NORWEGIAN RACEHORSE BREEDING AS

2848 SKREIA

Finances

Share Ownership

Return on Equity

20,93 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 000	322 000	343 000	246 000
Net Income	−238 000	−429 000	−116 000	−463 000
Total Assets	189 000	333 000	291 000	584 000
Total Equity	−1 137 000	−899 000	−470 000	−354 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 000	322 000	343 000	246 000
Expenditure	394 000	741 000	451 000	704 000
Operating Profit	−218 000	−419 000	−108 000	−459 000
Financial Income	0	0	0	0
Financial Costs	21 000	11 000	8 000	4 000
Financial Balance	−21 000	−11 000	−8 000	−4 000
Earnings Before Tax	−238 000	−429 000	−116 000	−463 000
Tax	0	0	0	0
Net Income	−238 000	−429 000	−116 000	−463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	144 000	144 000	144 000
Total Current Assets	55 000	190 000	148 000	440 000
Total Assets	189 000	333 000	291 000	584 000
Total Retained Equity	−1 257 000	−1 019 000	−590 000	−474 000
Total Equity	−1 137 000	−899 000	−470 000	−354 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 327 000	1 232 000	761 000	938 000
Total Equity and Debt	189 000	333 000	291 000	584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	146 000	193 000	139 000	246 000
Other Income	30 000	129 000	204 000	0
Revenue	176 000	322 000	343 000	246 000
Cost of Goods Sold	344 000	684 000	406 000	194 000
Salary Costs	0	0	0	21 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	394 000	741 000	451 000	704 000
Operating Profit	−218 000	−419 000	−108 000	−459 000
Financial Income	0	0	0	0
Financial Costs	21 000	11 000	8 000	4 000
Financial Balance	−21 000	−11 000	−8 000	−4 000
Dividends	0	0	0	0
Net Income	−238 000	−429 000	−116 000	−463 000

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	134 000	144 000	144 000	144 000
Total Tangible Assets	134 000	144 000	144 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	144 000	144 000	144 000
Stock	2 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	147 000	93 000	236 000
Total Current Assets	55 000	190 000	148 000	440 000
Total Assets	189 000	333 000	291 000	584 000
Total Equity	−1 137 000	−899 000	−470 000	−354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	246 000	229 000	246 000	659 000
Unpaid Taxes	16 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 065 000	1 004 000	515 000	278 000
Total Current Debt	1 327 000	1 232 000	761 000	938 000
Total Equity and Debt	189 000	333 000	291 000	584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,93 %	47,72 %	24,68 %	130,79 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−123,86 %	−130,12 %	−31,49 %	−186,59 %
Current Ratio	0,04	0,15	0,19	0,47
Quick Ratio	0,04	0,15	0,19	0,47
Equity Ratio	−6,02	−2,7	−1,62	−0,61
Gross Profit Margin	−95,45 %	−112,42 %	−18,37 %	21,14 %