REL GRUPPEN AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−110,53 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	733 000	775 000	307 000	495 000
Net Income	−63 000	60 000	10 000	6 000
Total Assets	123 000	256 000	65 000	64 000
Total Equity	57 000	120 000	60 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	733 000	775 000	307 000	495 000
Expenditure	796 000	699 000	294 000	485 000
Operating Profit	−63 000	77 000	13 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	−63 000	76 000	13 000	7 000
Tax	0	17 000	3 000	2 000
Net Income	−63 000	60 000	10 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	123 000	256 000	65 000	64 000
Total Assets	123 000	256 000	65 000	64 000
Total Retained Equity	27 000	90 000	30 000	20 000
Total Equity	57 000	120 000	60 000	50 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	137 000	5 000	14 000
Total Equity and Debt	123 000	256 000	65 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	733 000	775 000	307 000	495 000
Other Income	0	0	0	0
Revenue	733 000	775 000	307 000	495 000
Cost of Goods Sold	498 000	540 000	264 000	405 000
Salary Costs	191 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	796 000	699 000	294 000	485 000
Operating Profit	−63 000	77 000	13 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	−63 000	60 000	10 000	6 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	27 000	0	5 000	7 000
Total Investments	0	0	0	0
Cash, Bank	15 000	46 000	56 000	52 000
Total Current Assets	123 000	256 000	65 000	64 000
Total Assets	123 000	256 000	65 000	64 000
Total Equity	57 000	120 000	60 000	50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	71 000	2 000	11 000
Unpaid Taxes	28 000	37 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	12 000	0	1 000
Total Current Debt	66 000	137 000	5 000	14 000
Total Equity and Debt	123 000	256 000	65 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,53 %	50 %	16,67 %	12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,59 %	9,94 %	4,23 %	1,82 %
Current Ratio	1,86	1,87	13	4,57
Quick Ratio	3,15	1,87	-	9,14
Equity Ratio	0,46	0,47	0,92	0,78
Gross Profit Margin	32,06 %	30,32 %	14,01 %	18,18 %