REDNING24 AS

3917 PORSGRUNN

Finances

Return on Equity

148,96 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	101 000
Net Income	715 000	−29 000	4 154 000	−100 000
Total Assets	1 239 000	528 000	7 165 000	3 028 000
Total Equity	480 000	515 000	545 000	2 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	101 000
Expenditure	39 000	38 000	69 000	233 000
Operating Profit	−39 000	−38 000	−69 000	−132 000
Financial Income	750 000	0	4 208 000	1 000
Financial Costs	0	0	0	0
Financial Balance	750 000	0	4 208 000	1 000
Earnings Before Tax	711 000	−38 000	4 139 000	−131 000
Tax	−4 000	−8 000	−15 000	−31 000
Net Income	715 000	−29 000	4 154 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	300 000	300 000	2 770 000
Total Current Assets	939 000	228 000	6 865 000	258 000
Total Assets	1 239 000	528 000	7 165 000	3 028 000
Total Retained Equity	280 000	315 000	345 000	2 790 000
Total Equity	480 000	515 000	545 000	2 990 000
Total Long-Term Debt	9 000	13 000	21 000	36 000
Total Current Debt	750 000	0	6 600 000	1 000
Total Equity and Debt	1 239 000	528 000	7 165 000	3 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	101 000
Revenue	0	0	0	101 000
Cost of Goods Sold	0	0	0	16 000
Salary Costs	0	0	0	11 000
Depreciation	0	0	14 000	11 000
Impairment	0	0	0	0
Expenditure	39 000	38 000	69 000	233 000
Operating Profit	−39 000	−38 000	−69 000	−132 000
Financial Income	750 000	0	4 208 000	1 000
Financial Costs	0	0	0	0
Financial Balance	750 000	0	4 208 000	1 000
Dividends	750 000	0	6 600 000	0
Net Income	715 000	−29 000	4 154 000	−100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	2 755 000
Total Fixed Assets	300 000	300 000	300 000	2 770 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	217 000	211 000	242 000
Total Current Assets	939 000	228 000	6 865 000	258 000
Total Assets	1 239 000	528 000	7 165 000	3 028 000
Total Equity	480 000	515 000	545 000	2 990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	13 000	21 000	36 000
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	750 000	0	6 600 000	0
Other Current Debt	0	0	0	0
Total Current Debt	750 000	0	6 600 000	1 000
Total Equity and Debt	1 239 000	528 000	7 165 000	3 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	148,96 %	−5,63 %	762,2 %	−3,34 %
Debt-to-Equity Ratio	0,02	0,03	0,04	0,01
Operating Profit Margin	-	-	-	−130,69 %
Current Ratio	1,25	-	1,04	258
Quick Ratio	1,25	-	1,04	258
Equity Ratio	0,39	0,98	0,08	0,99
Gross Profit Margin	-	-	-	84,16 %