REED EIGEDOM AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

−9,78 %

Current Ratio

2,46

Debt-to-Equity Ratio

4,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	369 000	398 000	381 000	373 000
Net Income	−36 000	35 000	4 000	17 000
Total Assets	2 205 000	2 400 000	2 506 000	2 570 000
Total Equity	368 000	404 000	369 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	369 000	398 000	381 000	373 000
Expenditure	292 000	249 000	257 000	237 000
Operating Profit	77 000	149 000	124 000	136 000
Financial Income	0	0	0	0
Financial Costs	113 000	96 000	106 000	115 000
Financial Balance	−113 000	−96 000	−106 000	−115 000
Earnings Before Tax	−36 000	53 000	17 000	21 000
Tax	0	18 000	13 000	5 000
Net Income	−36 000	35 000	4 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 141 000	2 284 000	2 427 000	2 561 000
Total Current Assets	64 000	116 000	79 000	9 000
Total Assets	2 205 000	2 400 000	2 506 000	2 570 000
Total Retained Equity	78 000	114 000	79 000	75 000
Total Equity	368 000	404 000	369 000	365 000
Total Long-Term Debt	1 811 000	1 955 000	2 099 000	2 168 000
Total Current Debt	26 000	41 000	38 000	37 000
Total Equity and Debt	2 205 000	2 400 000	2 506 000	2 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	52 000	42 000	0
Other Income	369 000	346 000	339 000	373 000
Revenue	369 000	398 000	381 000	373 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	143 000	143 000	143 000	112 000
Impairment	0	0	0	0
Expenditure	292 000	249 000	257 000	237 000
Operating Profit	77 000	149 000	124 000	136 000
Financial Income	0	0	0	0
Financial Costs	113 000	96 000	106 000	115 000
Financial Balance	−113 000	−96 000	−106 000	−115 000
Dividends	0	0	0	0
Net Income	−36 000	35 000	4 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 141 000	2 284 000	2 427 000	2 561 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 141 000	2 284 000	2 427 000	2 561 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 141 000	2 284 000	2 427 000	2 561 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	78 000	71 000	1 000
Total Current Assets	64 000	116 000	79 000	9 000
Total Assets	2 205 000	2 400 000	2 506 000	2 570 000
Total Equity	368 000	404 000	369 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 811 000	1 955 000	2 099 000	2 168 000
Creditors	4 000	10 000	7 000	12 000
Unpaid Taxes	11 000	10 000	12 000	13 000
Dividends	0	0	0	0
Other Current Debt	9 000	3 000	3 000	4 000
Total Current Debt	26 000	41 000	38 000	37 000
Total Equity and Debt	2 205 000	2 400 000	2 506 000	2 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,78 %	8,66 %	1,08 %	4,66 %
Debt-to-Equity Ratio	4,92	4,84	5,69	5,94
Operating Profit Margin	20,87 %	37,44 %	32,55 %	36,46 %
Current Ratio	2,46	2,83	2,08	0,24
Quick Ratio	2,46	2,83	2,08	0,24
Equity Ratio	0,17	0,17	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %