REKTOR ØRNSGATE 25 BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

10 %

Current Ratio

12,44

Debt-to-Equity Ratio

4,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	421 000	394 000	384 000	360 000
Net Income	50 000	70 000	−661 000	−172 000
Total Assets	2 541 000	2 549 000	2 522 000	2 284 000
Total Equity	500 000	450 000	380 000	1 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	421 000	394 000	384 000	360 000
Expenditure	341 000	288 000	323 000	281 000
Operating Profit	80 000	91 000	−638 000	−166 000
Financial Income	6 000	1 000	2 000	4 000
Financial Costs	35 000	22 000	24 000	10 000
Financial Balance	−29 000	−21 000	−22 000	−6 000
Earnings Before Tax	50 000	85 000	38 000	73 000
Tax	0	0	0	0
Net Income	50 000	70 000	−661 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 118 000	2 122 000	2 099 000	1 926 000
Total Current Assets	423 000	426 000	423 000	358 000
Total Assets	2 541 000	2 549 000	2 522 000	2 284 000
Total Retained Equity	500 000	450 000	380 000	1 041 000
Total Equity	500 000	450 000	380 000	1 041 000
Total Long-Term Debt	2 007 000	2 048 000	2 092 000	920 000
Total Current Debt	34 000	51 000	50 000	323 000
Total Equity and Debt	2 541 000	2 549 000	2 522 000	2 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	421 000	394 000	384 000	360 000
Revenue	421 000	394 000	384 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	47 000	40 000	33 000	34 000
Depreciation	5 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	341 000	288 000	323 000	281 000
Operating Profit	80 000	91 000	−638 000	−166 000
Financial Income	6 000	1 000	2 000	4 000
Financial Costs	35 000	22 000	24 000	10 000
Financial Balance	−29 000	−21 000	−22 000	−6 000
Dividends	0	0	0	0
Net Income	50 000	70 000	−661 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 094 000	2 099 000	2 076 000	1 902 000
Machinery and Plant Facilities	24 000	24 000	24 000	24 000
Fixtures	0	0	0	0
Total Tangible Assets	2 118 000	2 122 000	2 099 000	1 926 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 118 000	2 122 000	2 099 000	1 926 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	352 000	371 000	376 000	316 000
Total Current Assets	423 000	426 000	423 000	358 000
Total Assets	2 541 000	2 549 000	2 522 000	2 284 000
Total Equity	500 000	450 000	380 000	1 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 007 000	2 048 000	2 092 000	920 000
Creditors	29 000	51 000	50 000	323 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	0	0	0
Total Current Debt	34 000	51 000	50 000	323 000
Total Equity and Debt	2 541 000	2 549 000	2 522 000	2 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10 %	15,56 %	−173,95 %	−16,52 %
Debt-to-Equity Ratio	4,01	4,55	5,51	0,88
Operating Profit Margin	19 %	23,1 %	−166,15 %	−46,11 %
Current Ratio	12,44	8,35	8,46	1,11
Quick Ratio	12,44	8,35	8,46	1,11
Equity Ratio	0,2	0,18	0,15	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %