R2S ELEKTRO AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

27,22 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 992 000	49 920 000	201 335 000	326 089 000
Net Income	2 077 000	8 208 000	59 595 000	33 204 000
Total Assets	17 081 000	36 109 000	141 780 000	106 520 000
Total Equity	7 631 000	13 555 000	13 097 000	17 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 992 000	49 920 000	201 335 000	326 089 000
Expenditure	−861 000	39 322 000	125 114 000	283 499 000
Operating Profit	3 852 000	10 599 000	76 221 000	42 590 000
Financial Income	65 000	205 000	535 000	29 000
Financial Costs	103 000	210 000	8 000	40 000
Financial Balance	−38 000	−5 000	527 000	−11 000
Earnings Before Tax	3 814 000	10 594 000	76 748 000	42 578 000
Tax	1 737 000	2 386 000	17 154 000	9 374 000
Net Income	2 077 000	8 208 000	59 595 000	33 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 144 000	2 046 000	1 107 000
Total Current Assets	17 081 000	33 965 000	139 734 000	105 413 000
Total Assets	17 081 000	36 109 000	141 780 000	106 520 000
Total Retained Equity	1 631 000	7 555 000	7 097 000	11 502 000
Total Equity	7 631 000	13 555 000	13 097 000	17 502 000
Total Long-Term Debt	0	0	0	10 023 000
Total Current Debt	9 449 000	22 554 000	128 683 000	78 996 000
Total Equity and Debt	17 081 000	36 109 000	141 780 000	106 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 992 000	49 920 000	201 335 000	326 089 000
Other Income	0	0	0	0
Revenue	2 992 000	49 920 000	201 335 000	326 089 000
Cost of Goods Sold	−4 610 000	21 182 000	84 495 000	222 727 000
Salary Costs	2 428 000	11 533 000	28 243 000	37 171 000
Depreciation	0	245 000	253 000	241 000
Impairment	0	0	0	0
Expenditure	−861 000	39 322 000	125 114 000	283 499 000
Operating Profit	3 852 000	10 599 000	76 221 000	42 590 000
Financial Income	65 000	205 000	535 000	29 000
Financial Costs	103 000	210 000	8 000	40 000
Financial Balance	−38 000	−5 000	527 000	−11 000
Dividends	8 000 000	7 750 000	64 000 000	24 000 000
Net Income	2 077 000	8 208 000	59 595 000	33 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 737 000	1 287 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	257 000	502 000	754 000
Total Tangible Assets	0	257 000	502 000	754 000
Total Fiancial Fixed Assets	0	150 000	257 000	353 000
Total Fixed Assets	0	2 144 000	2 046 000	1 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 640 000	28 645 000	94 046 000	19 254 000
Total Current Assets	17 081 000	33 965 000	139 734 000	105 413 000
Total Assets	17 081 000	36 109 000	141 780 000	106 520 000
Total Equity	7 631 000	13 555 000	13 097 000	17 502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 023 000
Creditors	235 000	779 000	11 826 000	9 226 000
Unpaid Taxes	9 000	891 000	8 905 000	9 181 000
Dividends	8 000 000	7 750 000	64 000 000	24 000 000
Other Current Debt	1 205 000	10 298 000	15 490 000	36 588 000
Total Current Debt	9 449 000	22 554 000	128 683 000	78 996 000
Total Equity and Debt	17 081 000	36 109 000	141 780 000	106 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,22 %	60,55 %	455,03 %	189,72 %
Debt-to-Equity Ratio	0	0	0	0,57
Operating Profit Margin	128,74 %	21,23 %	37,86 %	13,06 %
Current Ratio	1,81	1,51	1,09	1,33
Quick Ratio	1,81	1,51	1,09	1,33
Equity Ratio	0,45	0,38	0,09	0,16
Gross Profit Margin	254,08 %	57,57 %	58,03 %	31,7 %