ERIK RENNEDALS EIENDOMSSELSKAP AS

5350 BRATTHOLMEN

Finances

Return on Equity

10,4 %

Current Ratio

10,9

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 283 000	1 279 000	1 223 000	1 145 000
Net Income	524 000	695 000	274 000	307 000
Total Assets	7 690 000	7 408 000	5 967 000	6 124 000
Total Equity	5 037 000	4 513 000	3 818 000	3 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 283 000	1 279 000	1 223 000	1 145 000
Expenditure	519 000	584 000	868 000	712 000
Operating Profit	763 000	696 000	354 000	433 000
Financial Income	12 000	12 000	10 000	8 000
Financial Costs	106 000	13 000	15 000	26 000
Financial Balance	−94 000	−1 000	−5 000	−18 000
Earnings Before Tax	669 000	695 000	349 000	415 000
Tax	145 000	1 000	75 000	107 000
Net Income	524 000	695 000	274 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 380 000	5 474 000	5 574 000	5 716 000
Total Current Assets	2 310 000	1 934 000	393 000	407 000
Total Assets	7 690 000	7 408 000	5 967 000	6 124 000
Total Retained Equity	3 569 000	3 045 000	2 350 000	2 076 000
Total Equity	5 037 000	4 513 000	3 818 000	3 544 000
Total Long-Term Debt	2 441 000	2 666 000	418 000	670 000
Total Current Debt	212 000	229 000	1 731 000	1 910 000
Total Equity and Debt	7 690 000	7 408 000	5 967 000	6 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	18 000	82 000	78 000
Other Income	1 266 000	1 261 000	1 140 000	1 066 000
Revenue	1 283 000	1 279 000	1 223 000	1 145 000
Cost of Goods Sold	−12 000	12 000	0	0
Salary Costs	151 000	144 000	140 000	140 000
Depreciation	94 000	100 000	142 000	142 000
Impairment	0	0	0	0
Expenditure	519 000	584 000	868 000	712 000
Operating Profit	763 000	696 000	354 000	433 000
Financial Income	12 000	12 000	10 000	8 000
Financial Costs	106 000	13 000	15 000	26 000
Financial Balance	−94 000	−1 000	−5 000	−18 000
Dividends	0	0	0	0
Net Income	524 000	695 000	274 000	307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 377 000	5 469 000	5 563 000	5 699 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	8 000	14 000
Total Tangible Assets	5 377 000	5 471 000	5 571 000	5 713 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	5 380 000	5 474 000	5 574 000	5 716 000
Stock	190 000	178 000	178 000	178 000
Total Investments	0	0	0	0
Cash, Bank	582 000	354 000	34 000	129 000
Total Current Assets	2 310 000	1 934 000	393 000	407 000
Total Assets	7 690 000	7 408 000	5 967 000	6 124 000
Total Equity	5 037 000	4 513 000	3 818 000	3 544 000
Short-Term Group Debt	0	0	1 567 000	1 696 000
Total Long-Term Debt	2 441 000	2 666 000	418 000	670 000
Creditors	8 000	19 000	6 000	65 000
Unpaid Taxes	27 000	24 000	26 000	17 000
Dividends	0	0	0	0
Other Current Debt	28 000	32 000	44 000	32 000
Total Current Debt	212 000	229 000	1 731 000	1 910 000
Total Equity and Debt	7 690 000	7 408 000	5 967 000	6 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,4 %	15,4 %	7,18 %	8,66 %
Debt-to-Equity Ratio	0,48	0,59	0,11	0,19
Operating Profit Margin	59,47 %	54,42 %	28,95 %	37,82 %
Current Ratio	10,9	8,45	0,23	0,21
Quick Ratio	105	37,92	0,25	0,23
Equity Ratio	0,66	0,61	0,64	0,58
Gross Profit Margin	100,94 %	99,06 %	100 %	100 %