KOLSETH INVEST AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−2,61 %

Current Ratio

27,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	102 000	222 000	102 000
Net Income	−250 000	−241 000	−4 167 000	−187 000
Total Assets	9 586 000	9 833 000	10 074 000	14 373 000
Total Equity	9 571 000	9 821 000	10 062 000	14 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	102 000	222 000	102 000
Expenditure	412 000	396 000	4 458 000	408 000
Operating Profit	−310 000	−293 000	−4 236 000	−306 000
Financial Income	60 000	53 000	72 000	419 000
Financial Costs	1 000	1 000	2 000	300 000
Financial Balance	59 000	52 000	70 000	119 000
Earnings Before Tax	−250 000	−241 000	−4 167 000	−187 000
Tax	0	0	0	0
Net Income	−250 000	−241 000	−4 167 000	−187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 176 000	9 385 000	9 536 000	13 911 000
Total Current Assets	410 000	448 000	538 000	462 000
Total Assets	9 586 000	9 833 000	10 074 000	14 373 000
Total Retained Equity	7 931 000	8 181 000	8 422 000	12 689 000
Total Equity	9 571 000	9 821 000	10 062 000	14 329 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	12 000	11 000	44 000
Total Equity and Debt	9 586 000	9 833 000	10 074 000	14 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	102 000	102 000	222 000	102 000
Revenue	102 000	102 000	222 000	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	159 000	105 000	105 000	105 000
Impairment	0	0	0	0
Expenditure	412 000	396 000	4 458 000	408 000
Operating Profit	−310 000	−293 000	−4 236 000	−306 000
Financial Income	60 000	53 000	72 000	419 000
Financial Costs	1 000	1 000	2 000	300 000
Financial Balance	59 000	52 000	70 000	119 000
Dividends	0	0	100 000	160 000
Net Income	−250 000	−241 000	−4 167 000	−187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 032 000	4 122 000	4 211 000	4 301 000
Machinery and Plant Facilities	0	2 283 000	2 298 000	2 559 000
Fixtures	2 213 000	0	0	0
Total Tangible Assets	6 245 000	6 404 000	6 509 000	6 860 000
Total Fiancial Fixed Assets	2 931 000	2 981 000	3 027 000	7 051 000
Total Fixed Assets	9 176 000	9 385 000	9 536 000	13 911 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	10 000	5 000	53 000
Total Current Assets	410 000	448 000	538 000	462 000
Total Assets	9 586 000	9 833 000	10 074 000	14 373 000
Total Equity	9 571 000	9 821 000	10 062 000	14 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	1 000	0	44 000
Unpaid Taxes	8 000	11 000	11 000	0
Dividends	0	0	100 000	160 000
Other Current Debt	0	0	0	0
Total Current Debt	15 000	12 000	11 000	44 000
Total Equity and Debt	9 586 000	9 833 000	10 074 000	14 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,61 %	−2,45 %	−41,41 %	−1,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−303,92 %	−287,25 %	−1 908,11 %	−300 %
Current Ratio	27,33	37,33	48,91	10,5
Quick Ratio	27,33	37,33	48,91	10,5
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %