PHOENIX INVESTMENTS AS

5012 BERGEN

Finances

Return on Equity

−30,37 %

Current Ratio

18,71

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	705 000	1 090 000	1 277 000	1 239 000
Net Income	−1 021 000	−56 000	202 000	265 000
Total Assets	10 797 000	16 517 000	17 066 000	16 667 000
Total Equity	3 362 000	4 383 000	4 463 000	4 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	705 000	1 090 000	1 277 000	1 239 000
Expenditure	1 165 000	789 000	722 000	578 000
Operating Profit	−460 000	300 000	555 000	661 000
Financial Income	1 000	199 000	291 000	184 000
Financial Costs	561 000	533 000	623 000	514 000
Financial Balance	−560 000	−334 000	−332 000	−330 000
Earnings Before Tax	−1 021 000	−34 000	223 000	331 000
Tax	0	23 000	21 000	66 000
Net Income	−1 021 000	−56 000	202 000	265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 535 000	10 426 000	15 964 000	15 964 000
Total Current Assets	262 000	6 091 000	1 102 000	703 000
Total Assets	10 797 000	16 517 000	17 066 000	16 667 000
Total Retained Equity	3 000	3 000	2 463 000	2 261 000
Total Equity	3 362 000	4 383 000	4 463 000	4 261 000
Total Long-Term Debt	7 420 000	11 671 000	12 159 000	11 560 000
Total Current Debt	14 000	462 000	444 000	846 000
Total Equity and Debt	10 797 000	16 517 000	17 066 000	16 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	12 000	1 277 000	1 239 000
Other Income	686 000	1 078 000	0	0
Revenue	705 000	1 090 000	1 277 000	1 239 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 165 000	789 000	722 000	578 000
Operating Profit	−460 000	300 000	555 000	661 000
Financial Income	1 000	199 000	291 000	184 000
Financial Costs	561 000	533 000	623 000	514 000
Financial Balance	−560 000	−334 000	−332 000	−330 000
Dividends	0	0	0	0
Net Income	−1 021 000	−56 000	202 000	265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 411 000	10 411 000	15 964 000	15 964 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 411 000	10 411 000	15 964 000	15 964 000
Total Fiancial Fixed Assets	124 000	15 000	0	0
Total Fixed Assets	10 535 000	10 426 000	15 964 000	15 964 000
Stock	0	0	0	0
Total Investments	125 000	467 000	750 000	540 000
Cash, Bank	137 000	51 000	344 000	148 000
Total Current Assets	262 000	6 091 000	1 102 000	703 000
Total Assets	10 797 000	16 517 000	17 066 000	16 667 000
Total Equity	3 362 000	4 383 000	4 463 000	4 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 420 000	11 671 000	12 159 000	11 560 000
Creditors	0	13 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	427 000	423 000	780 000
Total Current Debt	14 000	462 000	444 000	846 000
Total Equity and Debt	10 797 000	16 517 000	17 066 000	16 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,37 %	−1,28 %	4,53 %	6,22 %
Debt-to-Equity Ratio	2,21	2,66	2,72	2,71
Operating Profit Margin	−65,25 %	27,52 %	43,46 %	53,35 %
Current Ratio	18,71	13,18	2,48	0,83
Quick Ratio	18,71	13,18	2,48	0,83
Equity Ratio	0,31	0,27	0,26	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %