REECON AS

4340 BRYNE

Finances

Return on Equity

430 %

Current Ratio

0,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	70 000	0	24 000
Net Income	86 000	49 000	−15 000	−32 000
Total Assets	390 000	323 000	284 000	304 000
Total Equity	20 000	−66 000	−115 000	−100 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	70 000	0	24 000
Expenditure	10 000	19 000	15 000	52 000
Operating Profit	109 000	51 000	−15 000	−28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Earnings Before Tax	109 000	51 000	−15 000	−32 000
Tax	23 000	3 000	0	0
Net Income	86 000	49 000	−15 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	315 000	265 000	219 000	226 000
Total Current Assets	75 000	58 000	65 000	78 000
Total Assets	390 000	323 000	284 000	304 000
Total Retained Equity	−10 000	−96 000	−145 000	−130 000
Total Equity	20 000	−66 000	−115 000	−100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	369 000	389 000	398 000	404 000
Total Equity and Debt	390 000	323 000	284 000	304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	70 000	0	24 000
Other Income	0	0	0	0
Revenue	120 000	70 000	0	24 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	4 000	7 000	19 000
Impairment	0	0	0	0
Expenditure	10 000	19 000	15 000	52 000
Operating Profit	109 000	51 000	−15 000	−28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Dividends	0	0	0	0
Net Income	86 000	49 000	−15 000	−32 000

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	4 000	11 000
Total Tangible Assets	0	0	4 000	11 000
Total Fiancial Fixed Assets	315 000	265 000	215 000	215 000
Total Fixed Assets	315 000	265 000	219 000	226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	0	19 000	20 000
Total Current Assets	75 000	58 000	65 000	78 000
Total Assets	390 000	323 000	284 000	304 000
Total Equity	20 000	−66 000	−115 000	−100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	346 000	385 000	397 000	404 000
Total Current Debt	369 000	389 000	398 000	404 000
Total Equity and Debt	390 000	323 000	284 000	304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	430 %	−74,24 %	13,04 %	32 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	90,83 %	72,86 %	-	−116,67 %
Current Ratio	0,2	0,15	0,16	0,19
Quick Ratio	0,2	0,15	0,16	0,19
Equity Ratio	0,05	−0,2	−0,4	−0,33
Gross Profit Margin	100 %	100 %	-	100 %