RENT EASY NORWAY AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

5,91 %

Current Ratio

16,83

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 765 000	4 081 000	3 499 000	2 630 000
Net Income	477 000	303 000	−563 000	−349 000
Total Assets	29 355 000	18 601 000	23 082 000	15 692 000
Total Equity	8 077 000	5 815 000	5 512 000	1 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 765 000	4 081 000	3 499 000	2 630 000
Expenditure	4 434 000	3 299 000	3 539 000	2 552 000
Operating Profit	1 331 000	783 000	−40 000	78 000
Financial Income	9 000	0	0	2 000
Financial Costs	729 000	395 000	682 000	526 000
Financial Balance	−720 000	−395 000	−682 000	−524 000
Earnings Before Tax	611 000	389 000	−722 000	−447 000
Tax	134 000	86 000	−159 000	−98 000
Net Income	477 000	303 000	−563 000	−349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 463 000	12 557 000	14 593 000	15 085 000
Total Current Assets	7 892 000	6 044 000	8 489 000	608 000
Total Assets	29 355 000	18 601 000	23 082 000	15 692 000
Total Retained Equity	780 000	303 000	0	−643 000
Total Equity	8 077 000	5 815 000	5 512 000	1 757 000
Total Long-Term Debt	20 809 000	10 154 000	14 286 000	13 633 000
Total Current Debt	469 000	2 633 000	3 284 000	302 000
Total Equity and Debt	29 355 000	18 601 000	23 082 000	15 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 997 000	3 405 000	3 296 000	2 630 000
Other Income	767 000	676 000	203 000	0
Revenue	5 765 000	4 081 000	3 499 000	2 630 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 014 000	1 520 000	1 908 000	1 252 000
Impairment	0	0	0	0
Expenditure	4 434 000	3 299 000	3 539 000	2 552 000
Operating Profit	1 331 000	783 000	−40 000	78 000
Financial Income	9 000	0	0	2 000
Financial Costs	729 000	395 000	682 000	526 000
Financial Balance	−720 000	−395 000	−682 000	−524 000
Dividends	0	0	0	0
Net Income	477 000	303 000	−563 000	−349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	181 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 463 000	12 557 000	14 593 000	14 903 000
Total Tangible Assets	21 463 000	12 557 000	14 593 000	14 903 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 463 000	12 557 000	14 593 000	15 085 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 768 000	5 799 000	1 495 000	457 000
Total Current Assets	7 892 000	6 044 000	8 489 000	608 000
Total Assets	29 355 000	18 601 000	23 082 000	15 692 000
Total Equity	8 077 000	5 815 000	5 512 000	1 757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 809 000	10 154 000	14 286 000	13 633 000
Creditors	465 000	2 643 000	3 085 000	198 000
Unpaid Taxes	0	0	169 000	104 000
Dividends	0	0	0	0
Other Current Debt	5 000	−10 000	30 000	0
Total Current Debt	469 000	2 633 000	3 284 000	302 000
Total Equity and Debt	29 355 000	18 601 000	23 082 000	15 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	5,21 %	−10,21 %	−19,86 %
Debt-to-Equity Ratio	2,58	1,75	2,59	7,76
Operating Profit Margin	23,09 %	19,19 %	−1,14 %	2,97 %
Current Ratio	16,83	2,3	2,58	2,01
Quick Ratio	16,83	2,3	2,58	2,01
Equity Ratio	0,28	0,31	0,24	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %