IDRETTSÅSEN II BORETTSLAG

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

7,59 %

Current Ratio

3,72

Debt-to-Equity Ratio

27,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	620 000	515 000	497 000	499 000
Net Income	57 000	14 000	4 000	−13 000
Total Assets	21 154 000	21 084 000	21 054 000	21 063 000
Total Equity	751 000	694 000	680 000	676 000

Income (NOK)	2022	2021	2020	2019
Revenue	620 000	515 000	497 000	499 000
Expenditure	365 000	364 000	331 000	318 000
Operating Profit	255 000	151 000	166 000	181 000
Financial Income	5 000	0	0	1 000
Financial Costs	202 000	138 000	162 000	195 000
Financial Balance	−197 000	−138 000	−162 000	−194 000
Earnings Before Tax	57 000	14 000	4 000	−13 000
Tax	0	0	0	0
Net Income	57 000	14 000	4 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 746 000	20 746 000	20 746 000	20 746 000
Total Current Assets	409 000	338 000	308 000	317 000
Total Assets	21 154 000	21 084 000	21 054 000	21 063 000
Total Retained Equity	691 000	634 000	620 000	616 000
Total Equity	751 000	694 000	680 000	676 000
Total Long-Term Debt	20 294 000	20 318 000	20 343 000	20 368 000
Total Current Debt	110 000	72 000	30 000	19 000
Total Equity and Debt	21 154 000	21 084 000	21 054 000	21 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	620 000	515 000	0	0
Other Income	0	0	497 000	499 000
Revenue	620 000	515 000	497 000	499 000
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	365 000	364 000	331 000	318 000
Operating Profit	255 000	151 000	166 000	181 000
Financial Income	5 000	0	0	1 000
Financial Costs	202 000	138 000	162 000	195 000
Financial Balance	−197 000	−138 000	−162 000	−194 000
Dividends	0	0	0	0
Net Income	57 000	14 000	4 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 746 000	20 746 000	20 746 000	20 746 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 746 000	20 746 000	20 746 000	20 746 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 746 000	20 746 000	20 746 000	20 746 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	319 000	338 000	308 000	302 000
Total Current Assets	409 000	338 000	308 000	317 000
Total Assets	21 154 000	21 084 000	21 054 000	21 063 000
Total Equity	751 000	694 000	680 000	676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 294 000	20 318 000	20 343 000	20 368 000
Creditors	83 000	52 000	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	20 000	17 000	19 000
Total Current Debt	110 000	72 000	30 000	19 000
Total Equity and Debt	21 154 000	21 084 000	21 054 000	21 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,59 %	2,02 %	0,59 %	−1,92 %
Debt-to-Equity Ratio	27,02	29,28	29,92	30,13
Operating Profit Margin	41,13 %	29,32 %	33,4 %	36,27 %
Current Ratio	3,72	4,69	10,27	16,68
Quick Ratio	3,72	4,69	10,27	16,68
Equity Ratio	0,04	0,03	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %