REDQ AS

1364 FORNEBU

Finances

Return on Equity

34,96 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 543 000	13 054 000	10 748 000	11 400 000
Net Income	846 000	983 000	170 000	−153 000
Total Assets	5 075 000	5 715 000	4 376 000	3 962 000
Total Equity	2 420 000	1 574 000	2 241 000	2 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 543 000	13 054 000	10 748 000	11 400 000
Expenditure	10 284 000	11 413 000	10 459 000	11 568 000
Operating Profit	1 259 000	1 641 000	290 000	−169 000
Financial Income	33 000	26 000	29 000	31 000
Financial Costs	5 000	423 000	3 000	14 000
Financial Balance	28 000	−397 000	26 000	17 000
Earnings Before Tax	1 287 000	1 244 000	317 000	−151 000
Tax	441 000	261 000	147 000	2 000
Net Income	846 000	983 000	170 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	26 000	26 000	60 000
Total Current Assets	5 040 000	5 689 000	4 350 000	3 902 000
Total Assets	5 075 000	5 715 000	4 376 000	3 962 000
Total Retained Equity	2 378 000	1 532 000	2 196 000	2 026 000
Total Equity	2 420 000	1 574 000	2 241 000	2 071 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 655 000	4 141 000	2 135 000	1 891 000
Total Equity and Debt	5 075 000	5 715 000	4 376 000	3 962 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 543 000	13 054 000	10 748 000	11 396 000
Other Income	0	0	0	4 000
Revenue	11 543 000	13 054 000	10 748 000	11 400 000
Cost of Goods Sold	2 637 000	2 477 000	2 016 000	2 237 000
Salary Costs	6 148 000	8 386 000	7 000 000	7 517 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 284 000	11 413 000	10 459 000	11 568 000
Operating Profit	1 259 000	1 641 000	290 000	−169 000
Financial Income	33 000	26 000	29 000	31 000
Financial Costs	5 000	423 000	3 000	14 000
Financial Balance	28 000	−397 000	26 000	17 000
Dividends	0	1 500 000	0	0
Net Income	846 000	983 000	170 000	−153 000

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	35 000	26 000	26 000	60 000
Total Fixed Assets	35 000	26 000	26 000	60 000
Stock	0	0	0	0
Total Investments	104 000	104 000	0	0
Cash, Bank	1 466 000	4 040 000	2 395 000	1 375 000
Total Current Assets	5 040 000	5 689 000	4 350 000	3 902 000
Total Assets	5 075 000	5 715 000	4 376 000	3 962 000
Total Equity	2 420 000	1 574 000	2 241 000	2 071 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	572 000	407 000	328 000	474 000
Unpaid Taxes	637 000	918 000	943 000	743 000
Dividends	0	1 500 000	0	0
Other Current Debt	974 000	1 055 000	718 000	673 000
Total Current Debt	2 655 000	4 141 000	2 135 000	1 891 000
Total Equity and Debt	5 075 000	5 715 000	4 376 000	3 962 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,96 %	62,45 %	7,59 %	−7,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,91 %	12,57 %	2,7 %	−1,48 %
Current Ratio	1,9	1,37	2,04	2,06
Quick Ratio	1,9	1,37	2,04	2,06
Equity Ratio	0,48	0,28	0,51	0,52
Gross Profit Margin	77,15 %	81,02 %	81,24 %	80,38 %