REIS ELEKTRO AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

40,18 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 019 000	7 140 000	4 167 000	1 064 000
Net Income	918 000	797 000	472 000	68 000
Total Assets	4 772 000	2 588 000	1 323 000	321 000
Total Equity	2 285 000	1 367 000	570 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 019 000	7 140 000	4 167 000	1 064 000
Expenditure	6 819 000	6 119 000	3 556 000	973 000
Operating Profit	1 200 000	1 022 000	611 000	92 000
Financial Income	4 000	7 000	0	0
Financial Costs	20 000	4 000	5 000	5 000
Financial Balance	−16 000	3 000	−5 000	−5 000
Earnings Before Tax	1 185 000	1 025 000	606 000	87 000
Tax	267 000	228 000	134 000	19 000
Net Income	918 000	797 000	472 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 653 000	137 000	97 000	0
Total Current Assets	3 119 000	2 452 000	1 225 000	321 000
Total Assets	4 772 000	2 588 000	1 323 000	321 000
Total Retained Equity	2 255 000	1 337 000	540 000	68 000
Total Equity	2 285 000	1 367 000	570 000	98 000
Total Long-Term Debt	853 000	0	0	0
Total Current Debt	1 634 000	1 221 000	753 000	223 000
Total Equity and Debt	4 772 000	2 588 000	1 323 000	321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 019 000	7 140 000	4 167 000	1 064 000
Other Income	0	0	0	0
Revenue	8 019 000	7 140 000	4 167 000	1 064 000
Cost of Goods Sold	2 836 000	2 961 000	1 823 000	383 000
Salary Costs	2 699 000	2 236 000	1 122 000	328 000
Depreciation	77 000	25 000	5 000	0
Impairment	0	0	0	0
Expenditure	6 819 000	6 119 000	3 556 000	973 000
Operating Profit	1 200 000	1 022 000	611 000	92 000
Financial Income	4 000	7 000	0	0
Financial Costs	20 000	4 000	5 000	5 000
Financial Balance	−16 000	3 000	−5 000	−5 000
Dividends	0	0	0	0
Net Income	918 000	797 000	472 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 571 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	72 000	12 000	0
Total Tangible Assets	1 610 000	72 000	12 000	0
Total Fiancial Fixed Assets	43 000	64 000	85 000	0
Total Fixed Assets	1 653 000	137 000	97 000	0
Stock	225 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	620 000	218 000	418 000	111 000
Total Current Assets	3 119 000	2 452 000	1 225 000	321 000
Total Assets	4 772 000	2 588 000	1 323 000	321 000
Total Equity	2 285 000	1 367 000	570 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	853 000	0	0	0
Creditors	749 000	314 000	251 000	82 000
Unpaid Taxes	376 000	480 000	265 000	88 000
Dividends	0	0	0	0
Other Current Debt	243 000	199 000	103 000	34 000
Total Current Debt	1 634 000	1 221 000	753 000	223 000
Total Equity and Debt	4 772 000	2 588 000	1 323 000	321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,18 %	58,3 %	82,81 %	69,39 %
Debt-to-Equity Ratio	0,37	0	0	0
Operating Profit Margin	14,96 %	14,31 %	14,66 %	8,65 %
Current Ratio	1,91	2,01	1,63	1,44
Quick Ratio	2,21	2,01	1,63	1,44
Equity Ratio	0,48	0,53	0,43	0,31
Gross Profit Margin	64,63 %	58,53 %	56,25 %	64 %