DRONNINGENSGT 47 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

6,14 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	563 000	318 000	258 000	331 000
Net Income	38 000	13 000	−27 000	−20 000
Total Assets	1 581 000	1 722 000	1 853 000	1 943 000
Total Equity	619 000	633 000	636 000	664 000

Income (NOK)	2022	2021	2020	2019
Revenue	563 000	318 000	258 000	331 000
Expenditure	503 000	301 000	287 000	325 000
Operating Profit	60 000	17 000	−28 000	6 000
Financial Income	36 000	36 000	36 000	36 000
Financial Costs	47 000	36 000	42 000	67 000
Financial Balance	−11 000	0	−6 000	−31 000
Earnings Before Tax	49 000	17 000	−35 000	−25 000
Tax	11 000	4 000	−8 000	−6 000
Net Income	38 000	13 000	−27 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 570 000	1 712 000	1 844 000	1 931 000
Total Current Assets	10 000	10 000	9 000	12 000
Total Assets	1 581 000	1 722 000	1 853 000	1 943 000
Total Retained Equity	519 000	533 000	536 000	564 000
Total Equity	619 000	633 000	636 000	664 000
Total Long-Term Debt	947 000	1 083 000	1 216 000	1 277 000
Total Current Debt	15 000	6 000	1 000	2 000
Total Equity and Debt	1 581 000	1 722 000	1 853 000	1 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	563 000	318 000	258 000	331 000
Revenue	563 000	318 000	258 000	331 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	−2 000	24 000
Impairment	0	0	0	0
Expenditure	503 000	301 000	287 000	325 000
Operating Profit	60 000	17 000	−28 000	6 000
Financial Income	36 000	36 000	36 000	36 000
Financial Costs	47 000	36 000	42 000	67 000
Financial Balance	−11 000	0	−6 000	−31 000
Dividends	0	0	0	0
Net Income	38 000	13 000	−27 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	29 000	29 000	21 000
Real Eastate	250 000	250 000	250 000	248 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	250 000	250 000	250 000	248 000
Total Fiancial Fixed Assets	1 287 000	1 432 000	1 565 000	1 662 000
Total Fixed Assets	1 570 000	1 712 000	1 844 000	1 931 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	3 000
Total Current Assets	10 000	10 000	9 000	12 000
Total Assets	1 581 000	1 722 000	1 853 000	1 943 000
Total Equity	619 000	633 000	636 000	664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	947 000	1 083 000	1 216 000	1 277 000
Creditors	1 000	0	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	6 000	0	0
Total Current Debt	15 000	6 000	1 000	2 000
Total Equity and Debt	1 581 000	1 722 000	1 853 000	1 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,14 %	2,05 %	−4,25 %	−3,01 %
Debt-to-Equity Ratio	1,53	1,71	1,91	1,92
Operating Profit Margin	10,66 %	5,35 %	−10,85 %	1,81 %
Current Ratio	0,67	1,67	9	6
Quick Ratio	0,67	1,67	9	6
Equity Ratio	0,39	0,37	0,34	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %