1904 EIENDOM AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

4,33 %

Current Ratio

4,73

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020
Revenue	572 000	461 000	109 000
Net Income	99 000	113 000	−20 000
Total Assets	6 781 000	6 565 000	4 971 000
Total Equity	2 287 000	1 837 000	1 374 000

Income (NOK)	2022	2021	2020
Revenue	572 000	461 000	109 000
Expenditure	241 000	194 000	98 000
Operating Profit	330 000	267 000	11 000
Financial Income	0	1 000	0
Financial Costs	200 000	123 000	36 000
Financial Balance	−200 000	−122 000	−36 000
Earnings Before Tax	131 000	145 000	−26 000
Tax	31 000	32 000	−6 000
Net Income	99 000	113 000	−20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 464 000	6 394 000	4 810 000
Total Current Assets	317 000	171 000	161 000
Total Assets	6 781 000	6 565 000	4 971 000
Total Retained Equity	192 000	93 000	−20 000
Total Equity	2 287 000	1 837 000	1 374 000
Total Long-Term Debt	4 428 000	4 658 000	3 592 000
Total Current Debt	67 000	70 000	5 000
Total Equity and Debt	6 781 000	6 565 000	4 971 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 000	20 000	0
Other Income	558 000	441 000	109 000
Revenue	572 000	461 000	109 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	241 000	194 000	98 000
Operating Profit	330 000	267 000	11 000
Financial Income	0	1 000	0
Financial Costs	200 000	123 000	36 000
Financial Balance	−200 000	−122 000	−36 000
Dividends	0	0	0
Net Income	99 000	113 000	−20 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	6 000
Real Eastate	6 464 000	6 394 000	4 805 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 464 000	6 394 000	4 805 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 464 000	6 394 000	4 810 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	294 000	150 000	146 000
Total Current Assets	317 000	171 000	161 000
Total Assets	6 781 000	6 565 000	4 971 000
Total Equity	2 287 000	1 837 000	1 374 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 428 000	4 658 000	3 592 000
Creditors	27 000	13 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	9 000	31 000	5 000
Total Current Debt	67 000	70 000	5 000
Total Equity and Debt	6 781 000	6 565 000	4 971 000

Financial indicators	2022	2021	2020
Return on Equity	4,33 %	6,15 %	−1,46 %
Debt-to-Equity Ratio	1,94	2,54	2,61
Operating Profit Margin	57,69 %	57,92 %	10,09 %
Current Ratio	4,73	2,44	32,2
Quick Ratio	4,73	2,44	32,2
Equity Ratio	0,34	0,28	0,28
Gross Profit Margin	100 %	100 %	100 %