DRONNINGENSGATE 45 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

4,14 %

Current Ratio

9,78

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	700 000	700 000	700 000	700 000
Net Income	158 000	243 000	−55 000	309 000
Total Assets	5 520 000	5 685 000	5 699 000	6 402 000
Total Equity	3 821 000	3 663 000	3 420 000	3 475 000

Income (NOK)	2022	2021	2020	2019
Revenue	700 000	700 000	700 000	700 000
Expenditure	410 000	325 000	687 000	295 000
Operating Profit	291 000	375 000	13 000	404 000
Financial Income	0	0	0	0
Financial Costs	84 000	64 000	84 000	8 000
Financial Balance	−84 000	−64 000	−84 000	−8 000
Earnings Before Tax	206 000	311 000	−71 000	396 000
Tax	48 000	68 000	−16 000	87 000
Net Income	158 000	243 000	−55 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 943 000	5 293 000	5 419 000	5 556 000
Total Current Assets	577 000	393 000	280 000	846 000
Total Assets	5 520 000	5 685 000	5 699 000	6 402 000
Total Retained Equity	3 721 000	3 563 000	3 320 000	3 375 000
Total Equity	3 821 000	3 663 000	3 420 000	3 475 000
Total Long-Term Debt	1 641 000	1 982 000	2 279 000	2 621 000
Total Current Debt	59 000	40 000	0	306 000
Total Equity and Debt	5 520 000	5 685 000	5 699 000	6 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	700 000	700 000	700 000	700 000
Revenue	700 000	700 000	700 000	700 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	200 000	130 000	200 000	122 000
Impairment	0	0	0	0
Expenditure	410 000	325 000	687 000	295 000
Operating Profit	291 000	375 000	13 000	404 000
Financial Income	0	0	0	0
Financial Costs	84 000	64 000	84 000	8 000
Financial Balance	−84 000	−64 000	−84 000	−8 000
Dividends	0	0	0	0
Net Income	158 000	243 000	−55 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 490 000	4 644 000	4 729 000	4 861 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	454 000	499 000	540 000	545 000
Total Tangible Assets	4 943 000	5 143 000	5 269 000	5 406 000
Total Fiancial Fixed Assets	0	150 000	150 000	150 000
Total Fixed Assets	4 943 000	5 293 000	5 419 000	5 556 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	418 000	372 000	260 000	846 000
Total Current Assets	577 000	393 000	280 000	846 000
Total Assets	5 520 000	5 685 000	5 699 000	6 402 000
Total Equity	3 821 000	3 663 000	3 420 000	3 475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 641 000	1 982 000	2 279 000	2 621 000
Creditors	13 000	19 000	0	191 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	58 000
Total Current Debt	59 000	40 000	0	306 000
Total Equity and Debt	5 520 000	5 685 000	5 699 000	6 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,14 %	6,63 %	−1,61 %	8,89 %
Debt-to-Equity Ratio	0,43	0,54	0,67	0,75
Operating Profit Margin	41,57 %	53,57 %	1,86 %	57,71 %
Current Ratio	9,78	9,83	-	2,76
Quick Ratio	9,78	9,83	-	2,76
Equity Ratio	0,69	0,64	0,6	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %