RETTVENDT AS

5918 FREKHAUG

Finances

Return on Equity

300 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	725 000	892 000	846 000
Net Income	360 000	225 000	216 000	183 000
Total Assets	1 231 000	838 000	1 335 000	1 664 000
Total Equity	120 000	260 000	35 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	725 000	892 000	846 000
Expenditure	−18 000	202 000	422 000	423 000
Operating Profit	452 000	301 000	310 000	286 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	30 000	6 000
Financial Balance	−8 000	−12 000	−30 000	−6 000
Earnings Before Tax	444 000	288 000	279 000	280 000
Tax	84 000	63 000	63 000	98 000
Net Income	360 000	225 000	216 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	219 000	907 000	978 000
Total Current Assets	1 012 000	619 000	428 000	686 000
Total Assets	1 231 000	838 000	1 335 000	1 664 000
Total Retained Equity	90 000	230 000	5 000	409 000
Total Equity	120 000	260 000	35 000	439 000
Total Long-Term Debt	38 000	48 000	565 000	722 000
Total Current Debt	1 073 000	530 000	735 000	503 000
Total Equity and Debt	1 231 000	838 000	1 335 000	1 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	519 000	526 000	892 000	780 000
Other Income	0	198 000	0	66 000
Revenue	519 000	725 000	892 000	846 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	67 000	149 000	15 000
Impairment	0	0	0	0
Expenditure	−18 000	202 000	422 000	423 000
Operating Profit	452 000	301 000	310 000	286 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	30 000	6 000
Financial Balance	−8 000	−12 000	−30 000	−6 000
Dividends	500 000	0	211 000	0
Net Income	360 000	225 000	216 000	183 000

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	618 000	677 000
Total Tangible Assets	0	0	618 000	677 000
Total Fiancial Fixed Assets	219 000	219 000	289 000	301 000
Total Fixed Assets	219 000	219 000	907 000	978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	3 000
Total Current Assets	1 012 000	619 000	428 000	686 000
Total Assets	1 231 000	838 000	1 335 000	1 664 000
Total Equity	120 000	260 000	35 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	48 000	565 000	722 000
Creditors	367 000	382 000	345 000	439 000
Unpaid Taxes	13 000	0	10 000	0
Dividends	500 000	0	211 000	0
Other Current Debt	0	0	211 000	4 000
Total Current Debt	1 073 000	530 000	735 000	503 000
Total Equity and Debt	1 231 000	838 000	1 335 000	1 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	300 %	86,54 %	617,14 %	41,69 %
Debt-to-Equity Ratio	0,32	0,18	16,14	1,64
Operating Profit Margin	87,09 %	41,52 %	34,75 %	33,81 %
Current Ratio	0,94	1,17	0,58	1,36
Quick Ratio	0,94	1,17	0,58	1,36
Equity Ratio	0,1	0,31	0,03	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %