88 INVEST AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

246,83 %

Current Ratio

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 347 000	1 154 000	1 556 000	1 733 000
Net Income	817 000	713 000	844 000	419 000
Total Assets	1 889 000	1 778 000	2 995 000	9 739 000
Total Equity	331 000	315 000	202 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 347 000	1 154 000	1 556 000	1 733 000
Expenditure	299 000	238 000	317 000	773 000
Operating Profit	1 047 000	916 000	1 240 000	960 000
Financial Income	0	0	9 000	2 000
Financial Costs	0	2 000	166 000	425 000
Financial Balance	0	−2 000	−157 000	−423 000
Earnings Before Tax	1 047 000	914 000	1 082 000	537 000
Tax	230 000	201 000	238 000	118 000
Net Income	817 000	713 000	844 000	419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	632 000	720 000	809 000	7 982 000
Total Current Assets	1 257 000	1 057 000	2 187 000	1 757 000
Total Assets	1 889 000	1 778 000	2 995 000	9 739 000
Total Retained Equity	131 000	115 000	2 000	18 000
Total Equity	331 000	315 000	202 000	218 000
Total Long-Term Debt	295 000	405 000	1 515 000	8 584 000
Total Current Debt	1 263 000	1 058 000	1 278 000	937 000
Total Equity and Debt	1 889 000	1 778 000	2 995 000	9 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 347 000	1 154 000	1 556 000	1 733 000
Revenue	1 347 000	1 154 000	1 556 000	1 733 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	88 000	88 000	88 000	88 000
Impairment	0	0	0	0
Expenditure	299 000	238 000	317 000	773 000
Operating Profit	1 047 000	916 000	1 240 000	960 000
Financial Income	0	0	9 000	2 000
Financial Costs	0	2 000	166 000	425 000
Financial Balance	0	−2 000	−157 000	−423 000
Dividends	800 000	600 000	860 000	500 000
Net Income	817 000	713 000	844 000	419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	632 000	720 000	809 000	7 982 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	632 000	720 000	809 000	7 982 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	632 000	720 000	809 000	7 982 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 138 000	958 000	2 104 000	1 501 000
Total Current Assets	1 257 000	1 057 000	2 187 000	1 757 000
Total Assets	1 889 000	1 778 000	2 995 000	9 739 000
Total Equity	331 000	315 000	202 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	295 000	405 000	1 515 000	8 584 000
Creditors	3 000	14 000	29 000	347 000
Unpaid Taxes	60 000	48 000	39 000	36 000
Dividends	800 000	600 000	860 000	500 000
Other Current Debt	60 000	60 000	90 000	0
Total Current Debt	1 263 000	1 058 000	1 278 000	937 000
Total Equity and Debt	1 889 000	1 778 000	2 995 000	9 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	246,83 %	226,35 %	417,82 %	192,2 %
Debt-to-Equity Ratio	0,89	1,29	7,5	39,38
Operating Profit Margin	77,73 %	79,38 %	79,69 %	55,4 %
Current Ratio	1	1	1,71	1,88
Quick Ratio	1	1	1,71	1,88
Equity Ratio	0,18	0,18	0,07	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %