RELEASE WHOLESALE AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

33,68 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 811 000	72 360 000	45 850 000	19 331 000
Net Income	4 099 000	4 608 000	5 631 000	3 334 000
Total Assets	17 541 000	23 723 000	15 618 000	7 978 000
Total Equity	12 170 000	72 000	12 629 000	6 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 811 000	72 360 000	45 850 000	19 331 000
Expenditure	62 569 000	65 895 000	38 492 000	15 119 000
Operating Profit	5 242 000	6 466 000	7 357 000	4 213 000
Financial Income	1 141 000	370 000	341 000	93 000
Financial Costs	1 238 000	817 000	473 000	33 000
Financial Balance	−97 000	−447 000	−132 000	60 000
Earnings Before Tax	5 145 000	6 019 000	7 226 000	4 273 000
Tax	1 046 000	1 411 000	1 595 000	939 000
Net Income	4 099 000	4 608 000	5 631 000	3 334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	27 000	0	0
Total Current Assets	17 519 000	23 696 000	15 618 000	7 978 000
Total Assets	17 541 000	23 723 000	15 618 000	7 978 000
Total Retained Equity	440 000	42 000	12 599 000	6 968 000
Total Equity	12 170 000	72 000	12 629 000	6 998 000
Total Long-Term Debt	2 000	10 000 000	0	0
Total Current Debt	5 369 000	13 651 000	2 990 000	980 000
Total Equity and Debt	17 541 000	23 723 000	15 618 000	7 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 811 000	72 360 000	45 850 000	19 331 000
Other Income	0	0	0	0
Revenue	67 811 000	72 360 000	45 850 000	19 331 000
Cost of Goods Sold	58 397 000	59 776 000	37 852 000	14 654 000
Salary Costs	2 073 000	1 514 000	2 000	79 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	62 569 000	65 895 000	38 492 000	15 119 000
Operating Profit	5 242 000	6 466 000	7 357 000	4 213 000
Financial Income	1 141 000	370 000	341 000	93 000
Financial Costs	1 238 000	817 000	473 000	33 000
Financial Balance	−97 000	−447 000	−132 000	60 000
Dividends	0	0	0	0
Net Income	4 099 000	4 608 000	5 631 000	3 334 000

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	22 000	27 000	0	0
Total Tangible Assets	22 000	27 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	27 000	0	0
Stock	14 000	913 000	17 000	332 000
Total Investments	0	0	0	0
Cash, Bank	13 896 000	8 225 000	10 365 000	7 107 000
Total Current Assets	17 519 000	23 696 000	15 618 000	7 978 000
Total Assets	17 541 000	23 723 000	15 618 000	7 978 000
Total Equity	12 170 000	72 000	12 629 000	6 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	10 000 000	0	0
Creditors	20 000	248 000	412 000	−1 000
Unpaid Taxes	282 000	125 000	983 000	0
Dividends	0	0	0	0
Other Current Debt	5 067 000	13 278 000	0	41 000
Total Current Debt	5 369 000	13 651 000	2 990 000	980 000
Total Equity and Debt	17 541 000	23 723 000	15 618 000	7 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,68 %	6 400 %	44,59 %	47,64 %
Debt-to-Equity Ratio	0	138,89	0	0
Operating Profit Margin	7,73 %	8,94 %	16,05 %	21,79 %
Current Ratio	3,26	1,74	5,22	8,14
Quick Ratio	3,27	1,86	5,25	12,31
Equity Ratio	0,69	0	0,81	0,88
Gross Profit Margin	13,88 %	17,39 %	17,44 %	24,19 %