RELIABLE FIRE SPRINKLER (NORWAY) AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

138,53 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 358 000	15 258 000	12 959 000	8 753 000
Net Income	3 401 000	30 000	−783 000	−60 000
Total Assets	13 983 000	7 152 000	4 914 000	4 204 000
Total Equity	2 455 000	−946 000	−977 000	−194 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 358 000	15 258 000	12 959 000	8 753 000
Expenditure	25 674 000	15 282 000	13 738 000	8 635 000
Operating Profit	4 685 000	−24 000	−780 000	118 000
Financial Income	3 000	97 000	19 000	0
Financial Costs	557 000	42 000	22 000	178 000
Financial Balance	−554 000	55 000	−3 000	−178 000
Earnings Before Tax	4 131 000	30 000	−783 000	−60 000
Tax	730 000	0	0	0
Net Income	3 401 000	30 000	−783 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	385 000	0	0	0
Total Current Assets	13 598 000	7 152 000	4 914 000	4 204 000
Total Assets	13 983 000	7 152 000	4 914 000	4 204 000
Total Retained Equity	2 425 000	−976 000	−1 007 000	−224 000
Total Equity	2 455 000	−946 000	−977 000	−194 000
Total Long-Term Debt	200 000	400 000	400 000	400 000
Total Current Debt	11 328 000	7 698 000	5 491 000	3 998 000
Total Equity and Debt	13 983 000	7 152 000	4 914 000	4 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 277 000	15 258 000	12 959 000	8 753 000
Other Income	82 000	0	0	0
Revenue	30 358 000	15 258 000	12 959 000	8 753 000
Cost of Goods Sold	18 352 000	11 081 000	10 772 000	6 777 000
Salary Costs	2 674 000	1 640 000	1 105 000	696 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	25 674 000	15 282 000	13 738 000	8 635 000
Operating Profit	4 685 000	−24 000	−780 000	118 000
Financial Income	3 000	97 000	19 000	0
Financial Costs	557 000	42 000	22 000	178 000
Financial Balance	−554 000	55 000	−3 000	−178 000
Dividends	0	0	0	0
Net Income	3 401 000	30 000	−783 000	−60 000

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	24 000	0	0	0
Total Tangible Assets	24 000	0	0	0
Total Fiancial Fixed Assets	361 000	0	0	0
Total Fixed Assets	385 000	0	0	0
Stock	9 150 000	3 576 000	2 553 000	2 247 000
Total Investments	0	0	0	0
Cash, Bank	520 000	344 000	216 000	644 000
Total Current Assets	13 598 000	7 152 000	4 914 000	4 204 000
Total Assets	13 983 000	7 152 000	4 914 000	4 204 000
Total Equity	2 455 000	−946 000	−977 000	−194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	400 000	400 000	400 000
Creditors	8 621 000	5 361 000	3 874 000	2 981 000
Unpaid Taxes	1 116 000	862 000	525 000	419 000
Dividends	0	0	0	0
Other Current Debt	862 000	1 475 000	1 092 000	598 000
Total Current Debt	11 328 000	7 698 000	5 491 000	3 998 000
Total Equity and Debt	13 983 000	7 152 000	4 914 000	4 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	138,53 %	−3,17 %	80,14 %	30,93 %
Debt-to-Equity Ratio	0,08	−0,42	−0,41	−2,06
Operating Profit Margin	15,43 %	−0,16 %	−6,02 %	1,35 %
Current Ratio	1,2	0,93	0,89	1,05
Quick Ratio	6,24	1,74	1,67	2,4
Equity Ratio	0,18	−0,13	−0,2	−0,05
Gross Profit Margin	39,55 %	27,38 %	16,88 %	22,58 %