BASALT AS

1397 NESØYA

Finances

Return on Equity

67,18 %

Current Ratio

0,45

Debt-to-Equity Ratio

−37,56

Key figures (NOK)	2022	2021	2020
Revenue	787 000	52 000	0
Net Income	−833 000	−414 000	−23 000
Total Assets	45 560 000	17 022 000	7 192 000
Total Equity	−1 240 000	−407 000	7 000

Income (NOK)	2022	2021	2020
Revenue	787 000	52 000	0
Expenditure	563 000	115 000	6 000
Operating Profit	223 000	−63 000	−6 000
Financial Income	0	0	0
Financial Costs	1 414 000	351 000	17 000
Financial Balance	−1 414 000	−351 000	−17 000
Earnings Before Tax	−1 191 000	−414 000	−23 000
Tax	−358 000	0	0
Net Income	−833 000	−414 000	−23 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	45 457 000	16 888 000	7 189 000
Total Current Assets	103 000	134 000	3 000
Total Assets	45 560 000	17 022 000	7 192 000
Total Retained Equity	−1 270 000	−437 000	−23 000
Total Equity	−1 240 000	−407 000	7 000
Total Long-Term Debt	46 569 000	17 225 000	7 075 000
Total Current Debt	231 000	204 000	110 000
Total Equity and Debt	45 560 000	17 022 000	7 192 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	787 000	52 000	0
Revenue	787 000	52 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	563 000	115 000	6 000
Operating Profit	223 000	−63 000	−6 000
Financial Income	0	0	0
Financial Costs	1 414 000	351 000	17 000
Financial Balance	−1 414 000	−351 000	−17 000
Dividends	0	0	0
Net Income	−833 000	−414 000	−23 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	358 000	0	0
Real Eastate	44 309 000	16 023 000	7 074 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	44 309 000	16 023 000	7 074 000
Total Fiancial Fixed Assets	790 000	865 000	115 000
Total Fixed Assets	45 457 000	16 888 000	7 189 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	70 000	133 000	3 000
Total Current Assets	103 000	134 000	3 000
Total Assets	45 560 000	17 022 000	7 192 000
Total Equity	−1 240 000	−407 000	7 000
Short-Term Group Debt	263 000	163 000	100 000
Total Long-Term Debt	46 569 000	17 225 000	7 075 000
Creditors	−32 000	17 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	24 000	10 000
Total Current Debt	231 000	204 000	110 000
Total Equity and Debt	45 560 000	17 022 000	7 192 000

Financial indicators	2022	2021	2020
Return on Equity	67,18 %	101,72 %	−328,57 %
Debt-to-Equity Ratio	−37,56	−42,32	1 010,71
Operating Profit Margin	28,34 %	−121,15 %	-
Current Ratio	0,45	0,66	0,03
Quick Ratio	0,45	0,66	0,03
Equity Ratio	−0,03	−0,02	0
Gross Profit Margin	100 %	100 %	-