ÅRØSETERVEGEN 5 DA

6415 MOLDE

Finances

Share Ownership

Return on Equity

−11,25 %

Current Ratio

2,3

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 099 000	2 201 000	1 639 000	1 725 000
Net Income	971 000	1 210 000	734 000	516 000
Total Assets	1 403 000	2 504 000	2 035 000	3 823 000
Total Equity	−8 631 000	−8 202 000	−9 412 000	−8 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 099 000	2 201 000	1 639 000	1 725 000
Expenditure	730 000	705 000	555 000	818 000
Operating Profit	1 369 000	1 497 000	1 084 000	908 000
Financial Income	0	0	0	17 000
Financial Costs	398 000	287 000	351 000	410 000
Financial Balance	−398 000	−287 000	−351 000	−393 000
Earnings Before Tax	971 000	1 210 000	734 000	516 000
Tax	0	0	0	0
Net Income	971 000	1 210 000	734 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	880 000	833 000	870 000	908 000
Total Current Assets	523 000	1 671 000	1 165 000	2 915 000
Total Assets	1 403 000	2 504 000	2 035 000	3 823 000
Total Retained Equity	−8 371 000	−7 942 000	−9 152 000	−7 887 000
Total Equity	−8 631 000	−8 202 000	−9 412 000	−8 147 000
Total Long-Term Debt	9 807 000	10 496 000	11 184 000	11 700 000
Total Current Debt	227 000	211 000	264 000	269 000
Total Equity and Debt	1 403 000	2 504 000	2 035 000	3 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 099 000	2 201 000	1 639 000	1 725 000
Revenue	2 099 000	2 201 000	1 639 000	1 725 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	35 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	730 000	705 000	555 000	818 000
Operating Profit	1 369 000	1 497 000	1 084 000	908 000
Financial Income	0	0	0	17 000
Financial Costs	398 000	287 000	351 000	410 000
Financial Balance	−398 000	−287 000	−351 000	−393 000
Dividends	0	0	0	0
Net Income	971 000	1 210 000	734 000	516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	880 000	831 000	864 000	898 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	6 000	10 000
Total Tangible Assets	880 000	833 000	870 000	908 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	880 000	833 000	870 000	908 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	387 000	1 524 000	1 024 000	2 781 000
Total Current Assets	523 000	1 671 000	1 165 000	2 915 000
Total Assets	1 403 000	2 504 000	2 035 000	3 823 000
Total Equity	−8 631 000	−8 202 000	−9 412 000	−8 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 807 000	10 496 000	11 184 000	11 700 000
Creditors	103 000	120 000	201 000	201 000
Unpaid Taxes	75 000	68 000	42 000	36 000
Dividends	0	0	0	0
Other Current Debt	49 000	23 000	21 000	32 000
Total Current Debt	227 000	211 000	264 000	269 000
Total Equity and Debt	1 403 000	2 504 000	2 035 000	3 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,25 %	−14,75 %	−7,8 %	−6,33 %
Debt-to-Equity Ratio	−1,14	−1,28	−1,19	−1,44
Operating Profit Margin	65,22 %	68,01 %	66,14 %	52,64 %
Current Ratio	2,3	7,92	4,41	10,84
Quick Ratio	2,3	7,92	4,41	10,84
Equity Ratio	−6,15	−3,28	−4,63	−2,13
Gross Profit Margin	100 %	100 %	100 %	100 %