NEDRE ØRENGATE 11 AS

3029 DRAMMEN

Finances

Share Ownership

Return on Equity

20,17 %

Current Ratio

5,12

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	574 000	604 000	549 000	683 000
Net Income	238 000	84 000	269 000	−33 000
Total Assets	2 437 000	2 109 000	2 084 000	1 593 000
Total Equity	1 180 000	942 000	858 000	588 000

Income (NOK)	2022	2021	2020	2019
Revenue	574 000	604 000	549 000	683 000
Expenditure	233 000	463 000	177 000	691 000
Operating Profit	341 000	141 000	372 000	−8 000
Financial Income	0	0	−51 000	0
Financial Costs	28 000	27 000	0	25 000
Financial Balance	−28 000	−27 000	−51 000	−25 000
Earnings Before Tax	313 000	114 000	321 000	−33 000
Tax	75 000	30 000	51 000	0
Net Income	238 000	84 000	269 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	943 000	1 011 000	1 079 000
Total Current Assets	1 562 000	1 166 000	1 073 000	514 000
Total Assets	2 437 000	2 109 000	2 084 000	1 593 000
Total Retained Equity	1 080 000	842 000	758 000	488 000
Total Equity	1 180 000	942 000	858 000	588 000
Total Long-Term Debt	952 000	928 000	901 000	849 000
Total Current Debt	305 000	240 000	325 000	155 000
Total Equity and Debt	2 437 000	2 109 000	2 084 000	1 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	11 000
Other Income	574 000	604 000	549 000	672 000
Revenue	574 000	604 000	549 000	683 000
Cost of Goods Sold	0	60 000	25 000	8 000
Salary Costs	0	0	0	0
Depreciation	68 000	68 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	233 000	463 000	177 000	691 000
Operating Profit	341 000	141 000	372 000	−8 000
Financial Income	0	0	−51 000	0
Financial Costs	28 000	27 000	0	25 000
Financial Balance	−28 000	−27 000	−51 000	−25 000
Dividends	0	0	0	0
Net Income	238 000	84 000	269 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	875 000	943 000	1 011 000	1 079 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	875 000	943 000	1 011 000	1 079 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	875 000	943 000	1 011 000	1 079 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 544 000	1 148 000	1 055 000	476 000
Total Current Assets	1 562 000	1 166 000	1 073 000	514 000
Total Assets	2 437 000	2 109 000	2 084 000	1 593 000
Total Equity	1 180 000	942 000	858 000	588 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	952 000	928 000	901 000	849 000
Creditors	10 000	14 000	14 000	13 000
Unpaid Taxes	123 000	99 000	87 000	0
Dividends	0	0	0	0
Other Current Debt	98 000	96 000	173 000	142 000
Total Current Debt	305 000	240 000	325 000	155 000
Total Equity and Debt	2 437 000	2 109 000	2 084 000	1 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,17 %	8,92 %	31,35 %	−5,61 %
Debt-to-Equity Ratio	0,81	0,99	1,05	1,44
Operating Profit Margin	59,41 %	23,34 %	67,76 %	−1,17 %
Current Ratio	5,12	4,86	3,3	3,32
Quick Ratio	5,12	4,86	3,3	3,32
Equity Ratio	0,48	0,45	0,41	0,37
Gross Profit Margin	100 %	90,07 %	95,45 %	98,83 %