RUBBER INNOVATION HOLDING AS

0283 OSLO

Finances

Return on Equity

2,77 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	3 750 000	0	117 000
Net Income	1 302 000	5 189 000	2 311 000	−10 529 000
Total Assets	52 039 000	50 816 000	31 783 000	4 796 000
Total Equity	46 985 000	45 683 000	30 911 000	−5 805 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	3 750 000	0	117 000
Expenditure	297 000	986 000	1 901 000	10 499 000
Operating Profit	−297 000	2 764 000	−1 901 000	−10 382 000
Financial Income	1 459 000	2 428 000	4 212 000	61 000
Financial Costs	−140 000	2 000	1 000	208 000
Financial Balance	1 599 000	2 426 000	4 211 000	−147 000
Earnings Before Tax	1 302 000	5 189 000	2 311 000	−10 529 000
Tax	0	0	0	0
Net Income	1 302 000	5 189 000	2 311 000	−10 529 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	35 448 000	33 989 000	31 754 000	52 000
Total Current Assets	16 591 000	16 827 000	29 000	4 744 000
Total Assets	52 039 000	50 816 000	31 783 000	4 796 000
Total Retained Equity	−1 993 000	−3 295 000	−8 432 000	−10 742 000
Total Equity	46 985 000	45 683 000	30 911 000	−5 805 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 055 000	5 133 000	872 000	10 601 000
Total Equity and Debt	52 039 000	50 816 000	31 783 000	4 796 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	117 000
Other Income	0	3 750 000	0	0
Revenue	0	3 750 000	0	117 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	358 000	237 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	297 000	986 000	1 901 000	10 499 000
Operating Profit	−297 000	2 764 000	−1 901 000	−10 382 000
Financial Income	1 459 000	2 428 000	4 212 000	61 000
Financial Costs	−140 000	2 000	1 000	208 000
Financial Balance	1 599 000	2 426 000	4 211 000	−147 000
Dividends	0	52 000	0	0
Net Income	1 302 000	5 189 000	2 311 000	−10 529 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	35 448 000	33 989 000	31 754 000	52 000
Total Fixed Assets	35 448 000	33 989 000	31 754 000	52 000
Stock	0	0	0	0
Total Investments	6 497 000	6 911 000	0	0
Cash, Bank	4 000	89 000	16 000	1 315 000
Total Current Assets	16 591 000	16 827 000	29 000	4 744 000
Total Assets	52 039 000	50 816 000	31 783 000	4 796 000
Total Equity	46 985 000	45 683 000	30 911 000	−5 805 000
Short-Term Group Debt	1 060 000	538 000	20 000	187 000
Total Long-Term Debt	0	0	0	0
Creditors	653 000	665 000	726 000	4 793 000
Unpaid Taxes	0	190 000	0	0
Dividends	0	52 000	0	0
Other Current Debt	3 342 000	3 740 000	126 000	5 620 000
Total Current Debt	5 055 000	5 133 000	872 000	10 601 000
Total Equity and Debt	52 039 000	50 816 000	31 783 000	4 796 000

Financial indicators	2021	2020	2019	2018
Return on Equity	2,77 %	11,36 %	7,48 %	181,38 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	73,71 %	-	−8 873,5 %
Current Ratio	3,28	3,28	0,03	0,45
Quick Ratio	3,28	3,28	0,03	0,45
Equity Ratio	0,9	0,9	0,97	−1,21
Gross Profit Margin	-	100 %	-	100 %