BRØDR RIECK AS

5114 TERTNES

Finances

Return on Equity

−405,4 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	48 000	0	1 411 000
Net Income	−1 727 000	−1 918 000	1 216 000	133 000
Total Assets	8 144 000	10 050 000	13 086 000	12 584 000
Total Equity	426 000	2 153 000	4 070 000	2 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	48 000	0	1 411 000
Expenditure	28 000	142 000	441 000	1 246 000
Operating Profit	−18 000	−95 000	−441 000	165 000
Financial Income	56 000	914 000	1 850 000	279 000
Financial Costs	1 768 000	2 746 000	289 000	338 000
Financial Balance	−1 712 000	−1 832 000	1 561 000	−59 000
Earnings Before Tax	−1 730 000	−1 926 000	1 119 000	106 000
Tax	−3 000	−9 000	−97 000	−27 000
Net Income	−1 727 000	−1 918 000	1 216 000	133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 000	290 000	281 000	184 000
Total Current Assets	7 851 000	9 760 000	12 805 000	12 400 000
Total Assets	8 144 000	10 050 000	13 086 000	12 584 000
Total Retained Equity	326 000	2 053 000	3 970 000	2 754 000
Total Equity	426 000	2 153 000	4 070 000	2 854 000
Total Long-Term Debt	0	0	8 737 000	9 371 000
Total Current Debt	7 718 000	7 897 000	278 000	358 000
Total Equity and Debt	8 144 000	10 050 000	13 086 000	12 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 000	48 000	0	1 411 000
Revenue	10 000	48 000	0	1 411 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	61 000	163 000	106 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	142 000	441 000	1 246 000
Operating Profit	−18 000	−95 000	−441 000	165 000
Financial Income	56 000	914 000	1 850 000	279 000
Financial Costs	1 768 000	2 746 000	289 000	338 000
Financial Balance	−1 712 000	−1 832 000	1 561 000	−59 000
Dividends	0	0	0	0
Net Income	−1 727 000	−1 918 000	1 216 000	133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	190 000	181 000	84 000
Real Eastate	100 000	100 000	100 000	100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	100 000	100 000	100 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	293 000	290 000	281 000	184 000
Stock	0	0	0	0
Total Investments	5 421 000	7 189 000	9 986 000	10 596 000
Cash, Bank	2 403 000	2 545 000	2 121 000	121 000
Total Current Assets	7 851 000	9 760 000	12 805 000	12 400 000
Total Assets	8 144 000	10 050 000	13 086 000	12 584 000
Total Equity	426 000	2 153 000	4 070 000	2 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 737 000	9 371 000
Creditors	0	212 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 718 000	7 685 000	278 000	358 000
Total Current Debt	7 718 000	7 897 000	278 000	358 000
Total Equity and Debt	8 144 000	10 050 000	13 086 000	12 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−405,4 %	−89,08 %	29,88 %	4,66 %
Debt-to-Equity Ratio	0	0	2,15	3,28
Operating Profit Margin	−180 %	−197,92 %	-	11,69 %
Current Ratio	1,02	1,24	46,06	34,64
Quick Ratio	1,02	1,24	46,06	34,64
Equity Ratio	0,05	0,21	0,31	0,23
Gross Profit Margin	100 %	100 %	-	100 %