CURT ADELER EIENDOM AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

11,48 %

Current Ratio

0,93

Debt-to-Equity Ratio

7,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	341 000	388 000	462 000	253 000
Net Income	45 000	58 000	124 000	5 000
Total Assets	3 442 000	3 527 000	3 603 000	3 518 000
Total Equity	392 000	346 000	288 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	341 000	388 000	462 000	253 000
Expenditure	205 000	259 000	228 000	174 000
Operating Profit	136 000	128 000	234 000	78 000
Financial Income	0	0	0	0
Financial Costs	78 000	72 000	76 000	72 000
Financial Balance	−78 000	−72 000	−76 000	−72 000
Earnings Before Tax	58 000	57 000	158 000	6 000
Tax	13 000	−2 000	34 000	1 000
Net Income	45 000	58 000	124 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 281 000	3 357 000	3 433 000	3 509 000
Total Current Assets	161 000	170 000	170 000	9 000
Total Assets	3 442 000	3 527 000	3 603 000	3 518 000
Total Retained Equity	292 000	246 000	188 000	63 000
Total Equity	392 000	346 000	288 000	163 000
Total Long-Term Debt	2 878 000	2 995 000	3 197 000	3 355 000
Total Current Debt	173 000	185 000	118 000	−1 000
Total Equity and Debt	3 442 000	3 527 000	3 603 000	3 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	253 000
Other Income	341 000	388 000	462 000	0
Revenue	341 000	388 000	462 000	253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	76 000	76 000	76 000	76 000
Impairment	0	0	0	0
Expenditure	205 000	259 000	228 000	174 000
Operating Profit	136 000	128 000	234 000	78 000
Financial Income	0	0	0	0
Financial Costs	78 000	72 000	76 000	72 000
Financial Balance	−78 000	−72 000	−76 000	−72 000
Dividends	0	0	0	0
Net Income	45 000	58 000	124 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 281 000	3 357 000	3 433 000	3 509 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 281 000	3 357 000	3 433 000	3 509 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 281 000	3 357 000	3 433 000	3 509 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	8 000	38 000	9 000
Total Current Assets	161 000	170 000	170 000	9 000
Total Assets	3 442 000	3 527 000	3 603 000	3 518 000
Total Equity	392 000	346 000	288 000	163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 878 000	2 995 000	3 197 000	3 355 000
Creditors	0	69 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	158 000	80 000	80 000	−1 000
Total Current Debt	173 000	185 000	118 000	−1 000
Total Equity and Debt	3 442 000	3 527 000	3 603 000	3 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,48 %	16,76 %	43,06 %	3,07 %
Debt-to-Equity Ratio	7,34	8,66	11,1	20,58
Operating Profit Margin	39,88 %	32,99 %	50,65 %	30,83 %
Current Ratio	0,93	0,92	1,44	−9
Quick Ratio	0,93	0,92	1,44	−9
Equity Ratio	0,11	0,1	0,08	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %