REELEKTRO AS

2320 FURNES

Finances

Share Ownership

Return on Equity

17,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 738 000	1 537 000	963 000	190 000
Net Income	28 000	35 000	22 000	8 000
Total Assets	671 000	347 000	235 000	78 000
Total Equity	161 000	134 000	98 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 738 000	1 537 000	963 000	190 000
Expenditure	1 696 000	1 491 000	935 000	179 000
Operating Profit	42 000	46 000	28 000	10 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Earnings Before Tax	35 000	45 000	28 000	10 000
Tax	8 000	10 000	6 000	2 000
Net Income	28 000	35 000	22 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 000	39 000	47 000	59 000
Total Current Assets	393 000	308 000	188 000	20 000
Total Assets	671 000	347 000	235 000	78 000
Total Retained Equity	131 000	104 000	68 000	46 000
Total Equity	161 000	134 000	98 000	76 000
Total Long-Term Debt	225 000	0	0	0
Total Current Debt	285 000	213 000	136 000	2 000
Total Equity and Debt	671 000	347 000	235 000	78 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 738 000	1 536 000	947 000	190 000
Other Income	0	2 000	16 000	0
Revenue	1 738 000	1 537 000	963 000	190 000
Cost of Goods Sold	386 000	455 000	428 000	77 000
Salary Costs	891 000	676 000	270 000	0
Depreciation	20 000	9 000	12 000	14 000
Impairment	0	0	0	0
Expenditure	1 696 000	1 491 000	935 000	179 000
Operating Profit	42 000	46 000	28 000	10 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Dividends	0	0	0	0
Net Income	28 000	35 000	22 000	8 000

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	276 000	37 000	46 000	58 000
Total Tangible Assets	276 000	37 000	46 000	58 000
Total Fiancial Fixed Assets	3 000	2 000	1 000	1 000
Total Fixed Assets	279 000	39 000	47 000	59 000
Stock	102 000	92 000	6 000	6 000
Total Investments	0	0	0	0
Cash, Bank	272 000	199 000	168 000	2 000
Total Current Assets	393 000	308 000	188 000	20 000
Total Assets	671 000	347 000	235 000	78 000
Total Equity	161 000	134 000	98 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	0	0	0
Creditors	70 000	31 000	42 000	0
Unpaid Taxes	122 000	103 000	65 000	0
Dividends	0	0	0	0
Other Current Debt	93 000	69 000	23 000	0
Total Current Debt	285 000	213 000	136 000	2 000
Total Equity and Debt	671 000	347 000	235 000	78 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,39 %	26,12 %	22,45 %	10,53 %
Debt-to-Equity Ratio	1,4	0	0	0
Operating Profit Margin	2,42 %	2,99 %	2,91 %	5,26 %
Current Ratio	1,38	1,45	1,38	10
Quick Ratio	2,15	2,55	1,45	−5
Equity Ratio	0,24	0,39	0,42	0,97
Gross Profit Margin	77,79 %	70,4 %	55,56 %	59,47 %