CONTRACE AS

3217 SANDEFJORD

Finances

Share Ownership

Return on Equity

39,23 %

Current Ratio

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 000	0	0	0
Net Income	−4 631 000	−6 839 000	−2 305 000	−3 520 000
Total Assets	9 269 000	10 215 000	15 849 000	17 562 000
Total Equity	−11 805 000	−7 174 000	−335 000	1 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 000	0	0	0
Expenditure	3 571 000	6 303 000	1 866 000	3 122 000
Operating Profit	−3 394 000	−6 303 000	−1 865 000	−3 122 000
Financial Income	−1 000	1 000	0	51 000
Financial Costs	1 236 000	538 000	439 000	449 000
Financial Balance	−1 237 000	−537 000	−439 000	−398 000
Earnings Before Tax	−4 631 000	−6 839 000	−2 305 000	−3 520 000
Tax	0	0	0	0
Net Income	−4 631 000	−6 839 000	−2 305 000	−3 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 263 000	10 130 000	15 724 000	17 022 000
Total Current Assets	6 000	86 000	124 000	540 000
Total Assets	9 269 000	10 215 000	15 849 000	17 562 000
Total Retained Equity	−15 764 000	−11 133 000	−4 294 000	−1 989 000
Total Equity	−11 805 000	−7 174 000	−335 000	1 970 000
Total Long-Term Debt	106 000	344 000	344 000	244 000
Total Current Debt	20 968 000	17 045 000	15 839 000	15 348 000
Total Equity and Debt	9 269 000	10 215 000	15 849 000	17 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	177 000	0	0	0
Revenue	177 000	0	0	0
Cost of Goods Sold	0	0	0	68 000
Salary Costs	0	64 000	7 000	604 000
Depreciation	858 000	1 048 000	1 320 000	982 000
Impairment	0	4 556 000	0	0
Expenditure	3 571 000	6 303 000	1 866 000	3 122 000
Operating Profit	−3 394 000	−6 303 000	−1 865 000	−3 122 000
Financial Income	−1 000	1 000	0	51 000
Financial Costs	1 236 000	538 000	439 000	449 000
Financial Balance	−1 237 000	−537 000	−439 000	−398 000
Dividends	0	0	0	0
Net Income	−4 631 000	−6 839 000	−2 305 000	−3 520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 202 000	10 000 000	12 993 000	13 760 000
Machinery and Plant Facilities	11 000	0	0	3 262 000
Fixtures	49 000	121 000	2 731 000	0
Total Tangible Assets	9 263 000	10 121 000	15 724 000	17 022 000
Total Fiancial Fixed Assets	0	9 000	0	0
Total Fixed Assets	9 263 000	10 130 000	15 724 000	17 022 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	3 000	17 000	7 000
Total Current Assets	6 000	86 000	124 000	540 000
Total Assets	9 269 000	10 215 000	15 849 000	17 562 000
Total Equity	−11 805 000	−7 174 000	−335 000	1 970 000
Short-Term Group Debt	15 293 000	13 988 000	12 602 000	11 879 000
Total Long-Term Debt	106 000	344 000	344 000	244 000
Creditors	3 376 000	3 038 000	3 230 000	3 381 000
Unpaid Taxes	2 154 000	0	0	17 000
Dividends	0	0	0	0
Other Current Debt	146 000	19 000	8 000	72 000
Total Current Debt	20 968 000	17 045 000	15 839 000	15 348 000
Total Equity and Debt	9 269 000	10 215 000	15 849 000	17 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,23 %	95,33 %	688,06 %	−178,68 %
Debt-to-Equity Ratio	−0,01	−0,05	−1,03	0,12
Operating Profit Margin	−1 917,51 %	-	-	-
Current Ratio	0	0,01	0,01	0,04
Quick Ratio	0	0,01	0,01	0,04
Equity Ratio	−1,27	−0,7	−0,02	0,11
Gross Profit Margin	100 %	-	-	-