NRE NORWAY AS

0278 OSLO

Finances

Return on Equity

5,98 %

Current Ratio

1,56

Debt-to-Equity Ratio

−2,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 383 000	2 808 000	1 300 000	1 982 000
Net Income	−979 000	3 266 000	−1 969 000	−2 608 000
Total Assets	29 868 000	29 832 000	14 415 000	12 149 000
Total Equity	−16 384 000	−15 405 000	−18 671 000	−16 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 383 000	2 808 000	1 300 000	1 982 000
Expenditure	8 497 000	6 663 000	3 039 000	7 096 000
Operating Profit	−6 115 000	−3 855 000	−1 739 000	−5 114 000
Financial Income	8 755 000	7 873 000	17 000	3 043 000
Financial Costs	3 619 000	752 000	248 000	537 000
Financial Balance	5 136 000	7 121 000	−231 000	2 506 000
Earnings Before Tax	−979 000	3 266 000	−1 969 000	−2 608 000
Tax	0	0	0	0
Net Income	−979 000	3 266 000	−1 969 000	−2 608 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 782 000	21 038 000	4 614 000	4 638 000
Total Current Assets	2 086 000	8 793 000	9 800 000	7 511 000
Total Assets	29 868 000	29 832 000	14 415 000	12 149 000
Total Retained Equity	−16 484 000	−15 505 000	−18 771 000	−16 801 000
Total Equity	−16 384 000	−15 405 000	−18 671 000	−16 701 000
Total Long-Term Debt	44 917 000	44 209 000	31 837 000	27 067 000
Total Current Debt	1 335 000	1 027 000	1 249 000	1 783 000
Total Equity and Debt	29 868 000	29 832 000	14 415 000	12 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	65 000	782 000
Other Income	2 383 000	2 808 000	1 235 000	1 200 000
Revenue	2 383 000	2 808 000	1 300 000	1 982 000
Cost of Goods Sold	3 000	1 000	733 000	782 000
Salary Costs	6 310 000	4 808 000	1 629 000	4 635 000
Depreciation	15 000	71 000	24 000	71 000
Impairment	0	0	0	0
Expenditure	8 497 000	6 663 000	3 039 000	7 096 000
Operating Profit	−6 115 000	−3 855 000	−1 739 000	−5 114 000
Financial Income	8 755 000	7 873 000	17 000	3 043 000
Financial Costs	3 619 000	752 000	248 000	537 000
Financial Balance	5 136 000	7 121 000	−231 000	2 506 000
Dividends	0	0	0	0
Net Income	−979 000	3 266 000	−1 969 000	−2 608 000

Balance details (NOK)	2022	2021	2020	2019
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	15 000	86 000	110 000
Total Tangible Assets	0	15 000	86 000	110 000
Total Fiancial Fixed Assets	27 782 000	21 023 000	4 528 000	4 528 000
Total Fixed Assets	27 782 000	21 038 000	4 614 000	4 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 603 000	2 612 000	580 000	983 000
Total Current Assets	2 086 000	8 793 000	9 800 000	7 511 000
Total Assets	29 868 000	29 832 000	14 415 000	12 149 000
Total Equity	−16 384 000	−15 405 000	−18 671 000	−16 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 917 000	44 209 000	31 837 000	27 067 000
Creditors	121 000	171 000	85 000	434 000
Unpaid Taxes	642 000	396 000	663 000	298 000
Dividends	0	0	0	0
Other Current Debt	572 000	460 000	501 000	1 051 000
Total Current Debt	1 335 000	1 027 000	1 249 000	1 783 000
Total Equity and Debt	29 868 000	29 832 000	14 415 000	12 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	−21,2 %	10,55 %	15,62 %
Debt-to-Equity Ratio	−2,74	−2,87	−1,71	−1,62
Operating Profit Margin	−256,61 %	−137,29 %	−133,77 %	−258,02 %
Current Ratio	1,56	8,56	7,85	4,21
Quick Ratio	1,56	8,56	7,85	4,21
Equity Ratio	−0,55	−0,52	−1,3	−1,37
Gross Profit Margin	99,87 %	99,96 %	43,62 %	60,54 %