REIDUN SALONGEN AS

4330 ÅLGÅRD

Finances

Return on Equity

20,56 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 444 000	4 103 000	3 767 000	3 970 000
Net Income	590 000	599 000	501 000	358 000
Total Assets	3 938 000	3 268 000	2 591 000	2 170 000
Total Equity	2 870 000	2 280 000	1 681 000	1 180 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 444 000	4 103 000	3 767 000	3 970 000
Expenditure	3 682 000	3 334 000	3 106 000	3 493 000
Operating Profit	764 000	770 000	661 000	477 000
Financial Income	18 000	5 000	5 000	3 000
Financial Costs	23 000	7 000	22 000	20 000
Financial Balance	−5 000	−2 000	−17 000	−17 000
Earnings Before Tax	759 000	768 000	643 000	460 000
Tax	169 000	169 000	143 000	102 000
Net Income	590 000	599 000	501 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	189 000	377 000	566 000
Total Current Assets	3 938 000	3 079 000	2 214 000	1 604 000
Total Assets	3 938 000	3 268 000	2 591 000	2 170 000
Total Retained Equity	0	1 980 000	1 381 000	880 000
Total Equity	2 870 000	2 280 000	1 681 000	1 180 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 068 000	988 000	911 000	990 000
Total Equity and Debt	3 938 000	3 268 000	2 591 000	2 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 444 000	4 097 000	3 767 000	3 970 000
Other Income	0	6 000	0	0
Revenue	4 444 000	4 103 000	3 767 000	3 970 000
Cost of Goods Sold	480 000	447 000	426 000	531 000
Salary Costs	2 369 000	2 112 000	1 932 000	2 192 000
Depreciation	189 000	189 000	189 000	189 000
Impairment	0	0	0	0
Expenditure	3 682 000	3 334 000	3 106 000	3 493 000
Operating Profit	764 000	770 000	661 000	477 000
Financial Income	18 000	5 000	5 000	3 000
Financial Costs	23 000	7 000	22 000	20 000
Financial Balance	−5 000	−2 000	−17 000	−17 000
Dividends	0	0	0	0
Net Income	590 000	599 000	501 000	358 000

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	189 000	377 000	566 000
Total Tangible Assets	0	189 000	377 000	566 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	189 000	377 000	566 000
Stock	211 000	176 000	180 000	151 000
Total Investments	0	0	0	0
Cash, Bank	3 663 000	2 843 000	1 968 000	1 344 000
Total Current Assets	3 938 000	3 079 000	2 214 000	1 604 000
Total Assets	3 938 000	3 268 000	2 591 000	2 170 000
Total Equity	2 870 000	2 280 000	1 681 000	1 180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	127 000	124 000	189 000
Unpaid Taxes	226 000	278 000	260 000	267 000
Dividends	0	0	0	0
Other Current Debt	525 000	414 000	384 000	432 000
Total Current Debt	1 068 000	988 000	911 000	990 000
Total Equity and Debt	3 938 000	3 268 000	2 591 000	2 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,56 %	26,27 %	29,8 %	30,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,19 %	18,77 %	17,55 %	12,02 %
Current Ratio	3,69	3,12	2,43	1,62
Quick Ratio	4,6	3,79	3,03	1,91
Equity Ratio	0,73	0,7	0,65	0,54
Gross Profit Margin	89,2 %	89,11 %	88,69 %	86,62 %