REIN LOVE CLOTHING AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

50,18 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 276 000	3 837 000	2 243 000	667 000
Net Income	853 000	745 000	−8 000	−101 000
Total Assets	3 132 000	1 809 000	986 000	403 000
Total Equity	1 700 000	848 000	102 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 276 000	3 837 000	2 243 000	667 000
Expenditure	4 182 000	2 923 000	2 251 000	767 000
Operating Profit	1 094 000	914 000	−9 000	−100 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	0	1 000	1 000	−1 000
Earnings Before Tax	1 094 000	915 000	−8 000	−101 000
Tax	242 000	170 000	0	0
Net Income	853 000	745 000	−8 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	10 000	17 000	0
Total Current Assets	3 129 000	1 799 000	969 000	403 000
Total Assets	3 132 000	1 809 000	986 000	403 000
Total Retained Equity	1 405 000	553 000	−193 000	−184 000
Total Equity	1 700 000	848 000	102 000	111 000
Total Long-Term Debt	0	30 000	30 000	30 000
Total Current Debt	1 432 000	931 000	854 000	262 000
Total Equity and Debt	3 132 000	1 809 000	986 000	403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 276 000	3 347 000	2 203 000	667 000
Other Income	0	490 000	40 000	0
Revenue	5 276 000	3 837 000	2 243 000	667 000
Cost of Goods Sold	1 502 000	1 053 000	574 000	305 000
Salary Costs	1 783 000	995 000	1 110 000	133 000
Depreciation	7 000	7 000	4 000	0
Impairment	0	0	0	0
Expenditure	4 182 000	2 923 000	2 251 000	767 000
Operating Profit	1 094 000	914 000	−9 000	−100 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	0	1 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	853 000	745 000	−8 000	−101 000

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	3 000	10 000	17 000	0
Total Tangible Assets	3 000	10 000	17 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	10 000	17 000	0
Stock	1 058 000	692 000	378 000	177 000
Total Investments	0	0	0	0
Cash, Bank	1 676 000	1 072 000	531 000	226 000
Total Current Assets	3 129 000	1 799 000	969 000	403 000
Total Assets	3 132 000	1 809 000	986 000	403 000
Total Equity	1 700 000	848 000	102 000	111 000
Short-Term Group Debt	158 000	158 000	158 000	158 000
Total Long-Term Debt	0	30 000	30 000	30 000
Creditors	294 000	93 000	37 000	24 000
Unpaid Taxes	340 000	241 000	159 000	48 000
Dividends	0	0	0	0
Other Current Debt	399 000	270 000	500 000	33 000
Total Current Debt	1 432 000	931 000	854 000	262 000
Total Equity and Debt	3 132 000	1 809 000	986 000	403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,18 %	87,85 %	−7,84 %	−90,99 %
Debt-to-Equity Ratio	0	0,04	0,29	0,27
Operating Profit Margin	20,74 %	23,82 %	−0,4 %	−14,99 %
Current Ratio	2,19	1,93	1,13	1,54
Quick Ratio	8,37	7,53	2,04	4,74
Equity Ratio	0,54	0,47	0,1	0,28
Gross Profit Margin	71,53 %	72,56 %	74,41 %	54,27 %