ADOLF ØIENS FOND FOR NÆRINGSUTVIKLING

7010 TRONDHEIM

Finances

Return on Equity

−9,11 %

Current Ratio

1 148,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	20 287 000	13 801 000	20 565 000
Net Income	−21 147 000	17 948 000	11 478 000	18 575 000
Total Assets	232 358 000	232 358 000	216 203 000	206 417 000
Total Equity	232 180 000	232 180 000	216 032 000	206 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	20 287 000	13 801 000	20 565 000
Expenditure	21 201 000	2 289 000	2 322 000	2 083 000
Operating Profit	−21 202 000	17 998 000	11 478 000	18 482 000
Financial Income	71 000	0	0	220 000
Financial Costs	17 000	50 000	0	127 000
Financial Balance	54 000	−50 000	0	93 000
Earnings Before Tax	−21 147 000	17 948 000	11 478 000	18 575 000
Tax	0	0	0	0
Net Income	−21 147 000	17 948 000	11 478 000	18 575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 617 000	1 617 000	1 623 000	8 489 000
Total Current Assets	207 796 000	230 741 000	214 580 000	197 927 000
Total Assets	232 358 000	232 358 000	216 203 000	206 417 000
Total Retained Equity	223 680 000	223 680 000	207 532 000	197 753 000
Total Equity	232 180 000	232 180 000	216 032 000	206 253 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	181 000	179 000	171 000	163 000
Total Equity and Debt	232 358 000	232 358 000	216 203 000	206 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	5 000
Other Income	0	20 287 000	13 795 000	20 560 000
Revenue	0	20 287 000	13 801 000	20 565 000
Cost of Goods Sold	0	0	0	0
Salary Costs	179 000	178 000	164 000	161 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 201 000	2 289 000	2 322 000	2 083 000
Operating Profit	−21 202 000	17 998 000	11 478 000	18 482 000
Financial Income	71 000	0	0	220 000
Financial Costs	17 000	50 000	0	127 000
Financial Balance	54 000	−50 000	0	93 000
Dividends	0	0	0	0
Net Income	−21 147 000	17 948 000	11 478 000	18 575 000

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	1 617 000	1 617 000	1 623 000	8 489 000
Total Fixed Assets	1 617 000	1 617 000	1 623 000	8 489 000
Stock	0	0	0	0
Total Investments	207 793 000	230 735 000	214 580 000	197 927 000
Cash, Bank	0	0	0	0
Total Current Assets	207 796 000	230 741 000	214 580 000	197 927 000
Total Assets	232 358 000	232 358 000	216 203 000	206 417 000
Total Equity	232 180 000	232 180 000	216 032 000	206 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	178 000	178 000	170 000	161 000
Total Current Debt	181 000	179 000	171 000	163 000
Total Equity and Debt	232 358 000	232 358 000	216 203 000	206 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,11 %	7,73 %	5,31 %	9,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	88,72 %	83,17 %	89,87 %
Current Ratio	1 148,04	1 289,06	1 254,85	1 214,28
Quick Ratio	1 148,04	1 289,06	1 254,85	1 214,28
Equity Ratio	1	1	1	1
Gross Profit Margin	-	100 %	100 %	100 %