REIT AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

33,57 %

Current Ratio

1,16

Debt-to-Equity Ratio

5,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 308 000	8 006 000	156 000	8 235 000
Net Income	47 000	4 489 000	−178 000	1 080 000
Total Assets	6 096 000	14 530 000	6 938 000	9 446 000
Total Equity	140 000	5 093 000	5 004 000	5 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 308 000	8 006 000	156 000	8 235 000
Expenditure	3 325 000	2 223 000	345 000	6 805 000
Operating Profit	−17 000	5 783 000	−189 000	1 431 000
Financial Income	91 000	3 000	9 000	32 000
Financial Costs	14 000	31 000	48 000	78 000
Financial Balance	77 000	−28 000	−39 000	−46 000
Earnings Before Tax	60 000	5 755 000	−228 000	1 385 000
Tax	13 000	1 266 000	−50 000	305 000
Net Income	47 000	4 489 000	−178 000	1 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	45 000	4 807 000	4 796 000
Total Current Assets	6 068 000	14 485 000	2 131 000	4 650 000
Total Assets	6 096 000	14 530 000	6 938 000	9 446 000
Total Retained Equity	40 000	4 993 000	4 904 000	5 082 000
Total Equity	140 000	5 093 000	5 004 000	5 182 000
Total Long-Term Debt	726 000	2 062 000	1 263 000	2 364 000
Total Current Debt	5 230 000	7 375 000	672 000	1 900 000
Total Equity and Debt	6 096 000	14 530 000	6 938 000	9 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 615 000	2 457 000	157 000	8 092 000
Other Income	−308 000	5 550 000	0	143 000
Revenue	3 308 000	8 006 000	156 000	8 235 000
Cost of Goods Sold	3 000 000	2 046 000	−12 000	4 140 000
Salary Costs	0	0	43 000	1 854 000
Depreciation	17 000	6 000	0	56 000
Impairment	0	0	0	0
Expenditure	3 325 000	2 223 000	345 000	6 805 000
Operating Profit	−17 000	5 783 000	−189 000	1 431 000
Financial Income	91 000	3 000	9 000	32 000
Financial Costs	14 000	31 000	48 000	78 000
Financial Balance	77 000	−28 000	−39 000	−46 000
Dividends	5 000 000	4 400 000	0	0
Net Income	47 000	4 489 000	−178 000	1 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	45 000	56 000	6 000
Real Eastate	0	0	4 751 000	4 751 000
Machinery and Plant Facilities	0	0	0	17 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	4 751 000	4 768 000
Total Fiancial Fixed Assets	0	0	0	22 000
Total Fixed Assets	28 000	45 000	4 807 000	4 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 427 000	1 431 000	2 078 000	2 721 000
Total Current Assets	6 068 000	14 485 000	2 131 000	4 650 000
Total Assets	6 096 000	14 530 000	6 938 000	9 446 000
Total Equity	140 000	5 093 000	5 004 000	5 182 000
Short-Term Group Debt	0	1 720 000	0	0
Total Long-Term Debt	726 000	2 062 000	1 263 000	2 364 000
Creditors	140 000	900 000	30 000	1 133 000
Unpaid Taxes	−167 000	42 000	3 000	288 000
Dividends	5 000 000	4 400 000	0	0
Other Current Debt	59 000	13 000	638 000	160 000
Total Current Debt	5 230 000	7 375 000	672 000	1 900 000
Total Equity and Debt	6 096 000	14 530 000	6 938 000	9 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,57 %	88,14 %	−3,56 %	20,84 %
Debt-to-Equity Ratio	5,19	0,4	0,25	0,46
Operating Profit Margin	−0,51 %	72,23 %	−121,15 %	17,38 %
Current Ratio	1,16	1,96	3,17	2,45
Quick Ratio	1,16	1,96	3,17	2,45
Equity Ratio	0,02	0,35	0,72	0,55
Gross Profit Margin	9,31 %	74,44 %	107,69 %	49,73 %