RETO AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−1,62 %

Current Ratio

1,04

Debt-to-Equity Ratio

3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	408 000	137 000	1 312 000	1 113 000
Net Income	−9 000	−286 000	280 000	120 000
Total Assets	2 663 000	3 130 000	2 783 000	1 768 000
Total Equity	554 000	564 000	850 000	570 000

Income (NOK)	2022	2021	2020	2019
Revenue	408 000	137 000	1 312 000	1 113 000
Expenditure	324 000	328 000	949 000	902 000
Operating Profit	84 000	−191 000	363 000	211 000
Financial Income	1 000	0	0	0
Financial Costs	82 000	70 000	69 000	52 000
Financial Balance	−81 000	−70 000	−69 000	−52 000
Earnings Before Tax	2 000	−261 000	294 000	159 000
Tax	11 000	25 000	14 000	39 000
Net Income	−9 000	−286 000	280 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 520 000	3 110 000	2 670 000	1 587 000
Total Current Assets	143 000	20 000	112 000	181 000
Total Assets	2 663 000	3 130 000	2 783 000	1 768 000
Total Retained Equity	524 000	534 000	820 000	540 000
Total Equity	554 000	564 000	850 000	570 000
Total Long-Term Debt	1 971 000	2 362 000	1 571 000	1 022 000
Total Current Debt	138 000	205 000	361 000	175 000
Total Equity and Debt	2 663 000	3 130 000	2 783 000	1 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	302 000	63 000	1 288 000	1 033 000
Other Income	106 000	75 000	23 000	80 000
Revenue	408 000	137 000	1 312 000	1 113 000
Cost of Goods Sold	0	−2 000	357 000	445 000
Salary Costs	0	13 000	127 000	10 000
Depreciation	89 000	108 000	112 000	107 000
Impairment	0	0	0	0
Expenditure	324 000	328 000	949 000	902 000
Operating Profit	84 000	−191 000	363 000	211 000
Financial Income	1 000	0	0	0
Financial Costs	82 000	70 000	69 000	52 000
Financial Balance	−81 000	−70 000	−69 000	−52 000
Dividends	0	0	0	0
Net Income	−9 000	−286 000	280 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 284 000	1 312 000	1 340 000	1 368 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	125 000	135 000	219 000
Total Tangible Assets	1 347 000	1 437 000	1 475 000	1 587 000
Total Fiancial Fixed Assets	1 173 000	1 673 000	1 195 000	0
Total Fixed Assets	2 520 000	3 110 000	2 670 000	1 587 000
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	95 000	7 000	100 000	161 000
Total Current Assets	143 000	20 000	112 000	181 000
Total Assets	2 663 000	3 130 000	2 783 000	1 768 000
Total Equity	554 000	564 000	850 000	570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 971 000	2 362 000	1 571 000	1 022 000
Creditors	8 000	8 000	0	8 000
Unpaid Taxes	47 000	4 000	6 000	1 000
Dividends	0	0	0	0
Other Current Debt	72 000	167 000	338 000	131 000
Total Current Debt	138 000	205 000	361 000	175 000
Total Equity and Debt	2 663 000	3 130 000	2 783 000	1 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,62 %	−50,71 %	32,94 %	21,05 %
Debt-to-Equity Ratio	3,56	4,19	1,85	1,79
Operating Profit Margin	20,59 %	−139,42 %	27,67 %	18,96 %
Current Ratio	1,04	0,1	0,31	1,03
Quick Ratio	1,04	0,1	0,31	1,05
Equity Ratio	0,21	0,18	0,31	0,32
Gross Profit Margin	100 %	101,46 %	72,79 %	60,02 %