RISING II BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−13,56 %

Current Ratio

10,04

Debt-to-Equity Ratio

−3,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	749 000	714 000	714 000	714 000
Net Income	104 000	181 000	179 000	−134 000
Total Assets	1 995 000	1 986 000	1 917 000	1 824 000
Total Equity	−767 000	−871 000	−1 053 000	−1 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	749 000	714 000	714 000	714 000
Expenditure	585 000	443 000	439 000	731 000
Operating Profit	163 000	221 000	230 000	−63 000
Financial Income	7 000	1 000	2 000	2 000
Financial Costs	66 000	41 000	54 000	72 000
Financial Balance	−59 000	−40 000	−52 000	−70 000
Earnings Before Tax	104 000	231 000	223 000	−87 000
Tax	0	0	0	0
Net Income	104 000	181 000	179 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 503 000	1 503 000	1 503 000	1 503 000
Total Current Assets	492 000	483 000	414 000	321 000
Total Assets	1 995 000	1 986 000	1 917 000	1 824 000
Total Retained Equity	−767 000	−871 000	−1 053 000	−1 231 000
Total Equity	−767 000	−871 000	−1 053 000	−1 231 000
Total Long-Term Debt	2 713 000	2 812 000	2 916 000	3 011 000
Total Current Debt	49 000	46 000	54 000	45 000
Total Equity and Debt	1 995 000	1 986 000	1 917 000	1 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	749 000	714 000	714 000	714 000
Revenue	749 000	714 000	714 000	714 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	32 000	31 000	42 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	585 000	443 000	439 000	731 000
Operating Profit	163 000	221 000	230 000	−63 000
Financial Income	7 000	1 000	2 000	2 000
Financial Costs	66 000	41 000	54 000	72 000
Financial Balance	−59 000	−40 000	−52 000	−70 000
Dividends	0	0	0	0
Net Income	104 000	181 000	179 000	−134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 487 000	1 487 000	1 487 000	1 487 000
Machinery and Plant Facilities	16 000	16 000	16 000	16 000
Fixtures	0	0	0	0
Total Tangible Assets	1 503 000	1 503 000	1 503 000	1 503 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 503 000	1 503 000	1 503 000	1 503 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	424 000	425 000	356 000	271 000
Total Current Assets	492 000	483 000	414 000	321 000
Total Assets	1 995 000	1 986 000	1 917 000	1 824 000
Total Equity	−767 000	−871 000	−1 053 000	−1 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 713 000	2 812 000	2 916 000	3 011 000
Creditors	44 000	41 000	44 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	10 000	10 000
Total Current Debt	49 000	46 000	54 000	45 000
Total Equity and Debt	1 995 000	1 986 000	1 917 000	1 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,56 %	−20,78 %	−17 %	10,89 %
Debt-to-Equity Ratio	−3,54	−3,23	−2,77	−2,45
Operating Profit Margin	21,76 %	30,95 %	32,21 %	−8,82 %
Current Ratio	10,04	10,5	7,67	7,13
Quick Ratio	10,04	10,5	7,67	7,13
Equity Ratio	−0,38	−0,44	−0,55	−0,67
Gross Profit Margin	100 %	100 %	100 %	100 %