ENGELSEN EIENDOM AS

5411 STORD

Finances

Return on Equity

−73,46 %

Current Ratio

14,09

Debt-to-Equity Ratio

6,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 173 000	4 240 000	3 623 000	3 205 000
Net Income	−1 849 000	1 004 000	1 062 000	596 000
Total Assets	19 023 000	25 374 000	13 944 000	19 905 000
Total Equity	2 517 000	3 565 000	2 789 000	4 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 173 000	4 240 000	3 623 000	3 205 000
Expenditure	1 651 000	2 832 000	2 090 000	2 185 000
Operating Profit	523 000	1 409 000	1 535 000	1 020 000
Financial Income	237 000	179 000	58 000	75 000
Financial Costs	2 566 000	301 000	231 000	330 000
Financial Balance	−2 329 000	−122 000	−173 000	−255 000
Earnings Before Tax	−1 806 000	1 287 000	1 362 000	765 000
Tax	43 000	283 000	300 000	169 000
Net Income	−1 849 000	1 004 000	1 062 000	596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 186 000	17 375 000	10 582 000	14 908 000
Total Current Assets	9 836 000	7 999 000	3 362 000	4 997 000
Total Assets	19 023 000	25 374 000	13 944 000	19 905 000
Total Retained Equity	1 201 000	3 049 000	2 273 000	3 571 000
Total Equity	2 517 000	3 565 000	2 789 000	4 087 000
Total Long-Term Debt	15 808 000	16 725 000	7 736 000	9 193 000
Total Current Debt	698 000	5 084 000	3 419 000	6 625 000
Total Equity and Debt	19 023 000	25 374 000	13 944 000	19 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 173 000	4 240 000	3 623 000	3 205 000
Revenue	2 173 000	4 240 000	3 623 000	3 205 000
Cost of Goods Sold	28 000	1 427 000	909 000	685 000
Salary Costs	29 000	29 000	29 000	29 000
Depreciation	357 000	383 000	453 000	552 000
Impairment	0	0	0	0
Expenditure	1 651 000	2 832 000	2 090 000	2 185 000
Operating Profit	523 000	1 409 000	1 535 000	1 020 000
Financial Income	237 000	179 000	58 000	75 000
Financial Costs	2 566 000	301 000	231 000	330 000
Financial Balance	−2 329 000	−122 000	−173 000	−255 000
Dividends	0	0	2 360 000	0
Net Income	−1 849 000	1 004 000	1 062 000	596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 853 000	7 202 000	10 405 000	14 777 000
Machinery and Plant Facilities	34 000	0	0	0
Fixtures	350 000	224 000	177 000	132 000
Total Tangible Assets	7 237 000	7 426 000	10 582 000	14 908 000
Total Fiancial Fixed Assets	1 949 000	9 949 000	0	0
Total Fixed Assets	9 186 000	17 375 000	10 582 000	14 908 000
Stock	3 000 000	3 000 000	1 259 000	1 738 000
Total Investments	0	0	0	0
Cash, Bank	5 757 000	2 738 000	1 586 000	2 125 000
Total Current Assets	9 836 000	7 999 000	3 362 000	4 997 000
Total Assets	19 023 000	25 374 000	13 944 000	19 905 000
Total Equity	2 517 000	3 565 000	2 789 000	4 087 000
Short-Term Group Debt	36 000	4 339 000	82 000	6 043 000
Total Long-Term Debt	15 808 000	16 725 000	7 736 000	9 193 000
Creditors	480 000	522 000	234 000	315 000
Unpaid Taxes	4 000	120 000	4 000	4 000
Dividends	0	0	2 360 000	0
Other Current Debt	69 000	51 000	314 000	81 000
Total Current Debt	698 000	5 084 000	3 419 000	6 625 000
Total Equity and Debt	19 023 000	25 374 000	13 944 000	19 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,46 %	28,16 %	38,08 %	14,58 %
Debt-to-Equity Ratio	6,28	4,69	2,77	2,25
Operating Profit Margin	24,07 %	33,23 %	42,37 %	31,83 %
Current Ratio	14,09	1,57	0,98	0,75
Quick Ratio	−4,27	3,84	1,56	1,02
Equity Ratio	0,13	0,14	0,2	0,21
Gross Profit Margin	98,71 %	66,34 %	74,91 %	78,63 %