ROMERIKE DRIFT AS

2016 FROGNER

Finances

Return on Equity

−38,13 %

Current Ratio

0,9

Debt-to-Equity Ratio

5,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	4 000
Net Income	−159 000	1 388 000	−16 000	−8 000
Total Assets	3 718 000	1 409 000	295 000	274 000
Total Equity	417 000	576 000	−12 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	4 000
Expenditure	124 000	11 000	16 000	12 000
Operating Profit	−123 000	−11 000	−16 000	−8 000
Financial Income	0	1 400 000	0	0
Financial Costs	36 000	0	0	0
Financial Balance	−36 000	1 400 000	0	0
Earnings Before Tax	−159 000	1 388 000	−16 000	−8 000
Tax	0	0	0	0
Net Income	−159 000	1 388 000	−16 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 679 000	280 000	280 000	250 000
Total Current Assets	1 040 000	1 129 000	15 000	24 000
Total Assets	3 718 000	1 409 000	295 000	274 000
Total Retained Equity	401 000	560 000	−28 000	−13 000
Total Equity	417 000	576 000	−12 000	4 000
Total Long-Term Debt	2 141 000	0	0	0
Total Current Debt	1 160 000	833 000	307 000	271 000
Total Equity and Debt	3 718 000	1 409 000	295 000	274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	4 000
Other Income	0	0	0	0
Revenue	0	0	0	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	62 000	0	0	0
Impairment	0	0	0	0
Expenditure	124 000	11 000	16 000	12 000
Operating Profit	−123 000	−11 000	−16 000	−8 000
Financial Income	0	1 400 000	0	0
Financial Costs	36 000	0	0	0
Financial Balance	−36 000	1 400 000	0	0
Dividends	0	800 000	0	0
Net Income	−159 000	1 388 000	−16 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 399 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 399 000	0	0	0
Total Fiancial Fixed Assets	280 000	280 000	280 000	250 000
Total Fixed Assets	2 679 000	280 000	280 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	129 000	15 000	21 000
Total Current Assets	1 040 000	1 129 000	15 000	24 000
Total Assets	3 718 000	1 409 000	295 000	274 000
Total Equity	417 000	576 000	−12 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 141 000	0	0	0
Creditors	1 000	−6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	800 000	0	0
Other Current Debt	159 000	39 000	307 000	270 000
Total Current Debt	1 160 000	833 000	307 000	271 000
Total Equity and Debt	3 718 000	1 409 000	295 000	274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,13 %	240,97 %	133,33 %	−200 %
Debt-to-Equity Ratio	5,13	0	−0	0
Operating Profit Margin	-	-	-	−200 %
Current Ratio	0,9	1,36	0,05	0,09
Quick Ratio	0,9	1,36	0,05	0,09
Equity Ratio	0,11	0,41	−0,04	0,01
Gross Profit Margin	-	-	-	100 %