BL ØVREGATA 3 AL

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−5,62 %

Current Ratio

16,17

Debt-to-Equity Ratio

−1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	425 000	1 137 000	416 000	385 000
Net Income	115 000	385 000	−2 934 000	193 000
Total Assets	703 000	710 000	1 210 000	4 314 000
Total Equity	−2 048 000	−2 162 000	−2 547 000	387 000

Income (NOK)	2022	2021	2020	2019
Revenue	425 000	1 137 000	416 000	385 000
Expenditure	235 000	688 000	3 268 000	159 000
Operating Profit	190 000	449 000	−2 851 000	227 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	76 000	64 000	84 000	36 000
Financial Balance	−75 000	−64 000	−82 000	−34 000
Earnings Before Tax	115 000	385 000	−2 934 000	193 000
Tax	0	0	0	0
Net Income	115 000	385 000	−2 934 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	226 000	226 000	226 000
Total Current Assets	469 000	484 000	984 000	4 088 000
Total Assets	703 000	710 000	1 210 000	4 314 000
Total Retained Equity	−2 048 000	−2 163 000	−2 548 000	386 000
Total Equity	−2 048 000	−2 162 000	−2 547 000	387 000
Total Long-Term Debt	2 721 000	2 844 000	3 725 000	3 894 000
Total Current Debt	29 000	29 000	32 000	33 000
Total Equity and Debt	703 000	710 000	1 210 000	4 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	425 000	1 137 000	416 000	385 000
Revenue	425 000	1 137 000	416 000	385 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	6 000	6 000	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	235 000	688 000	3 268 000	159 000
Operating Profit	190 000	449 000	−2 851 000	227 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	76 000	64 000	84 000	36 000
Financial Balance	−75 000	−64 000	−82 000	−34 000
Dividends	0	0	0	0
Net Income	115 000	385 000	−2 934 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	226 000	226 000	226 000	226 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	226 000	226 000	226 000	226 000
Total Fiancial Fixed Assets	8 000	0	0	0
Total Fixed Assets	233 000	226 000	226 000	226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	460 000	473 000	974 000	4 079 000
Total Current Assets	469 000	484 000	984 000	4 088 000
Total Assets	703 000	710 000	1 210 000	4 314 000
Total Equity	−2 048 000	−2 162 000	−2 547 000	387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 721 000	2 844 000	3 725 000	3 894 000
Creditors	12 000	0	5 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	29 000	29 000	32 000	33 000
Total Equity and Debt	703 000	710 000	1 210 000	4 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,62 %	−17,81 %	115,19 %	49,87 %
Debt-to-Equity Ratio	−1,33	−1,32	−1,46	10,06
Operating Profit Margin	44,71 %	39,49 %	−685,34 %	58,96 %
Current Ratio	16,17	16,69	30,75	123,88
Quick Ratio	16,17	16,69	30,75	123,88
Equity Ratio	−2,91	−3,05	−2,1	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %