REEL AS

8390 REINE

Finances

Share Ownership

Return on Equity

171,1 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 229 000	2 792 000	3 414 000	4 347 000
Net Income	604 000	15 000	824 000	92 000
Total Assets	2 935 000	2 331 000	1 745 000	1 122 000
Total Equity	353 000	356 000	341 000	341 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 229 000	2 792 000	3 414 000	4 347 000
Expenditure	4 454 000	2 772 000	2 357 000	4 226 000
Operating Profit	776 000	19 000	1 057 000	120 000
Financial Income	0	0	0	2 000
Financial Costs	1 000	0	0	4 000
Financial Balance	−1 000	0	0	−2 000
Earnings Before Tax	775 000	19 000	1 057 000	118 000
Tax	171 000	4 000	232 000	26 000
Net Income	604 000	15 000	824 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 090 000	985 000	79 000	91 000
Total Current Assets	1 845 000	1 346 000	1 665 000	1 031 000
Total Assets	2 935 000	2 331 000	1 745 000	1 122 000
Total Retained Equity	329 000	332 000	318 000	318 000
Total Equity	353 000	356 000	341 000	341 000
Total Long-Term Debt	234 000	241 000	59 000	59 000
Total Current Debt	2 349 000	1 734 000	1 345 000	722 000
Total Equity and Debt	2 935 000	2 331 000	1 745 000	1 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 851 000	2 286 000	2 857 000	4 347 000
Other Income	378 000	505 000	556 000	0
Revenue	5 229 000	2 792 000	3 414 000	4 347 000
Cost of Goods Sold	1 302 000	850 000	832 000	990 000
Salary Costs	970 000	622 000	576 000	1 098 000
Depreciation	42 000	25 000	0	3 000
Impairment	0	0	0	0
Expenditure	4 454 000	2 772 000	2 357 000	4 226 000
Operating Profit	776 000	19 000	1 057 000	120 000
Financial Income	0	0	0	2 000
Financial Costs	1 000	0	0	4 000
Financial Balance	−1 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	604 000	15 000	824 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	79 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	177 000	0	0
Total Tangible Assets	135 000	177 000	0	0
Total Fiancial Fixed Assets	877 000	729 000	79 000	91 000
Total Fixed Assets	1 090 000	985 000	79 000	91 000
Stock	0	0	0	5 000
Total Investments	0	0	0	0
Cash, Bank	1 110 000	119 000	45 000	117 000
Total Current Assets	1 845 000	1 346 000	1 665 000	1 031 000
Total Assets	2 935 000	2 331 000	1 745 000	1 122 000
Total Equity	353 000	356 000	341 000	341 000
Short-Term Group Debt	1 693 000	451 000	1 107 000	269 000
Total Long-Term Debt	234 000	241 000	59 000	59 000
Creditors	497 000	1 188 000	196 000	234 000
Unpaid Taxes	−40 000	41 000	3 000	42 000
Dividends	0	0	0	0
Other Current Debt	199 000	55 000	39 000	177 000
Total Current Debt	2 349 000	1 734 000	1 345 000	722 000
Total Equity and Debt	2 935 000	2 331 000	1 745 000	1 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,1 %	4,21 %	241,64 %	26,98 %
Debt-to-Equity Ratio	0,66	0,68	0,17	0,17
Operating Profit Margin	14,84 %	0,68 %	30,96 %	2,76 %
Current Ratio	0,79	0,78	1,24	1,43
Quick Ratio	0,79	0,78	1,24	1,44
Equity Ratio	0,12	0,15	0,2	0,3
Gross Profit Margin	75,1 %	69,56 %	75,63 %	77,23 %