NARRAGANSETT INVEST AS

3425 REISTAD

Finances

Return on Equity

−294,07 %

Current Ratio

0,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 664 000	5 505 000	−264 000	−22 000
Total Assets	2 001 000	6 440 000	899 000	1 260 000
Total Equity	1 586 000	6 249 000	745 000	1 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	7 000	14 000	21 000
Operating Profit	0	−7 000	−14 000	−21 000
Financial Income	0	5 510 000	200 000	0
Financial Costs	4 664 000	0	450 000	1 000
Financial Balance	−4 664 000	5 510 000	−250 000	−1 000
Earnings Before Tax	−4 664 000	5 503 000	−264 000	−22 000
Tax	0	−2 000	0	0
Net Income	−4 664 000	5 505 000	−264 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 976 000	6 418 000	654 000	994 000
Total Current Assets	25 000	22 000	245 000	267 000
Total Assets	2 001 000	6 440 000	899 000	1 260 000
Total Retained Equity	1 556 000	6 219 000	715 000	979 000
Total Equity	1 586 000	6 249 000	745 000	1 009 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	415 000	190 000	154 000	251 000
Total Equity and Debt	2 001 000	6 440 000	899 000	1 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	7 000	14 000	21 000
Operating Profit	0	−7 000	−14 000	−21 000
Financial Income	0	5 510 000	200 000	0
Financial Costs	4 664 000	0	450 000	1 000
Financial Balance	−4 664 000	5 510 000	−250 000	−1 000
Dividends	0	0	0	0
Net Income	−4 664 000	5 505 000	−264 000	−22 000

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	1 976 000	6 418 000	654 000	994 000
Total Fixed Assets	1 976 000	6 418 000	654 000	994 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	22 000	245 000	17 000
Total Current Assets	25 000	22 000	245 000	267 000
Total Assets	2 001 000	6 440 000	899 000	1 260 000
Total Equity	1 586 000	6 249 000	745 000	1 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	415 000	190 000	154 000	244 000
Total Current Debt	415 000	190 000	154 000	251 000
Total Equity and Debt	2 001 000	6 440 000	899 000	1 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−294,07 %	88,09 %	−35,44 %	−2,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,06	0,12	1,59	1,06
Quick Ratio	0,06	0,12	1,59	1,06
Equity Ratio	0,79	0,97	0,83	0,8
Gross Profit Margin	-	-	-	-