REE MINING AS

3427 GULLAUG

Finances

Return on Equity

83,61 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	0	356 000	0
Net Income	5 176 000	3 861 000	21 853 000	725 000
Total Assets	21 178 000	14 066 000	22 139 000	1 217 000
Total Equity	6 191 000	1 016 000	13 070 000	217 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	0	356 000	0
Expenditure	224 000	159 000	505 000	69 000
Operating Profit	−164 000	−160 000	−149 000	−69 000
Financial Income	5 702 000	4 383 000	22 020 000	793 000
Financial Costs	362 000	363 000	18 000	0
Financial Balance	5 340 000	4 020 000	22 002 000	793 000
Earnings Before Tax	5 176 000	3 861 000	21 853 000	725 000
Tax	0	0	0	0
Net Income	5 176 000	3 861 000	21 853 000	725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 416 000	12 300 000	43 000	43 000
Total Current Assets	4 762 000	1 766 000	22 096 000	1 174 000
Total Assets	21 178 000	14 066 000	22 139 000	1 217 000
Total Retained Equity	6 091 000	916 000	12 970 000	117 000
Total Equity	6 191 000	1 016 000	13 070 000	217 000
Total Long-Term Debt	5 842 000	0	0	0
Total Current Debt	9 144 000	13 050 000	9 069 000	1 000 000
Total Equity and Debt	21 178 000	14 066 000	22 139 000	1 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	356 000	0
Other Income	60 000	0	0	0
Revenue	60 000	0	356 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	114 000	0
Depreciation	224 000	71 000	0	0
Impairment	0	0	0	0
Expenditure	224 000	159 000	505 000	69 000
Operating Profit	−164 000	−160 000	−149 000	−69 000
Financial Income	5 702 000	4 383 000	22 020 000	793 000
Financial Costs	362 000	363 000	18 000	0
Financial Balance	5 340 000	4 020 000	22 002 000	793 000
Dividends	0	15 915 000	9 000 000	1 000 000
Net Income	5 176 000	3 861 000	21 853 000	725 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 901 000	6 285 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 901 000	6 285 000	0	0
Total Fiancial Fixed Assets	5 515 000	6 015 000	43 000	43 000
Total Fixed Assets	16 416 000	12 300 000	43 000	43 000
Stock	0	0	0	0
Total Investments	449 000	1 666 000	9 213 000	42 000
Cash, Bank	4 258 000	47 000	2 794 000	740 000
Total Current Assets	4 762 000	1 766 000	22 096 000	1 174 000
Total Assets	21 178 000	14 066 000	22 139 000	1 217 000
Total Equity	6 191 000	1 016 000	13 070 000	217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 842 000	0	0	0
Creditors	0	0	5 000	0
Unpaid Taxes	0	0	64 000	0
Dividends	0	15 915 000	9 000 000	1 000 000
Other Current Debt	9 144 000	50 000	0	0
Total Current Debt	9 144 000	13 050 000	9 069 000	1 000 000
Total Equity and Debt	21 178 000	14 066 000	22 139 000	1 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,61 %	380,02 %	167,2 %	334,1 %
Debt-to-Equity Ratio	0,94	0	0	0
Operating Profit Margin	−273,33 %	-	−41,85 %	-
Current Ratio	0,52	0,14	2,44	1,17
Quick Ratio	0,52	0,14	2,44	1,17
Equity Ratio	0,29	0,07	0,59	0,18
Gross Profit Margin	100 %	-	100 %	-