STAVANGER APARTMENTS AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

13,8 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 000	117 000	145 000	403 000
Net Income	−77 000	−588 000	−259 000	−17 000
Total Assets	1 457 000	1 412 000	2 720 000	2 630 000
Total Equity	−558 000	−482 000	106 000	364 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 000	117 000	145 000	403 000
Expenditure	174 000	669 000	333 000	337 000
Operating Profit	−79 000	−553 000	−187 000	66 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	0	38 000	76 000	88 000
Financial Balance	3 000	−36 000	−72 000	−83 000
Earnings Before Tax	−77 000	−588 000	−259 000	−17 000
Tax	0	0	0	0
Net Income	−77 000	−588 000	−259 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 397 000	1 397 000	2 530 000	2 562 000
Total Current Assets	61 000	15 000	191 000	67 000
Total Assets	1 457 000	1 412 000	2 720 000	2 630 000
Total Retained Equity	−658 000	−582 000	6 000	264 000
Total Equity	−558 000	−482 000	106 000	364 000
Total Long-Term Debt	0	0	900 000	1 457 000
Total Current Debt	2 016 000	1 894 000	1 714 000	809 000
Total Equity and Debt	1 457 000	1 412 000	2 720 000	2 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	95 000	117 000	145 000	403 000
Revenue	95 000	117 000	145 000	403 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	174 000	669 000	333 000	337 000
Operating Profit	−79 000	−553 000	−187 000	66 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	0	38 000	76 000	88 000
Financial Balance	3 000	−36 000	−72 000	−83 000
Dividends	0	0	0	0
Net Income	−77 000	−588 000	−259 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 397 000	1 397 000	2 530 000	2 562 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 397 000	1 397 000	2 530 000	2 562 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 397 000	1 397 000	2 530 000	2 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	0	159 000	53 000
Total Current Assets	61 000	15 000	191 000	67 000
Total Assets	1 457 000	1 412 000	2 720 000	2 630 000
Total Equity	−558 000	−482 000	106 000	364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	900 000	1 457 000
Creditors	2 000	0	30 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 014 000	1 894 000	1 685 000	799 000
Total Current Debt	2 016 000	1 894 000	1 714 000	809 000
Total Equity and Debt	1 457 000	1 412 000	2 720 000	2 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,8 %	121,99 %	−244,34 %	−4,67 %
Debt-to-Equity Ratio	−0	−0	8,49	4
Operating Profit Margin	−83,16 %	−472,65 %	−128,97 %	16,38 %
Current Ratio	0,03	0,01	0,11	0,08
Quick Ratio	0,03	0,01	0,11	0,08
Equity Ratio	−0,38	−0,34	0,04	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %