KIRKEGATA 34/36 BORETTSLAG

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−2,51 %

Current Ratio

4,29

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 059 000	2 175 000	2 910 000
Net Income	−319 000	537 000	1 370 000	2 345 000
Total Assets	28 151 000	28 425 000	28 405 000	28 562 000
Total Equity	12 724 000	13 043 000	12 506 000	11 136 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 021 000	1 059 000	2 175 000	2 910 000
Expenditure	1 242 000	456 000	655 000	394 000
Operating Profit	−221 000	603 000	1 520 000	2 516 000
Financial Income	3 000	1 000	6 000	9 000
Financial Costs	102 000	67 000	156 000	180 000
Financial Balance	−99 000	−66 000	−150 000	−171 000
Earnings Before Tax	−319 000	537 000	1 370 000	2 345 000
Tax	0	0	0	0
Net Income	−319 000	537 000	1 370 000	2 345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 726 000	27 720 000	27 725 000	27 731 000
Total Current Assets	425 000	705 000	680 000	832 000
Total Assets	28 151 000	28 425 000	28 405 000	28 562 000
Total Retained Equity	12 722 000	13 041 000	12 505 000	11 135 000
Total Equity	12 724 000	13 043 000	12 506 000	11 136 000
Total Long-Term Debt	15 329 000	15 290 000	15 754 000	17 238 000
Total Current Debt	99 000	92 000	145 000	188 000
Total Equity and Debt	28 151 000	28 425 000	28 405 000	28 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 021 000	1 059 000	2 175 000	2 910 000
Revenue	1 021 000	1 059 000	2 175 000	2 910 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	11 000	6 000
Depreciation	11 000	5 000	5 000	3 000
Impairment	0	0	0	0
Expenditure	1 242 000	456 000	655 000	394 000
Operating Profit	−221 000	603 000	1 520 000	2 516 000
Financial Income	3 000	1 000	6 000	9 000
Financial Costs	102 000	67 000	156 000	180 000
Financial Balance	−99 000	−66 000	−150 000	−171 000
Dividends	0	0	0	0
Net Income	−319 000	537 000	1 370 000	2 345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 207 000	26 207 000	26 207 000	26 207 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 519 000	1 513 000	1 518 000	1 524 000
Total Tangible Assets	27 726 000	27 720 000	27 725 000	27 731 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 726 000	27 720 000	27 725 000	27 731 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	399 000	686 000	680 000	755 000
Total Current Assets	425 000	705 000	680 000	832 000
Total Assets	28 151 000	28 425 000	28 405 000	28 562 000
Total Equity	12 724 000	13 043 000	12 506 000	11 136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 329 000	15 290 000	15 754 000	17 238 000
Creditors	3 000	2 000	50 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	6 000	0
Total Current Debt	99 000	92 000	145 000	188 000
Total Equity and Debt	28 151 000	28 425 000	28 405 000	28 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,51 %	4,12 %	10,95 %	21,06 %
Debt-to-Equity Ratio	1,2	1,17	1,26	1,55
Operating Profit Margin	−21,65 %	56,94 %	69,89 %	86,46 %
Current Ratio	4,29	7,66	4,69	4,43
Quick Ratio	4,29	7,66	4,69	4,43
Equity Ratio	0,45	0,46	0,44	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %