NE DRONNINGENSGT. 49 AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

7,22 %

Current Ratio

0,56

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	412 000
Net Income	42 000	60 000	52 000	88 000
Total Assets	2 387 000	2 441 000	2 832 000	2 671 000
Total Equity	582 000	590 000	530 000	479 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	412 000
Expenditure	218 000	205 000	205 000	201 000
Operating Profit	142 000	155 000	156 000	212 000
Financial Income	0	0	0	0
Financial Costs	89 000	79 000	90 000	98 000
Financial Balance	−89 000	−79 000	−90 000	−98 000
Earnings Before Tax	53 000	76 000	66 000	113 000
Tax	12 000	17 000	15 000	25 000
Net Income	42 000	60 000	52 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 221 000	2 289 000	2 356 000	2 424 000
Total Current Assets	166 000	152 000	476 000	247 000
Total Assets	2 387 000	2 441 000	2 832 000	2 671 000
Total Retained Equity	232 000	240 000	180 000	129 000
Total Equity	582 000	590 000	530 000	479 000
Total Long-Term Debt	1 512 000	1 689 000	1 866 000	1 991 000
Total Current Debt	294 000	162 000	436 000	201 000
Total Equity and Debt	2 387 000	2 441 000	2 832 000	2 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	360 000	360 000	460 000	312 000
Other Income	0	0	−100 000	100 000
Revenue	360 000	360 000	360 000	412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	68 000	68 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	218 000	205 000	205 000	201 000
Operating Profit	142 000	155 000	156 000	212 000
Financial Income	0	0	0	0
Financial Costs	89 000	79 000	90 000	98 000
Financial Balance	−89 000	−79 000	−90 000	−98 000
Dividends	0	0	0	0
Net Income	42 000	60 000	52 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 221 000	2 289 000	2 356 000	2 424 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 221 000	2 289 000	2 356 000	2 424 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 221 000	2 289 000	2 356 000	2 424 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	152 000	174 000	54 000
Total Current Assets	166 000	152 000	476 000	247 000
Total Assets	2 387 000	2 441 000	2 832 000	2 671 000
Total Equity	582 000	590 000	530 000	479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 512 000	1 689 000	1 866 000	1 991 000
Creditors	89 000	62 000	182 000	5 000
Unpaid Taxes	83 000	75 000	96 000	74 000
Dividends	0	0	0	0
Other Current Debt	122 000	6 000	150 000	123 000
Total Current Debt	294 000	162 000	436 000	201 000
Total Equity and Debt	2 387 000	2 441 000	2 832 000	2 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,22 %	10,17 %	9,81 %	18,37 %
Debt-to-Equity Ratio	2,6	2,86	3,52	4,16
Operating Profit Margin	39,44 %	43,06 %	43,33 %	51,46 %
Current Ratio	0,56	0,94	1,09	1,23
Quick Ratio	0,56	0,94	1,09	1,23
Equity Ratio	0,24	0,24	0,19	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %