AO DEVELOPMENT AS

7549 TANEM

Finances

Share Ownership

Return on Equity

0,3 %

Current Ratio

6,24

Debt-to-Equity Ratio

−10,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	−4 000	−108 000	−155 000	−3 855 000
Total Assets	14 622 000	14 696 000	14 714 000	14 692 000
Total Equity	−1 351 000	−1 347 000	−1 240 000	375 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	4 000	107 000	146 000	3 841 000
Operating Profit	−4 000	−108 000	−147 000	−3 841 000
Financial Income	0	0	−5 000	3 000
Financial Costs	0	0	3 000	17 000
Financial Balance	0	0	−8 000	−14 000
Earnings Before Tax	−4 000	−108 000	−155 000	−3 855 000
Tax	0	0	0	0
Net Income	−4 000	−108 000	−155 000	−3 855 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	18 000	61 000
Total Current Assets	14 622 000	14 696 000	14 696 000	14 631 000
Total Assets	14 622 000	14 696 000	14 714 000	14 692 000
Total Retained Equity	−17 791 000	−17 787 000	−17 680 000	−16 066 000
Total Equity	−1 351 000	−1 347 000	−1 240 000	375 000
Total Long-Term Debt	13 629 000	13 629 000	13 629 000	13 629 000
Total Current Debt	2 343 000	2 414 000	2 324 000	688 000
Total Equity and Debt	14 622 000	14 696 000	14 714 000	14 692 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	2 000
Salary Costs	0	0	0	1 585 000
Depreciation	0	18 000	42 000	43 000
Impairment	0	0	0	0
Expenditure	4 000	107 000	146 000	3 841 000
Operating Profit	−4 000	−108 000	−147 000	−3 841 000
Financial Income	0	0	−5 000	3 000
Financial Costs	0	0	3 000	17 000
Financial Balance	0	0	−8 000	−14 000
Dividends	0	0	0	0
Net Income	−4 000	−108 000	−155 000	−3 855 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	61 000
Total Tangible Assets	0	0	18 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	18 000	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	5 000	1 000	9 000
Total Current Assets	14 622 000	14 696 000	14 696 000	14 631 000
Total Assets	14 622 000	14 696 000	14 714 000	14 692 000
Total Equity	−1 351 000	−1 347 000	−1 240 000	375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 629 000	13 629 000	13 629 000	13 629 000
Creditors	206 000	197 000	392 000	327 000
Unpaid Taxes	13 000	11 000	11 000	−25 000
Dividends	0	0	0	0
Other Current Debt	2 125 000	2 206 000	1 922 000	386 000
Total Current Debt	2 343 000	2 414 000	2 324 000	688 000
Total Equity and Debt	14 622 000	14 696 000	14 714 000	14 692 000

Financial indicators	2021	2020	2019	2018
Return on Equity	0,3 %	8,02 %	12,5 %	−1 028 %
Debt-to-Equity Ratio	−10,09	−10,12	−10,99	36,34
Operating Profit Margin	-	-	-	-
Current Ratio	6,24	6,09	6,32	21,27
Quick Ratio	6,24	6,09	6,32	21,27
Equity Ratio	−0,09	−0,09	−0,08	0,03
Gross Profit Margin	-	-	-	-