URSUS REAL ESTATE MANAGEMENT AS

0161 OSLO

Finances

Return on Equity

31,38 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 626 000	41 781 000	13 212 000	0
Net Income	8 340 000	22 892 000	4 353 000	−6 000
Total Assets	81 450 000	56 801 000	25 955 000	1 000 000
Total Equity	26 579 000	18 239 000	5 348 000	994 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 626 000	41 781 000	13 212 000	0
Expenditure	19 512 000	10 873 000	7 185 000	6 000
Operating Profit	11 114 000	30 909 000	6 027 000	−6 000
Financial Income	1 597 000	3 505 000	1 368 000	0
Financial Costs	2 064 000	3 856 000	1 588 000	0
Financial Balance	−467 000	−351 000	−220 000	0
Earnings Before Tax	10 647 000	30 558 000	5 807 000	−6 000
Tax	2 307 000	7 667 000	1 454 000	0
Net Income	8 340 000	22 892 000	4 353 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 963 000	39 913 000	8 268 000	0
Total Current Assets	51 487 000	16 887 000	17 687 000	1 000 000
Total Assets	81 450 000	56 801 000	25 955 000	1 000 000
Total Retained Equity	25 579 000	17 239 000	4 348 000	−6 000
Total Equity	26 579 000	18 239 000	5 348 000	994 000
Total Long-Term Debt	4 000	6 305 000	0	0
Total Current Debt	54 867 000	32 256 000	20 606 000	6 000
Total Equity and Debt	81 450 000	56 801 000	25 955 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	30 626 000	41 781 000	13 212 000	0
Revenue	30 626 000	41 781 000	13 212 000	0
Cost of Goods Sold	34 000	32 000	0	0
Salary Costs	16 207 000	8 135 000	3 680 000	0
Depreciation	188 000	27 000	5 000	0
Impairment	0	0	0	0
Expenditure	19 512 000	10 873 000	7 185 000	6 000
Operating Profit	11 114 000	30 909 000	6 027 000	−6 000
Financial Income	1 597 000	3 505 000	1 368 000	0
Financial Costs	2 064 000	3 856 000	1 588 000	0
Financial Balance	−467 000	−351 000	−220 000	0
Dividends	0	10 000 000	0	0
Net Income	8 340 000	22 892 000	4 353 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	802 000	161 000	16 000	0
Total Tangible Assets	825 000	161 000	16 000	0
Total Fiancial Fixed Assets	29 139 000	39 752 000	8 252 000	0
Total Fixed Assets	29 963 000	39 913 000	8 268 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	949 000	16 513 000	12 820 000	1 000 000
Total Current Assets	51 487 000	16 887 000	17 687 000	1 000 000
Total Assets	81 450 000	56 801 000	25 955 000	1 000 000
Total Equity	26 579 000	18 239 000	5 348 000	994 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	6 305 000	0	0
Creditors	43 000	13 000	437 000	6 000
Unpaid Taxes	1 669 000	489 000	492 000	0
Dividends	0	10 000 000	0	0
Other Current Debt	50 847 000	14 092 000	18 225 000	0
Total Current Debt	54 867 000	32 256 000	20 606 000	6 000
Total Equity and Debt	81 450 000	56 801 000	25 955 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,38 %	125,51 %	81,39 %	−0,6 %
Debt-to-Equity Ratio	0	0,35	0	0
Operating Profit Margin	36,29 %	73,98 %	45,62 %	-
Current Ratio	0,94	0,52	0,86	166,67
Quick Ratio	0,94	0,52	0,86	166,67
Equity Ratio	0,33	0,32	0,21	0,99
Gross Profit Margin	99,89 %	99,92 %	100 %	-