REDDALSVEIEN 35 AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

−3,09 %

Current Ratio

11,03

Debt-to-Equity Ratio

2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 780 000	2 550 000	2 589 000	2 585 000
Net Income	−277 000	98 000	9 000	704 000
Total Assets	36 004 000	36 137 000	36 504 000	36 888 000
Total Equity	8 973 000	9 333 000	9 235 000	9 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 780 000	2 550 000	2 589 000	2 585 000
Expenditure	2 046 000	1 817 000	1 799 000	991 000
Operating Profit	734 000	732 000	791 000	1 593 000
Financial Income	0	0	0	1 000
Financial Costs	1 004 000	607 000	779 000	1 000 000
Financial Balance	−1 004 000	−607 000	−779 000	−999 000
Earnings Before Tax	−270 000	125 000	12 000	595 000
Tax	7 000	28 000	3 000	−109 000
Net Income	−277 000	98 000	9 000	704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 563 000	33 387 000	34 289 000	35 209 000
Total Current Assets	3 441 000	2 750 000	2 216 000	1 679 000
Total Assets	36 004 000	36 137 000	36 504 000	36 888 000
Total Retained Equity	1 260 000	1 620 000	1 523 000	1 513 000
Total Equity	8 973 000	9 333 000	9 235 000	9 114 000
Total Long-Term Debt	26 719 000	26 591 000	26 948 000	27 650 000
Total Current Debt	312 000	213 000	321 000	124 000
Total Equity and Debt	36 004 000	36 137 000	36 504 000	36 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 780 000	2 550 000	2 589 000	2 585 000
Revenue	2 780 000	2 550 000	2 589 000	2 585 000
Cost of Goods Sold	0	35 000	60 000	34 000
Salary Costs	0	0	0	0
Depreciation	1 068 000	1 147 000	1 147 000	1 113 000
Impairment	0	0	0	−1 092 000
Expenditure	2 046 000	1 817 000	1 799 000	991 000
Operating Profit	734 000	732 000	791 000	1 593 000
Financial Income	0	0	0	1 000
Financial Costs	1 004 000	607 000	779 000	1 000 000
Financial Balance	−1 004 000	−607 000	−779 000	−999 000
Dividends	0	0	0	0
Net Income	−277 000	98 000	9 000	704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	299 000	282 000	310 000	344 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 234 000	25 101 000	25 986 000	26 950 000
Fixtures	212 000	185 000	194 000	152 000
Total Tangible Assets	24 445 000	25 286 000	26 181 000	27 101 000
Total Fiancial Fixed Assets	7 818 000	7 818 000	7 798 000	7 763 000
Total Fixed Assets	32 563 000	33 387 000	34 289 000	35 209 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	503 000	452 000	398 000
Total Current Assets	3 441 000	2 750 000	2 216 000	1 679 000
Total Assets	36 004 000	36 137 000	36 504 000	36 888 000
Total Equity	8 973 000	9 333 000	9 235 000	9 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 719 000	26 591 000	26 948 000	27 650 000
Creditors	156 000	213 000	287 000	124 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	49 000	0	34 000	0
Total Current Debt	312 000	213 000	321 000	124 000
Total Equity and Debt	36 004 000	36 137 000	36 504 000	36 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,09 %	1,05 %	0,1 %	7,72 %
Debt-to-Equity Ratio	2,98	2,85	2,92	3,03
Operating Profit Margin	26,4 %	28,71 %	30,55 %	61,62 %
Current Ratio	11,03	12,91	6,9	13,54
Quick Ratio	11,03	12,91	6,9	13,54
Equity Ratio	0,25	0,26	0,25	0,25
Gross Profit Margin	100 %	98,63 %	97,68 %	98,68 %