REN SONG AS

0982 OSLO

Finances

Share Ownership

Return on Equity

−46,82 %

Current Ratio

3,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 781 000	3 649 000	735 000	2 425 000
Net Income	−522 000	1 438 000	−117 000	345 000
Total Assets	1 396 000	3 078 000	464 000	950 000
Total Equity	1 115 000	1 637 000	290 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 781 000	3 649 000	735 000	2 425 000
Expenditure	2 373 000	1 779 000	878 000	1 969 000
Operating Profit	−593 000	1 869 000	−143 000	456 000
Financial Income	0	0	0	0
Financial Costs	75 000	26 000	4 000	7 000
Financial Balance	−75 000	−26 000	−4 000	−7 000
Earnings Before Tax	−668 000	1 843 000	−147 000	450 000
Tax	−146 000	405 000	−31 000	105 000
Net Income	−522 000	1 438 000	−117 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	401 000	17 000	31 000	62 000
Total Current Assets	995 000	3 061 000	434 000	887 000
Total Assets	1 396 000	3 078 000	464 000	950 000
Total Retained Equity	1 085 000	1 607 000	260 000	376 000
Total Equity	1 115 000	1 637 000	290 000	406 000
Total Long-Term Debt	0	0	−26 000	1 000
Total Current Debt	281 000	1 441 000	201 000	543 000
Total Equity and Debt	1 396 000	3 078 000	464 000	950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 781 000	3 649 000	729 000	2 425 000
Other Income	0	0	6 000	0
Revenue	1 781 000	3 649 000	735 000	2 425 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 856 000	1 572 000	636 000	1 739 000
Depreciation	75 000	15 000	35 000	23 000
Impairment	0	0	0	0
Expenditure	2 373 000	1 779 000	878 000	1 969 000
Operating Profit	−593 000	1 869 000	−143 000	456 000
Financial Income	0	0	0	0
Financial Costs	75 000	26 000	4 000	7 000
Financial Balance	−75 000	−26 000	−4 000	−7 000
Dividends	0	90 000	0	0
Net Income	−522 000	1 438 000	−117 000	345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	150 000	5 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	251 000	13 000	28 000	62 000
Total Tangible Assets	251 000	13 000	28 000	62 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	401 000	17 000	31 000	62 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	643 000	1 612 000	260 000	56 000
Total Current Assets	995 000	3 061 000	434 000	887 000
Total Assets	1 396 000	3 078 000	464 000	950 000
Total Equity	1 115 000	1 637 000	290 000	406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−26 000	1 000
Creditors	5 000	47 000	26 000	20 000
Unpaid Taxes	145 000	748 000	118 000	174 000
Dividends	0	90 000	0	0
Other Current Debt	131 000	149 000	57 000	248 000
Total Current Debt	281 000	1 441 000	201 000	543 000
Total Equity and Debt	1 396 000	3 078 000	464 000	950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,82 %	87,84 %	−40,34 %	84,98 %
Debt-to-Equity Ratio	0	0	−0,09	0
Operating Profit Margin	−33,3 %	51,22 %	−19,46 %	18,8 %
Current Ratio	3,54	2,12	2,16	1,63
Quick Ratio	3,54	2,12	2,16	1,63
Equity Ratio	0,8	0,53	0,63	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %