NEDRE VÅGEN 9 AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−46,13 %

Current Ratio

6,35

Debt-to-Equity Ratio

7,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	616 000	636 000	509 000	428 000
Net Income	−1 216 000	−748 000	−779 000	−965 000
Total Assets	21 464 000	21 795 000	22 562 000	23 504 000
Total Equity	2 636 000	2 930 000	3 013 000	14 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	616 000	636 000	509 000	428 000
Expenditure	1 529 000	1 129 000	1 212 000	1 375 000
Operating Profit	−914 000	−493 000	−703 000	−947 000
Financial Income	0	0	0	0
Financial Costs	645 000	466 000	296 000	291 000
Financial Balance	−645 000	−466 000	−296 000	−291 000
Earnings Before Tax	−1 559 000	−959 000	−999 000	−1 238 000
Tax	−343 000	−211 000	−220 000	−272 000
Net Income	−1 216 000	−748 000	−779 000	−965 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 869 000	20 618 000	21 366 000	22 107 000
Total Current Assets	1 595 000	1 177 000	1 196 000	1 397 000
Total Assets	21 464 000	21 795 000	22 562 000	23 504 000
Total Retained Equity	−64 000	0	0	0
Total Equity	2 636 000	2 930 000	3 013 000	14 065 000
Total Long-Term Debt	18 577 000	18 689 000	8 325 000	9 246 000
Total Current Debt	251 000	176 000	11 224 000	194 000
Total Equity and Debt	21 464 000	21 795 000	22 562 000	23 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 000	483 000	509 000	428 000
Other Income	170 000	153 000	0	0
Revenue	616 000	636 000	509 000	428 000
Cost of Goods Sold	79 000	95 000	0	0
Salary Costs	0	0	0	0
Depreciation	748 000	748 000	741 000	741 000
Impairment	0	0	0	0
Expenditure	1 529 000	1 129 000	1 212 000	1 375 000
Operating Profit	−914 000	−493 000	−703 000	−947 000
Financial Income	0	0	0	0
Financial Costs	645 000	466 000	296 000	291 000
Financial Balance	−645 000	−466 000	−296 000	−291 000
Dividends	0	0	0	0
Net Income	−1 216 000	−748 000	−779 000	−965 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 869 000	20 618 000	21 366 000	22 107 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 869 000	20 618 000	21 366 000	22 107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 869 000	20 618 000	21 366 000	22 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	2 000	1 000	10 000
Total Current Assets	1 595 000	1 177 000	1 196 000	1 397 000
Total Assets	21 464 000	21 795 000	22 562 000	23 504 000
Total Equity	2 636 000	2 930 000	3 013 000	14 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 577 000	18 689 000	8 325 000	9 246 000
Creditors	7 000	6 000	3 000	6 000
Unpaid Taxes	29 000	16 000	11 000	1 000
Dividends	0	0	0	0
Other Current Debt	215 000	154 000	11 210 000	187 000
Total Current Debt	251 000	176 000	11 224 000	194 000
Total Equity and Debt	21 464 000	21 795 000	22 562 000	23 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,13 %	−25,53 %	−25,85 %	−6,86 %
Debt-to-Equity Ratio	7,05	6,38	2,76	0,66
Operating Profit Margin	−148,38 %	−77,52 %	−138,11 %	−221,26 %
Current Ratio	6,35	6,69	0,11	7,2
Quick Ratio	6,35	6,69	0,11	7,2
Equity Ratio	0,12	0,13	0,13	0,6
Gross Profit Margin	87,18 %	85,06 %	100 %	100 %