STATSMINISTER TORPSVEI 49 AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

12,91 %

Current Ratio

1,7

Debt-to-Equity Ratio

3,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 260 000	2 220 000	1 707 000	1 283 000
Net Income	656 000	798 000	269 000	36 000
Total Assets	21 165 000	21 906 000	22 033 000	22 465 000
Total Equity	5 082 000	4 710 000	3 912 000	3 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 260 000	2 220 000	1 707 000	1 283 000
Expenditure	1 304 000	1 086 000	1 231 000	1 086 000
Operating Profit	956 000	1 134 000	475 000	198 000
Financial Income	0	0	0	0
Financial Costs	115 000	111 000	130 000	152 000
Financial Balance	−115 000	−111 000	−130 000	−152 000
Earnings Before Tax	841 000	1 023 000	345 000	46 000
Tax	185 000	225 000	76 000	10 000
Net Income	656 000	798 000	269 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 094 000	20 871 000	21 562 000	21 904 000
Total Current Assets	1 070 000	1 035 000	471 000	560 000
Total Assets	21 165 000	21 906 000	22 033 000	22 465 000
Total Retained Equity	4 980 000	4 607 000	3 809 000	3 540 000
Total Equity	5 082 000	4 710 000	3 912 000	3 642 000
Total Long-Term Debt	15 454 000	16 359 000	17 294 000	17 736 000
Total Current Debt	628 000	838 000	827 000	1 086 000
Total Equity and Debt	21 165 000	21 906 000	22 033 000	22 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	15 000	55 000
Other Income	2 260 000	2 220 000	1 692 000	1 229 000
Revenue	2 260 000	2 220 000	1 707 000	1 283 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	777 000	778 000	763 000	773 000
Impairment	0	0	0	0
Expenditure	1 304 000	1 086 000	1 231 000	1 086 000
Operating Profit	956 000	1 134 000	475 000	198 000
Financial Income	0	0	0	0
Financial Costs	115 000	111 000	130 000	152 000
Financial Balance	−115 000	−111 000	−130 000	−152 000
Dividends	0	0	0	0
Net Income	656 000	798 000	269 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 294 000	19 878 000	20 463 000	20 626 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	801 000	993 000	1 099 000	1 278 000
Total Tangible Assets	20 094 000	20 871 000	21 562 000	21 904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 094 000	20 871 000	21 562 000	21 904 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	569 000	780 000	240 000	431 000
Total Current Assets	1 070 000	1 035 000	471 000	560 000
Total Assets	21 165 000	21 906 000	22 033 000	22 465 000
Total Equity	5 082 000	4 710 000	3 912 000	3 642 000
Short-Term Group Debt	363 000	700 000	700 000	1 000 000
Total Long-Term Debt	15 454 000	16 359 000	17 294 000	17 736 000
Creditors	171 000	48 000	31 000	10 000
Unpaid Taxes	73 000	71 000	61 000	50 000
Dividends	0	0	0	0
Other Current Debt	22 000	18 000	35 000	27 000
Total Current Debt	628 000	838 000	827 000	1 086 000
Total Equity and Debt	21 165 000	21 906 000	22 033 000	22 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,91 %	16,94 %	6,88 %	0,99 %
Debt-to-Equity Ratio	3,04	3,47	4,42	4,87
Operating Profit Margin	42,3 %	51,08 %	27,83 %	15,43 %
Current Ratio	1,7	1,24	0,57	0,52
Quick Ratio	1,7	1,24	0,57	0,52
Equity Ratio	0,24	0,22	0,18	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %