RECO INVEST AS

1406 SKI

Finances

Return on Equity

−114,12 %

Current Ratio

0,73

Debt-to-Equity Ratio

5,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	537 000	326 000	489 000
Net Income	−1 107 000	1 032 000	86 000	755 000
Total Assets	8 097 000	4 466 000	2 345 000	3 025 000
Total Equity	970 000	2 077 000	1 046 000	960 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	537 000	326 000	489 000
Expenditure	32 000	74 000	44 000	26 000
Operating Profit	176 000	463 000	282 000	463 000
Financial Income	386 000	1 032 000	407 000	805 000
Financial Costs	1 670 000	320 000	593 000	404 000
Financial Balance	−1 284 000	712 000	−186 000	401 000
Earnings Before Tax	−1 107 000	1 174 000	96 000	864 000
Tax	0	142 000	10 000	108 000
Net Income	−1 107 000	1 032 000	86 000	755 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 120 000	620 000	620 000	200 000
Total Current Assets	977 000	3 846 000	1 725 000	2 825 000
Total Assets	8 097 000	4 466 000	2 345 000	3 025 000
Total Retained Equity	870 000	1 977 000	946 000	860 000
Total Equity	970 000	2 077 000	1 046 000	960 000
Total Long-Term Debt	5 787 000	0	0	0
Total Current Debt	1 340 000	2 389 000	1 299 000	2 066 000
Total Equity and Debt	8 097 000	4 466 000	2 345 000	3 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	537 000	326 000	489 000
Other Income	0	0	0	0
Revenue	208 000	537 000	326 000	489 000
Cost of Goods Sold	0	36 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	74 000	44 000	26 000
Operating Profit	176 000	463 000	282 000	463 000
Financial Income	386 000	1 032 000	407 000	805 000
Financial Costs	1 670 000	320 000	593 000	404 000
Financial Balance	−1 284 000	712 000	−186 000	401 000
Dividends	0	0	0	0
Net Income	−1 107 000	1 032 000	86 000	755 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 120 000	620 000	620 000	200 000
Total Fixed Assets	7 120 000	620 000	620 000	200 000
Stock	0	0	0	0
Total Investments	264 000	3 086 000	1 709 000	2 813 000
Cash, Bank	714 000	760 000	0	0
Total Current Assets	977 000	3 846 000	1 725 000	2 825 000
Total Assets	8 097 000	4 466 000	2 345 000	3 025 000
Total Equity	970 000	2 077 000	1 046 000	960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 787 000	0	0	0
Creditors	3 000	6 000	6 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 338 000	2 241 000	1 282 000	1 952 000
Total Current Debt	1 340 000	2 389 000	1 299 000	2 066 000
Total Equity and Debt	8 097 000	4 466 000	2 345 000	3 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,12 %	49,69 %	8,22 %	78,65 %
Debt-to-Equity Ratio	5,97	0	0	0
Operating Profit Margin	84,62 %	86,22 %	86,5 %	94,68 %
Current Ratio	0,73	1,61	1,33	1,37
Quick Ratio	0,73	1,61	1,33	1,37
Equity Ratio	0,12	0,47	0,45	0,32
Gross Profit Margin	100 %	93,3 %	100 %	100 %