ENGE EIENDOM AS

6687 VALSØYFJORD

Finances

Share Ownership

Return on Equity

−36,2 %

Current Ratio

18,13

Debt-to-Equity Ratio

4,35

Key figures (NOK)	2021	2020	2019
Revenue	1 011 000	741 000	55 000
Net Income	−559 000	−254 000	−58 000
Total Assets	8 330 000	8 664 000	7 797 000
Total Equity	1 544 000	2 103 000	2 357 000

Income (NOK)	2021	2020	2019
Revenue	1 011 000	741 000	55 000
Expenditure	1 530 000	918 000	114 000
Operating Profit	−519 000	−178 000	−59 000
Financial Income	0	6 000	0
Financial Costs	197 000	153 000	15 000
Financial Balance	−197 000	−147 000	−15 000
Earnings Before Tax	−716 000	−324 000	−74 000
Tax	−158 000	−69 000	−16 000
Net Income	−559 000	−254 000	−58 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	7 043 000	7 446 000	5 186 000
Total Current Assets	1 287 000	1 218 000	2 611 000
Total Assets	8 330 000	8 664 000	7 797 000
Total Retained Equity	−871 000	−312 000	−58 000
Total Equity	1 544 000	2 103 000	2 357 000
Total Long-Term Debt	6 716 000	6 544 000	5 440 000
Total Current Debt	71 000	18 000	0
Total Equity and Debt	8 330 000	8 664 000	7 797 000

Cash flow (NOK)	2021	2020	2019
Sales Income	15 000	100 000	0
Other Income	996 000	641 000	55 000
Revenue	1 011 000	741 000	55 000
Cost of Goods Sold	0	100 000	0
Salary Costs	0	0	0
Depreciation	638 000	482 000	54 000
Impairment	0	0	0
Expenditure	1 530 000	918 000	114 000
Operating Profit	−519 000	−178 000	−59 000
Financial Income	0	6 000	0
Financial Costs	197 000	153 000	15 000
Financial Balance	−197 000	−147 000	−15 000
Dividends	0	0	0
Net Income	−559 000	−254 000	−58 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	126 000	0	0
Real Eastate	4 657 000	4 957 000	3 343 000
Machinery and Plant Facilities	0	0	0
Fixtures	2 230 000	2 489 000	1 843 000
Total Tangible Assets	6 887 000	7 446 000	5 186 000
Total Fiancial Fixed Assets	30 000	0	0
Total Fixed Assets	7 043 000	7 446 000	5 186 000
Stock	0	0	500 000
Total Investments	0	0	0
Cash, Bank	88 000	265 000	1 000 000
Total Current Assets	1 287 000	1 218 000	2 611 000
Total Assets	8 330 000	8 664 000	7 797 000
Total Equity	1 544 000	2 103 000	2 357 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 716 000	6 544 000	5 440 000
Creditors	115 000	13 000	0
Unpaid Taxes	7 000	22 000	0
Dividends	0	0	0
Other Current Debt	−51 000	−17 000	0
Total Current Debt	71 000	18 000	0
Total Equity and Debt	8 330 000	8 664 000	7 797 000

Financial indicators	2021	2020	2019
Return on Equity	−36,2 %	−12,08 %	−2,46 %
Debt-to-Equity Ratio	4,35	3,11	2,31
Operating Profit Margin	−51,34 %	−24,02 %	−107,27 %
Current Ratio	18,13	67,67	-
Quick Ratio	18,13	67,67	−5,22
Equity Ratio	0,19	0,24	0,3
Gross Profit Margin	100 %	86,5 %	100 %