STIFTELSEN NARVIK ALPIN

8501 NARVIK

Finances

Share Ownership

Return on Equity

−22,4 %

Current Ratio

0,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 473 000	0	0	0
Net Income	−41 000	−11 000	−8 000	−34 000
Total Assets	269 000	516 000	250 000	251 000
Total Equity	183 000	223 000	152 000	160 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 473 000	0	0	0
Expenditure	2 508 000	11 000	8 000	34 000
Operating Profit	−35 000	−11 000	−8 000	−34 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Earnings Before Tax	−41 000	−11 000	−8 000	−34 000
Tax	0	0	0	0
Net Income	−41 000	−11 000	−8 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	250 000	250 000	250 000
Total Current Assets	19 000	266 000	0	1 000
Total Assets	269 000	516 000	250 000	251 000
Total Retained Equity	83 000	123 000	52 000	60 000
Total Equity	183 000	223 000	152 000	160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	86 000	292 000	98 000	91 000
Total Equity and Debt	269 000	516 000	250 000	251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	669 000	0	0	0
Other Income	1 804 000	0	0	0
Revenue	2 473 000	0	0	0
Cost of Goods Sold	13 000	0	0	0
Salary Costs	56 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 508 000	11 000	8 000	34 000
Operating Profit	−35 000	−11 000	−8 000	−34 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Dividends	0	0	0	0
Net Income	−41 000	−11 000	−8 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	250 000	250 000	250 000	250 000
Total Tangible Assets	250 000	250 000	250 000	250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	250 000	250 000	250 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	6 000	0	1 000
Total Current Assets	19 000	266 000	0	1 000
Total Assets	269 000	516 000	250 000	251 000
Total Equity	183 000	223 000	152 000	160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	250 000	59 000	63 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	72 000	42 000	39 000	28 000
Total Current Debt	86 000	292 000	98 000	91 000
Total Equity and Debt	269 000	516 000	250 000	251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,4 %	−4,93 %	−5,26 %	−21,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,42 %	-	-	-
Current Ratio	0,22	0,91	0	0,01
Quick Ratio	0,22	0,91	0	0,01
Equity Ratio	0,68	0,43	0,61	0,64
Gross Profit Margin	99,47 %	-	-	-