STARK NORWAY PROPCO AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

292,21 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	14 000 000	9 347 000	3 503 000
Net Income	8 027 000	4 491 000	1 815 000
Total Assets	41 155 000	45 601 000	51 695 000
Total Equity	2 747 000	2 920 000	3 428 000

Income (NOK)	2022	2021	2020
Revenue	14 000 000	9 347 000	3 503 000
Expenditure	2 982 000	3 229 000	1 177 000
Operating Profit	11 018 000	6 118 000	2 327 000
Financial Income	0	0	0
Financial Costs	727 000	360 000	0
Financial Balance	−727 000	−360 000	0
Earnings Before Tax	10 291 000	5 758 000	2 327 000
Tax	2 264 000	1 267 000	512 000
Net Income	8 027 000	4 491 000	1 815 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	38 170 000	42 672 000	45 379 000
Total Current Assets	2 985 000	2 929 000	6 316 000
Total Assets	41 155 000	45 601 000	51 695 000
Total Retained Equity	0	0	0
Total Equity	2 747 000	2 920 000	3 428 000
Total Long-Term Debt	0	0	0
Total Current Debt	38 407 000	42 681 000	48 266 000
Total Equity and Debt	41 155 000	45 601 000	51 695 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 376 000	9 347 000	3 503 000
Other Income	4 624 000	0	0
Revenue	14 000 000	9 347 000	3 503 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	2 907 000	3 110 000	1 175 000
Impairment	0	0	0
Expenditure	2 982 000	3 229 000	1 177 000
Operating Profit	11 018 000	6 118 000	2 327 000
Financial Income	0	0	0
Financial Costs	727 000	360 000	0
Financial Balance	−727 000	−360 000	0
Dividends	8 200 000	5 000 000	45 000 000
Net Income	8 027 000	4 491 000	1 815 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	289 000	727 000	324 000
Real Eastate	37 882 000	41 945 000	45 055 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	37 882 000	41 945 000	45 055 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	38 170 000	42 672 000	45 379 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	3 396 000
Total Current Assets	2 985 000	2 929 000	6 316 000
Total Assets	41 155 000	45 601 000	51 695 000
Total Equity	2 747 000	2 920 000	3 428 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	91 000	83 000	0
Unpaid Taxes	592 000	586 000	1 263 000
Dividends	8 200 000	5 000 000	45 000 000
Other Current Debt	26 479 000	34 891 000	1 551 000
Total Current Debt	38 407 000	42 681 000	48 266 000
Total Equity and Debt	41 155 000	45 601 000	51 695 000

Financial indicators	2022	2021	2020
Return on Equity	292,21 %	153,8 %	52,95 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	78,7 %	65,45 %	66,43 %
Current Ratio	0,08	0,07	0,13
Quick Ratio	0,08	0,07	0,13
Equity Ratio	0,07	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %