RENOVEN AS

3727 SKIEN

Finances

Share Ownership

Return on Equity

−110,99 %

Current Ratio

0,81

Debt-to-Equity Ratio

−5,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 058 000	1 858 000	1 419 000	2 523 000
Net Income	101 000	6 000	−790 000	889 000
Total Assets	681 000	1 192 000	1 250 000	2 111 000
Total Equity	−91 000	−192 000	−198 000	592 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 058 000	1 858 000	1 419 000	2 523 000
Expenditure	1 839 000	1 804 000	2 380 000	1 429 000
Operating Profit	219 000	55 000	−960 000	1 094 000
Financial Income	2 000	0	0	136 000
Financial Costs	91 000	46 000	53 000	90 000
Financial Balance	−89 000	−46 000	−53 000	46 000
Earnings Before Tax	130 000	8 000	−1 013 000	1 140 000
Tax	29 000	2 000	−223 000	251 000
Net Income	101 000	6 000	−790 000	889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	475 000	563 000	584 000	342 000
Total Current Assets	206 000	629 000	666 000	1 769 000
Total Assets	681 000	1 192 000	1 250 000	2 111 000
Total Retained Equity	−121 000	−222 000	−228 000	562 000
Total Equity	−91 000	−192 000	−198 000	592 000
Total Long-Term Debt	518 000	593 000	665 000	430 000
Total Current Debt	253 000	791 000	783 000	1 089 000
Total Equity and Debt	681 000	1 192 000	1 250 000	2 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 058 000	1 858 000	1 419 000	2 303 000
Other Income	0	0	0	220 000
Revenue	2 058 000	1 858 000	1 419 000	2 523 000
Cost of Goods Sold	999 000	731 000	567 000	448 000
Salary Costs	357 000	611 000	272 000	140 000
Depreciation	59 000	10 000	20 000	38 000
Impairment	0	0	0	0
Expenditure	1 839 000	1 804 000	2 380 000	1 429 000
Operating Profit	219 000	55 000	−960 000	1 094 000
Financial Income	2 000	0	0	136 000
Financial Costs	91 000	46 000	53 000	90 000
Financial Balance	−89 000	−46 000	−53 000	46 000
Dividends	0	0	0	0
Net Income	101 000	6 000	−790 000	889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	131 000	160 000	161 000	189 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	344 000	403 000	423 000	153 000
Total Tangible Assets	344 000	403 000	423 000	153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	475 000	563 000	584 000	342 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−5 000	24 000	32 000	41 000
Total Current Assets	206 000	629 000	666 000	1 769 000
Total Assets	681 000	1 192 000	1 250 000	2 111 000
Total Equity	−91 000	−192 000	−198 000	592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	518 000	593 000	665 000	430 000
Creditors	34 000	48 000	14 000	17 000
Unpaid Taxes	80 000	119 000	72 000	340 000
Dividends	0	0	0	0
Other Current Debt	140 000	404 000	477 000	512 000
Total Current Debt	253 000	791 000	783 000	1 089 000
Total Equity and Debt	681 000	1 192 000	1 250 000	2 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,99 %	−3,13 %	398,99 %	150,17 %
Debt-to-Equity Ratio	−5,69	−3,09	−3,36	0,73
Operating Profit Margin	10,64 %	2,96 %	−67,65 %	43,36 %
Current Ratio	0,81	0,8	0,85	1,62
Quick Ratio	0,81	0,8	0,85	1,62
Equity Ratio	−0,13	−0,16	−0,16	0,28
Gross Profit Margin	51,46 %	60,66 %	60,04 %	82,24 %