RETS AS

1396 BILLINGSTAD

Finances

Return on Equity

−0,28 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020
Revenue	1 000	0	0
Net Income	−22 000	−42 000	7 874 000
Total Assets	17 277 000	13 563 000	13 632 000
Total Equity	7 833 000	7 855 000	7 898 000

Income (NOK)	2022	2021	2020
Revenue	1 000	0	0
Expenditure	21 000	42 000	17 000
Operating Profit	−20 000	−42 000	−17 000
Financial Income	0	0	11 318 000
Financial Costs	2 000	0	3 428 000
Financial Balance	−2 000	0	7 890 000
Earnings Before Tax	−22 000	−42 000	7 874 000
Tax	0	0	0
Net Income	−22 000	−42 000	7 874 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 536 000	7 279 000	6 277 000
Total Current Assets	6 741 000	6 283 000	7 356 000
Total Assets	17 277 000	13 563 000	13 632 000
Total Retained Equity	7 809 000	7 831 000	7 874 000
Total Equity	7 833 000	7 855 000	7 898 000
Total Long-Term Debt	787 000	0	0
Total Current Debt	8 657 000	5 707 000	5 734 000
Total Equity and Debt	17 277 000	13 563 000	13 632 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 000	0	0
Revenue	1 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	8 000	8 000	8 000
Impairment	0	0	0
Expenditure	21 000	42 000	17 000
Operating Profit	−20 000	−42 000	−17 000
Financial Income	0	0	11 318 000
Financial Costs	2 000	0	3 428 000
Financial Balance	−2 000	0	7 890 000
Dividends	0	0	0
Net Income	−22 000	−42 000	7 874 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	44 000	52 000	60 000
Total Tangible Assets	44 000	52 000	60 000
Total Fiancial Fixed Assets	10 492 000	7 227 000	6 216 000
Total Fixed Assets	10 536 000	7 279 000	6 277 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	−1 000	116 000
Total Current Assets	6 741 000	6 283 000	7 356 000
Total Assets	17 277 000	13 563 000	13 632 000
Total Equity	7 833 000	7 855 000	7 898 000
Short-Term Group Debt	8 540 000	5 600 000	5 600 000
Total Long-Term Debt	787 000	0	0
Creditors	2 000	−8 000	−6 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	115 000	115 000	140 000
Total Current Debt	8 657 000	5 707 000	5 734 000
Total Equity and Debt	17 277 000	13 563 000	13 632 000

Financial indicators	2022	2021	2020
Return on Equity	−0,28 %	−0,53 %	99,7 %
Debt-to-Equity Ratio	0,1	0	0
Operating Profit Margin	−2 000 %	-	-
Current Ratio	0,78	1,1	1,28
Quick Ratio	0,78	1,1	1,28
Equity Ratio	0,45	0,58	0,58
Gross Profit Margin	100 %	-	-