RECREATE ASA

3920 PORSGRUNN

Finances

Return on Equity

−74,7 %

Current Ratio

0,45

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	−39 875 000	284 219 000	85 765 000	192 055 000
Net Income	−343 854 000	79 272 000	−26 770 000	59 177 000
Total Assets	2 920 456 000	2 936 276 000	2 721 619 000	2 550 778 000
Total Equity	460 293 000	951 675 000	761 301 000	778 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	−39 875 000	284 219 000	85 765 000	192 055 000
Expenditure	346 300 000	94 609 000	86 034 000	71 674 000
Operating Profit	−386 175 000	189 610 000	−269 000	120 381 000
Financial Income	115 103 000	−4 039 000	21 303 000	3 614 000
Financial Costs	139 824 000	73 712 000	66 142 000	47 360 000
Financial Balance	−24 721 000	−77 751 000	−44 839 000	−43 746 000
Earnings Before Tax	−410 896 000	111 859 000	−45 108 000	76 635 000
Tax	−67 042 000	32 587 000	−18 338 000	17 458 000
Net Income	−343 854 000	79 272 000	−26 770 000	59 177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 099 252 000	2 865 760 000	2 635 430 000	2 421 575 000
Total Current Assets	821 204 000	70 516 000	86 189 000	129 203 000
Total Assets	2 920 456 000	2 936 276 000	2 721 619 000	2 550 778 000
Total Retained Equity	48 624 000	0	0	438 489 000
Total Equity	460 293 000	951 675 000	761 301 000	778 130 000
Total Long-Term Debt	635 659 000	1 596 539 000	1 465 858 000	745 923 000
Total Current Debt	1 824 504 000	388 061 000	494 460 000	1 026 725 000
Total Equity and Debt	2 920 456 000	2 936 275 000	2 721 619 000	2 550 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 140 000	120 576 000	114 153 000	99 755 000
Other Income	−163 015 000	163 643 000	−28 388 000	92 300 000
Revenue	−39 875 000	284 219 000	85 765 000	192 055 000
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	346 300 000	94 609 000	86 034 000	71 674 000
Operating Profit	−386 175 000	189 610 000	−269 000	120 381 000
Financial Income	115 103 000	−4 039 000	21 303 000	3 614 000
Financial Costs	139 824 000	73 712 000	66 142 000	47 360 000
Financial Balance	−24 721 000	−77 751 000	−44 839 000	−43 746 000
Dividends	0	0	0	0
Net Income	−343 854 000	79 272 000	−26 770 000	59 177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 267 000	2 603 000	10 169 000	0
Total Intangible Assets	107 983 000	10 192 000	17 774 000	7 630 000
Real Eastate	1 710 300 000	2 692 700 000	2 436 000 000	2 409 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	222 951 000	1 337 000	892 000	1 238 000
Total Tangible Assets	1 933 251 000	2 694 037 000	2 436 892 000	2 410 238 000
Total Fiancial Fixed Assets	58 018 000	161 531 000	180 764 000	3 707 000
Total Fixed Assets	2 099 252 000	2 865 760 000	2 635 430 000	2 421 575 000
Stock	10 992 000	10 734 000	9 360 000	7 805 000
Total Investments	713 594 000	0	0	0
Cash, Bank	36 251 000	24 855 000	35 679 000	51 040 000
Total Current Assets	821 204 000	70 516 000	86 189 000	129 203 000
Total Assets	2 920 456 000	2 936 276 000	2 721 619 000	2 550 778 000
Total Equity	460 293 000	951 675 000	761 301 000	778 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	635 659 000	1 596 539 000	1 465 858 000	745 923 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 824 504 000	388 061 000	494 460 000	1 026 725 000
Total Current Debt	1 824 504 000	388 061 000	494 460 000	1 026 725 000
Total Equity and Debt	2 920 456 000	2 936 275 000	2 721 619 000	2 550 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,7 %	8,33 %	−3,52 %	7,61 %
Debt-to-Equity Ratio	1,38	1,68	1,93	0,96
Operating Profit Margin	968,46 %	66,71 %	−0,31 %	62,68 %
Current Ratio	0,45	0,18	0,17	0,13
Quick Ratio	0,45	0,19	0,18	0,13
Equity Ratio	0,16	0,32	0,28	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %