RENOVERING OG EIENDOMSUTVIKLING AS

1619 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−51,28 %

Current Ratio

0,56

Debt-to-Equity Ratio

−3,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	570 000	0	0	129 000
Net Income	20 000	−3 000	−14 000	−22 000
Total Assets	190 000	32 000	35 000	49 000
Total Equity	−39 000	−60 000	−57 000	−43 000

Income (NOK)	2022	2021	2020	2019
Revenue	570 000	0	0	129 000
Expenditure	538 000	7 000	14 000	152 000
Operating Profit	32 000	−7 000	−14 000	−22 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	32 000	−7 000	−14 000	−22 000
Tax	12 000	−5 000	0	0
Net Income	20 000	−3 000	−14 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	5 000	0	0
Total Current Assets	52 000	28 000	35 000	49 000
Total Assets	190 000	32 000	35 000	49 000
Total Retained Equity	−69 000	−90 000	−87 000	−73 000
Total Equity	−39 000	−60 000	−57 000	−43 000
Total Long-Term Debt	137 000	0	0	0
Total Current Debt	93 000	92 000	92 000	92 000
Total Equity and Debt	190 000	32 000	35 000	49 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	570 000	0	0	129 000
Other Income	0	0	0	0
Revenue	570 000	0	0	129 000
Cost of Goods Sold	464 000	0	0	28 000
Salary Costs	31 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	538 000	7 000	14 000	152 000
Operating Profit	32 000	−7 000	−14 000	−22 000
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	20 000	−3 000	−14 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	138 000	0	0	0
Total Tangible Assets	138 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	138 000	5 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	28 000	35 000	49 000
Total Current Assets	52 000	28 000	35 000	49 000
Total Assets	190 000	32 000	35 000	49 000
Total Equity	−39 000	−60 000	−57 000	−43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	12 000	11 000	11 000	11 000
Dividends	0	0	0	0
Other Current Debt	80 000	81 000	81 000	81 000
Total Current Debt	93 000	92 000	92 000	92 000
Total Equity and Debt	190 000	32 000	35 000	49 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,28 %	5 %	24,56 %	51,16 %
Debt-to-Equity Ratio	−3,51	−0	−0	−0
Operating Profit Margin	5,61 %	-	-	−17,05 %
Current Ratio	0,56	0,3	0,38	0,53
Quick Ratio	0,56	0,3	0,38	0,53
Equity Ratio	−0,21	−1,88	−1,63	−0,88
Gross Profit Margin	18,6 %	-	-	78,29 %