RELATION19 VESTERAALEN AS

8430 MYRE

Finances

Return on Equity

−30,43 %

Current Ratio

7,54

Debt-to-Equity Ratio

41,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−7 000	25 000	−13 000	−7 000
Total Assets	998 000	999 000	980 000	987 000
Total Equity	23 000	30 000	5 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	7 000	9 000	13 000	7 000
Operating Profit	−7 000	−9 000	−13 000	−7 000
Financial Income	0	34 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	34 000	0	0
Earnings Before Tax	−7 000	25 000	−13 000	−7 000
Tax	0	0	0	0
Net Income	−7 000	25 000	−13 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	900 000	900 000	900 000	900 000
Total Current Assets	98 000	99 000	80 000	87 000
Total Assets	998 000	999 000	980 000	987 000
Total Retained Equity	−7 000	0	−25 000	−12 000
Total Equity	23 000	30 000	5 000	18 000
Total Long-Term Debt	962 000	962 000	962 000	962 000
Total Current Debt	13 000	7 000	13 000	7 000
Total Equity and Debt	998 000	999 000	980 000	987 000

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	7 000	9 000	13 000	7 000
Operating Profit	−7 000	−9 000	−13 000	−7 000
Financial Income	0	34 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	34 000	0	0
Dividends	0	0	0	0
Net Income	−7 000	25 000	−13 000	−7 000

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	900 000	900 000	900 000	900 000
Total Fixed Assets	900 000	900 000	900 000	900 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	65 000	80 000	87 000
Total Current Assets	98 000	99 000	80 000	87 000
Total Assets	998 000	999 000	980 000	987 000
Total Equity	23 000	30 000	5 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	962 000	962 000	962 000	962 000
Creditors	6 000	7 000	7 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	0	6 000	0
Total Current Debt	13 000	7 000	13 000	7 000
Total Equity and Debt	998 000	999 000	980 000	987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,43 %	83,33 %	−260 %	−38,89 %
Debt-to-Equity Ratio	41,83	32,07	192,4	53,44
Operating Profit Margin	-	-	-	-
Current Ratio	7,54	14,14	6,15	12,43
Quick Ratio	7,54	14,14	6,15	12,43
Equity Ratio	0,02	0,03	0,01	0,02
Gross Profit Margin	-	-	-	-