NEED HOLDING AS

7056 RANHEIM

Finances

Return on Equity

7,9 %

Current Ratio

3,44

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	80 000
Net Income	861 000	2 167 000	2 328 000	1 710 000
Total Assets	38 897 000	42 742 000	43 334 000	35 493 000
Total Equity	10 905 000	13 144 000	13 862 000	12 334 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	80 000
Expenditure	136 000	139 000	112 000	126 000
Operating Profit	−137 000	−139 000	−73 000	−46 000
Financial Income	2 077 000	3 435 000	3 856 000	2 949 000
Financial Costs	836 000	519 000	1 456 000	710 000
Financial Balance	1 241 000	2 916 000	2 400 000	2 239 000
Earnings Before Tax	1 104 000	2 778 000	2 327 000	2 192 000
Tax	243 000	611 000	−1 000	482 000
Net Income	861 000	2 167 000	2 328 000	1 710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 384 000	36 989 000	36 181 000	32 404 000
Total Current Assets	6 512 000	5 753 000	7 153 000	3 089 000
Total Assets	38 897 000	42 742 000	43 334 000	35 493 000
Total Retained Equity	10 360 000	12 599 000	13 317 000	11 789 000
Total Equity	10 905 000	13 144 000	13 862 000	12 334 000
Total Long-Term Debt	26 100 000	27 550 000	29 000 000	19 436 000
Total Current Debt	1 892 000	2 048 000	472 000	3 723 000
Total Equity and Debt	38 897 000	42 742 000	43 334 000	35 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	40 000	80 000
Revenue	0	0	40 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	136 000	139 000	112 000	126 000
Operating Profit	−137 000	−139 000	−73 000	−46 000
Financial Income	2 077 000	3 435 000	3 856 000	2 949 000
Financial Costs	836 000	519 000	1 456 000	710 000
Financial Balance	1 241 000	2 916 000	2 400 000	2 239 000
Dividends	1 500 000	0	0	0
Net Income	861 000	2 167 000	2 328 000	1 710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	14 000	13 000	12 000
Real Eastate	281 000	304 000	328 000	351 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	281 000	304 000	328 000	351 000
Total Fiancial Fixed Assets	32 091 000	36 671 000	35 841 000	32 041 000
Total Fixed Assets	32 384 000	36 989 000	36 181 000	32 404 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 512 000	2 420 000	5 280 000	1 000
Total Current Assets	6 512 000	5 753 000	7 153 000	3 089 000
Total Assets	38 897 000	42 742 000	43 334 000	35 493 000
Total Equity	10 905 000	13 144 000	13 862 000	12 334 000
Short-Term Group Debt	38 000	1 775 000	429 000	3 147 000
Total Long-Term Debt	26 100 000	27 550 000	29 000 000	19 436 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	0	0	0
Other Current Debt	111 000	51 000	43 000	94 000
Total Current Debt	1 892 000	2 048 000	472 000	3 723 000
Total Equity and Debt	38 897 000	42 742 000	43 334 000	35 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,9 %	16,49 %	16,79 %	13,86 %
Debt-to-Equity Ratio	2,39	2,1	2,09	1,58
Operating Profit Margin	-	-	−182,5 %	−57,5 %
Current Ratio	3,44	2,81	15,15	0,83
Quick Ratio	3,44	2,81	15,15	0,83
Equity Ratio	0,28	0,31	0,32	0,35
Gross Profit Margin	-	-	100 %	100 %