A DEVELOPMENT AS

7015 TRONDHEIM

Finances

Return on Equity

93,78 %

Current Ratio

1,61

Debt-to-Equity Ratio

4,98

Key figures (NOK)	2022	2021	2020
Revenue	414 000	6 659 000	11 500 000
Net Income	1 960 000	867 000	1 303 000
Total Assets	16 070 000	3 106 000	1 761 000
Total Equity	2 090 000	1 110 000	681 000

Income (NOK)	2022	2021	2020
Revenue	414 000	6 659 000	11 500 000
Expenditure	1 521 000	5 515 000	9 669 000
Operating Profit	−1 108 000	1 145 000	1 831 000
Financial Income	3 444 000	0	0
Financial Costs	377 000	22 000	161 000
Financial Balance	3 067 000	−22 000	−161 000
Earnings Before Tax	1 960 000	1 123 000	1 670 000
Tax	0	256 000	367 000
Net Income	1 960 000	867 000	1 303 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 319 000	30 000	0
Total Current Assets	5 751 000	3 076 000	1 761 000
Total Assets	16 070 000	3 106 000	1 761 000
Total Retained Equity	2 060 000	1 080 000	651 000
Total Equity	2 090 000	1 110 000	681 000
Total Long-Term Debt	10 400 000	0	0
Total Current Debt	3 579 000	1 995 000	1 080 000
Total Equity and Debt	16 070 000	3 106 000	1 761 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	6 659 000	11 500 000
Other Income	414 000	0	0
Revenue	414 000	6 659 000	11 500 000
Cost of Goods Sold	0	5 448 000	9 645 000
Salary Costs	2 000	0	0
Depreciation	23 000	0	0
Impairment	0	0	0
Expenditure	1 521 000	5 515 000	9 669 000
Operating Profit	−1 108 000	1 145 000	1 831 000
Financial Income	3 444 000	0	0
Financial Costs	377 000	22 000	161 000
Financial Balance	3 067 000	−22 000	−161 000
Dividends	980 000	438 000	651 000
Net Income	1 960 000	867 000	1 303 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	10 172 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	117 000	0	0
Total Tangible Assets	10 289 000	0	0
Total Fiancial Fixed Assets	30 000	30 000	0
Total Fixed Assets	10 319 000	30 000	0
Stock	51 000	59 000	0
Total Investments	0	0	0
Cash, Bank	1 772 000	66 000	1 753 000
Total Current Assets	5 751 000	3 076 000	1 761 000
Total Assets	16 070 000	3 106 000	1 761 000
Total Equity	2 090 000	1 110 000	681 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 400 000	0	0
Creditors	111 000	0	61 000
Unpaid Taxes	0	0	0
Dividends	980 000	438 000	651 000
Other Current Debt	2 488 000	1 301 000	682 000
Total Current Debt	3 579 000	1 995 000	1 080 000
Total Equity and Debt	16 070 000	3 106 000	1 761 000

Financial indicators	2022	2021	2020
Return on Equity	93,78 %	78,11 %	191,34 %
Debt-to-Equity Ratio	4,98	0	0
Operating Profit Margin	−267,63 %	17,19 %	15,92 %
Current Ratio	1,61	1,54	1,63
Quick Ratio	1,63	1,59	1,63
Equity Ratio	0,13	0,36	0,39
Gross Profit Margin	100 %	18,19 %	16,13 %