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Finances

Share Ownership

Return on Equity

84,06 %

Current Ratio

4,44

Debt-to-Equity Ratio

11,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 269 000	5 520 000	8 590 000	6 834 000
Net Income	3 238 000	3 011 000	3 485 000	2 586 000
Total Assets	54 384 000	59 751 000	56 477 000	61 360 000
Total Equity	3 852 000	3 811 000	3 785 000	7 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 269 000	5 520 000	8 590 000	6 834 000
Expenditure	1 144 000	1 066 000	2 837 000	2 347 000
Operating Profit	5 125 000	4 455 000	5 753 000	4 487 000
Financial Income	643 000	591 000	373 000	225 000
Financial Costs	1 613 000	1 185 000	1 609 000	1 396 000
Financial Balance	−970 000	−594 000	−1 236 000	−1 171 000
Earnings Before Tax	4 156 000	3 861 000	4 517 000	3 316 000
Tax	918 000	849 000	1 032 000	729 000
Net Income	3 238 000	3 011 000	3 485 000	2 586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 785 000	35 354 000	36 368 000	51 351 000
Total Current Assets	21 599 000	24 397 000	20 109 000	10 009 000
Total Assets	54 384 000	59 751 000	56 477 000	61 360 000
Total Retained Equity	2 911 000	2 870 000	2 825 000	7 102 000
Total Equity	3 852 000	3 811 000	3 785 000	7 202 000
Total Long-Term Debt	45 662 000	47 997 000	37 968 000	37 923 000
Total Current Debt	4 869 000	7 943 000	14 724 000	16 235 000
Total Equity and Debt	54 384 000	59 751 000	56 477 000	61 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	8 590 000	6 834 000
Other Income	6 269 000	5 520 000	0	0
Revenue	6 269 000	5 520 000	8 590 000	6 834 000
Cost of Goods Sold	0	0	229 000	101 000
Salary Costs	0	0	357 000	281 000
Depreciation	1 023 000	1 029 000	1 199 000	1 030 000
Impairment	0	0	0	0
Expenditure	1 144 000	1 066 000	2 837 000	2 347 000
Operating Profit	5 125 000	4 455 000	5 753 000	4 487 000
Financial Income	643 000	591 000	373 000	225 000
Financial Costs	1 613 000	1 185 000	1 609 000	1 396 000
Financial Balance	−970 000	−594 000	−1 236 000	−1 171 000
Dividends	0	0	0	0
Net Income	3 238 000	3 011 000	3 485 000	2 586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 694 000	34 949 000	35 674 000	50 387 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	91 000	389 000	693 000	964 000
Total Tangible Assets	32 785 000	35 339 000	36 368 000	51 351 000
Total Fiancial Fixed Assets	0	15 000	0	0
Total Fixed Assets	32 785 000	35 354 000	36 368 000	51 351 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 052 000	2 843 000	1 939 000	1 330 000
Total Current Assets	21 599 000	24 397 000	20 109 000	10 009 000
Total Assets	54 384 000	59 751 000	56 477 000	61 360 000
Total Equity	3 852 000	3 811 000	3 785 000	7 202 000
Short-Term Group Debt	241 000	143 000	246 000	21 000
Total Long-Term Debt	45 662 000	47 997 000	37 968 000	37 923 000
Creditors	4 000	0	96 000	917 000
Unpaid Taxes	525 000	93 000	287 000	548 000
Dividends	0	0	0	0
Other Current Debt	4 099 000	7 707 000	14 094 000	3 029 000
Total Current Debt	4 869 000	7 943 000	14 724 000	16 235 000
Total Equity and Debt	54 384 000	59 751 000	56 477 000	61 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,06 %	79,01 %	92,07 %	35,91 %
Debt-to-Equity Ratio	11,85	12,59	10,03	5,27
Operating Profit Margin	81,75 %	80,71 %	66,97 %	65,66 %
Current Ratio	4,44	3,07	1,37	0,62
Quick Ratio	4,44	3,07	1,37	0,62
Equity Ratio	0,07	0,06	0,07	0,12
Gross Profit Margin	100 %	100 %	97,33 %	98,52 %