FORTIGO PROPERTIES AS

0161 OSLO

Finances

Return on Equity

13,6 %

Current Ratio

0,14

Debt-to-Equity Ratio

−5,86

Key figures (NOK)	2022	2021	2020
Revenue	3 096 000	5 157 000	4 262 000
Net Income	−1 079 000	−6 781 000	−163 000
Total Assets	42 643 000	44 162 000	5 506 000
Total Equity	−7 934 000	−6 855 000	−74 000

Income (NOK)	2022	2021	2020
Revenue	3 096 000	5 157 000	4 262 000
Expenditure	8 346 000	7 731 000	6 305 000
Operating Profit	−5 250 000	−2 574 000	−2 043 000
Financial Income	9 032 000	0	2 066 000
Financial Costs	4 861 000	3 595 000	798 000
Financial Balance	4 171 000	−3 595 000	1 268 000
Earnings Before Tax	−1 079 000	−6 170 000	−775 000
Tax	0	612 000	−612 000
Net Income	−1 079 000	−6 781 000	−163 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	42 088 000	42 332 000	736 000
Total Current Assets	555 000	1 830 000	4 770 000
Total Assets	42 643 000	44 162 000	5 506 000
Total Retained Equity	−8 024 000	−6 944 000	−163 000
Total Equity	−7 934 000	−6 855 000	−74 000
Total Long-Term Debt	46 502 000	45 590 000	0
Total Current Debt	4 075 000	5 427 000	5 580 000
Total Equity and Debt	42 643 000	44 162 000	5 506 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 096 000	5 157 000	4 262 000
Other Income	0	0	0
Revenue	3 096 000	5 157 000	4 262 000
Cost of Goods Sold	0	0	0
Salary Costs	5 566 000	5 173 000	5 030 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	8 346 000	7 731 000	6 305 000
Operating Profit	−5 250 000	−2 574 000	−2 043 000
Financial Income	9 032 000	0	2 066 000
Financial Costs	4 861 000	3 595 000	798 000
Financial Balance	4 171 000	−3 595 000	1 268 000
Dividends	0	0	0
Net Income	−1 079 000	−6 781 000	−163 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	612 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	42 088 000	42 332 000	124 000
Total Fixed Assets	42 088 000	42 332 000	736 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	243 000	284 000	4 735 000
Total Current Assets	555 000	1 830 000	4 770 000
Total Assets	42 643 000	44 162 000	5 506 000
Total Equity	−7 934 000	−6 855 000	−74 000
Short-Term Group Debt	0	3 820 000	0
Total Long-Term Debt	46 502 000	45 590 000	0
Creditors	305 000	62 000	201 000
Unpaid Taxes	431 000	497 000	1 608 000
Dividends	0	0	0
Other Current Debt	3 338 000	1 048 000	3 770 000
Total Current Debt	4 075 000	5 427 000	5 580 000
Total Equity and Debt	42 643 000	44 162 000	5 506 000

Financial indicators	2022	2021	2020
Return on Equity	13,6 %	98,92 %	220,27 %
Debt-to-Equity Ratio	−5,86	−6,65	−0
Operating Profit Margin	−169,57 %	−49,91 %	−47,94 %
Current Ratio	0,14	0,34	0,85
Quick Ratio	0,14	0,34	0,85
Equity Ratio	−0,19	−0,16	−0,01
Gross Profit Margin	100 %	100 %	100 %