C UTLEIE AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

8,46 %

Current Ratio

0,04

Debt-to-Equity Ratio

−3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 241 000	2 675 000	11 844 000
Net Income	−711 000	−5 085 000	−229 000	−5 842 000
Total Assets	21 695 000	22 995 000	33 118 000	40 245 000
Total Equity	−8 404 000	−7 692 000	−2 607 000	−2 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 241 000	2 675 000	11 844 000
Expenditure	791 000	5 087 000	1 503 000	11 293 000
Operating Profit	586 000	−3 846 000	1 171 000	552 000
Financial Income	0	2 000	6 000	6 987 000
Financial Costs	1 298 000	1 242 000	1 406 000	12 942 000
Financial Balance	−1 298 000	−1 240 000	−1 400 000	−5 955 000
Earnings Before Tax	−711 000	−5 085 000	−229 000	−5 403 000
Tax	0	0	0	439 000
Net Income	−711 000	−5 085 000	−229 000	−5 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 594 000	22 581 000	32 507 000	38 570 000
Total Current Assets	101 000	414 000	611 000	1 675 000
Total Assets	21 695 000	22 995 000	33 118 000	40 245 000
Total Retained Equity	−10 434 000	−9 722 000	−4 637 000	−4 408 000
Total Equity	−8 404 000	−7 692 000	−2 607 000	−2 378 000
Total Long-Term Debt	27 232 000	27 783 000	32 302 000	38 146 000
Total Current Debt	2 866 000	2 905 000	3 423 000	4 477 000
Total Equity and Debt	21 695 000	22 995 000	33 118 000	40 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	−30 000	99 000	9 879 000
Other Income	1 372 000	1 271 000	2 576 000	1 965 000
Revenue	1 377 000	1 241 000	2 675 000	11 844 000
Cost of Goods Sold	15 000	44 000	37 000	10 033 000
Salary Costs	0	0	0	12 000
Depreciation	17 000	67 000	86 000	135 000
Impairment	0	0	0	0
Expenditure	791 000	5 087 000	1 503 000	11 293 000
Operating Profit	586 000	−3 846 000	1 171 000	552 000
Financial Income	0	2 000	6 000	6 987 000
Financial Costs	1 298 000	1 242 000	1 406 000	12 942 000
Financial Balance	−1 298 000	−1 240 000	−1 400 000	−5 955 000
Dividends	0	0	0	0
Net Income	−711 000	−5 085 000	−229 000	−5 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 900 000	19 900 000	29 215 000	35 844 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	558 000	625 000	1 242 000
Total Tangible Assets	19 900 000	20 458 000	29 840 000	37 086 000
Total Fiancial Fixed Assets	1 694 000	2 123 000	2 667 000	1 484 000
Total Fixed Assets	21 594 000	22 581 000	32 507 000	38 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	159 000	45 000	381 000
Total Current Assets	101 000	414 000	611 000	1 675 000
Total Assets	21 695 000	22 995 000	33 118 000	40 245 000
Total Equity	−8 404 000	−7 692 000	−2 607 000	−2 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 232 000	27 783 000	32 302 000	38 146 000
Creditors	200 000	136 000	366 000	93 000
Unpaid Taxes	0	189 000	233 000	0
Dividends	0	0	0	0
Other Current Debt	2 666 000	2 581 000	2 825 000	4 384 000
Total Current Debt	2 866 000	2 905 000	3 423 000	4 477 000
Total Equity and Debt	21 695 000	22 995 000	33 118 000	40 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,46 %	66,11 %	8,78 %	245,67 %
Debt-to-Equity Ratio	−3,24	−3,61	−12,39	−16,04
Operating Profit Margin	42,56 %	−309,91 %	43,78 %	4,66 %
Current Ratio	0,04	0,14	0,18	0,37
Quick Ratio	0,04	0,14	0,18	0,37
Equity Ratio	−0,39	−0,33	−0,08	−0,06
Gross Profit Margin	98,91 %	96,45 %	98,62 %	15,29 %