NEDRE ØREN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

−46,17 %

Current Ratio

6,28

Debt-to-Equity Ratio

−4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	645 000	645 000	608 000	608 000
Net Income	193 000	133 000	109 000	−62 000
Total Assets	1 408 000	1 353 000	1 238 000	1 196 000
Total Equity	−418 000	−611 000	−744 000	−853 000

Income (NOK)	2022	2021	2020	2019
Revenue	645 000	645 000	608 000	608 000
Expenditure	404 000	480 000	460 000	621 000
Operating Profit	241 000	165 000	149 000	−13 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	50 000	35 000	43 000	54 000
Financial Balance	−47 000	−32 000	−40 000	−50 000
Earnings Before Tax	193 000	133 000	109 000	−62 000
Tax	0	0	0	0
Net Income	193 000	133 000	109 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 113 000	1 113 000	1 044 000	1 044 000
Total Current Assets	295 000	240 000	194 000	152 000
Total Assets	1 408 000	1 353 000	1 238 000	1 196 000
Total Retained Equity	−419 000	−613 000	−746 000	−855 000
Total Equity	−418 000	−611 000	−744 000	−853 000
Total Long-Term Debt	1 779 000	1 859 000	1 947 000	2 034 000
Total Current Debt	47 000	105 000	36 000	16 000
Total Equity and Debt	1 408 000	1 353 000	1 238 000	1 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	645 000	645 000	608 000	608 000
Revenue	645 000	645 000	608 000	608 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 000	37 000	37 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	404 000	480 000	460 000	621 000
Operating Profit	241 000	165 000	149 000	−13 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	50 000	35 000	43 000	54 000
Financial Balance	−47 000	−32 000	−40 000	−50 000
Dividends	0	0	0	0
Net Income	193 000	133 000	109 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 113 000	1 113 000	1 044 000	1 044 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 113 000	1 113 000	1 044 000	1 044 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 113 000	1 113 000	1 044 000	1 044 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	218 000	178 000	133 000
Total Current Assets	295 000	240 000	194 000	152 000
Total Assets	1 408 000	1 353 000	1 238 000	1 196 000
Total Equity	−418 000	−611 000	−744 000	−853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 779 000	1 859 000	1 947 000	2 034 000
Creditors	32 000	100 000	26 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	6 000	10 000	14 000
Total Current Debt	47 000	105 000	36 000	16 000
Total Equity and Debt	1 408 000	1 353 000	1 238 000	1 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,17 %	−21,77 %	−14,65 %	7,27 %
Debt-to-Equity Ratio	−4,26	−3,04	−2,62	−2,38
Operating Profit Margin	37,36 %	25,58 %	24,51 %	−2,14 %
Current Ratio	6,28	2,29	5,39	9,5
Quick Ratio	6,28	2,29	5,39	9,5
Equity Ratio	−0,3	−0,45	−0,6	−0,71
Gross Profit Margin	100 %	100 %	100 %	100 %