REE FORRETNINGSDRIFT AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

4,6

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 000	308 000	295 000	631 000
Net Income	−13 000	67 000	41 000	60 000
Total Assets	1 089 000	1 177 000	1 208 000	1 370 000
Total Equity	702 000	715 000	648 000	607 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 000	308 000	295 000	631 000
Expenditure	259 000	196 000	211 000	519 000
Operating Profit	10 000	112 000	84 000	113 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	32 000	36 000
Financial Balance	−27 000	−27 000	−32 000	−36 000
Earnings Before Tax	−16 000	86 000	52 000	76 000
Tax	−4 000	19 000	12 000	17 000
Net Income	−13 000	67 000	41 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	873 000	911 000	871 000	888 000
Total Current Assets	216 000	267 000	337 000	482 000
Total Assets	1 089 000	1 177 000	1 208 000	1 370 000
Total Retained Equity	477 000	490 000	423 000	391 000
Total Equity	702 000	715 000	648 000	607 000
Total Long-Term Debt	340 000	403 000	464 000	525 000
Total Current Debt	47 000	59 000	96 000	238 000
Total Equity and Debt	1 089 000	1 177 000	1 208 000	1 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	336 000
Other Income	269 000	308 000	295 000	296 000
Revenue	269 000	308 000	295 000	631 000
Cost of Goods Sold	42 000	7 000	0	0
Salary Costs	0	0	17 000	364 000
Depreciation	38 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	259 000	196 000	211 000	519 000
Operating Profit	10 000	112 000	84 000	113 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	32 000	36 000
Financial Balance	−27 000	−27 000	−32 000	−36 000
Dividends	0	0	0	0
Net Income	−13 000	67 000	41 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	775 000	813 000	851 000	888 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	98 000	20 000	0
Total Tangible Assets	873 000	911 000	871 000	888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	873 000	911 000	871 000	888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	175 000	206 000	301 000	436 000
Total Current Assets	216 000	267 000	337 000	482 000
Total Assets	1 089 000	1 177 000	1 208 000	1 370 000
Total Equity	702 000	715 000	648 000	607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	340 000	403 000	464 000	525 000
Creditors	27 000	17 000	23 000	0
Unpaid Taxes	2 000	3 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	18 000	17 000	59 000	220 000
Total Current Debt	47 000	59 000	96 000	238 000
Total Equity and Debt	1 089 000	1 177 000	1 208 000	1 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	9,37 %	6,33 %	9,88 %
Debt-to-Equity Ratio	0,48	0,56	0,72	0,86
Operating Profit Margin	3,72 %	36,36 %	28,47 %	17,91 %
Current Ratio	4,6	4,53	3,51	2,03
Quick Ratio	4,6	4,53	3,51	2,03
Equity Ratio	0,64	0,61	0,54	0,44
Gross Profit Margin	84,39 %	97,73 %	100 %	100 %