R&M ENGINEERING AS

4014 STAVANGER

Finances

Return on Equity

400,83 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	0	176 000	460 000
Net Income	−3 363 000	−1 880 000	−356 000	−84 000
Total Assets	266 000	3 344 000	0	346 000
Total Equity	−839 000	2 524 000	−1 344 000	−997 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	0	176 000	460 000
Expenditure	3 479 000	1 681 000	239 000	567 000
Operating Profit	−3 361 000	−1 681 000	−63 000	−107 000
Financial Income	3 000	1 000	1 000	0
Financial Costs	5 000	200 000	0	1 000
Financial Balance	−2 000	−199 000	1 000	−1 000
Earnings Before Tax	−3 363 000	−1 880 000	−62 000	−108 000
Tax	0	0	294 000	−24 000
Net Income	−3 363 000	−1 880 000	−356 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	106 000	0	294 000
Total Current Assets	33 000	3 237 000	0	52 000
Total Assets	266 000	3 344 000	0	346 000
Total Retained Equity	−6 618 000	−3 255 000	−1 374 000	−1 018 000
Total Equity	−839 000	2 524 000	−1 344 000	−997 000
Total Long-Term Debt	600 000	600 000	1 100 000	1 100 000
Total Current Debt	505 000	220 000	245 000	242 000
Total Equity and Debt	266 000	3 344 000	0	346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	140 000	0
Other Income	118 000	0	36 000	460 000
Revenue	118 000	0	176 000	460 000
Cost of Goods Sold	164 000	25 000	1 000	1 000
Salary Costs	2 034 000	946 000	0	313 000
Depreciation	58 000	27 000	0	0
Impairment	0	0	0	0
Expenditure	3 479 000	1 681 000	239 000	567 000
Operating Profit	−3 361 000	−1 681 000	−63 000	−107 000
Financial Income	3 000	1 000	1 000	0
Financial Costs	5 000	200 000	0	1 000
Financial Balance	−2 000	−199 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−3 363 000	−1 880 000	−356 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	128 000	62 000	0	294 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	45 000	0	0
Total Tangible Assets	75 000	45 000	0	0
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	234 000	106 000	0	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	2 433 000	0	0
Total Current Assets	33 000	3 237 000	0	52 000
Total Assets	266 000	3 344 000	0	346 000
Total Equity	−839 000	2 524 000	−1 344 000	−997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	600 000	1 100 000	1 100 000
Creditors	71 000	55 000	175 000	94 000
Unpaid Taxes	173 000	59 000	0	0
Dividends	0	0	0	0
Other Current Debt	261 000	105 000	70 000	148 000
Total Current Debt	505 000	220 000	245 000	242 000
Total Equity and Debt	266 000	3 344 000	0	346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	400,83 %	−74,48 %	26,49 %	8,43 %
Debt-to-Equity Ratio	−0,72	0,24	−0,82	−1,1
Operating Profit Margin	−2 848,31 %	-	−35,8 %	−23,26 %
Current Ratio	0,07	14,71	0	0,21
Quick Ratio	0,07	14,71	0	0,21
Equity Ratio	−3,15	0,75	-	−2,88
Gross Profit Margin	−38,98 %	-	99,43 %	99,78 %