NOREVEGEN 12 AS

5542 KARMSUND

Finances

Return on Equity

18,64 %

Current Ratio

3,33

Debt-to-Equity Ratio

−25,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	460 000	285 000	1 177 000	1 190 000
Net Income	−44 000	−212 000	362 000	314 000
Total Assets	5 958 000	6 045 000	6 154 000	5 723 000
Total Equity	−236 000	−192 000	−147 000	−509 000

Income (NOK)	2022	2021	2020	2019
Revenue	460 000	285 000	1 177 000	1 190 000
Expenditure	529 000	471 000	465 000	501 000
Operating Profit	−69 000	−186 000	711 000	689 000
Financial Income	302 000	185 000	0	0
Financial Costs	289 000	224 000	247 000	286 000
Financial Balance	13 000	−39 000	−247 000	−286 000
Earnings Before Tax	−56 000	−225 000	464 000	403 000
Tax	−12 000	−13 000	102 000	89 000
Net Income	−44 000	−212 000	362 000	314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 282 000	5 337 000	5 527 000	5 397 000
Total Current Assets	676 000	708 000	627 000	326 000
Total Assets	5 958 000	6 045 000	6 154 000	5 723 000
Total Retained Equity	−434 000	−390 000	−177 000	−539 000
Total Equity	−236 000	−192 000	−147 000	−509 000
Total Long-Term Debt	5 992 000	6 082 000	5 899 000	5 914 000
Total Current Debt	203 000	155 000	307 000	319 000
Total Equity and Debt	5 958 000	6 045 000	6 154 000	5 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	460 000	285 000	1 177 000	1 190 000
Revenue	460 000	285 000	1 177 000	1 190 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	244 000	230 000	205 000
Impairment	0	0	0	0
Expenditure	529 000	471 000	465 000	501 000
Operating Profit	−69 000	−186 000	711 000	689 000
Financial Income	302 000	185 000	0	0
Financial Costs	289 000	224 000	247 000	286 000
Financial Balance	13 000	−39 000	−247 000	−286 000
Dividends	0	0	0	0
Net Income	−44 000	−212 000	362 000	314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 601 000	4 837 000	5 019 000	4 879 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	18 000
Total Tangible Assets	4 601 000	4 837 000	5 027 000	4 897 000
Total Fiancial Fixed Assets	681 000	500 000	500 000	500 000
Total Fixed Assets	5 282 000	5 337 000	5 527 000	5 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	114 000	311 000	2 000
Total Current Assets	676 000	708 000	627 000	326 000
Total Assets	5 958 000	6 045 000	6 154 000	5 723 000
Total Equity	−236 000	−192 000	−147 000	−509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 992 000	6 082 000	5 899 000	5 914 000
Creditors	50 000	48 000	137 000	18 000
Unpaid Taxes	23 000	4 000	0	42 000
Dividends	0	0	0	0
Other Current Debt	130 000	103 000	60 000	163 000
Total Current Debt	203 000	155 000	307 000	319 000
Total Equity and Debt	5 958 000	6 045 000	6 154 000	5 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,64 %	110,42 %	−246,26 %	−61,69 %
Debt-to-Equity Ratio	−25,39	−31,68	−40,13	−11,62
Operating Profit Margin	−15 %	−65,26 %	60,41 %	57,9 %
Current Ratio	3,33	4,57	2,04	1,02
Quick Ratio	3,33	4,57	2,04	1,02
Equity Ratio	−0,04	−0,03	−0,02	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %