DRE RACING EIENDOM AS

2280 GJESÅSEN

Finances

Share Ownership

Return on Equity

113,58 %

Current Ratio

0,12

Debt-to-Equity Ratio

−10,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	260 000	150 000	250 000	0
Net Income	−92 000	−55 000	−18 000	−10 000
Total Assets	1 082 000	1 086 000	1 172 000	1 210 000
Total Equity	−81 000	11 000	66 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	260 000	150 000	250 000	0
Expenditure	306 000	153 000	213 000	0
Operating Profit	−45 000	−3 000	37 000	0
Financial Income	0	0	0	0
Financial Costs	47 000	53 000	56 000	10 000
Financial Balance	−47 000	−53 000	−56 000	−10 000
Earnings Before Tax	−92 000	−55 000	−18 000	−10 000
Tax	0	0	0	0
Net Income	−92 000	−55 000	−18 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 043 000	1 085 000	1 142 000	1 180 000
Total Current Assets	38 000	1 000	30 000	30 000
Total Assets	1 082 000	1 086 000	1 172 000	1 210 000
Total Retained Equity	−181 000	−84 000	−28 000	−10 000
Total Equity	−81 000	11 000	66 000	84 000
Total Long-Term Debt	839 000	868 000	1 098 000	920 000
Total Current Debt	324 000	207 000	8 000	206 000
Total Equity and Debt	1 082 000	1 086 000	1 172 000	1 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	260 000	150 000	250 000	0
Other Income	0	0	0	0
Revenue	260 000	150 000	250 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	64 000	64 000	60 000	0
Impairment	0	0	0	0
Expenditure	306 000	153 000	213 000	0
Operating Profit	−45 000	−3 000	37 000	0
Financial Income	0	0	0	0
Financial Costs	47 000	53 000	56 000	10 000
Financial Balance	−47 000	−53 000	−56 000	−10 000
Dividends	0	0	0	0
Net Income	−92 000	−55 000	−18 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 043 000	1 061 000	1 121 000	1 180 000
Machinery and Plant Facilities	0	23 000	21 000	0
Fixtures	0	0	0	0
Total Tangible Assets	1 043 000	1 085 000	1 142 000	1 180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 043 000	1 085 000	1 142 000	1 180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	1 000	30 000	30 000
Total Current Assets	38 000	1 000	30 000	30 000
Total Assets	1 082 000	1 086 000	1 172 000	1 210 000
Total Equity	−81 000	11 000	66 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	839 000	868 000	1 098 000	920 000
Creditors	124 000	4 000	−1 000	6 000
Unpaid Taxes	0	3 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	0	200 000	0	200 000
Total Current Debt	324 000	207 000	8 000	206 000
Total Equity and Debt	1 082 000	1 086 000	1 172 000	1 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,58 %	−500 %	−27,27 %	−11,9 %
Debt-to-Equity Ratio	−10,36	78,91	16,64	10,95
Operating Profit Margin	−17,31 %	−2 %	14,8 %	-
Current Ratio	0,12	0	3,75	0,15
Quick Ratio	0,12	0	3,75	0,15
Equity Ratio	−0,07	0,01	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %	-