RETT INGENIØR AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

−1,87 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 528 000	1 718 000	1 269 000	1 991 000
Net Income	2 000	56 000	26 000	34 000
Total Assets	447 000	3 867 000	3 315 000	3 165 000
Total Equity	−107 000	−109 000	−165 000	−191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 528 000	1 718 000	1 269 000	1 991 000
Expenditure	1 504 000	1 667 000	1 223 000	1 940 000
Operating Profit	25 000	52 000	46 000	50 000
Financial Income	0	3 000	0	0
Financial Costs	8 000	6 000	12 000	16 000
Financial Balance	−8 000	−3 000	−12 000	−16 000
Earnings Before Tax	16 000	49 000	34 000	34 000
Tax	14 000	−7 000	7 000	0
Net Income	2 000	56 000	26 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	0	0	0
Total Current Assets	427 000	3 867 000	3 315 000	3 165 000
Total Assets	447 000	3 867 000	3 315 000	3 165 000
Total Retained Equity	−130 000	−132 000	−188 000	−214 000
Total Equity	−107 000	−109 000	−165 000	−191 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	550 000	3 977 000	3 480 000	3 356 000
Total Equity and Debt	447 000	3 867 000	3 315 000	3 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 528 000	1 718 000	1 269 000	1 990 000
Other Income	0	0	0	1 000
Revenue	1 528 000	1 718 000	1 269 000	1 991 000
Cost of Goods Sold	34 000	141 000	35 000	724 000
Salary Costs	1 210 000	1 186 000	789 000	991 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 504 000	1 667 000	1 223 000	1 940 000
Operating Profit	25 000	52 000	46 000	50 000
Financial Income	0	3 000	0	0
Financial Costs	8 000	6 000	12 000	16 000
Financial Balance	−8 000	−3 000	−12 000	−16 000
Dividends	0	0	0	0
Net Income	2 000	56 000	26 000	34 000

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	20 000	0	0	0
Total Tangible Assets	20 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	55 000	82 000	4 000
Total Current Assets	427 000	3 867 000	3 315 000	3 165 000
Total Assets	447 000	3 867 000	3 315 000	3 165 000
Total Equity	−107 000	−109 000	−165 000	−191 000
Short-Term Group Debt	10 000	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	233 000	211 000	234 000	810 000
Unpaid Taxes	149 000	57 000	48 000	26 000
Dividends	0	0	0	0
Other Current Debt	157 000	3 709 000	3 191 000	2 520 000
Total Current Debt	550 000	3 977 000	3 480 000	3 356 000
Total Equity and Debt	447 000	3 867 000	3 315 000	3 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,87 %	−51,38 %	−15,76 %	−17,8 %
Debt-to-Equity Ratio	−0,04	−0	−0	−0
Operating Profit Margin	1,64 %	3,03 %	3,62 %	2,51 %
Current Ratio	0,78	0,97	0,95	0,94
Quick Ratio	0,78	0,97	0,95	0,94
Equity Ratio	−0,24	−0,03	−0,05	−0,06
Gross Profit Margin	97,77 %	91,79 %	97,24 %	63,64 %