciation	107 000	22 000	0	0
Impairment	0	0	0	0
Expenditure	467 000	328 000	95 000	0
Operating Profit	259 000	178 000	48 000	45 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	164 000	69 000	20 000	2 000
Financial Balance	−163 000	−66 000	−19 000	−2 000
Dividends	0	0	0	0
Net Income	75 000	87 000	22 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 425 000	8 997 000	2 357 000	476 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	319 000	364 000	0	0
Total Tangible Assets	9 744 000	9 361 000	2 357 000	476 000
Total Fiancial Fixed Assets	75 000	75 000	25 000	0
Total Fixed Assets	9 819 000	9 436 000	2 382 000	476 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	54 000	15 000	132 000
Total Current Assets	40 000	534 000	89 000	132 000
Total Assets	9 859 000	9 970 000	2 470 000	608 000
Total Equity	243 000	168 000	81 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 541 000	9 263 000	2 262 000	541 000
Creditors	11 000	417 000	71 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	65 000	110 000	50 000	0
Total Current Debt	75 000	539 000	127 000	8 000
Total Equity and Debt	9 859 000	9 970 000	2 470 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,86 %	51,79 %	27,16 %	57,63 %
Debt-to-Equity Ratio	39,26	55,14	27,93	9,17
Operating Profit Margin	35,67 %	35,11 %	33,57 %	100 %
Current Ratio	0,53	0,99	0,7	16,5
Quick Ratio	0,53	0,99	0,7	16,5
Equity Ratio	0,02	0,02	0,03	0,1
Gross Profit Margin	84,71 %	97,24 %	100 %	100 %