REN BLINDHEIM AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

7,2 %

Current Ratio

2,12

Debt-to-Equity Ratio

3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 290 000	5 234 000	2 601 000	2 566 000
Net Income	1 036 000	981 000	757 000	585 000
Total Assets	64 960 000	66 044 000	65 165 000	32 044 000
Total Equity	14 386 000	14 683 000	7 912 000	7 655 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 290 000	5 234 000	2 601 000	2 566 000
Expenditure	2 229 000	2 249 000	914 000	915 000
Operating Profit	3 061 000	2 985 000	1 686 000	1 651 000
Financial Income	161 000	13 000	1 000	0
Financial Costs	1 894 000	1 741 000	717 000	902 000
Financial Balance	−1 733 000	−1 728 000	−716 000	−902 000
Earnings Before Tax	1 328 000	1 257 000	971 000	750 000
Tax	292 000	277 000	213 000	165 000
Net Income	1 036 000	981 000	757 000	585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 482 000	62 438 000	64 400 000	31 392 000
Total Current Assets	4 478 000	3 606 000	766 000	652 000
Total Assets	64 960 000	66 044 000	65 165 000	32 044 000
Total Retained Equity	0	5 000	984 000	727 000
Total Equity	14 386 000	14 683 000	7 912 000	7 655 000
Total Long-Term Debt	48 465 000	48 715 000	22 509 000	23 336 000
Total Current Debt	2 108 000	2 646 000	34 745 000	1 053 000
Total Equity and Debt	64 960 000	66 044 000	65 165 000	32 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 234 000	2 601 000	2 566 000
Other Income	5 290 000	0	0	0
Revenue	5 290 000	5 234 000	2 601 000	2 566 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 957 000	1 961 000	818 000	818 000
Impairment	0	0	0	0
Expenditure	2 229 000	2 249 000	914 000	915 000
Operating Profit	3 061 000	2 985 000	1 686 000	1 651 000
Financial Income	161 000	13 000	1 000	0
Financial Costs	1 894 000	1 741 000	717 000	902 000
Financial Balance	−1 733 000	−1 728 000	−716 000	−902 000
Dividends	0	1 960 000	500 000	0
Net Income	1 036 000	981 000	757 000	585 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	60 482 000	62 438 000	64 395 000	31 383 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	9 000
Total Tangible Assets	60 482 000	62 438 000	64 400 000	31 392 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 482 000	62 438 000	64 400 000	31 392 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 144 000	190 000	495 000	89 000
Total Current Assets	4 478 000	3 606 000	766 000	652 000
Total Assets	64 960 000	66 044 000	65 165 000	32 044 000
Total Equity	14 386 000	14 683 000	7 912 000	7 655 000
Short-Term Group Debt	1 708 000	0	0	0
Total Long-Term Debt	48 465 000	48 715 000	22 509 000	23 336 000
Creditors	6 000	2 000	3 000	5 000
Unpaid Taxes	219 000	234 000	107 000	106 000
Dividends	0	1 960 000	500 000	0
Other Current Debt	175 000	110 000	34 134 000	942 000
Total Current Debt	2 108 000	2 646 000	34 745 000	1 053 000
Total Equity and Debt	64 960 000	66 044 000	65 165 000	32 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,2 %	6,68 %	9,57 %	7,64 %
Debt-to-Equity Ratio	3,37	3,32	2,84	3,05
Operating Profit Margin	57,86 %	57,03 %	64,82 %	64,34 %
Current Ratio	2,12	1,36	0,02	0,62
Quick Ratio	2,12	1,36	0,02	0,62
Equity Ratio	0,22	0,22	0,12	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %