REINE AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−442,31 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	50 000	0	0
Net Income	−345 000	0	−50 000	−50 000
Total Assets	137 000	1 673 000	1 623 000	1 623 000
Total Equity	78 000	423 000	423 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	50 000	0	0
Expenditure	0	0	0	0
Operating Profit	150 000	50 000	0	0
Financial Income	150 000	0	0	0
Financial Costs	623 000	50 000	50 000	50 000
Financial Balance	−473 000	−50 000	−50 000	−50 000
Earnings Before Tax	−323 000	0	−50 000	−50 000
Tax	22 000	0	0	0
Net Income	−345 000	0	−50 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 623 000	1 623 000	1 623 000
Total Current Assets	137 000	50 000	0	0
Total Assets	137 000	1 673 000	1 623 000	1 623 000
Total Retained Equity	−545 000	−200 000	−200 000	−150 000
Total Equity	78 000	423 000	423 000	473 000
Total Long-Term Debt	0	1 250 000	1 200 000	1 150 000
Total Current Debt	59 000	0	0	0
Total Equity and Debt	137 000	1 673 000	1 623 000	1 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	50 000	0	0
Other Income	0	0	0	0
Revenue	150 000	50 000	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	0	0	0
Operating Profit	150 000	50 000	0	0
Financial Income	150 000	0	0	0
Financial Costs	623 000	50 000	50 000	50 000
Financial Balance	−473 000	−50 000	−50 000	−50 000
Dividends	0	0	0	0
Net Income	−345 000	0	−50 000	−50 000

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	0	1 623 000	1 623 000	1 623 000
Total Fixed Assets	0	1 623 000	1 623 000	1 623 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	0	0	0
Total Current Assets	137 000	50 000	0	0
Total Assets	137 000	1 673 000	1 623 000	1 623 000
Total Equity	78 000	423 000	423 000	473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 250 000	1 200 000	1 150 000
Creditors	0	0	0	0
Unpaid Taxes	38 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	59 000	0	0	0
Total Equity and Debt	137 000	1 673 000	1 623 000	1 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−442,31 %	0 %	−11,82 %	−10,57 %
Debt-to-Equity Ratio	0	2,96	2,84	2,43
Operating Profit Margin	100 %	100 %	-	-
Current Ratio	2,32	-	-	-
Quick Ratio	2,32	-	-	-
Equity Ratio	0,57	0,25	0,26	0,29
Gross Profit Margin	100 %	100 %	-	-