ENGELSMINNEGATE 24 DA

4008 STAVANGER

Finances

Share Ownership

Return on Equity

−4,95 %

Current Ratio

1,32

Debt-to-Equity Ratio

4,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	771 000	737 000	714 000	596 000
Net Income	−36 000	60 000	169 000	−62 000
Total Assets	5 142 000	5 415 000	5 593 000	5 492 000
Total Equity	727 000	763 000	703 000	534 000

Income (NOK)	2022	2021	2020	2019
Revenue	771 000	737 000	714 000	596 000
Expenditure	637 000	560 000	403 000	494 000
Operating Profit	134 000	177 000	311 000	102 000
Financial Income	0	0	0	0
Financial Costs	170 000	117 000	142 000	164 000
Financial Balance	−170 000	−117 000	−142 000	−164 000
Earnings Before Tax	−36 000	60 000	169 000	−62 000
Tax	0	0	0	0
Net Income	−36 000	60 000	169 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 995 000	3 975 000	4 050 000	4 125 000
Total Current Assets	1 147 000	1 440 000	1 543 000	1 368 000
Total Assets	5 142 000	5 415 000	5 593 000	5 492 000
Total Retained Equity	727 000	763 000	703 000	534 000
Total Equity	727 000	763 000	703 000	534 000
Total Long-Term Debt	3 544 000	3 744 000	3 944 000	3 944 000
Total Current Debt	870 000	907 000	945 000	1 014 000
Total Equity and Debt	5 142 000	5 415 000	5 593 000	5 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 000	224 000	180 000	0
Other Income	541 000	513 000	534 000	596 000
Revenue	771 000	737 000	714 000	596 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	76 000	75 000	75 000	75 000
Impairment	0	0	0	0
Expenditure	637 000	560 000	403 000	494 000
Operating Profit	134 000	177 000	311 000	102 000
Financial Income	0	0	0	0
Financial Costs	170 000	117 000	142 000	164 000
Financial Balance	−170 000	−117 000	−142 000	−164 000
Dividends	0	0	0	0
Net Income	−36 000	60 000	169 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 849 000	3 903 000	3 957 000	4 011 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	72 000	93 000	114 000
Total Tangible Assets	3 995 000	3 975 000	4 050 000	4 125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 995 000	3 975 000	4 050 000	4 125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	283 000	530 000	181 000	16 000
Total Current Assets	1 147 000	1 440 000	1 543 000	1 368 000
Total Assets	5 142 000	5 415 000	5 593 000	5 492 000
Total Equity	727 000	763 000	703 000	534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 544 000	3 744 000	3 944 000	3 944 000
Creditors	0	0	0	67 000
Unpaid Taxes	2 000	15 000	10 000	−4 000
Dividends	0	0	0	0
Other Current Debt	47 000	25 000	23 000	39 000
Total Current Debt	870 000	907 000	945 000	1 014 000
Total Equity and Debt	5 142 000	5 415 000	5 593 000	5 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,95 %	7,86 %	24,04 %	−11,61 %
Debt-to-Equity Ratio	4,87	4,91	5,61	7,39
Operating Profit Margin	17,38 %	24,02 %	43,56 %	17,11 %
Current Ratio	1,32	1,59	1,63	1,35
Quick Ratio	1,32	1,59	1,63	1,35
Equity Ratio	0,14	0,14	0,13	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %