REIDAR OLSEN EIENDOM AS

7031 TRONDHEIM

Finances

Return on Equity

−2,65 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 450 000	9 987 000	0
Net Income	−1 958 000	3 178 000	10 795 000	4 539 000
Total Assets	193 063 000	242 325 000	245 139 000	227 232 000
Total Equity	73 835 000	75 793 000	74 658 000	64 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 450 000	9 987 000	0
Expenditure	172 000	388 000	1 075 000	228 000
Operating Profit	−172 000	1 062 000	8 912 000	−228 000
Financial Income	4 357 000	6 669 000	6 279 000	9 671 000
Financial Costs	6 056 000	3 977 000	3 898 000	3 625 000
Financial Balance	−1 699 000	2 692 000	2 381 000	6 046 000
Earnings Before Tax	−1 871 000	3 755 000	11 293 000	5 819 000
Tax	87 000	576 000	499 000	1 280 000
Net Income	−1 958 000	3 178 000	10 795 000	4 539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 729 000	239 958 000	242 933 000	225 005 000
Total Current Assets	1 334 000	2 367 000	2 206 000	2 227 000
Total Assets	193 063 000	242 325 000	245 139 000	227 232 000
Total Retained Equity	13 835 000	15 793 000	14 658 000	4 279 000
Total Equity	73 835 000	75 793 000	74 658 000	64 279 000
Total Long-Term Debt	118 559 000	163 576 000	106 072 000	142 044 000
Total Current Debt	669 000	2 956 000	64 409 000	20 909 000
Total Equity and Debt	193 063 000	242 325 000	245 139 000	227 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 450 000	0	0
Other Income	0	0	9 987 000	0
Revenue	0	1 450 000	9 987 000	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	172 000	388 000	1 075 000	228 000
Operating Profit	−172 000	1 062 000	8 912 000	−228 000
Financial Income	4 357 000	6 669 000	6 279 000	9 671 000
Financial Costs	6 056 000	3 977 000	3 898 000	3 625 000
Financial Balance	−1 699 000	2 692 000	2 381 000	6 046 000
Dividends	0	0	0	0
Net Income	−1 958 000	3 178 000	10 795 000	4 539 000

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	191 729 000	239 958 000	242 933 000	225 005 000
Total Fixed Assets	191 729 000	239 958 000	242 933 000	225 005 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	246 000	2 278 000	2 206 000	2 227 000
Total Current Assets	1 334 000	2 367 000	2 206 000	2 227 000
Total Assets	193 063 000	242 325 000	245 139 000	227 232 000
Total Equity	73 835 000	75 793 000	74 658 000	64 279 000
Short-Term Group Debt	396 000	2 619 000	64 106 000	20 354 000
Total Long-Term Debt	118 559 000	163 576 000	106 072 000	142 044 000
Creditors	4 000	3 000	2 000	28 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	269 000	333 000	302 000	527 000
Total Current Debt	669 000	2 956 000	64 409 000	20 909 000
Total Equity and Debt	193 063 000	242 325 000	245 139 000	227 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,65 %	4,19 %	14,46 %	7,06 %
Debt-to-Equity Ratio	1,61	2,16	1,42	2,21
Operating Profit Margin	-	73,24 %	89,24 %	-
Current Ratio	1,99	0,8	0,03	0,11
Quick Ratio	1,99	0,8	0,03	0,11
Equity Ratio	0,38	0,31	0,3	0,28
Gross Profit Margin	-	100 %	100 %	-