RELICO AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

38,98 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 016 000	1 482 000	1 440 000	282 000
Net Income	497 000	473 000	433 000	−157 000
Total Assets	1 767 000	1 033 000	892 000	195 000
Total Equity	1 275 000	779 000	306 000	−127 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 016 000	1 482 000	1 440 000	282 000
Expenditure	1 381 000	900 000	874 000	439 000
Operating Profit	635 000	582 000	569 000	−157 000
Financial Income	12 000	27 000	0	0
Financial Costs	11 000	3 000	57 000	0
Financial Balance	1 000	24 000	−57 000	0
Earnings Before Tax	637 000	606 000	512 000	−157 000
Tax	140 000	133 000	79 000	0
Net Income	497 000	473 000	433 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 767 000	1 033 000	892 000	195 000
Total Assets	1 767 000	1 033 000	892 000	195 000
Total Retained Equity	1 245 000	749 000	276 000	−157 000
Total Equity	1 275 000	779 000	306 000	−127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	492 000	254 000	586 000	322 000
Total Equity and Debt	1 767 000	1 033 000	892 000	195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 016 000	1 482 000	1 440 000	282 000
Other Income	0	0	0	0
Revenue	2 016 000	1 482 000	1 440 000	282 000
Cost of Goods Sold	1 163 000	844 000	850 000	57 000
Salary Costs	155 000	0	0	348 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 381 000	900 000	874 000	439 000
Operating Profit	635 000	582 000	569 000	−157 000
Financial Income	12 000	27 000	0	0
Financial Costs	11 000	3 000	57 000	0
Financial Balance	1 000	24 000	−57 000	0
Dividends	0	0	0	0
Net Income	497 000	473 000	433 000	−157 000

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	202 000	161 000	167 000	165 000
Total Investments	0	0	0	0
Cash, Bank	1 250 000	556 000	432 000	12 000
Total Current Assets	1 767 000	1 033 000	892 000	195 000
Total Assets	1 767 000	1 033 000	892 000	195 000
Total Equity	1 275 000	779 000	306 000	−127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	134 000	2 000	102 000	1 000
Unpaid Taxes	82 000	116 000	102 000	42 000
Dividends	0	0	0	0
Other Current Debt	136 000	2 000	302 000	279 000
Total Current Debt	492 000	254 000	586 000	322 000
Total Equity and Debt	1 767 000	1 033 000	892 000	195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,98 %	60,72 %	141,5 %	123,62 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	31,5 %	39,27 %	39,51 %	−55,67 %
Current Ratio	3,59	4,07	1,52	0,61
Quick Ratio	6,09	11,11	2,13	1,24
Equity Ratio	0,72	0,75	0,34	−0,65
Gross Profit Margin	42,31 %	43,05 %	40,97 %	79,79 %