APARTMENTS INVEST AS

0191 OSLO

Finances

Return on Equity

16,34 %

Current Ratio

0,62

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 919 000	141 265 000	82 776 000	93 309 000
Net Income	5 619 000	−2 036 000	2 451 000	7 089 000
Total Assets	170 776 000	190 654 000	141 311 000	132 665 000
Total Equity	34 395 000	28 971 000	31 120 000	28 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 919 000	141 265 000	82 776 000	93 309 000
Expenditure	183 720 000	140 796 000	75 780 000	81 256 000
Operating Profit	11 198 000	469 000	6 995 000	12 053 000
Financial Income	53 000	417 000	56 000	44 000
Financial Costs	4 429 000	3 196 000	2 951 000	2 944 000
Financial Balance	−4 376 000	−2 779 000	−2 895 000	−2 900 000
Earnings Before Tax	6 823 000	−2 310 000	4 100 000	9 152 000
Tax	1 204 000	−273 000	1 649 000	2 064 000
Net Income	5 619 000	−2 036 000	2 451 000	7 089 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 245 000	138 723 000	121 212 000	119 547 000
Total Current Assets	25 531 000	51 931 000	20 100 000	13 118 000
Total Assets	170 776 000	190 654 000	141 311 000	132 665 000
Total Retained Equity	32 050 000	26 625 000	28 775 000	26 753 000
Total Equity	34 395 000	28 971 000	31 120 000	28 652 000
Total Long-Term Debt	95 127 000	125 438 000	93 690 000	90 118 000
Total Current Debt	41 254 000	36 246 000	16 501 000	13 894 000
Total Equity and Debt	170 776 000	190 654 000	141 311 000	132 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	194 919 000	141 265 000	82 776 000	93 309 000
Revenue	194 919 000	141 265 000	82 776 000	93 309 000
Cost of Goods Sold	84 075 000	64 775 000	56 902 000	57 951 000
Salary Costs	41 599 000	25 512 000	12 818 000	16 694 000
Depreciation	3 812 000	4 121 000	611 000	394 000
Impairment	0	0	0	0
Expenditure	183 720 000	140 796 000	75 780 000	81 256 000
Operating Profit	11 198 000	469 000	6 995 000	12 053 000
Financial Income	53 000	417 000	56 000	44 000
Financial Costs	4 429 000	3 196 000	2 951 000	2 944 000
Financial Balance	−4 376 000	−2 779 000	−2 895 000	−2 900 000
Dividends	0	0	0	0
Net Income	5 619 000	−2 036 000	2 451 000	7 089 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	407 000	552 000	714 000	0
Total Intangible Assets	29 405 000	28 694 000	780 000	0
Real Eastate	103 618 000	103 824 000	119 842 000	117 959 000
Machinery and Plant Facilities	7 000	20 000	0	0
Fixtures	7 635 000	2 254 000	371 000	779 000
Total Tangible Assets	111 260 000	106 097 000	120 213 000	118 738 000
Total Fiancial Fixed Assets	4 580 000	3 931 000	219 000	809 000
Total Fixed Assets	145 245 000	138 723 000	121 212 000	119 547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 783 000	35 199 000	11 221 000	10 743 000
Total Current Assets	25 531 000	51 931 000	20 100 000	13 118 000
Total Assets	170 776 000	190 654 000	141 311 000	132 665 000
Total Equity	34 395 000	28 971 000	31 120 000	28 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 127 000	125 438 000	93 690 000	90 118 000
Creditors	15 170 000	17 005 000	1 276 000	1 362 000
Unpaid Taxes	4 873 000	4 141 000	3 470 000	3 810 000
Dividends	0	0	0	0
Other Current Debt	18 062 000	15 100 000	10 346 000	7 118 000
Total Current Debt	41 254 000	36 246 000	16 501 000	13 894 000
Total Equity and Debt	170 776 000	190 654 000	141 311 000	132 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,34 %	−7,03 %	7,88 %	24,74 %
Debt-to-Equity Ratio	2,77	4,33	3,01	3,15
Operating Profit Margin	5,74 %	0,33 %	8,45 %	12,92 %
Current Ratio	0,62	1,43	1,22	0,94
Quick Ratio	0,62	1,43	1,22	0,94
Equity Ratio	0,2	0,15	0,22	0,22
Gross Profit Margin	56,87 %	54,15 %	31,26 %	37,89 %