RELISEC AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

32,15 %

Current Ratio

0,64

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 118 000	4 731 000	3 225 000	2 450 000
Net Income	−1 488 000	216 000	20 000	−998 000
Total Assets	2 546 000	2 603 000	2 288 000	1 751 000
Total Equity	−4 629 000	−3 141 000	−3 356 000	−3 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 118 000	4 731 000	3 225 000	2 450 000
Expenditure	7 392 000	4 518 000	3 207 000	3 447 000
Operating Profit	−1 487 000	213 000	19 000	−997 000
Financial Income	4 000	6 000	7 000	6 000
Financial Costs	6 000	4 000	6 000	7 000
Financial Balance	−2 000	2 000	1 000	−1 000
Earnings Before Tax	−1 488 000	216 000	20 000	−998 000
Tax	0	0	0	0
Net Income	−1 488 000	216 000	20 000	−998 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 732 000	1 950 000	1 637 000	1 304 000
Total Current Assets	814 000	654 000	651 000	447 000
Total Assets	2 546 000	2 603 000	2 288 000	1 751 000
Total Retained Equity	−4 923 000	−3 435 000	−3 651 000	−3 671 000
Total Equity	−4 629 000	−3 141 000	−3 356 000	−3 377 000
Total Long-Term Debt	5 900 000	4 646 000	5 174 000	4 586 000
Total Current Debt	1 275 000	1 098 000	470 000	542 000
Total Equity and Debt	2 546 000	2 603 000	2 288 000	1 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 118 000	4 731 000	3 128 000	2 448 000
Other Income	0	0	97 000	2 000
Revenue	6 118 000	4 731 000	3 225 000	2 450 000
Cost of Goods Sold	0	180 000	187 000	378 000
Salary Costs	4 545 000	2 440 000	1 721 000	1 625 000
Depreciation	1 087 000	566 000	482 000	324 000
Impairment	0	0	0	0
Expenditure	7 392 000	4 518 000	3 207 000	3 447 000
Operating Profit	−1 487 000	213 000	19 000	−997 000
Financial Income	4 000	6 000	7 000	6 000
Financial Costs	6 000	4 000	6 000	7 000
Financial Balance	−2 000	2 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−1 488 000	216 000	20 000	−998 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	180 000	325 000	324 000	256 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 552 000	1 624 000	1 313 000	1 048 000
Total Tangible Assets	1 552 000	1 624 000	1 313 000	1 048 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 732 000	1 950 000	1 637 000	1 304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	404 000	427 000	381 000	303 000
Total Current Assets	814 000	654 000	651 000	447 000
Total Assets	2 546 000	2 603 000	2 288 000	1 751 000
Total Equity	−4 629 000	−3 141 000	−3 356 000	−3 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 900 000	4 646 000	5 174 000	4 586 000
Creditors	76 000	265 000	60 000	31 000
Unpaid Taxes	478 000	497 000	181 000	139 000
Dividends	0	0	0	0
Other Current Debt	721 000	336 000	229 000	372 000
Total Current Debt	1 275 000	1 098 000	470 000	542 000
Total Equity and Debt	2 546 000	2 603 000	2 288 000	1 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,15 %	−6,88 %	−0,6 %	29,55 %
Debt-to-Equity Ratio	−1,27	−1,48	−1,54	−1,36
Operating Profit Margin	−24,31 %	4,5 %	0,59 %	−40,69 %
Current Ratio	0,64	0,6	1,39	0,82
Quick Ratio	0,64	0,6	1,39	0,82
Equity Ratio	−1,82	−1,21	−1,47	−1,93
Gross Profit Margin	100 %	96,2 %	94,2 %	84,57 %