ISLANDSGATE 12 AS

0157 OSLO

Finances

Share Ownership

Return on Equity

36,6 %

Current Ratio

2,71

Debt-to-Equity Ratio

4,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 548 000	2 389 000	2 408 000	2 321 000
Net Income	1 294 000	1 304 000	1 011 000	1 038 000
Total Assets	18 676 000	21 084 000	24 067 000	23 373 000
Total Equity	3 536 000	5 242 000	6 938 000	5 927 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 548 000	2 389 000	2 408 000	2 321 000
Expenditure	550 000	486 000	846 000	680 000
Operating Profit	1 997 000	1 903 000	1 562 000	1 641 000
Financial Income	233 000	234 000	266 000	266 000
Financial Costs	571 000	465 000	512 000	576 000
Financial Balance	−338 000	−231 000	−246 000	−310 000
Earnings Before Tax	1 660 000	1 672 000	1 316 000	1 331 000
Tax	367 000	368 000	305 000	293 000
Net Income	1 294 000	1 304 000	1 011 000	1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 977 000	19 823 000	22 664 000	22 473 000
Total Current Assets	1 699 000	1 261 000	1 402 000	901 000
Total Assets	18 676 000	21 084 000	24 067 000	23 373 000
Total Retained Equity	1 669 000	3 375 000	5 071 000	4 060 000
Total Equity	3 536 000	5 242 000	6 938 000	5 927 000
Total Long-Term Debt	14 512 000	15 359 000	16 412 000	17 065 000
Total Current Debt	628 000	483 000	716 000	381 000
Total Equity and Debt	18 676 000	21 084 000	24 067 000	23 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 548 000	2 389 000	2 408 000	2 321 000
Revenue	2 548 000	2 389 000	2 408 000	2 321 000
Cost of Goods Sold	0	0	0	0
Salary Costs	124 000	92 000	176 000	0
Depreciation	66 000	66 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	550 000	486 000	846 000	680 000
Operating Profit	1 997 000	1 903 000	1 562 000	1 641 000
Financial Income	233 000	234 000	266 000	266 000
Financial Costs	571 000	465 000	512 000	576 000
Financial Balance	−338 000	−231 000	−246 000	−310 000
Dividends	3 000 000	3 000 000	0	0
Net Income	1 294 000	1 304 000	1 011 000	1 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 974 000	12 040 000	12 106 000	12 173 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 974 000	12 040 000	12 106 000	12 173 000
Total Fiancial Fixed Assets	5 003 000	7 783 000	10 558 000	10 300 000
Total Fixed Assets	16 977 000	19 823 000	22 664 000	22 473 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 628 000	1 208 000	1 278 000	761 000
Total Current Assets	1 699 000	1 261 000	1 402 000	901 000
Total Assets	18 676 000	21 084 000	24 067 000	23 373 000
Total Equity	3 536 000	5 242 000	6 938 000	5 927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 512 000	15 359 000	16 412 000	17 065 000
Creditors	12 000	9 000	10 000	0
Unpaid Taxes	0	1 000	39 000	0
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	235 000	91 000	335 000	89 000
Total Current Debt	628 000	483 000	716 000	381 000
Total Equity and Debt	18 676 000	21 084 000	24 067 000	23 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,6 %	24,88 %	14,57 %	17,51 %
Debt-to-Equity Ratio	4,1	2,93	2,37	2,88
Operating Profit Margin	78,38 %	79,66 %	64,87 %	70,7 %
Current Ratio	2,71	2,61	1,96	2,36
Quick Ratio	2,71	2,61	1,96	2,36
Equity Ratio	0,19	0,25	0,29	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %