REINEFJORD AS

8390 REINE

Finances

Share Ownership

Return on Equity

28,29 %

Current Ratio

0,87

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 929 000	1 880 000	3 641 000	4 621 000
Net Income	1 832 000	−713 000	−434 000	−281 000
Total Assets	14 910 000	14 899 000	14 758 000	15 607 000
Total Equity	6 476 000	4 644 000	5 357 000	5 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 929 000	1 880 000	3 641 000	4 621 000
Expenditure	3 924 000	2 500 000	3 833 000	4 729 000
Operating Profit	4 000	−620 000	−192 000	−108 000
Financial Income	7 000	16 000	30 000	13 000
Financial Costs	412 000	310 000	393 000	262 000
Financial Balance	−405 000	−294 000	−363 000	−249 000
Earnings Before Tax	−401 000	−914 000	−556 000	−357 000
Tax	−2 233 000	−201 000	−122 000	−77 000
Net Income	1 832 000	−713 000	−434 000	−281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 140 000	13 284 000	14 069 000	12 271 000
Total Current Assets	770 000	1 615 000	688 000	3 336 000
Total Assets	14 910 000	14 899 000	14 758 000	15 607 000
Total Retained Equity	6 134 000	4 302 000	5 015 000	5 448 000
Total Equity	6 476 000	4 644 000	5 357 000	5 791 000
Total Long-Term Debt	7 548 000	9 455 000	8 424 000	8 926 000
Total Current Debt	885 000	799 000	976 000	890 000
Total Equity and Debt	14 910 000	14 899 000	14 758 000	15 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 805 000	2 835 000	3 124 000
Other Income	3 929 000	75 000	806 000	1 497 000
Revenue	3 929 000	1 880 000	3 641 000	4 621 000
Cost of Goods Sold	12 000	3 000	21 000	789 000
Salary Costs	1 426 000	1 114 000	2 202 000	2 255 000
Depreciation	443 000	415 000	447 000	362 000
Impairment	0	0	0	0
Expenditure	3 924 000	2 500 000	3 833 000	4 729 000
Operating Profit	4 000	−620 000	−192 000	−108 000
Financial Income	7 000	16 000	30 000	13 000
Financial Costs	412 000	310 000	393 000	262 000
Financial Balance	−405 000	−294 000	−363 000	−249 000
Dividends	0	0	0	0
Net Income	1 832 000	−713 000	−434 000	−281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 550 000	7 550 000	7 550 000	5 500 000
Real Eastate	1 504 000	1 541 000	1 578 000	1 497 000
Machinery and Plant Facilities	42 000	6 000	9 000	13 000
Fixtures	142 000	285 000	469 000	697 000
Total Tangible Assets	6 570 000	5 685 000	6 313 000	6 407 000
Total Fiancial Fixed Assets	21 000	48 000	206 000	364 000
Total Fixed Assets	14 140 000	13 284 000	14 069 000	12 271 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	702 000	213 000	629 000	3 085 000
Total Current Assets	770 000	1 615 000	688 000	3 336 000
Total Assets	14 910 000	14 899 000	14 758 000	15 607 000
Total Equity	6 476 000	4 644 000	5 357 000	5 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 548 000	9 455 000	8 424 000	8 926 000
Creditors	468 000	37 000	156 000	327 000
Unpaid Taxes	224 000	456 000	457 000	58 000
Dividends	0	0	0	0
Other Current Debt	194 000	56 000	109 000	294 000
Total Current Debt	885 000	799 000	976 000	890 000
Total Equity and Debt	14 910 000	14 899 000	14 758 000	15 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,29 %	−15,35 %	−8,1 %	−4,85 %
Debt-to-Equity Ratio	1,17	2,04	1,57	1,54
Operating Profit Margin	0,1 %	−32,98 %	−5,27 %	−2,34 %
Current Ratio	0,87	2,02	0,7	3,75
Quick Ratio	0,87	2,02	0,7	3,75
Equity Ratio	0,43	0,31	0,36	0,37
Gross Profit Margin	99,69 %	99,84 %	99,42 %	82,93 %