ISLANDSGATE BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

5,18 %

Current Ratio

5,4

Debt-to-Equity Ratio

−10,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	619 000	609 000	614 000	595 000
Net Income	−20 000	255 000	249 000	238 000
Total Assets	3 638 000	3 701 000	3 662 000	3 633 000
Total Equity	−386 000	−425 000	−665 000	−906 000

Income (NOK)	2022	2021	2020	2019
Revenue	619 000	609 000	614 000	595 000
Expenditure	569 000	309 000	306 000	281 000
Operating Profit	50 000	299 000	309 000	314 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	76 000	49 000	65 000	82 000
Financial Balance	−73 000	−49 000	−64 000	−80 000
Earnings Before Tax	54 000	304 000	313 000	318 000
Tax	0	0	0	0
Net Income	−20 000	255 000	249 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 357 000	3 357 000	3 357 000	3 357 000
Total Current Assets	281 000	344 000	305 000	276 000
Total Assets	3 638 000	3 701 000	3 662 000	3 633 000
Total Retained Equity	−387 000	−427 000	−666 000	−907 000
Total Equity	−386 000	−425 000	−665 000	−906 000
Total Long-Term Debt	3 971 000	4 067 000	4 283 000	4 498 000
Total Current Debt	52 000	0	0	5 000
Total Equity and Debt	3 638 000	3 701 000	3 662 000	3 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	619 000	609 000	614 000	595 000
Revenue	619 000	609 000	614 000	595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	9 000	9 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	569 000	309 000	306 000	281 000
Operating Profit	50 000	299 000	309 000	314 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	76 000	49 000	65 000	82 000
Financial Balance	−73 000	−49 000	−64 000	−80 000
Dividends	0	0	0	0
Net Income	−20 000	255 000	249 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 357 000	3 357 000	3 357 000	3 357 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 357 000	3 357 000	3 357 000	3 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 357 000	3 357 000	3 357 000	3 357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	290 000	253 000	221 000
Total Current Assets	281 000	344 000	305 000	276 000
Total Assets	3 638 000	3 701 000	3 662 000	3 633 000
Total Equity	−386 000	−425 000	−665 000	−906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 971 000	4 067 000	4 283 000	4 498 000
Creditors	52 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	5 000
Total Current Debt	52 000	0	0	5 000
Total Equity and Debt	3 638 000	3 701 000	3 662 000	3 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,18 %	−60 %	−37,44 %	−26,27 %
Debt-to-Equity Ratio	−10,29	−9,57	−6,44	−4,96
Operating Profit Margin	8,08 %	49,1 %	50,33 %	52,77 %
Current Ratio	5,4	-	-	55,2
Quick Ratio	5,4	-	-	55,2
Equity Ratio	−0,11	−0,11	−0,18	−0,25
Gross Profit Margin	100 %	100 %	100 %	100 %