RECEE AS

0860 OSLO

Finances

Return on Equity

908,71 %

Current Ratio

17,09

Debt-to-Equity Ratio

−17,79

Key figures (NOK)	2022	2021	2020
Revenue	0	149 000	60 000
Net Income	−6 988 000	−1 882 000	−219 000
Total Assets	13 508 000	20 066 000	591 000
Total Equity	−769 000	6 219 000	−125 000

Income (NOK)	2022	2021	2020
Revenue	0	149 000	60 000
Expenditure	7 194 000	1 788 000	275 000
Operating Profit	−7 194 000	−1 640 000	−215 000
Financial Income	866 000	0	0
Financial Costs	661 000	242 000	4 000
Financial Balance	205 000	−242 000	−4 000
Earnings Before Tax	−6 988 000	−1 882 000	−219 000
Tax	0	0	0
Net Income	−6 988 000	−1 882 000	−219 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 321 000	1 277 000	17 000
Total Current Assets	10 187 000	18 789 000	574 000
Total Assets	13 508 000	20 066 000	591 000
Total Retained Equity	−9 089 000	−2 101 000	−219 000
Total Equity	−769 000	6 219 000	−125 000
Total Long-Term Debt	13 681 000	13 692 000	700 000
Total Current Debt	596 000	155 000	16 000
Total Equity and Debt	13 508 000	20 066 000	591 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	149 000	60 000
Other Income	0	0	0
Revenue	0	149 000	60 000
Cost of Goods Sold	198 000	8 000	10 000
Salary Costs	1 726 000	223 000	43 000
Depreciation	178 000	52 000	0
Impairment	0	0	0
Expenditure	7 194 000	1 788 000	275 000
Operating Profit	−7 194 000	−1 640 000	−215 000
Financial Income	866 000	0	0
Financial Costs	661 000	242 000	4 000
Financial Balance	205 000	−242 000	−4 000
Dividends	0	0	0
Net Income	−6 988 000	−1 882 000	−219 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	13 000	13 000	9 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	631 000	794 000	8 000
Total Tangible Assets	631 000	794 000	8 000
Total Fiancial Fixed Assets	2 677 000	470 000	0
Total Fixed Assets	3 321 000	1 277 000	17 000
Stock	0	0	0
Total Investments	3 693 000	0	0
Cash, Bank	3 687 000	18 437 000	551 000
Total Current Assets	10 187 000	18 789 000	574 000
Total Assets	13 508 000	20 066 000	591 000
Total Equity	−769 000	6 219 000	−125 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	13 681 000	13 692 000	700 000
Creditors	306 000	72 000	1 000
Unpaid Taxes	112 000	52 000	8 000
Dividends	0	0	0
Other Current Debt	179 000	31 000	7 000
Total Current Debt	596 000	155 000	16 000
Total Equity and Debt	13 508 000	20 066 000	591 000

Financial indicators	2022	2021	2020
Return on Equity	908,71 %	−30,26 %	175,2 %
Debt-to-Equity Ratio	−17,79	2,2	−5,6
Operating Profit Margin	-	−1 100,67 %	−358,33 %
Current Ratio	17,09	121,22	35,88
Quick Ratio	17,09	121,22	35,88
Equity Ratio	−0,06	0,31	−0,21
Gross Profit Margin	-	94,63 %	83,33 %