RCO SECURITY AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

12,23 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 757 000	29 629 000	29 031 000	22 480 000
Net Income	656 000	1 867 000	848 000	345 000
Total Assets	10 214 000	13 113 000	11 658 000	7 382 000
Total Equity	5 365 000	4 709 000	2 842 000	1 994 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 757 000	29 629 000	29 031 000	22 480 000
Expenditure	27 862 000	27 278 000	28 164 000	22 099 000
Operating Profit	896 000	2 352 000	867 000	381 000
Financial Income	27 000	1 000	6 000	7 000
Financial Costs	8 000	12 000	25 000	43 000
Financial Balance	19 000	−11 000	−19 000	−36 000
Earnings Before Tax	916 000	2 341 000	848 000	345 000
Tax	260 000	474 000	0	0
Net Income	656 000	1 867 000	848 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 000	0	0	0
Total Current Assets	9 937 000	13 113 000	11 658 000	7 382 000
Total Assets	10 214 000	13 113 000	11 658 000	7 382 000
Total Retained Equity	3 708 000	3 052 000	1 185 000	337 000
Total Equity	5 365 000	4 709 000	2 842 000	1 994 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 850 000	8 404 000	8 816 000	5 389 000
Total Equity and Debt	10 214 000	13 113 000	11 658 000	7 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 757 000	29 629 000	29 031 000	22 480 000
Other Income	0	0	0	0
Revenue	28 757 000	29 629 000	29 031 000	22 480 000
Cost of Goods Sold	16 344 000	17 353 000	18 808 000	11 387 000
Salary Costs	7 870 000	6 989 000	6 632 000	7 756 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	27 862 000	27 278 000	28 164 000	22 099 000
Operating Profit	896 000	2 352 000	867 000	381 000
Financial Income	27 000	1 000	6 000	7 000
Financial Costs	8 000	12 000	25 000	43 000
Financial Balance	19 000	−11 000	−19 000	−36 000
Dividends	0	0	0	0
Net Income	656 000	1 867 000	848 000	345 000

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	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	241 000	0	0	0
Total Fixed Assets	277 000	0	0	0
Stock	347 000	666 000	1 116 000	660 000
Total Investments	0	0	0	0
Cash, Bank	363 000	5 501 000	4 471 000	3 326 000
Total Current Assets	9 937 000	13 113 000	11 658 000	7 382 000
Total Assets	10 214 000	13 113 000	11 658 000	7 382 000
Total Equity	5 365 000	4 709 000	2 842 000	1 994 000
Short-Term Group Debt	0	0	5 592 000	2 356 000
Total Long-Term Debt	0	0	0	0
Creditors	2 275 000	4 915 000	59 000	246 000
Unpaid Taxes	1 325 000	2 352 000	1 879 000	1 359 000
Dividends	0	0	0	0
Other Current Debt	989 000	663 000	1 286 000	1 427 000
Total Current Debt	4 850 000	8 404 000	8 816 000	5 389 000
Total Equity and Debt	10 214 000	13 113 000	11 658 000	7 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,23 %	39,65 %	29,84 %	17,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,12 %	7,94 %	2,99 %	1,69 %
Current Ratio	2,05	1,56	1,32	1,37
Quick Ratio	2,21	1,69	1,51	1,56
Equity Ratio	0,53	0,36	0,24	0,27
Gross Profit Margin	43,17 %	41,43 %	35,21 %	49,35 %