RED MIT AS

0252 OSLO

Finances

Return on Equity

−15,8 %

Current Ratio

424,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 000	232 000	85 000	41 000
Net Income	−63 742 000	24 372 000	−14 711 000	30 605 000
Total Assets	404 233 000	515 120 000	602 886 000	730 096 000
Total Equity	403 434 000	514 176 000	601 804 000	717 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 000	232 000	85 000	41 000
Expenditure	80 749 000	10 724 000	11 934 000	−5 208 000
Operating Profit	−80 577 000	−10 492 000	−11 848 000	5 249 000
Financial Income	19 918 000	34 864 000	17 833 000	25 389 000
Financial Costs	3 083 000	0	20 696 000	33 000
Financial Balance	16 835 000	34 864 000	−2 863 000	25 356 000
Earnings Before Tax	−63 742 000	24 372 000	−14 711 000	30 605 000
Tax	0	0	0	0
Net Income	−63 742 000	24 372 000	−14 711 000	30 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 137 000	73 404 000	54 999 000	102 454 000
Total Current Assets	339 097 000	441 715 000	547 887 000	627 642 000
Total Assets	404 233 000	515 120 000	602 886 000	730 096 000
Total Retained Equity	−273 604 000	−162 862 000	−75 234 000	−75 234 000
Total Equity	403 434 000	514 176 000	601 804 000	717 446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	799 000	944 000	1 082 000	12 650 000
Total Equity and Debt	404 233 000	515 120 000	602 886 000	730 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	65 000	55 000	41 000
Other Income	79 000	167 000	31 000	0
Revenue	172 000	232 000	85 000	41 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−1 000	961 000	1 254 000
Depreciation	0	0	244 000	362 000
Impairment	0	0	0	0
Expenditure	80 749 000	10 724 000	11 934 000	−5 208 000
Operating Profit	−80 577 000	−10 492 000	−11 848 000	5 249 000
Financial Income	19 918 000	34 864 000	17 833 000	25 389 000
Financial Costs	3 083 000	0	20 696 000	33 000
Financial Balance	16 835 000	34 864 000	−2 863 000	25 356 000
Dividends	47 000 000	112 000 000	0	0
Net Income	−63 742 000	24 372 000	−14 711 000	30 605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	8 684 000
Real Eastate	5 741 000	5 741 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	688 000	825 000	1 323 000	1 966 000
Total Tangible Assets	6 428 000	6 566 000	1 323 000	1 966 000
Total Fiancial Fixed Assets	58 708 000	66 839 000	53 676 000	91 805 000
Total Fixed Assets	65 137 000	73 404 000	54 999 000	102 454 000
Stock	0	0	0	0
Total Investments	305 263 000	431 162 000	529 811 000	594 486 000
Cash, Bank	17 689 000	8 465 000	16 033 000	32 119 000
Total Current Assets	339 097 000	441 715 000	547 887 000	627 642 000
Total Assets	404 233 000	515 120 000	602 886 000	730 096 000
Total Equity	403 434 000	514 176 000	601 804 000	717 446 000
Short-Term Group Debt	0	0	0	10 000 000
Total Long-Term Debt	0	0	0	0
Creditors	193 000	167 000	40 000	1 522 000
Unpaid Taxes	0	0	44 000	96 000
Dividends	47 000 000	112 000 000	0	0
Other Current Debt	607 000	777 000	997 000	1 033 000
Total Current Debt	799 000	944 000	1 082 000	12 650 000
Total Equity and Debt	404 233 000	515 120 000	602 886 000	730 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,8 %	4,74 %	−2,44 %	4,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−46 847,09 %	−4 522,41 %	−13 938,82 %	12 802,44 %
Current Ratio	424,4	467,92	506,37	49,62
Quick Ratio	424,4	467,92	506,37	49,62
Equity Ratio	1	1	1	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %