RENERE LUFT AS

6065 ULSTEINVIK

Finances

Return on Equity

27,3 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 344 000	2 413 000	2 110 000	1 341 000
Net Income	317 000	415 000	154 000	156 000
Total Assets	1 909 000	1 410 000	1 033 000	985 000
Total Equity	1 161 000	1 044 000	629 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 344 000	2 413 000	2 110 000	1 341 000
Expenditure	2 921 000	1 882 000	1 914 000	1 099 000
Operating Profit	424 000	531 000	196 000	242 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	13 000	0	0	43 000
Financial Balance	−12 000	1 000	1 000	−41 000
Earnings Before Tax	411 000	532 000	197 000	201 000
Tax	95 000	117 000	43 000	44 000
Net Income	317 000	415 000	154 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	619 000	609 000	629 000	404 000
Total Current Assets	1 290 000	801 000	404 000	581 000
Total Assets	1 909 000	1 410 000	1 033 000	985 000
Total Retained Equity	961 000	844 000	429 000	275 000
Total Equity	1 161 000	1 044 000	629 000	475 000
Total Long-Term Debt	3 000	8 000	12 000	5 000
Total Current Debt	745 000	358 000	393 000	505 000
Total Equity and Debt	1 909 000	1 410 000	1 033 000	985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 336 000	2 413 000	2 110 000	1 341 000
Other Income	8 000	0	0	0
Revenue	3 344 000	2 413 000	2 110 000	1 341 000
Cost of Goods Sold	245 000	101 000	250 000	23 000
Salary Costs	1 725 000	1 002 000	1 012 000	487 000
Depreciation	164 000	145 000	118 000	73 000
Impairment	0	0	0	0
Expenditure	2 921 000	1 882 000	1 914 000	1 099 000
Operating Profit	424 000	531 000	196 000	242 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	13 000	0	0	43 000
Financial Balance	−12 000	1 000	1 000	−41 000
Dividends	200 000	0	0	0
Net Income	317 000	415 000	154 000	156 000

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	589 000	579 000	599 000	270 000
Fixtures	0	0	0	134 000
Total Tangible Assets	589 000	579 000	599 000	404 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	619 000	609 000	629 000	404 000
Stock	15 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	816 000	689 000	256 000	563 000
Total Current Assets	1 290 000	801 000	404 000	581 000
Total Assets	1 909 000	1 410 000	1 033 000	985 000
Total Equity	1 161 000	1 044 000	629 000	475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	8 000	12 000	5 000
Creditors	23 000	16 000	68 000	10 000
Unpaid Taxes	239 000	101 000	166 000	156 000
Dividends	200 000	0	0	0
Other Current Debt	184 000	120 000	122 000	300 000
Total Current Debt	745 000	358 000	393 000	505 000
Total Equity and Debt	1 909 000	1 410 000	1 033 000	985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,3 %	39,75 %	24,48 %	32,84 %
Debt-to-Equity Ratio	0	0,01	0,02	0,01
Operating Profit Margin	12,68 %	22,01 %	9,29 %	18,05 %
Current Ratio	1,73	2,24	1,03	1,15
Quick Ratio	1,77	2,24	1,03	1,15
Equity Ratio	0,61	0,74	0,61	0,48
Gross Profit Margin	92,67 %	95,81 %	88,15 %	98,28 %