LITZHEIM & RØNAAS EIENDOM AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

43,88 %

Current Ratio

Debt-to-Equity Ratio

15,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	198 000	183 000	152 000	39 000
Net Income	129 000	112 000	76 000	−12 000
Total Assets	4 806 000	4 677 000	4 762 000	4 691 000
Total Equity	294 000	165 000	52 000	−24 000

Income (NOK)	2022	2021	2020	2019
Revenue	198 000	183 000	152 000	39 000
Expenditure	69 000	72 000	76 000	52 000
Operating Profit	128 000	111 000	76 000	−13 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	1 000
Earnings Before Tax	129 000	112 000	76 000	−12 000
Tax	0	0	0	0
Net Income	129 000	112 000	76 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 624 000
Total Current Assets	192 000	63 000	148 000	67 000
Total Assets	4 806 000	4 677 000	4 762 000	4 691 000
Total Retained Equity	264 000	135 000	22 000	−54 000
Total Equity	294 000	165 000	52 000	−24 000
Total Long-Term Debt	4 510 000	4 510 000	4 710 000	4 710 000
Total Current Debt	3 000	3 000	0	5 000
Total Equity and Debt	4 806 000	4 677 000	4 762 000	4 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	198 000	183 000	152 000	39 000
Revenue	198 000	183 000	152 000	39 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	72 000	76 000	52 000
Operating Profit	128 000	111 000	76 000	−13 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	1 000
Dividends	0	0	0	0
Net Income	129 000	112 000	76 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 614 000	4 614 000	4 614 000	4 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 614 000	4 614 000	4 614 000	4 614 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 624 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	192 000	63 000	148 000	46 000
Total Current Assets	192 000	63 000	148 000	67 000
Total Assets	4 806 000	4 677 000	4 762 000	4 691 000
Total Equity	294 000	165 000	52 000	−24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 510 000	4 510 000	4 710 000	4 710 000
Creditors	3 000	3 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 000	3 000	0	5 000
Total Equity and Debt	4 806 000	4 677 000	4 762 000	4 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,88 %	67,88 %	146,15 %	50 %
Debt-to-Equity Ratio	15,34	27,33	90,58	−196,25
Operating Profit Margin	64,65 %	60,66 %	50 %	−33,33 %
Current Ratio	64	21	-	13,4
Quick Ratio	64	21	-	13,4
Equity Ratio	0,06	0,04	0,01	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %