REINER NORDSVEEN AS

2827 HUNNDALEN

Finances

Return on Equity

95,93 %

Current Ratio

705,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	761 000	431 000	777 000	1 526 000
Net Income	40 470 000	9 273 000	2 960 000	3 221 000
Total Assets	42 243 000	16 850 000	15 159 000	17 631 000
Total Equity	42 186 000	6 716 000	7 444 000	12 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	761 000	431 000	777 000	1 526 000
Expenditure	1 089 000	778 000	776 000	912 000
Operating Profit	−327 000	−347 000	1 000	615 000
Financial Income	41 638 000	9 559 000	2 999 000	2 783 000
Financial Costs	8 000	0	0	0
Financial Balance	41 630 000	9 559 000	2 999 000	2 783 000
Earnings Before Tax	41 302 000	9 212 000	3 000 000	3 398 000
Tax	832 000	−60 000	40 000	177 000
Net Income	40 470 000	9 273 000	2 960 000	3 221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 758 000	8 067 000	7 927 000	8 137 000
Total Current Assets	39 485 000	8 783 000	7 232 000	9 494 000
Total Assets	42 243 000	16 850 000	15 159 000	17 631 000
Total Retained Equity	39 236 000	3 766 000	4 494 000	9 534 000
Total Equity	42 186 000	6 716 000	7 444 000	12 484 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	10 134 000	7 716 000	5 147 000
Total Equity and Debt	42 243 000	16 850 000	15 159 000	17 631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 000	434 000	735 000	352 000
Other Income	616 000	−3 000	42 000	1 174 000
Revenue	761 000	431 000	777 000	1 526 000
Cost of Goods Sold	0	0	0	21 000
Salary Costs	377 000	518 000	513 000	522 000
Depreciation	20 000	68 000	83 000	116 000
Impairment	0	0	0	0
Expenditure	1 089 000	778 000	776 000	912 000
Operating Profit	−327 000	−347 000	1 000	615 000
Financial Income	41 638 000	9 559 000	2 999 000	2 783 000
Financial Costs	8 000	0	0	0
Financial Balance	41 630 000	9 559 000	2 999 000	2 783 000
Dividends	5 000 000	10 000 000	8 000 000	5 000 000
Net Income	40 470 000	9 273 000	2 960 000	3 221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	832 000	772 000	812 000
Real Eastate	0	2 066 000	2 114 000	2 093 000
Machinery and Plant Facilities	60 000	80 000	100 000	0
Fixtures	0	0	0	220 000
Total Tangible Assets	60 000	2 146 000	2 214 000	2 313 000
Total Fiancial Fixed Assets	2 698 000	5 089 000	4 941 000	5 012 000
Total Fixed Assets	2 758 000	8 067 000	7 927 000	8 137 000
Stock	0	0	0	0
Total Investments	10 770 000	0	0	0
Cash, Bank	25 725 000	6 687 000	4 063 000	6 436 000
Total Current Assets	39 485 000	8 783 000	7 232 000	9 494 000
Total Assets	42 243 000	16 850 000	15 159 000	17 631 000
Total Equity	42 186 000	6 716 000	7 444 000	12 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	15 000	13 000	3 000
Unpaid Taxes	0	39 000	127 000	60 000
Dividends	5 000 000	10 000 000	8 000 000	5 000 000
Other Current Debt	44 000	79 000	76 000	85 000
Total Current Debt	56 000	10 134 000	7 716 000	5 147 000
Total Equity and Debt	42 243 000	16 850 000	15 159 000	17 631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,93 %	138,07 %	39,76 %	25,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−42,97 %	−80,51 %	0,13 %	40,3 %
Current Ratio	705,09	0,87	0,94	1,84
Quick Ratio	705,09	0,87	0,94	1,84
Equity Ratio	1	0,4	0,49	0,71
Gross Profit Margin	100 %	100 %	100 %	98,62 %