REKNES EIENDOM AS

5986 HOSTELAND

Finances

Share Ownership

Return on Equity

52,41 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 004 000	7 457 000	0	0
Net Income	544 000	519 000	−43 000	0
Total Assets	1 572 000	11 138 000	9 613 000	3 238 000
Total Equity	1 038 000	494 000	−25 000	18 000

Income (NOK)	2022	2021	2020
Revenue	14 004 000	7 457 000	0
Expenditure	2 869 000	51 000	42 000
Operating Profit	799 000	650 000	−42 000
Financial Income	10 000	0	0
Financial Costs	111 000	0	1 000
Financial Balance	−101 000	0	−1 000
Earnings Before Tax	697 000	650 000	−43 000
Tax	153 000	131 000	0
Net Income	544 000	519 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 572 000	11 138 000	9 613 000	3 238 000
Total Assets	1 572 000	11 138 000	9 613 000	3 238 000
Total Retained Equity	1 019 000	476 000	−43 000	0
Total Equity	1 038 000	494 000	−25 000	18 000
Total Long-Term Debt	0	2 962 000	3 996 000	3 111 000
Total Current Debt	535 000	7 682 000	5 643 000	109 000
Total Equity and Debt	1 572 000	11 138 000	9 613 000	3 238 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 004 000	7 457 000	0
Other Income	0	0	0
Revenue	14 004 000	7 457 000	0
Cost of Goods Sold	2 760 000	−32 000	−9 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 869 000	51 000	42 000
Operating Profit	799 000	650 000	−42 000
Financial Income	10 000	0	0
Financial Costs	111 000	0	1 000
Financial Balance	−101 000	0	−1 000
Dividends	0	0	0
Net Income	544 000	519 000	−43 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	10 335 000	9 565 000	3 237 000
Total Investments	0	0	0	0
Cash, Bank	1 572 000	803 000	48 000	1 000
Total Current Assets	1 572 000	11 138 000	9 613 000	3 238 000
Total Assets	1 572 000	11 138 000	9 613 000	3 238 000
Total Equity	1 038 000	494 000	−25 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 962 000	3 996 000	3 111 000
Creditors	354 000	670 000	81 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	161 000	8 000	109 000
Total Current Debt	535 000	7 682 000	5 643 000	109 000
Total Equity and Debt	1 572 000	11 138 000	9 613 000	3 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,41 %	105,06 %	172 %	0 %
Debt-to-Equity Ratio	0	6	−159,84	172,83
Operating Profit Margin	5,71 %	8,72 %	-	-
Current Ratio	2,94	1,45	1,7	29,71
Quick Ratio	2,94	−4,2	−2,45	−1,04
Equity Ratio	0,66	0,04	−0	0,01
Gross Profit Margin	80,29 %	100,43 %	-	-