EFFECCT EIENDOM AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

−15,41 %

Current Ratio

0,86

Debt-to-Equity Ratio

13,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	712 000	347 000	316 000	307 000
Net Income	−88 000	−18 000	52 000	24 000
Total Assets	8 732 000	2 174 000	1 990 000	2 180 000
Total Equity	571 000	659 000	677 000	624 000

Income (NOK)	2022	2021	2020	2019
Revenue	712 000	347 000	316 000	307 000
Expenditure	562 000	324 000	194 000	209 000
Operating Profit	150 000	22 000	123 000	98 000
Financial Income	0	0	0	0
Financial Costs	262 000	45 000	56 000	67 000
Financial Balance	−262 000	−45 000	−56 000	−67 000
Earnings Before Tax	−112 000	−23 000	67 000	31 000
Tax	−25 000	−5 000	15 000	7 000
Net Income	−88 000	−18 000	52 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 161 000	1 988 000	1 897 000	2 141 000
Total Current Assets	570 000	186 000	93 000	39 000
Total Assets	8 732 000	2 174 000	1 990 000	2 180 000
Total Retained Equity	469 000	557 000	575 000	523 000
Total Equity	571 000	659 000	677 000	624 000
Total Long-Term Debt	7 502 000	1 140 000	1 277 000	1 512 000
Total Current Debt	659 000	375 000	36 000	44 000
Total Equity and Debt	8 732 000	2 174 000	1 990 000	2 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	712 000	347 000	316 000	307 000
Revenue	712 000	347 000	316 000	307 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	48 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	562 000	324 000	194 000	209 000
Operating Profit	150 000	22 000	123 000	98 000
Financial Income	0	0	0	0
Financial Costs	262 000	45 000	56 000	67 000
Financial Balance	−262 000	−45 000	−56 000	−67 000
Dividends	0	0	0	0
Net Income	−88 000	−18 000	52 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 161 000	1 988 000	1 848 000	1 877 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 161 000	1 988 000	1 848 000	1 877 000
Total Fiancial Fixed Assets	0	0	48 000	263 000
Total Fixed Assets	8 161 000	1 988 000	1 897 000	2 141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	537 000	111 000	93 000	54 000
Total Current Assets	570 000	186 000	93 000	39 000
Total Assets	8 732 000	2 174 000	1 990 000	2 180 000
Total Equity	571 000	659 000	677 000	624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 502 000	1 140 000	1 277 000	1 512 000
Creditors	552 000	321 000	4 000	3 000
Unpaid Taxes	85 000	48 000	18 000	25 000
Dividends	0	0	0	0
Other Current Debt	22 000	6 000	6 000	16 000
Total Current Debt	659 000	375 000	36 000	44 000
Total Equity and Debt	8 732 000	2 174 000	1 990 000	2 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,41 %	−2,73 %	7,68 %	3,85 %
Debt-to-Equity Ratio	13,14	1,73	1,89	2,42
Operating Profit Margin	21,07 %	6,34 %	38,92 %	31,92 %
Current Ratio	0,86	0,5	2,58	0,89
Quick Ratio	0,86	0,5	2,58	0,89
Equity Ratio	0,07	0,3	0,34	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %