RISING EIENDOM AS

3716 SKIEN

Finances

Share Ownership

Return on Equity

58,6 %

Current Ratio

11,57

Debt-to-Equity Ratio

−3,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 000	371 000	2 963 000	11 000
Net Income	−1 036 000	−27 000	−146 000	−553 000
Total Assets	5 727 000	5 864 000	5 686 000	4 920 000
Total Equity	−1 768 000	−732 000	−705 000	−558 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 000	371 000	2 963 000	11 000
Expenditure	1 055 000	1 173 000	1 078 000	488 000
Operating Profit	−890 000	22 000	−75 000	−478 000
Financial Income	0	3 000	1 000	0
Financial Costs	147 000	52 000	73 000	76 000
Financial Balance	−147 000	−49 000	−72 000	−76 000
Earnings Before Tax	−1 036 000	−27 000	−146 000	−553 000
Tax	0	0	0	0
Net Income	−1 036 000	−27 000	−146 000	−553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	81 000	2 638 000	2 681 000
Total Current Assets	5 727 000	5 783 000	3 048 000	2 239 000
Total Assets	5 727 000	5 864 000	5 686 000	4 920 000
Total Retained Equity	−1 798 000	−762 000	−735 000	−588 000
Total Equity	−1 768 000	−732 000	−705 000	−558 000
Total Long-Term Debt	7 000 000	6 200 000	6 000 000	5 300 000
Total Current Debt	495 000	396 000	390 000	178 000
Total Equity and Debt	5 727 000	5 864 000	5 686 000	4 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 000	259 000	2 818 000	0
Other Income	24 000	113 000	145 000	11 000
Revenue	166 000	371 000	2 963 000	11 000
Cost of Goods Sold	25 000	128 000	183 000	34 000
Salary Costs	762 000	594 000	556 000	167 000
Depreciation	0	42 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	1 055 000	1 173 000	1 078 000	488 000
Operating Profit	−890 000	22 000	−75 000	−478 000
Financial Income	0	3 000	1 000	0
Financial Costs	147 000	52 000	73 000	76 000
Financial Balance	−147 000	−49 000	−72 000	−76 000
Dividends	0	0	0	0
Net Income	−1 036 000	−27 000	−146 000	−553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 515 000	2 515 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	81 000	124 000	166 000
Total Tangible Assets	0	81 000	2 638 000	2 681 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	81 000	2 638 000	2 681 000
Stock	4 453 000	3 035 000	2 190 000	1 820 000
Total Investments	0	0	0	0
Cash, Bank	1 264 000	2 418 000	541 000	416 000
Total Current Assets	5 727 000	5 783 000	3 048 000	2 239 000
Total Assets	5 727 000	5 864 000	5 686 000	4 920 000
Total Equity	−1 768 000	−732 000	−705 000	−558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000 000	6 200 000	6 000 000	5 300 000
Creditors	90 000	112 000	32 000	6 000
Unpaid Taxes	76 000	109 000	91 000	38 000
Dividends	0	0	0	0
Other Current Debt	329 000	176 000	268 000	133 000
Total Current Debt	495 000	396 000	390 000	178 000
Total Equity and Debt	5 727 000	5 864 000	5 686 000	4 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,6 %	3,69 %	20,71 %	99,1 %
Debt-to-Equity Ratio	−3,96	−8,47	−8,51	−9,5
Operating Profit Margin	−536,14 %	5,93 %	−2,53 %	−4 345,45 %
Current Ratio	11,57	14,6	7,82	12,58
Quick Ratio	−1,45	−2,19	−1,69	−1,36
Equity Ratio	−0,31	−0,12	−0,12	−0,11
Gross Profit Margin	84,94 %	65,5 %	93,82 %	−209,09 %