NEDRE ENGELSTAD HOLDING AS

2030 NANNESTAD

Finances

Return on Equity

31,17 %

Current Ratio

5,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	481 000	153 000	200 000	0
Net Income	11 701 000	27 916 000	740 000	5 827 000
Total Assets	38 895 000	48 307 000	15 445 000	15 226 000
Total Equity	37 535 000	34 191 000	9 276 000	12 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	481 000	153 000	200 000	0
Expenditure	192 000	163 000	203 000	73 000
Operating Profit	290 000	−10 000	−3 000	−73 000
Financial Income	11 942 000	37 443 000	9 744 000	11 492 000
Financial Costs	418 000	9 278 000	8 862 000	5 447 000
Financial Balance	11 524 000	28 165 000	882 000	6 045 000
Earnings Before Tax	11 815 000	28 155 000	879 000	5 973 000
Tax	114 000	239 000	138 000	146 000
Net Income	11 701 000	27 916 000	740 000	5 827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 698 000	13 174 000	13 725 000	13 531 000
Total Current Assets	7 198 000	35 133 000	1 720 000	1 696 000
Total Assets	38 895 000	48 307 000	15 445 000	15 226 000
Total Retained Equity	37 428 000	34 085 000	9 169 000	12 420 000
Total Equity	37 535 000	34 191 000	9 276 000	12 526 000
Total Long-Term Debt	53 000	6 856 000	5 484 000	1 993 000
Total Current Debt	1 308 000	7 259 000	685 000	707 000
Total Equity and Debt	38 895 000	48 307 000	15 445 000	15 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	3 000	50 000	0
Other Income	433 000	150 000	150 000	0
Revenue	481 000	153 000	200 000	0
Cost of Goods Sold	0	3 000	2 000	0
Salary Costs	0	0	0	0
Depreciation	27 000	52 000	51 000	45 000
Impairment	0	0	0	0
Expenditure	192 000	163 000	203 000	73 000
Operating Profit	290 000	−10 000	−3 000	−73 000
Financial Income	11 942 000	37 443 000	9 744 000	11 492 000
Financial Costs	418 000	9 278 000	8 862 000	5 447 000
Financial Balance	11 524 000	28 165 000	882 000	6 045 000
Dividends	8 300 000	3 000 000	3 991 000	5 900 000
Net Income	11 701 000	27 916 000	740 000	5 827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 920 000	3 920 000	0
Machinery and Plant Facilities	0	27 000	72 000	117 000
Fixtures	0	22 000	29 000	0
Total Tangible Assets	0	3 968 000	4 020 000	117 000
Total Fiancial Fixed Assets	31 698 000	9 206 000	9 705 000	13 414 000
Total Fixed Assets	31 698 000	13 174 000	13 725 000	13 531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 671 000	91 000	123 000	674 000
Total Current Assets	7 198 000	35 133 000	1 720 000	1 696 000
Total Assets	38 895 000	48 307 000	15 445 000	15 226 000
Total Equity	37 535 000	34 191 000	9 276 000	12 526 000
Short-Term Group Debt	1 176 000	116 000	630 000	679 000
Total Long-Term Debt	53 000	6 856 000	5 484 000	1 993 000
Creditors	12 000	12 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	8 300 000	3 000 000	3 991 000	5 900 000
Other Current Debt	120 000	4 131 000	55 000	28 000
Total Current Debt	1 308 000	7 259 000	685 000	707 000
Total Equity and Debt	38 895 000	48 307 000	15 445 000	15 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,17 %	81,65 %	7,98 %	46,52 %
Debt-to-Equity Ratio	0	0,2	0,59	0,16
Operating Profit Margin	60,29 %	−6,54 %	−1,5 %	-
Current Ratio	5,5	4,84	2,51	2,4
Quick Ratio	5,5	4,84	2,51	2,4
Equity Ratio	0,97	0,71	0,6	0,82
Gross Profit Margin	100 %	98,04 %	99 %	-