REDA ENERGY AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

39,76 %

Current Ratio

2,12

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 865 000	16 833 000	12 233 000	7 792 000
Net Income	1 335 000	1 128 000	−2 376 000	−844 000
Total Assets	14 890 000	9 906 000	8 045 000	10 552 000
Total Equity	3 358 000	2 023 000	−9 075 000	−6 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 865 000	16 833 000	12 233 000	7 792 000
Expenditure	18 704 000	14 848 000	15 006 000	8 630 000
Operating Profit	1 161 000	1 985 000	−2 773 000	−838 000
Financial Income	954 000	61 000	555 000	487 000
Financial Costs	780 000	918 000	158 000	494 000
Financial Balance	174 000	−857 000	397 000	−7 000
Earnings Before Tax	1 335 000	1 128 000	−2 376 000	−844 000
Tax	0	0	0	0
Net Income	1 335 000	1 128 000	−2 376 000	−844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 890 000	9 906 000	8 045 000	10 552 000
Total Assets	14 890 000	9 906 000	8 045 000	10 552 000
Total Retained Equity	−6 642 000	−7 977 000	−9 105 000	−6 729 000
Total Equity	3 358 000	2 023 000	−9 075 000	−6 699 000
Total Long-Term Debt	4 504 000	4 150 000	13 765 000	12 659 000
Total Current Debt	7 029 000	3 734 000	3 355 000	4 592 000
Total Equity and Debt	14 890 000	9 906 000	8 045 000	10 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 865 000	16 833 000	12 233 000	7 093 000
Other Income	0	0	0	699 000
Revenue	19 865 000	16 833 000	12 233 000	7 792 000
Cost of Goods Sold	14 561 000	11 962 000	9 126 000	5 411 000
Salary Costs	2 205 000	1 631 000	1 534 000	1 900 000
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	18 704 000	14 848 000	15 006 000	8 630 000
Operating Profit	1 161 000	1 985 000	−2 773 000	−838 000
Financial Income	954 000	61 000	555 000	487 000
Financial Costs	780 000	918 000	158 000	494 000
Financial Balance	174 000	−857 000	397 000	−7 000
Dividends	0	0	0	0
Net Income	1 335 000	1 128 000	−2 376 000	−844 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	5 645 000	1 261 000	4 026 000	2 623 000
Total Investments	0	0	0	0
Cash, Bank	4 745 000	1 816 000	843 000	2 351 000
Total Current Assets	14 890 000	9 906 000	8 045 000	10 552 000
Total Assets	14 890 000	9 906 000	8 045 000	10 552 000
Total Equity	3 358 000	2 023 000	−9 075 000	−6 699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 504 000	4 150 000	13 765 000	12 659 000
Creditors	5 138 000	2 559 000	2 477 000	3 963 000
Unpaid Taxes	1 281 000	738 000	491 000	364 000
Dividends	0	0	0	0
Other Current Debt	610 000	436 000	387 000	265 000
Total Current Debt	7 029 000	3 734 000	3 355 000	4 592 000
Total Equity and Debt	14 890 000	9 906 000	8 045 000	10 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,76 %	55,76 %	26,18 %	12,6 %
Debt-to-Equity Ratio	1,34	2,05	−1,52	−1,89
Operating Profit Margin	5,84 %	11,79 %	−22,67 %	−10,75 %
Current Ratio	2,12	2,65	2,4	2,3
Quick Ratio	10,76	4,01	−11,99	5,36
Equity Ratio	0,23	0,2	−1,13	−0,63
Gross Profit Margin	26,7 %	28,94 %	25,4 %	30,56 %