RISING OFFICE AS

3716 SKIEN

Finances

Share Ownership

Return on Equity

50,74 %

Current Ratio

7,84

Debt-to-Equity Ratio

−13,1

Key figures (NOK)	2022	2021	2020
Revenue	480 000	400 000	20 000
Net Income	−375 000	−154 000	−235 000
Total Assets	9 453 000	4 514 000	4 641 000
Total Equity	−739 000	−365 000	−210 000

Income (NOK)	2022	2021	2020
Revenue	480 000	400 000	20 000
Expenditure	708 000	493 000	236 000
Operating Profit	−228 000	−92 000	−216 000
Financial Income	0	0	0
Financial Costs	146 000	62 000	18 000
Financial Balance	−146 000	−62 000	−18 000
Earnings Before Tax	−375 000	−154 000	−235 000
Tax	0	0	0
Net Income	−375 000	−154 000	−235 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 449 000	4 302 000	4 161 000
Total Current Assets	4 004 000	211 000	480 000
Total Assets	9 453 000	4 514 000	4 641 000
Total Retained Equity	−764 000	−389 000	−235 000
Total Equity	−739 000	−365 000	−210 000
Total Long-Term Debt	9 681 000	4 432 000	4 490 000
Total Current Debt	511 000	446 000	361 000
Total Equity and Debt	9 453 000	4 514 000	4 641 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	480 000	400 000	20 000
Revenue	480 000	400 000	20 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	118 000	79 000	13 000
Impairment	0	0	0
Expenditure	708 000	493 000	236 000
Operating Profit	−228 000	−92 000	−216 000
Financial Income	0	0	0
Financial Costs	146 000	62 000	18 000
Financial Balance	−146 000	−62 000	−18 000
Dividends	0	0	0
Net Income	−375 000	−154 000	−235 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 360 000	4 302 000	4 036 000
Machinery and Plant Facilities	0	0	0
Fixtures	90 000	0	124 000
Total Tangible Assets	5 449 000	4 302 000	4 161 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 449 000	4 302 000	4 161 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 002 000	106 000	358 000
Total Current Assets	4 004 000	211 000	480 000
Total Assets	9 453 000	4 514 000	4 641 000
Total Equity	−739 000	−365 000	−210 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	9 681 000	4 432 000	4 490 000
Creditors	32 000	413 000	342 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	479 000	33 000	19 000
Total Current Debt	511 000	446 000	361 000
Total Equity and Debt	9 453 000	4 514 000	4 641 000

Financial indicators	2022	2021	2020
Return on Equity	50,74 %	42,19 %	111,9 %
Debt-to-Equity Ratio	−13,1	−12,14	−21,38
Operating Profit Margin	−47,5 %	−23 %	−1 080 %
Current Ratio	7,84	0,47	1,33
Quick Ratio	7,84	0,47	1,33
Equity Ratio	−0,08	−0,08	−0,05
Gross Profit Margin	100 %	100 %	100 %