FIVE REASONS AS

1350 LOMMEDALEN

Finances

Return on Equity

13,2 %

Current Ratio

4,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	565 000	98 000	0	14 000
Net Income	2 489 000	7 152 000	5 796 000	3 677 000
Total Assets	21 998 000	22 581 000	17 719 000	8 961 000
Total Equity	18 863 000	18 449 000	11 297 000	5 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	565 000	98 000	0	14 000
Expenditure	761 000	574 000	473 000	122 000
Operating Profit	−195 000	−477 000	−473 000	−109 000
Financial Income	3 308 000	7 449 000	6 333 000	4 237 000
Financial Costs	624 000	−180 000	64 000	452 000
Financial Balance	2 684 000	7 629 000	6 269 000	3 785 000
Earnings Before Tax	2 489 000	7 152 000	5 796 000	3 677 000
Tax	0	0	0	0
Net Income	2 489 000	7 152 000	5 796 000	3 677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 171 000	10 087 000	10 130 000	6 614 000
Total Current Assets	14 827 000	12 494 000	7 589 000	2 346 000
Total Assets	21 998 000	22 581 000	17 719 000	8 961 000
Total Retained Equity	16 460 000	16 870 000	9 718 000	4 323 000
Total Equity	18 863 000	18 449 000	11 297 000	5 901 000
Total Long-Term Debt	0	0	0	15 000
Total Current Debt	3 135 000	4 132 000	6 422 000	3 045 000
Total Equity and Debt	21 998 000	22 581 000	17 719 000	8 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	565 000	98 000	0	14 000
Other Income	0	0	0	0
Revenue	565 000	98 000	0	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	28 000	29 000	11 000
Depreciation	297 000	301 000	227 000	4 000
Impairment	0	0	0	0
Expenditure	761 000	574 000	473 000	122 000
Operating Profit	−195 000	−477 000	−473 000	−109 000
Financial Income	3 308 000	7 449 000	6 333 000	4 237 000
Financial Costs	624 000	−180 000	64 000	452 000
Financial Balance	2 684 000	7 629 000	6 269 000	3 785 000
Dividends	1 500 000	0	400 000	2 800 000
Net Income	2 489 000	7 152 000	5 796 000	3 677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	663 000	960 000	1 261 000	15 000
Total Tangible Assets	663 000	960 000	1 261 000	15 000
Total Fiancial Fixed Assets	6 508 000	9 128 000	8 870 000	6 599 000
Total Fixed Assets	7 171 000	10 087 000	10 130 000	6 614 000
Stock	0	0	0	0
Total Investments	13 755 000	12 047 000	5 116 000	1 122 000
Cash, Bank	345 000	200 000	2 470 000	1 213 000
Total Current Assets	14 827 000	12 494 000	7 589 000	2 346 000
Total Assets	21 998 000	22 581 000	17 719 000	8 961 000
Total Equity	18 863 000	18 449 000	11 297 000	5 901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	15 000
Creditors	235 000	47 000	1 000	5 000
Unpaid Taxes	55 000	28 000	29 000	11 000
Dividends	1 500 000	0	400 000	2 800 000
Other Current Debt	665 000	3 268 000	5 496 000	1 529 000
Total Current Debt	3 135 000	4 132 000	6 422 000	3 045 000
Total Equity and Debt	21 998 000	22 581 000	17 719 000	8 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,2 %	38,77 %	51,31 %	62,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−34,51 %	−486,73 %	-	−778,57 %
Current Ratio	4,73	3,02	1,18	0,77
Quick Ratio	4,73	3,02	1,18	0,77
Equity Ratio	0,86	0,82	0,64	0,66
Gross Profit Margin	100 %	100 %	-	100 %