RENICO AS

1788 HALDEN

Finances

Share Ownership

Return on Equity

−6,93 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 181 000	17 590 000	21 805 000	14 029 000
Net Income	−112 000	117 000	1 618 000	174 000
Total Assets	5 044 000	5 787 000	5 630 000	3 376 000
Total Equity	1 615 000	1 727 000	1 610 000	253 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 181 000	17 590 000	21 805 000	14 029 000
Expenditure	18 290 000	17 406 000	19 716 000	13 926 000
Operating Profit	−109 000	183 000	2 089 000	104 000
Financial Income	15 000	1 000	8 000	31 000
Financial Costs	19 000	25 000	55 000	55 000
Financial Balance	−4 000	−24 000	−47 000	−24 000
Earnings Before Tax	−112 000	159 000	2 042 000	80 000
Tax	0	42 000	423 000	−94 000
Net Income	−112 000	117 000	1 618 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	555 000	580 000	656 000	33 000
Total Current Assets	4 489 000	5 208 000	4 973 000	3 343 000
Total Assets	5 044 000	5 787 000	5 630 000	3 376 000
Total Retained Equity	1 585 000	1 697 000	1 580 000	223 000
Total Equity	1 615 000	1 727 000	1 610 000	253 000
Total Long-Term Debt	1 050 000	1 341 000	1 286 000	1 555 000
Total Current Debt	2 379 000	2 719 000	2 733 000	1 569 000
Total Equity and Debt	5 044 000	5 787 000	5 630 000	3 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 181 000	17 590 000	21 805 000	14 029 000
Other Income	0	0	0	0
Revenue	18 181 000	17 590 000	21 805 000	14 029 000
Cost of Goods Sold	12 387 000	11 483 000	14 485 000	9 067 000
Salary Costs	3 547 000	3 606 000	3 040 000	2 756 000
Depreciation	16 000	10 000	5 000	0
Impairment	0	0	0	0
Expenditure	18 290 000	17 406 000	19 716 000	13 926 000
Operating Profit	−109 000	183 000	2 089 000	104 000
Financial Income	15 000	1 000	8 000	31 000
Financial Costs	19 000	25 000	55 000	55 000
Financial Balance	−4 000	−24 000	−47 000	−24 000
Dividends	0	0	0	0
Net Income	−112 000	117 000	1 618 000	174 000

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	65 000	23 000	33 000	0
Total Tangible Assets	65 000	23 000	33 000	0
Total Fiancial Fixed Assets	490 000	557 000	623 000	33 000
Total Fixed Assets	555 000	580 000	656 000	33 000
Stock	2 154 000	2 139 000	1 587 000	1 237 000
Total Investments	0	0	0	0
Cash, Bank	906 000	1 216 000	1 625 000	460 000
Total Current Assets	4 489 000	5 208 000	4 973 000	3 343 000
Total Assets	5 044 000	5 787 000	5 630 000	3 376 000
Total Equity	1 615 000	1 727 000	1 610 000	253 000
Short-Term Group Debt	0	0	335 000	0
Total Long-Term Debt	1 050 000	1 341 000	1 286 000	1 555 000
Creditors	1 220 000	1 489 000	969 000	876 000
Unpaid Taxes	381 000	468 000	454 000	309 000
Dividends	0	0	0	0
Other Current Debt	779 000	720 000	626 000	384 000
Total Current Debt	2 379 000	2 719 000	2 733 000	1 569 000
Total Equity and Debt	5 044 000	5 787 000	5 630 000	3 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,93 %	6,77 %	100,5 %	68,77 %
Debt-to-Equity Ratio	0,65	0,78	0,8	6,15
Operating Profit Margin	−0,6 %	1,04 %	9,58 %	0,74 %
Current Ratio	1,89	1,92	1,82	2,13
Quick Ratio	19,95	8,98	4,34	10,07
Equity Ratio	0,32	0,3	0,29	0,07
Gross Profit Margin	31,87 %	34,72 %	33,57 %	35,37 %