RØD EIK AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

82,99 %

Current Ratio

−1,54

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 646 000	1 750 000	1 363 000	995 000
Net Income	1 381 000	432 000	134 000	483 000
Total Assets	1 543 000	891 000	395 000	333 000
Total Equity	1 664 000	483 000	50 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 646 000	1 750 000	1 363 000	995 000
Expenditure	1 854 000	1 240 000	1 185 000	374 000
Operating Profit	1 791 000	510 000	178 000	621 000
Financial Income	0	1 000	2 000	0
Financial Costs	20 000	6 000	8 000	2 000
Financial Balance	−20 000	−5 000	−6 000	−2 000
Earnings Before Tax	1 771 000	504 000	172 000	619 000
Tax	390 000	72 000	38 000	136 000
Net Income	1 381 000	432 000	134 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	690 000	137 000	56 000	93 000
Total Current Assets	853 000	755 000	339 000	241 000
Total Assets	1 543 000	891 000	395 000	333 000
Total Retained Equity	1 614 000	433 000	0	3 000
Total Equity	1 664 000	483 000	50 000	53 000
Total Long-Term Debt	433 000	0	0	91 000
Total Current Debt	−554 000	408 000	344 000	190 000
Total Equity and Debt	1 543 000	891 000	395 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 646 000	1 750 000	1 363 000	973 000
Other Income	0	0	0	22 000
Revenue	3 646 000	1 750 000	1 363 000	995 000
Cost of Goods Sold	1 316 000	688 000	378 000	22 000
Salary Costs	10 000	5 000	5 000	1 000
Depreciation	92 000	27 000	38 000	68 000
Impairment	0	0	0	0
Expenditure	1 854 000	1 240 000	1 185 000	374 000
Operating Profit	1 791 000	510 000	178 000	621 000
Financial Income	0	1 000	2 000	0
Financial Costs	20 000	6 000	8 000	2 000
Financial Balance	−20 000	−5 000	−6 000	−2 000
Dividends	0	0	136 000	0
Net Income	1 381 000	432 000	134 000	483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	75 000	6 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	690 000	62 000	50 000	88 000
Total Tangible Assets	690 000	62 000	50 000	88 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	690 000	137 000	56 000	93 000
Stock	0	0	0	0
Total Investments	0	0	14 000	0
Cash, Bank	525 000	13 000	11 000	93 000
Total Current Assets	853 000	755 000	339 000	241 000
Total Assets	1 543 000	891 000	395 000	333 000
Total Equity	1 664 000	483 000	50 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	433 000	0	0	91 000
Creditors	−38 000	72 000	143 000	0
Unpaid Taxes	203 000	11 000	26 000	43 000
Dividends	0	0	136 000	0
Other Current Debt	−1 207 000	250 000	0	0
Total Current Debt	−554 000	408 000	344 000	190 000
Total Equity and Debt	1 543 000	891 000	395 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,99 %	89,44 %	268 %	911,32 %
Debt-to-Equity Ratio	0,26	0	0	1,72
Operating Profit Margin	49,12 %	29,14 %	13,06 %	62,41 %
Current Ratio	−1,54	1,85	0,99	1,27
Quick Ratio	−1,54	1,85	0,99	1,27
Equity Ratio	1,08	0,54	0,13	0,16
Gross Profit Margin	63,91 %	60,69 %	72,27 %	97,79 %