CROATIA REN AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−58,27 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	79 000	51 000	102 000
Net Income	−16 919 000	−1 647 000	−3 959 000	−2 289 000
Total Assets	38 666 000	47 921 000	37 589 000	41 049 000
Total Equity	29 034 000	34 564 000	26 152 000	25 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	79 000	51 000	102 000
Expenditure	5 687 000	1 901 000	4 320 000	2 693 000
Operating Profit	−5 609 000	−1 822 000	−4 269 000	−2 591 000
Financial Income	3 000	1 048 000	1 184 000	1 275 000
Financial Costs	11 313 000	873 000	873 000	973 000
Financial Balance	−11 310 000	175 000	311 000	302 000
Earnings Before Tax	−16 919 000	−1 647 000	−3 959 000	−2 289 000
Tax	0	0	0	0
Net Income	−16 919 000	−1 647 000	−3 959 000	−2 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 303 000	45 258 000	36 231 000	35 054 000
Total Current Assets	3 363 000	2 664 000	1 358 000	5 995 000
Total Assets	38 666 000	47 921 000	37 589 000	41 049 000
Total Retained Equity	−37 541 000	−20 622 000	−18 975 000	−15 016 000
Total Equity	29 034 000	34 564 000	26 152 000	25 124 000
Total Long-Term Debt	0	3 666 000	9 193 000	12 890 000
Total Current Debt	9 632 000	9 692 000	2 243 000	3 035 000
Total Equity and Debt	38 666 000	47 921 000	37 589 000	41 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	79 000	51 000	102 000
Other Income	0	0	0	0
Revenue	78 000	79 000	51 000	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	868 000	563 000	884 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 687 000	1 901 000	4 320 000	2 693 000
Operating Profit	−5 609 000	−1 822 000	−4 269 000	−2 591 000
Financial Income	3 000	1 048 000	1 184 000	1 275 000
Financial Costs	11 313 000	873 000	873 000	973 000
Financial Balance	−11 310 000	175 000	311 000	302 000
Dividends	0	0	0	0
Net Income	−16 919 000	−1 647 000	−3 959 000	−2 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	35 303 000	45 258 000	36 231 000	35 054 000
Total Fixed Assets	35 303 000	45 258 000	36 231 000	35 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 683 000	1 269 000	473 000	5 118 000
Total Current Assets	3 363 000	2 664 000	1 358 000	5 995 000
Total Assets	38 666 000	47 921 000	37 589 000	41 049 000
Total Equity	29 034 000	34 564 000	26 152 000	25 124 000
Short-Term Group Debt	0	5 000	0	0
Total Long-Term Debt	0	3 666 000	9 193 000	12 890 000
Creditors	6 000	0	4 000	23 000
Unpaid Taxes	146 000	2 000	2 000	32 000
Dividends	0	0	0	0
Other Current Debt	2 480 000	2 685 000	2 238 000	2 980 000
Total Current Debt	9 632 000	9 692 000	2 243 000	3 035 000
Total Equity and Debt	38 666 000	47 921 000	37 589 000	41 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,27 %	−4,77 %	−15,14 %	−9,11 %
Debt-to-Equity Ratio	0	0,11	0,35	0,51
Operating Profit Margin	−7 191,03 %	−2 306,33 %	−8 370,59 %	−2 540,2 %
Current Ratio	0,35	0,27	0,61	1,98
Quick Ratio	0,35	0,27	0,61	1,98
Equity Ratio	0,75	0,72	0,7	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %