REAL ESTATE NORWAY AS

5259 HJELLESTAD

Finances

Share Ownership

Return on Equity

−10,16 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	990 000	1 127 000	2 595 000
Net Income	−69 000	−725 000	−1 905 000	686 000
Total Assets	3 022 000	3 308 000	1 997 000	5 350 000
Total Equity	679 000	183 000	−1 094 000	811 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	990 000	1 127 000	2 595 000
Expenditure	158 000	1 711 000	3 198 000	1 698 000
Operating Profit	−62 000	−721 000	−2 072 000	897 000
Financial Income	1 000	12 000	136 000	0
Financial Costs	7 000	16 000	23 000	1 000
Financial Balance	−6 000	−4 000	113 000	−1 000
Earnings Before Tax	−69 000	−725 000	−1 958 000	896 000
Tax	0	0	−53 000	210 000
Net Income	−69 000	−725 000	−1 905 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	18 000	44 000
Total Current Assets	3 022 000	3 308 000	1 980 000	5 306 000
Total Assets	3 022 000	3 308 000	1 997 000	5 350 000
Total Retained Equity	189 000	−307 000	−1 584 000	321 000
Total Equity	679 000	183 000	−1 094 000	811 000
Total Long-Term Debt	0	0	0	53 000
Total Current Debt	2 343 000	3 124 000	3 092 000	4 486 000
Total Equity and Debt	3 022 000	3 308 000	1 997 000	5 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	990 000	1 127 000	2 595 000
Other Income	0	0	0	0
Revenue	96 000	990 000	1 127 000	2 595 000
Cost of Goods Sold	60 000	201 000	131 000	189 000
Salary Costs	0	768 000	977 000	598 000
Depreciation	0	18 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	158 000	1 711 000	3 198 000	1 698 000
Operating Profit	−62 000	−721 000	−2 072 000	897 000
Financial Income	1 000	12 000	136 000	0
Financial Costs	7 000	16 000	23 000	1 000
Financial Balance	−6 000	−4 000	113 000	−1 000
Dividends	0	0	0	0
Net Income	−69 000	−725 000	−1 905 000	686 000

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	18 000	44 000
Total Tangible Assets	0	0	18 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	18 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	34 000	58 000	55 000
Total Current Assets	3 022 000	3 308 000	1 980 000	5 306 000
Total Assets	3 022 000	3 308 000	1 997 000	5 350 000
Total Equity	679 000	183 000	−1 094 000	811 000
Short-Term Group Debt	1 985 000	1 723 000	2 210 000	2 013 000
Total Long-Term Debt	0	0	0	53 000
Creditors	−75 000	267 000	264 000	534 000
Unpaid Taxes	16 000	89 000	99 000	176 000
Dividends	0	0	0	0
Other Current Debt	417 000	480 000	519 000	1 763 000
Total Current Debt	2 343 000	3 124 000	3 092 000	4 486 000
Total Equity and Debt	3 022 000	3 308 000	1 997 000	5 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,16 %	−396,17 %	174,13 %	84,59 %
Debt-to-Equity Ratio	0	0	−0	0,07
Operating Profit Margin	−64,58 %	−72,83 %	−183,85 %	34,57 %
Current Ratio	1,29	1,06	0,64	1,18
Quick Ratio	1,29	1,06	0,64	1,18
Equity Ratio	0,22	0,06	−0,55	0,15
Gross Profit Margin	37,5 %	79,7 %	88,38 %	92,72 %