UREM REAL ESTATE FUND I AS

0161 OSLO

Finances

Return on Equity

−4,32 %

Current Ratio

111,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−69 859 000	−22 248 000	−57 079 000	0
Total Assets	1 630 877 000	1 937 808 000	361 541 000	33 000
Total Equity	1 617 934 000	1 937 793 000	355 397 000	33 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	49 579 000	57 282 000	13 352 000
Operating Profit	−49 579 000	−57 282 000	−13 352 000
Financial Income	93 368 000	16 420 000	2 024 000
Financial Costs	113 648 000	−17 216 000	45 751 000
Financial Balance	−20 280 000	33 636 000	−43 727 000
Earnings Before Tax	−69 859 000	−23 646 000	−57 079 000
Tax	0	−1 399 000	0
Net Income	−69 859 000	−22 248 000	−57 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 546 000	74 647 000	248 494 000	0
Total Current Assets	1 445 331 000	1 863 161 000	113 047 000	33 000
Total Assets	1 630 877 000	1 937 808 000	361 541 000	33 000
Total Retained Equity	0	0	0	0
Total Equity	1 617 934 000	1 937 793 000	355 397 000	33 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 943 000	15 000	6 144 000	0
Total Equity and Debt	1 630 877 000	1 937 808 000	361 541 000	33 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	49 579 000	57 282 000	13 352 000
Operating Profit	−49 579 000	−57 282 000	−13 352 000
Financial Income	93 368 000	16 420 000	2 024 000
Financial Costs	113 648 000	−17 216 000	45 751 000
Financial Balance	−20 280 000	33 636 000	−43 727 000
Dividends	250 000 000	31 410 000	0
Net Income	−69 859 000	−22 248 000	−57 079 000

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	185 546 000	74 647 000	248 494 000	0
Total Fixed Assets	185 546 000	74 647 000	248 494 000	0
Stock	0	0	0	0
Total Investments	1 200 988 000	1 562 894 000	0	0
Cash, Bank	2 702 000	259 713 000	10 326 000	33 000
Total Current Assets	1 445 331 000	1 863 161 000	113 047 000	33 000
Total Assets	1 630 877 000	1 937 808 000	361 541 000	33 000
Total Equity	1 617 934 000	1 937 793 000	355 397 000	33 000
Short-Term Group Debt	12 845 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	97 000	15 000	27 000	0
Unpaid Taxes	0	0	0	0
Dividends	250 000 000	31 410 000	0	0
Other Current Debt	0	0	6 117 000	0
Total Current Debt	12 943 000	15 000	6 144 000	0
Total Equity and Debt	1 630 877 000	1 937 808 000	361 541 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,32 %	−1,15 %	−16,06 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	111,67	124 210,73	18,4	-
Quick Ratio	111,67	124 210,73	18,4	-
Equity Ratio	0,99	1	0,98	1
Gross Profit Margin	-	-	-	-