RAADE, SETTEN OG MIDJO GRUNNEIERLAG SA

7716 STEINKJER

Finances

Share Ownership

Return on Equity

−33,33 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	124 000	154 000	118 000
Net Income	−4 000	3 000	1 000	−12 000
Total Assets	72 000	158 000	22 000	16 000
Total Equity	12 000	16 000	13 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	124 000	154 000	118 000
Expenditure	64 000	120 000	153 000	133 000
Operating Profit	−5 000	4 000	1 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−5 000	4 000	1 000	−16 000
Tax	−1 000	1 000	0	−3 000
Net Income	−4 000	3 000	1 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	2 000	3 000	3 000
Total Current Assets	68 000	155 000	18 000	13 000
Total Assets	72 000	158 000	22 000	16 000
Total Retained Equity	10 000	13 000	11 000	10 000
Total Equity	12 000	16 000	13 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	60 000	142 000	9 000	4 000
Total Equity and Debt	72 000	158 000	22 000	16 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 000	124 000	154 000	118 000
Other Income	0	0	0	0
Revenue	59 000	124 000	154 000	118 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	9 000	9 000	9 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	120 000	153 000	133 000
Operating Profit	−5 000	4 000	1 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	3 000	1 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	2 000	3 000	3 000
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	0	0	0
Total Fixed Assets	3 000	2 000	3 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	113 000	18 000	13 000
Total Current Assets	68 000	155 000	18 000	13 000
Total Assets	72 000	158 000	22 000	16 000
Total Equity	12 000	16 000	13 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	57 000	135 000	2 000	2 000
Unpaid Taxes	3 000	2 000	6 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	0	0
Total Current Debt	60 000	142 000	9 000	4 000
Total Equity and Debt	72 000	158 000	22 000	16 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,33 %	18,75 %	7,69 %	−100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,47 %	3,23 %	0,65 %	−13,56 %
Current Ratio	1,13	1,09	2	3,25
Quick Ratio	1,13	1,09	2	3,25
Equity Ratio	0,17	0,1	0,59	0,75
Gross Profit Margin	94,92 %	100 %	100 %	100 %