DRONNINGENS GATE 61 NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

46,19 %

Current Ratio

19,29

Debt-to-Equity Ratio

−16,9

Key figures (NOK)	2022	2021	2020
Revenue	109 000	80 000	38 000
Net Income	−188 000	−89 000	−150 000
Total Assets	6 480 000	6 293 000	6 305 000
Total Equity	−407 000	−219 000	−130 000

Income (NOK)	2022	2021	2020
Revenue	109 000	80 000	38 000
Expenditure	45 000	45 000	78 000
Operating Profit	65 000	35 000	−40 000
Financial Income	0	0	0
Financial Costs	306 000	149 000	155 000
Financial Balance	−306 000	−149 000	−155 000
Earnings Before Tax	−241 000	−115 000	−195 000
Tax	−53 000	−25 000	−45 000
Net Income	−188 000	−89 000	−150 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 345 000	6 222 000	6 196 000
Total Current Assets	135 000	72 000	109 000
Total Assets	6 480 000	6 293 000	6 305 000
Total Retained Equity	−437 000	−249 000	−160 000
Total Equity	−407 000	−219 000	−130 000
Total Long-Term Debt	6 880 000	6 504 000	6 355 000
Total Current Debt	7 000	8 000	80 000
Total Equity and Debt	6 480 000	6 293 000	6 305 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	109 000	80 000	38 000
Revenue	109 000	80 000	38 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	45 000	45 000	78 000
Operating Profit	65 000	35 000	−40 000
Financial Income	0	0	0
Financial Costs	306 000	149 000	155 000
Financial Balance	−306 000	−149 000	−155 000
Dividends	0	0	0
Net Income	−188 000	−89 000	−150 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	123 000	70 000	45 000
Real Eastate	6 221 000	6 151 000	6 151 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 221 000	6 151 000	6 151 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 345 000	6 222 000	6 196 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	129 000	72 000	74 000
Total Current Assets	135 000	72 000	109 000
Total Assets	6 480 000	6 293 000	6 305 000
Total Equity	−407 000	−219 000	−130 000
Short-Term Group Debt	0	0	69 000
Total Long-Term Debt	6 880 000	6 504 000	6 355 000
Creditors	2 000	4 000	4 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	4 000	4 000	7 000
Total Current Debt	7 000	8 000	80 000
Total Equity and Debt	6 480 000	6 293 000	6 305 000

Financial indicators	2022	2021	2020
Return on Equity	46,19 %	40,64 %	115,38 %
Debt-to-Equity Ratio	−16,9	−29,7	−48,88
Operating Profit Margin	59,63 %	43,75 %	−105,26 %
Current Ratio	19,29	9	1,36
Quick Ratio	19,29	9	1,36
Equity Ratio	−0,06	−0,03	−0,02
Gross Profit Margin	100 %	100 %	100 %