New Amsterdam Invest N.V. Netherlands
07.08.2025 - 18:09:06New Amsterdam Invest N.V. annual results and report 2023
as at 31 December 2023
(*€1,000)
31 December
2023
31 December
2022
Assets
Non-current assets
Investment property
77,416
0
Property, plant and equipment
6
12
Deferred tax assets
735
0
Total non-current assets
78,158
12
Current assets
Accounts receivable
516
0
Value added tax receivable
10
176
Escrow account
0
48,436
Current account participant
0
7
Current account investors
130
0
Other assets and prepaid expenses
145
137
Cash and cash equivalents
5,490
16
Total current assets
6,292
48,772
Total assets
84,450
48,784
Statement of Consolidated Financial Position
as at 31 December 2023
(*€ 1,000)
31 December
2023
31 December
2022
Equity and Liabilities
Equity
Share capital
247
247
Share premium
49,762
49,419
Revaluation reserve
0
0
Currency translation reserve
-610
0
General reserves
-5,970
-1,146
Attributable to owners of the parent
43,430
48,520
Non-controlling interest
840
0
Total equity
44,270
48,520
Non-current liabilities
Loans bank
35,393
0
Deferred tax liability
116
0
Total non-current liabilities
35,509
0
Current liabilities
Trade payables
136
20
Tax liabilities
105
0
Current account related party
0
104
Deferred rental income
760
0
Loan related party USA
2,201
0
Other short-term liabilities
1,468
140
Total current liabilities
4,671
264
Total liabilities
40,180
264
Total equity and liabilities
84,450
48,784
Statement of Consolidated Profit and Loss
for the year ended 31 December 2023
(*€1,000)
2023
2022
Rental income
4,586
0
Direct related costs
-861
0
Net Rental income
3,725
0
Revaluation of investment property
4,929
0
Legal and professional fees
1,137
55
Personnel expenses
665
1,592
Administrative and overhead expenses
708
129
General expenses
256
271
Other expenses
852
0
Total expenses
8,547
2,047
Operating result
-4,823
-2,047
Financial income and expense
-578
-33
Result before tax
-5,401
-2,080
Income tax
605
0
Result for the period
-4,796
-2,080
Result attributable to:
Shareholders
-4,907
-2,080
Non-controlling interest
111
0
Result for the period
-4,796
-2,080
Basic earnings per share (*€1)
-0.97
-0.24
Diluted earnings per share (*€1)
-0.97
-0.24
3. Statement of Consolidated Comprehensive Income
for the year ended 31 December 2023
(*€1,000)
2023
2022
Result for the period
-4,796
-2,080
Items which may be recycled to profit or loss (net of tax)
Exchange differences
-693
0
Total comprehensive income
-5,489
-2,080
Attributable to:
Shareholders
-5,517
-2,080
Non-controlling interest
28
0
Total comprehensive income
-5,489
-2,080
4. Statement of Consolidated Cash Flows
for the year ended 31 December 2023
(*€1,000)
2023
2022
Operating activities
Result before tax
-5,401
-2,080
Adjustments
Depreciation
7
6
Share-based payment expense
84
1,416
Revaluation of investment property
4,929
0
Financial income and expense
537
33
Total adjustments
5,557
1,455
Changes in working capital
Increase current liabilities
1,123
57
Increase current assets excluding cash and cash equivalents
152
-186
Increase in trade payables
-61
0
Total changes in working capital
1,214
-129
Cash generated from/(used in) operations
1,370
-754
Interest paid
-816
0
Interest received
514
0
Income taxes paid
0
0
Cash flow from operating activities
1,068
-754
Investing activities
Investments in investment property, net of cash acquired
-54,093
0
Investments in property, plant and equipment
-1
-1
Release from escrow account
48,437
0
Cash flow from investing activities
-5,657
-1
Financing activities
Proceeds from additional promoter contribution
335
747
Repayment of current account related party
-104
0
Proceeds from loans
33,827
0
Repayment of loans
-23,956
0
Cash flow from financing activities
10,102
747
Movement Cash and cash equivalents
5,513
-8
Cash and cash equivalents as at 1 January
16
24
Exchange differences
-39
0
Cash and cash equivalents as at 31 December
5,490
16
5. Statement of Consolidated Changes in Equity
for the year ended 31 December 2023
(*€1,000)
Share
capital
Share
premium
Currency
Translation
Reserve
General
reserve
Total
attributable to
shareholders
Non-controlling
interest
Total
Equity
247
49,419
0
-1,146
48,520
0
48,520
Balance at 31 December 2022
Result for the year
0
0
0
-4,907
-4,907
111
-4,796
Other comprehensive income
0
0
-610
0
-610
-83
-693
Total comprehensive income
0
0
-610
-4,907
-5,517
28
-5,489
Non-controlling interest acquired
0
0
0
0
0
812
812
Additional promoter contribution
0
343
0
0
343
0
343
Equity settled share-based payments
0
0
0
84
84
0
84
Balance at 31 December 2023
247
49,762
-610
-5,970
43,430
840
44,270
Statement of Consolidated Changes in Equity
for the year ended 31 December 2022
(*€1,000)
Share
capital
Share
premium
Currency
Translation
Reserve
General reserve
Total
attributable to
shareholders
Non-controlling
interest
Total
Equity
247
48,672
0
-482
48,437
0
48,437
Balance at 31 December 2021
Result for the year 2022
0
0
0
-2,080
-2,080
0
-2,080
Other comprehensive income for the year
0
0
0
0
0
0
0
Total comprehensive income
0
0
0
-2,080
-2,080
0
-2,080
Additional promoter contribution
0
747
0
0
747
0
747
Equity settled share-based payments
0
0
0
1,416
1,416
0
1,416
Balance at 31 December 2022
247
49,419
0
-1,146
48,520
0
48,520
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