CHOICE EIENDOM AS

1396 BILLINGSTAD

Finances

Return on Equity

−9,92 %

Current Ratio

13,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	0	932 000	1 391 000
Net Income	−1 550 000	−1 998 000	3 063 000	4 026 000
Total Assets	16 716 000	17 814 000	19 737 000	17 263 000
Total Equity	15 620 000	17 171 000	19 169 000	16 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	0	932 000	1 391 000
Expenditure	1 599 000	2 037 000	2 101 000	2 153 000
Operating Profit	−1 559 000	−2 036 000	−1 169 000	−762 000
Financial Income	23 000	42 000	4 254 000	4 803 000
Financial Costs	14 000	4 000	22 000	35 000
Financial Balance	9 000	38 000	4 232 000	4 768 000
Earnings Before Tax	−1 550 000	−1 998 000	3 063 000	4 006 000
Tax	0	0	0	−20 000
Net Income	−1 550 000	−1 998 000	3 063 000	4 026 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 512 000	1 508 000	1 584 000	1 906 000
Total Current Assets	14 204 000	16 307 000	18 153 000	15 357 000
Total Assets	16 716 000	17 814 000	19 737 000	17 263 000
Total Retained Equity	15 120 000	16 671 000	18 669 000	15 606 000
Total Equity	15 620 000	17 171 000	19 169 000	16 106 000
Total Long-Term Debt	10 000	10 000	10 000	10 000
Total Current Debt	1 085 000	634 000	558 000	1 147 000
Total Equity and Debt	16 716 000	17 814 000	19 737 000	17 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	932 000	1 391 000
Other Income	40 000	0	0	0
Revenue	40 000	0	932 000	1 391 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	802 000	1 166 000	1 246 000	1 423 000
Depreciation	420 000	357 000	344 000	166 000
Impairment	0	0	0	0
Expenditure	1 599 000	2 037 000	2 101 000	2 153 000
Operating Profit	−1 559 000	−2 036 000	−1 169 000	−762 000
Financial Income	23 000	42 000	4 254 000	4 803 000
Financial Costs	14 000	4 000	22 000	35 000
Financial Balance	9 000	38 000	4 232 000	4 768 000
Dividends	0	0	0	1 300 000
Net Income	−1 550 000	−1 998 000	3 063 000	4 026 000

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	2 233 000	1 228 000	1 518 000	1 844 000
Total Tangible Assets	2 233 000	1 228 000	1 518 000	1 844 000
Total Fiancial Fixed Assets	279 000	279 000	66 000	62 000
Total Fixed Assets	2 512 000	1 508 000	1 584 000	1 906 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 622 000	5 078 000	17 639 000	14 545 000
Total Current Assets	14 204 000	16 307 000	18 153 000	15 357 000
Total Assets	16 716 000	17 814 000	19 737 000	17 263 000
Total Equity	15 620 000	17 171 000	19 169 000	16 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	10 000	10 000	10 000
Creditors	16 000	52 000	8 000	84 000
Unpaid Taxes	90 000	132 000	136 000	274 000
Dividends	0	0	0	1 300 000
Other Current Debt	979 000	450 000	414 000	289 000
Total Current Debt	1 085 000	634 000	558 000	1 147 000
Total Equity and Debt	16 716 000	17 814 000	19 737 000	17 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,92 %	−11,64 %	15,98 %	25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3 897,5 %	-	−125,43 %	−54,78 %
Current Ratio	13,09	25,72	32,53	13,39
Quick Ratio	13,09	25,72	32,53	13,39
Equity Ratio	0,93	0,96	0,97	0,93
Gross Profit Margin	100 %	-	100 %	100 %