REE MINERALS HOLDING AS

3830 ULEFOSS

Finances

Return on Equity

−137,98 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	0
Net Income	−21 926 000	−1 761 000	7 000	−718 000
Total Assets	23 570 000	44 924 000	20 200 000	19 350 000
Total Equity	15 891 000	36 992 000	12 501 000	6 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	0
Expenditure	21 680 000	1 591 000	1 205 000	1 210 000
Operating Profit	−21 680 000	−1 591 000	−1 204 000	−1 210 000
Financial Income	1 000	0	0	1 062 000
Financial Costs	247 000	171 000	−1 211 000	571 000
Financial Balance	−246 000	−171 000	1 211 000	491 000
Earnings Before Tax	−21 926 000	−1 761 000	7 000	−718 000
Tax	0	0	0	0
Net Income	−21 926 000	−1 761 000	7 000	−718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 363 000	18 309 000	18 299 000	18 299 000
Total Current Assets	5 207 000	26 615 000	1 901 000	1 051 000
Total Assets	23 570 000	44 924 000	20 200 000	19 350 000
Total Retained Equity	−46 821 000	−24 895 000	−23 134 000	−23 141 000
Total Equity	15 891 000	36 992 000	12 501 000	6 554 000
Total Long-Term Debt	0	0	81 000	7 376 000
Total Current Debt	7 679 000	7 932 000	7 617 000	5 419 000
Total Equity and Debt	23 570 000	44 924 000	20 200 000	19 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	80 000	80 000
Other Income	0	0	−79 000	−80 000
Revenue	0	0	1 000	0
Cost of Goods Sold	20 871 000	362 000	254 000	213 000
Salary Costs	−319 000	731 000	661 000	668 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	21 680 000	1 591 000	1 205 000	1 210 000
Operating Profit	−21 680 000	−1 591 000	−1 204 000	−1 210 000
Financial Income	1 000	0	0	1 062 000
Financial Costs	247 000	171 000	−1 211 000	571 000
Financial Balance	−246 000	−171 000	1 211 000	491 000
Dividends	0	0	0	0
Net Income	−21 926 000	−1 761 000	7 000	−718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 249 000	6 249 000	6 249 000	6 249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	0	0	0
Total Tangible Assets	38 000	0	0	0
Total Fiancial Fixed Assets	12 077 000	12 060 000	12 050 000	12 050 000
Total Fixed Assets	18 363 000	18 309 000	18 299 000	18 299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 872 000	26 416 000	1 690 000	715 000
Total Current Assets	5 207 000	26 615 000	1 901 000	1 051 000
Total Assets	23 570 000	44 924 000	20 200 000	19 350 000
Total Equity	15 891 000	36 992 000	12 501 000	6 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	81 000	7 376 000
Creditors	550 000	123 000	55 000	10 000
Unpaid Taxes	365 000	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	4 687 000	5 869 000	5 139 000	4 502 000
Total Current Debt	7 679 000	7 932 000	7 617 000	5 419 000
Total Equity and Debt	23 570 000	44 924 000	20 200 000	19 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,98 %	−4,76 %	0,06 %	−10,96 %
Debt-to-Equity Ratio	0	0	0,01	1,13
Operating Profit Margin	-	-	−120 400 %	-
Current Ratio	0,68	3,36	0,25	0,19
Quick Ratio	0,68	3,36	0,25	0,19
Equity Ratio	0,67	0,82	0,62	0,34
Gross Profit Margin	-	-	−25 300 %	-