R&D INVEST AS

3914 PORSGRUNN

Finances

Return on Equity

16,17 %

Current Ratio

4,16

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 228 000	17 843 000	0
Net Income	2 118 000	−590 000	1 807 000	−256 000
Total Assets	18 805 000	12 052 000	7 012 000	11 828 000
Total Equity	13 099 000	8 231 000	5 248 000	3 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 228 000	17 843 000	0
Expenditure	604 000	4 814 000	16 033 000	133 000
Operating Profit	−605 000	−586 000	1 811 000	−133 000
Financial Income	3 173 000	34 000	711 000	69 000
Financial Costs	450 000	38 000	328 000	192 000
Financial Balance	2 723 000	−4 000	383 000	−123 000
Earnings Before Tax	2 118 000	−590 000	2 194 000	−256 000
Tax	0	−1 000	387 000	0
Net Income	2 118 000	−590 000	1 807 000	−256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 462 000	7 397 000	3 505 000	0
Total Current Assets	13 343 000	4 655 000	3 507 000	11 828 000
Total Assets	18 805 000	12 052 000	7 012 000	11 828 000
Total Retained Equity	3 211 000	1 093 000	1 485 000	−321 000
Total Equity	13 099 000	8 231 000	5 248 000	3 547 000
Total Long-Term Debt	2 500 000	0	1 000	8 123 000
Total Current Debt	3 207 000	3 821 000	1 764 000	158 000
Total Equity and Debt	18 805 000	12 052 000	7 012 000	11 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 188 000	15 933 000	0
Other Income	0	40 000	1 910 000	0
Revenue	0	4 228 000	17 843 000	0
Cost of Goods Sold	0	3 060 000	14 357 000	0
Salary Costs	0	989 000	816 000	0
Depreciation	31 000	30 000	14 000	0
Impairment	0	0	0	0
Expenditure	604 000	4 814 000	16 033 000	133 000
Operating Profit	−605 000	−586 000	1 811 000	−133 000
Financial Income	3 173 000	34 000	711 000	69 000
Financial Costs	450 000	38 000	328 000	192 000
Financial Balance	2 723 000	−4 000	383 000	−123 000
Dividends	0	0	0	0
Net Income	2 118 000	−590 000	1 807 000	−256 000

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	219 000	84 000	70 000	0
Total Tangible Assets	219 000	84 000	70 000	0
Total Fiancial Fixed Assets	5 244 000	7 313 000	3 435 000	0
Total Fixed Assets	5 462 000	7 397 000	3 505 000	0
Stock	5 348 000	2 090 000	1 951 000	10 363 000
Total Investments	0	0	0	0
Cash, Bank	638 000	1 458 000	1 307 000	1 465 000
Total Current Assets	13 343 000	4 655 000	3 507 000	11 828 000
Total Assets	18 805 000	12 052 000	7 012 000	11 828 000
Total Equity	13 099 000	8 231 000	5 248 000	3 547 000
Short-Term Group Debt	2 761 000	2 795 000	1 497 000	0
Total Long-Term Debt	2 500 000	0	1 000	8 123 000
Creditors	210 000	47 000	42 000	157 000
Unpaid Taxes	138 000	138 000	156 000	0
Dividends	0	0	0	0
Other Current Debt	97 000	841 000	70 000	0
Total Current Debt	3 207 000	3 821 000	1 764 000	158 000
Total Equity and Debt	18 805 000	12 052 000	7 012 000	11 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,17 %	−7,17 %	34,43 %	−7,22 %
Debt-to-Equity Ratio	0,19	0	0	2,29
Operating Profit Margin	-	−13,86 %	10,15 %	-
Current Ratio	4,16	1,22	1,99	74,86
Quick Ratio	−6,23	2,69	−18,75	−1,16
Equity Ratio	0,7	0,68	0,75	0,3
Gross Profit Margin	-	27,63 %	19,54 %	-