RECMAN AS

0278 OSLO

Finances

Return on Equity

−13,49 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 455 000	41 776 000	32 552 000	28 535 000
Net Income	−686 000	4 533 000	728 000	464 000
Total Assets	19 125 000	15 236 000	7 662 000	9 441 000
Total Equity	5 084 000	5 770 000	1 237 000	510 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 455 000	41 776 000	32 552 000	28 535 000
Expenditure	55 796 000	35 856 000	31 455 000	27 750 000
Operating Profit	−342 000	5 920 000	1 098 000	785 000
Financial Income	185 000	73 000	72 000	41 000
Financial Costs	710 000	219 000	206 000	211 000
Financial Balance	−525 000	−146 000	−134 000	−170 000
Earnings Before Tax	−867 000	5 774 000	964 000	615 000
Tax	−180 000	1 242 000	236 000	151 000
Net Income	−686 000	4 533 000	728 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 090 000	7 240 000	5 308 000	4 725 000
Total Current Assets	8 034 000	7 996 000	2 354 000	4 717 000
Total Assets	19 125 000	15 236 000	7 662 000	9 441 000
Total Retained Equity	5 042 000	5 728 000	1 195 000	468 000
Total Equity	5 084 000	5 770 000	1 237 000	510 000
Total Long-Term Debt	8 301 000	3 700 000	667 000	1 708 000
Total Current Debt	5 739 000	5 766 000	5 758 000	7 223 000
Total Equity and Debt	19 125 000	15 236 000	7 662 000	9 441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 906 000	41 765 000	32 551 000	27 410 000
Other Income	549 000	11 000	1 000	1 125 000
Revenue	55 455 000	41 776 000	32 552 000	28 535 000
Cost of Goods Sold	673 000	642 000	432 000	300 000
Salary Costs	15 130 000	13 955 000	9 010 000	16 832 000
Depreciation	1 511 000	450 000	428 000	298 000
Impairment	0	0	0	0
Expenditure	55 796 000	35 856 000	31 455 000	27 750 000
Operating Profit	−342 000	5 920 000	1 098 000	785 000
Financial Income	185 000	73 000	72 000	41 000
Financial Costs	710 000	219 000	206 000	211 000
Financial Balance	−525 000	−146 000	−134 000	−170 000
Dividends	0	0	0	3 465 000
Net Income	−686 000	4 533 000	728 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 706 000	3 435 000	248 000	397 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	353 000	537 000	311 000	533 000
Total Tangible Assets	353 000	537 000	311 000	533 000
Total Fiancial Fixed Assets	3 031 000	3 268 000	4 748 000	3 794 000
Total Fixed Assets	11 090 000	7 240 000	5 308 000	4 725 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 926 000	5 825 000	308 000	373 000
Total Current Assets	8 034 000	7 996 000	2 354 000	4 717 000
Total Assets	19 125 000	15 236 000	7 662 000	9 441 000
Total Equity	5 084 000	5 770 000	1 237 000	510 000
Short-Term Group Debt	0	0	0	623 000
Total Long-Term Debt	8 301 000	3 700 000	667 000	1 708 000
Creditors	1 149 000	706 000	274 000	1 197 000
Unpaid Taxes	1 954 000	1 513 000	2 023 000	2 730 000
Dividends	0	0	0	3 465 000
Other Current Debt	2 636 000	2 255 000	3 224 000	2 519 000
Total Current Debt	5 739 000	5 766 000	5 758 000	7 223 000
Total Equity and Debt	19 125 000	15 236 000	7 662 000	9 441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,49 %	78,56 %	58,85 %	90,98 %
Debt-to-Equity Ratio	1,63	0,64	0,54	3,35
Operating Profit Margin	−0,62 %	14,17 %	3,37 %	2,75 %
Current Ratio	1,4	1,39	0,41	0,65
Quick Ratio	1,4	1,39	0,41	0,65
Equity Ratio	0,27	0,38	0,16	0,05
Gross Profit Margin	98,79 %	98,46 %	98,67 %	98,95 %