PHAG EIENDOM AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

22,01 %

Current Ratio

0,78

Debt-to-Equity Ratio

−3,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	252 000	252 000	250 000	216 000
Net Income	−147 000	53 000	17 000	−71 000
Total Assets	1 856 000	2 166 000	2 159 000	2 211 000
Total Equity	−668 000	−521 000	−574 000	−590 000

Income (NOK)	2022	2021	2020	2019
Revenue	252 000	252 000	250 000	216 000
Expenditure	49 000	53 000	93 000	41 000
Operating Profit	203 000	199 000	157 000	175 000
Financial Income	0	0	0	0
Financial Costs	156 000	131 000	136 000	265 000
Financial Balance	−156 000	−131 000	−136 000	−265 000
Earnings Before Tax	47 000	68 000	21 000	−91 000
Tax	194 000	15 000	5 000	−20 000
Net Income	−147 000	53 000	17 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 848 000	2 043 000	2 057 000	2 062 000
Total Current Assets	7 000	123 000	102 000	149 000
Total Assets	1 856 000	2 166 000	2 159 000	2 211 000
Total Retained Equity	−769 000	−622 000	−675 000	−691 000
Total Equity	−668 000	−521 000	−574 000	−590 000
Total Long-Term Debt	2 515 000	2 556 000	2 639 000	2 680 000
Total Current Debt	9 000	130 000	94 000	122 000
Total Equity and Debt	1 856 000	2 166 000	2 159 000	2 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	252 000	252 000	250 000	216 000
Revenue	252 000	252 000	250 000	216 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	53 000	93 000	41 000
Operating Profit	203 000	199 000	157 000	175 000
Financial Income	0	0	0	0
Financial Costs	156 000	131 000	136 000	265 000
Financial Balance	−156 000	−131 000	−136 000	−265 000
Dividends	0	0	0	0
Net Income	−147 000	53 000	17 000	−71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	194 000	209 000	214 000
Real Eastate	1 848 000	1 848 000	1 848 000	1 848 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 848 000	1 848 000	1 848 000	1 848 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 848 000	2 043 000	2 057 000	2 062 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	0
Total Current Assets	7 000	123 000	102 000	149 000
Total Assets	1 856 000	2 166 000	2 159 000	2 211 000
Total Equity	−668 000	−521 000	−574 000	−590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 515 000	2 556 000	2 639 000	2 680 000
Creditors	5 000	13 000	6 000	80 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	118 000	88 000	42 000
Total Current Debt	9 000	130 000	94 000	122 000
Total Equity and Debt	1 856 000	2 166 000	2 159 000	2 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,01 %	−10,17 %	−2,96 %	12,03 %
Debt-to-Equity Ratio	−3,76	−4,91	−4,6	−4,54
Operating Profit Margin	80,56 %	78,97 %	62,8 %	81,02 %
Current Ratio	0,78	0,95	1,09	1,22
Quick Ratio	0,78	0,95	1,09	1,22
Equity Ratio	−0,36	−0,24	−0,27	−0,27
Gross Profit Margin	97,22 %	100 %	100 %	100 %