XL KONGENS GATE 19 AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

3,77 %

Current Ratio

1,62

Debt-to-Equity Ratio

4,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 095 000	1 095 000	1 080 000	820 000
Net Income	53 000	86 000	15 000	−234 000
Total Assets	7 832 000	8 359 000	8 817 000	9 248 000
Total Equity	1 405 000	1 521 000	1 626 000	1 760 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 095 000	1 095 000	1 080 000	820 000
Expenditure	750 000	763 000	819 000	842 000
Operating Profit	346 000	332 000	261 000	−22 000
Financial Income	0	0	0	2 000
Financial Costs	278 000	222 000	245 000	280 000
Financial Balance	−278 000	−222 000	−245 000	−278 000
Earnings Before Tax	68 000	111 000	16 000	−300 000
Tax	15 000	24 000	1 000	−66 000
Net Income	53 000	86 000	15 000	−234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 342 000	7 676 000	8 046 000	8 803 000
Total Current Assets	490 000	682 000	771 000	445 000
Total Assets	7 832 000	8 359 000	8 817 000	9 248 000
Total Retained Equity	0	0	0	0
Total Equity	1 405 000	1 521 000	1 626 000	1 760 000
Total Long-Term Debt	6 125 000	6 533 000	6 938 000	7 104 000
Total Current Debt	302 000	305 000	254 000	384 000
Total Equity and Debt	7 832 000	8 359 000	8 817 000	9 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 095 000	1 095 000	1 080 000	820 000
Revenue	1 095 000	1 095 000	1 080 000	820 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	526 000	536 000	616 000	615 000
Impairment	0	0	0	0
Expenditure	750 000	763 000	819 000	842 000
Operating Profit	346 000	332 000	261 000	−22 000
Financial Income	0	0	0	2 000
Financial Costs	278 000	222 000	245 000	280 000
Financial Balance	−278 000	−222 000	−245 000	−278 000
Dividends	0	0	0	0
Net Income	53 000	86 000	15 000	−234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 085 000	6 575 000	7 000 000	7 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	27 000	46 000	174 000
Total Tangible Assets	6 128 000	6 602 000	7 046 000	7 663 000
Total Fiancial Fixed Assets	1 215 000	1 075 000	1 000 000	1 140 000
Total Fixed Assets	7 342 000	7 676 000	8 046 000	8 803 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	353 000	379 000	768 000	290 000
Total Current Assets	490 000	682 000	771 000	445 000
Total Assets	7 832 000	8 359 000	8 817 000	9 248 000
Total Equity	1 405 000	1 521 000	1 626 000	1 760 000
Short-Term Group Debt	216 000	246 000	190 000	248 000
Total Long-Term Debt	6 125 000	6 533 000	6 938 000	7 104 000
Creditors	13 000	4 000	1 000	8 000
Unpaid Taxes	44 000	36 000	43 000	51 000
Dividends	0	0	0	0
Other Current Debt	30 000	19 000	19 000	77 000
Total Current Debt	302 000	305 000	254 000	384 000
Total Equity and Debt	7 832 000	8 359 000	8 817 000	9 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,77 %	5,65 %	0,92 %	−13,3 %
Debt-to-Equity Ratio	4,36	4,3	4,27	4,04
Operating Profit Margin	31,6 %	30,32 %	24,17 %	−2,68 %
Current Ratio	1,62	2,24	3,04	1,16
Quick Ratio	1,62	2,24	3,04	1,16
Equity Ratio	0,18	0,18	0,18	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %