KONGENS GATE 14 EIENDOM AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

107,69 %

Current Ratio

0,29

Debt-to-Equity Ratio

−129,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 000	228 000	147 000	0
Net Income	−28 000	−8 000	−62 000	−19 000
Total Assets	3 503 000	3 517 000	3 598 000	3 178 000
Total Equity	−26 000	2 000	10 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 000	228 000	147 000	0
Expenditure	220 000	153 000	151 000	11 000
Operating Profit	68 000	75 000	−3 000	−11 000
Financial Income	0	0	0	0
Financial Costs	105 000	86 000	77 000	17 000
Financial Balance	−105 000	−86 000	−77 000	−17 000
Earnings Before Tax	−37 000	−11 000	−80 000	−28 000
Tax	−9 000	−2 000	−18 000	−8 000
Net Income	−28 000	−8 000	−62 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 456 000	3 460 000	3 536 000	2 472 000
Total Current Assets	47 000	57 000	62 000	706 000
Total Assets	3 503 000	3 517 000	3 598 000	3 178 000
Total Retained Equity	−118 000	−90 000	−82 000	−19 000
Total Equity	−26 000	2 000	10 000	72 000
Total Long-Term Debt	3 368 000	3 415 000	3 448 000	1 600 000
Total Current Debt	161 000	101 000	140 000	1 506 000
Total Equity and Debt	3 503 000	3 517 000	3 598 000	3 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	288 000	228 000	147 000	0
Revenue	288 000	228 000	147 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	83 000	78 000	60 000	6 000
Impairment	0	0	0	0
Expenditure	220 000	153 000	151 000	11 000
Operating Profit	68 000	75 000	−3 000	−11 000
Financial Income	0	0	0	0
Financial Costs	105 000	86 000	77 000	17 000
Financial Balance	−105 000	−86 000	−77 000	−17 000
Dividends	0	0	0	0
Net Income	−28 000	−8 000	−62 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	28 000	26 000	8 000
Real Eastate	3 378 000	3 432 000	3 510 000	2 463 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	0	0	0
Total Tangible Assets	3 419 000	3 432 000	3 510 000	2 463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 456 000	3 460 000	3 536 000	2 472 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	57 000	62 000	658 000
Total Current Assets	47 000	57 000	62 000	706 000
Total Assets	3 503 000	3 517 000	3 598 000	3 178 000
Total Equity	−26 000	2 000	10 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 368 000	3 415 000	3 448 000	1 600 000
Creditors	60 000	55 000	80 000	2 000
Unpaid Taxes	10 000	12 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	91 000	33 000	51 000	1 504 000
Total Current Debt	161 000	101 000	140 000	1 506 000
Total Equity and Debt	3 503 000	3 517 000	3 598 000	3 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,69 %	−400 %	−620 %	−26,39 %
Debt-to-Equity Ratio	−129,54	1 707,5	344,8	22,22
Operating Profit Margin	23,61 %	32,89 %	−2,04 %	-
Current Ratio	0,29	0,56	0,44	0,47
Quick Ratio	0,29	0,56	0,44	0,47
Equity Ratio	−0,01	0	0	0,02
Gross Profit Margin	100 %	100 %	100 %	-