RIVER GROUP NORWAY AS

0484 OSLO

Finances

Return on Equity

−13,45 %

Current Ratio

7,98

Debt-to-Equity Ratio

11,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 911 000	−3 205 000	209 000	−39 000
Total Assets	465 111 000	452 476 000	130 171 000	76 598 000
Total Equity	36 522 000	41 433 000	42 766 000	42 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	250 000	168 000	256 000	40 000
Operating Profit	−250 000	−168 000	−256 000	−40 000
Financial Income	17 549 000	5 141 000	1 200 000	201 000
Financial Costs	22 893 000	9 081 000	676 000	270 000
Financial Balance	−5 344 000	−3 940 000	524 000	−69 000
Earnings Before Tax	−5 594 000	−4 109 000	268 000	−109 000
Tax	−683 000	−904 000	59 000	−70 000
Net Income	−4 911 000	−3 205 000	209 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	445 938 000	445 256 000	128 720 000	76 568 000
Total Current Assets	19 172 000	7 220 000	1 451 000	30 000
Total Assets	465 111 000	452 476 000	130 171 000	76 598 000
Total Retained Equity	0	0	171 000	−39 000
Total Equity	36 522 000	41 433 000	42 766 000	42 556 000
Total Long-Term Debt	426 185 000	410 217 000	85 925 000	32 265 000
Total Current Debt	2 404 000	825 000	1 481 000	1 776 000
Total Equity and Debt	465 111 000	452 476 000	130 171 000	76 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	250 000	168 000	256 000	40 000
Operating Profit	−250 000	−168 000	−256 000	−40 000
Financial Income	17 549 000	5 141 000	1 200 000	201 000
Financial Costs	22 893 000	9 081 000	676 000	270 000
Financial Balance	−5 344 000	−3 940 000	524 000	−69 000
Dividends	0	0	0	0
Net Income	−4 911 000	−3 205 000	209 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 070 000	387 000	11 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	444 869 000	444 869 000	128 709 000	76 498 000
Total Fixed Assets	445 938 000	445 256 000	128 720 000	76 568 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	120 000	251 000	0
Total Current Assets	19 172 000	7 220 000	1 451 000	30 000
Total Assets	465 111 000	452 476 000	130 171 000	76 598 000
Total Equity	36 522 000	41 433 000	42 766 000	42 556 000
Short-Term Group Debt	0	0	1 313 000	916 000
Total Long-Term Debt	426 185 000	410 217 000	85 925 000	32 265 000
Creditors	13 000	49 000	123 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 391 000	777 000	44 000	860 000
Total Current Debt	2 404 000	825 000	1 481 000	1 776 000
Total Equity and Debt	465 111 000	452 476 000	130 171 000	76 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,45 %	−7,74 %	0,49 %	−0,09 %
Debt-to-Equity Ratio	11,67	9,9	2,01	0,76
Operating Profit Margin	-	-	-	-
Current Ratio	7,98	8,75	0,98	0,02
Quick Ratio	7,98	8,75	0,98	0,02
Equity Ratio	0,08	0,09	0,33	0,56
Gross Profit Margin	-	-	-	-