REE ERIKSEN CO. AS

1344 HASLUM

Finances

Return on Equity

−5,23 %

Current Ratio

8,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 000	650 000	526 000	2 238 000
Net Income	−46 000	485 000	−514 000	746 000
Total Assets	901 000	1 003 000	622 000	1 534 000
Total Equity	879 000	925 000	440 000	953 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 000	650 000	526 000	2 238 000
Expenditure	168 000	323 000	875 000	1 282 000
Operating Profit	43 000	327 000	−349 000	956 000
Financial Income	1 000	0	0	0
Financial Costs	85 000	0	6 000	0
Financial Balance	−84 000	0	−6 000	0
Earnings Before Tax	−41 000	327 000	−354 000	956 000
Tax	5 000	−158 000	159 000	210 000
Net Income	−46 000	485 000	−514 000	746 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	718 000	801 000	303 000	0
Total Current Assets	183 000	202 000	319 000	1 534 000
Total Assets	901 000	1 003 000	622 000	1 534 000
Total Retained Equity	849 000	900 000	415 000	929 000
Total Equity	879 000	925 000	440 000	953 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	78 000	182 000	581 000
Total Equity and Debt	901 000	1 003 000	622 000	1 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 000	650 000	525 000	2 238 000
Other Income	0	0	2 000	0
Revenue	211 000	650 000	526 000	2 238 000
Cost of Goods Sold	0	0	0	0
Salary Costs	90 000	263 000	793 000	1 166 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	323 000	875 000	1 282 000
Operating Profit	43 000	327 000	−349 000	956 000
Financial Income	1 000	0	0	0
Financial Costs	85 000	0	6 000	0
Financial Balance	−84 000	0	−6 000	0
Dividends	0	0	0	0
Net Income	−46 000	485 000	−514 000	746 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	718 000	801 000	303 000	0
Total Fixed Assets	718 000	801 000	303 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	164 000	139 000	319 000	898 000
Total Current Assets	183 000	202 000	319 000	1 534 000
Total Assets	901 000	1 003 000	622 000	1 534 000
Total Equity	879 000	925 000	440 000	953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	−45 000	−55 000
Unpaid Taxes	4 000	66 000	0	361 000
Dividends	0	0	0	0
Other Current Debt	13 000	12 000	14 000	10 000
Total Current Debt	22 000	78 000	182 000	581 000
Total Equity and Debt	901 000	1 003 000	622 000	1 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,23 %	52,43 %	−116,82 %	78,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,38 %	50,31 %	−66,35 %	42,72 %
Current Ratio	8,32	2,59	1,75	2,64
Quick Ratio	8,32	2,59	1,75	2,64
Equity Ratio	0,98	0,92	0,71	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %