FR.NANSENSVEI 44 AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

8,85 %

Current Ratio

64,52

Debt-to-Equity Ratio

5,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	842 000	316 000	378 000
Net Income	64 000	−427 000	−403 000	−92 000
Total Assets	4 796 000	4 526 000	3 459 000	3 730 000
Total Equity	723 000	370 000	247 000	649 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	842 000	316 000	378 000
Expenditure	467 000	1 275 000	712 000	365 000
Operating Profit	247 000	−433 000	−396 000	13 000
Financial Income	0	0	0	0
Financial Costs	166 000	114 000	120 000	128 000
Financial Balance	−166 000	−114 000	−120 000	−128 000
Earnings Before Tax	82 000	−547 000	−516 000	−115 000
Tax	18 000	−120 000	−114 000	−23 000
Net Income	64 000	−427 000	−403 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 183 000	3 282 000	3 380 000	3 479 000
Total Current Assets	1 613 000	1 244 000	78 000	252 000
Total Assets	4 796 000	4 526 000	3 459 000	3 730 000
Total Retained Equity	64 000	0	−169 000	233 000
Total Equity	723 000	370 000	247 000	649 000
Total Long-Term Debt	4 048 000	3 313 000	2 687 000	2 881 000
Total Current Debt	25 000	842 000	525 000	200 000
Total Equity and Debt	4 796 000	4 526 000	3 459 000	3 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	19 000
Other Income	715 000	842 000	316 000	359 000
Revenue	715 000	842 000	316 000	378 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	98 000	98 000	98 000	98 000
Impairment	0	0	0	0
Expenditure	467 000	1 275 000	712 000	365 000
Operating Profit	247 000	−433 000	−396 000	13 000
Financial Income	0	0	0	0
Financial Costs	166 000	114 000	120 000	128 000
Financial Balance	−166 000	−114 000	−120 000	−128 000
Dividends	0	0	0	0
Net Income	64 000	−427 000	−403 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 183 000	3 282 000	3 380 000	3 479 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 183 000	3 282 000	3 380 000	3 479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 183 000	3 282 000	3 380 000	3 479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	836 000	369 000	62 000	86 000
Total Current Assets	1 613 000	1 244 000	78 000	252 000
Total Assets	4 796 000	4 526 000	3 459 000	3 730 000
Total Equity	723 000	370 000	247 000	649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 048 000	3 313 000	2 687 000	2 881 000
Creditors	25 000	398 000	40 000	34 000
Unpaid Taxes	0	0	15 000	0
Dividends	0	0	0	0
Other Current Debt	0	444 000	470 000	166 000
Total Current Debt	25 000	842 000	525 000	200 000
Total Equity and Debt	4 796 000	4 526 000	3 459 000	3 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,85 %	−115,41 %	−163,16 %	−14,18 %
Debt-to-Equity Ratio	5,6	8,95	10,88	4,44
Operating Profit Margin	34,55 %	−51,43 %	−125,32 %	3,44 %
Current Ratio	64,52	1,48	0,15	1,26
Quick Ratio	64,52	1,48	0,15	1,26
Equity Ratio	0,15	0,08	0,07	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %