RIDGEHAVEN VENTURES AS

1367 SNARØYA

Finances

Return on Equity

−18,02 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	251 000	419 000
Net Income	−100 000	−278 000	56 000	238 000
Total Assets	1 200 000	1 272 000	1 477 000	1 363 000
Total Equity	555 000	655 000	933 000	877 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	251 000	419 000
Expenditure	20 000	64 000	247 000	88 000
Operating Profit	−20 000	−64 000	4 000	331 000
Financial Income	0	0	73 000	75 000
Financial Costs	79 000	214 000	21 000	155 000
Financial Balance	−79 000	−214 000	52 000	−80 000
Earnings Before Tax	−100 000	−278 000	56 000	251 000
Tax	0	0	0	14 000
Net Income	−100 000	−278 000	56 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 174 000	1 219 000	1 367 000	1 113 000
Total Current Assets	26 000	53 000	111 000	250 000
Total Assets	1 200 000	1 272 000	1 477 000	1 363 000
Total Retained Equity	451 000	550 000	828 000	772 000
Total Equity	555 000	655 000	933 000	877 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	645 000	617 000	545 000	487 000
Total Equity and Debt	1 200 000	1 272 000	1 477 000	1 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	251 000	415 000
Other Income	0	0	0	4 000
Revenue	0	0	251 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	64 000	247 000	88 000
Operating Profit	−20 000	−64 000	4 000	331 000
Financial Income	0	0	73 000	75 000
Financial Costs	79 000	214 000	21 000	155 000
Financial Balance	−79 000	−214 000	52 000	−80 000
Dividends	0	0	0	0
Net Income	−100 000	−278 000	56 000	238 000

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	178 000	178 000	178 000	178 000
Total Tangible Assets	178 000	178 000	178 000	178 000
Total Fiancial Fixed Assets	996 000	1 041 000	1 189 000	935 000
Total Fixed Assets	1 174 000	1 219 000	1 367 000	1 113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	13 000	3 000	37 000
Total Current Assets	26 000	53 000	111 000	250 000
Total Assets	1 200 000	1 272 000	1 477 000	1 363 000
Total Equity	555 000	655 000	933 000	877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	45 000	0
Unpaid Taxes	0	0	0	103 000
Dividends	0	0	0	0
Other Current Debt	645 000	617 000	500 000	370 000
Total Current Debt	645 000	617 000	545 000	487 000
Total Equity and Debt	1 200 000	1 272 000	1 477 000	1 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,02 %	−42,44 %	6 %	27,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	1,59 %	79 %
Current Ratio	0,04	0,09	0,2	0,51
Quick Ratio	0,04	0,09	0,2	0,51
Equity Ratio	0,46	0,51	0,63	0,64
Gross Profit Margin	-	-	100 %	100 %