REKNES AS

6010 ÅLESUND

Finances

Return on Equity

2,79 %

Current Ratio

0,44

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 623 000	14 775 000	40 000	169 000
Net Income	171 000	−4 558 000	−10 000	0
Total Assets	20 646 000	18 719 000	156 000	75 000
Total Equity	6 125 000	5 953 000	28 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 623 000	14 775 000	40 000	169 000
Expenditure	16 900 000	19 029 000	53 000	169 000
Operating Profit	723 000	−4 255 000	−13 000	0
Financial Income	1 000	0	0	0
Financial Costs	552 000	300 000	0	0
Financial Balance	−551 000	−300 000	0	0
Earnings Before Tax	171 000	−4 555 000	−13 000	0
Tax	0	3 000	−3 000	0
Net Income	171 000	−4 558 000	−10 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 598 000	15 245 000	91 000	44 000
Total Current Assets	3 048 000	3 474 000	65 000	31 000
Total Assets	20 646 000	18 719 000	156 000	75 000
Total Retained Equity	−3 736 000	−3 908 000	−2 000	7 000
Total Equity	6 125 000	5 953 000	28 000	38 000
Total Long-Term Debt	7 525 000	8 156 000	31 000	31 000
Total Current Debt	6 996 000	4 609 000	98 000	7 000
Total Equity and Debt	20 646 000	18 719 000	156 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 038 000	15 373 000	40 000	169 000
Other Income	−415 000	−598 000	0	0
Revenue	17 623 000	14 775 000	40 000	169 000
Cost of Goods Sold	2 361 000	1 191 000	38 000	149 000
Salary Costs	6 537 000	9 258 000	0	0
Depreciation	2 604 000	2 807 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	16 900 000	19 029 000	53 000	169 000
Operating Profit	723 000	−4 255 000	−13 000	0
Financial Income	1 000	0	0	0
Financial Costs	552 000	300 000	0	0
Financial Balance	−551 000	−300 000	0	0
Dividends	0	0	0	0
Net Income	171 000	−4 558 000	−10 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 183 000	14 752 000	91 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	320 000	362 000	0	0
Total Tangible Assets	320 000	362 000	0	0
Total Fiancial Fixed Assets	94 000	131 000	0	0
Total Fixed Assets	17 598 000	15 245 000	91 000	44 000
Stock	234 000	255 000	0	0
Total Investments	0	0	0	0
Cash, Bank	224 000	365 000	28 000	31 000
Total Current Assets	3 048 000	3 474 000	65 000	31 000
Total Assets	20 646 000	18 719 000	156 000	75 000
Total Equity	6 125 000	5 953 000	28 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 525 000	8 156 000	31 000	31 000
Creditors	1 833 000	1 232 000	100 000	0
Unpaid Taxes	1 535 000	560 000	−9 000	0
Dividends	0	0	0	0
Other Current Debt	1 088 000	1 611 000	7 000	7 000
Total Current Debt	6 996 000	4 609 000	98 000	7 000
Total Equity and Debt	20 646 000	18 719 000	156 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,79 %	−76,57 %	−35,71 %	0 %
Debt-to-Equity Ratio	1,23	1,37	1,11	0,82
Operating Profit Margin	4,1 %	−28,8 %	−32,5 %	0 %
Current Ratio	0,44	0,75	0,66	4,43
Quick Ratio	0,45	0,8	0,66	4,43
Equity Ratio	0,3	0,32	0,18	0,51
Gross Profit Margin	86,6 %	91,94 %	5 %	11,83 %