RENO-VEST BREMNES AS

8416 SORTLAND

Finances

Share Ownership

Return on Equity

46,5 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 845 000	11 869 000	8 700 000	9 879 000
Net Income	9 586 000	2 074 000	12 000	2 143 000
Total Assets	26 942 000	14 188 000	11 697 000	12 555 000
Total Equity	20 614 000	12 466 000	11 014 000	11 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 845 000	11 869 000	8 700 000	9 879 000
Expenditure	10 911 000	9 259 000	8 740 000	7 239 000
Operating Profit	11 934 000	2 610 000	−39 000	2 640 000
Financial Income	364 000	51 000	65 000	114 000
Financial Costs	7 000	2 000	10 000	7 000
Financial Balance	357 000	49 000	55 000	107 000
Earnings Before Tax	12 292 000	2 658 000	16 000	2 747 000
Tax	2 706 000	585 000	4 000	604 000
Net Income	9 586 000	2 074 000	12 000	2 143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 602 000	973 000	1 483 000	2 021 000
Total Current Assets	23 340 000	13 216 000	10 214 000	10 533 000
Total Assets	26 942 000	14 188 000	11 697 000	12 555 000
Total Retained Equity	19 614 000	11 466 000	10 014 000	10 003 000
Total Equity	20 614 000	12 466 000	11 014 000	11 003 000
Total Long-Term Debt	0	2 000	63 000	126 000
Total Current Debt	6 329 000	1 720 000	620 000	1 426 000
Total Equity and Debt	26 942 000	14 188 000	11 697 000	12 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 845 000	11 869 000	8 700 000	9 591 000
Other Income	0	0	0	288 000
Revenue	22 845 000	11 869 000	8 700 000	9 879 000
Cost of Goods Sold	1 343 000	281 000	189 000	451 000
Salary Costs	3 505 000	2 886 000	2 911 000	2 649 000
Depreciation	382 000	523 000	544 000	603 000
Impairment	0	0	0	0
Expenditure	10 911 000	9 259 000	8 740 000	7 239 000
Operating Profit	11 934 000	2 610 000	−39 000	2 640 000
Financial Income	364 000	51 000	65 000	114 000
Financial Costs	7 000	2 000	10 000	7 000
Financial Balance	357 000	49 000	55 000	107 000
Dividends	1 438 000	622 000	0	640 000
Net Income	9 586 000	2 074 000	12 000	2 143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	585 000	554 000	664 000	760 000
Fixtures	267 000	418 000	647 000	876 000
Total Tangible Assets	852 000	973 000	1 311 000	1 636 000
Total Fiancial Fixed Assets	2 723 000	0	172 000	385 000
Total Fixed Assets	3 602 000	973 000	1 483 000	2 021 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 707 000	12 643 000	8 036 000	8 365 000
Total Current Assets	23 340 000	13 216 000	10 214 000	10 533 000
Total Assets	26 942 000	14 188 000	11 697 000	12 555 000
Total Equity	20 614 000	12 466 000	11 014 000	11 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	63 000	126 000
Creditors	1 034 000	116 000	500 000	91 000
Unpaid Taxes	12 000	115 000	11 000	83 000
Dividends	1 438 000	622 000	0	640 000
Other Current Debt	1 109 000	221 000	43 000	8 000
Total Current Debt	6 329 000	1 720 000	620 000	1 426 000
Total Equity and Debt	26 942 000	14 188 000	11 697 000	12 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,5 %	16,64 %	0,11 %	19,48 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	52,24 %	21,99 %	−0,45 %	26,72 %
Current Ratio	3,69	7,68	16,47	7,39
Quick Ratio	3,69	7,68	16,47	7,39
Equity Ratio	0,77	0,88	0,94	0,88
Gross Profit Margin	94,12 %	97,63 %	97,83 %	95,43 %