A. GOWART-OLSENS LEGAT

4005 STAVANGER

Finances

Return on Equity

−8,04 %

Current Ratio

5,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	228 000
Net Income	−125 000	580 000	−123 000	192 000
Total Assets	1 579 000	1 762 000	1 268 000	1 533 000
Total Equity	1 554 000	1 737 000	1 243 000	1 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	228 000
Expenditure	47 000	42 000	31 000	35 000
Operating Profit	−46 000	−42 000	−31 000	192 000
Financial Income	72 000	622 000	31 000	0
Financial Costs	151 000	0	122 000	0
Financial Balance	−79 000	622 000	−91 000	0
Earnings Before Tax	−125 000	580 000	−123 000	192 000
Tax	0	0	0	0
Net Income	−125 000	580 000	−123 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 445 000	1 596 000	1 077 000	0
Total Current Assets	135 000	166 000	191 000	1 533 000
Total Assets	1 579 000	1 762 000	1 268 000	1 533 000
Total Retained Equity	441 000	623 000	129 000	391 000
Total Equity	1 554 000	1 737 000	1 243 000	1 505 000
Total Long-Term Debt	0	0	0	28 000
Total Current Debt	25 000	25 000	25 000	0
Total Equity and Debt	1 579 000	1 762 000	1 268 000	1 533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	228 000
Revenue	0	0	0	228 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	17 000	17 000	20 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	47 000	42 000	31 000	35 000
Operating Profit	−46 000	−42 000	−31 000	192 000
Financial Income	72 000	622 000	31 000	0
Financial Costs	151 000	0	122 000	0
Financial Balance	−79 000	622 000	−91 000	0
Dividends	0	0	0	0
Net Income	−125 000	580 000	−123 000	192 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 445 000	1 596 000	1 077 000	0
Total Fixed Assets	1 445 000	1 596 000	1 077 000	0
Stock	0	0	0	0
Total Investments	0	0	0	1 370 000
Cash, Bank	135 000	166 000	191 000	163 000
Total Current Assets	135 000	166 000	191 000	1 533 000
Total Assets	1 579 000	1 762 000	1 268 000	1 533 000
Total Equity	1 554 000	1 737 000	1 243 000	1 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	28 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	25 000	25 000	0
Total Current Debt	25 000	25 000	25 000	0
Total Equity and Debt	1 579 000	1 762 000	1 268 000	1 533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,04 %	33,39 %	−9,9 %	12,76 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	-	-	-	84,21 %
Current Ratio	5,4	6,64	7,64	-
Quick Ratio	5,4	6,64	7,64	-
Equity Ratio	0,98	0,99	0,98	0,98
Gross Profit Margin	-	-	-	100 %