COTTAGE EIENDOM AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

0,27 %

Current Ratio

0,19

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020
Revenue	246 000	252 000	69 000
Net Income	2 000	58 000	−12 000
Total Assets	2 519 000	2 634 000	2 667 000
Total Equity	742 000	791 000	733 000

Income (NOK)	2022	2021	2020
Revenue	246 000	252 000	69 000
Expenditure	146 000	117 000	62 000
Operating Profit	101 000	135 000	7 000
Financial Income	20 000	20 000	5 000
Financial Costs	100 000	81 000	28 000
Financial Balance	−80 000	−61 000	−23 000
Earnings Before Tax	21 000	75 000	−16 000
Tax	19 000	16 000	−5 000
Net Income	2 000	58 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 492 000	2 562 000	2 123 000
Total Current Assets	27 000	72 000	544 000
Total Assets	2 519 000	2 634 000	2 667 000
Total Retained Equity	30 000	41 000	−12 000
Total Equity	742 000	791 000	733 000
Total Long-Term Debt	1 637 000	1 762 000	1 855 000
Total Current Debt	140 000	81 000	79 000
Total Equity and Debt	2 519 000	2 634 000	2 667 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	246 000	252 000	69 000
Revenue	246 000	252 000	69 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	86 000	86 000	21 000
Impairment	0	0	0
Expenditure	146 000	117 000	62 000
Operating Profit	101 000	135 000	7 000
Financial Income	20 000	20 000	5 000
Financial Costs	100 000	81 000	28 000
Financial Balance	−80 000	−61 000	−23 000
Dividends	0	0	0
Net Income	2 000	58 000	−12 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	5 000	5 000
Real Eastate	1 947 000	2 032 000	2 118 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 947 000	2 032 000	2 118 000
Total Fiancial Fixed Assets	545 000	525 000	0
Total Fixed Assets	2 492 000	2 562 000	2 123 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	0	12 000
Total Current Assets	27 000	72 000	544 000
Total Assets	2 519 000	2 634 000	2 667 000
Total Equity	742 000	791 000	733 000
Short-Term Group Debt	66 000	1 000	0
Total Long-Term Debt	1 637 000	1 762 000	1 855 000
Creditors	4 000	3 000	78 000
Unpaid Taxes	11 000	9 000	0
Dividends	0	0	0
Other Current Debt	0	1 000	1 000
Total Current Debt	140 000	81 000	79 000
Total Equity and Debt	2 519 000	2 634 000	2 667 000

Financial indicators	2022	2021	2020
Return on Equity	0,27 %	7,33 %	−1,64 %
Debt-to-Equity Ratio	2,21	2,23	2,53
Operating Profit Margin	41,06 %	53,57 %	10,14 %
Current Ratio	0,19	0,89	6,89
Quick Ratio	0,19	0,89	6,89
Equity Ratio	0,29	0,3	0,27
Gross Profit Margin	100 %	100 %	100 %