RECITO AS

1344 HASLUM

Finances

Return on Equity

75,67 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 115 000	582 000	861 000	279 000
Net Income	731 000	104 000	−28 000	130 000
Total Assets	1 333 000	558 000	457 000	457 000
Total Equity	966 000	235 000	131 000	160 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 115 000	582 000	861 000	279 000
Expenditure	887 000	445 000	879 000	108 000
Operating Profit	228 000	137 000	−19 000	171 000
Financial Income	562 000	2 000	12 000	0
Financial Costs	9 000	6 000	29 000	4 000
Financial Balance	553 000	−4 000	−17 000	−4 000
Earnings Before Tax	780 000	133 000	−36 000	167 000
Tax	50 000	29 000	−8 000	37 000
Net Income	731 000	104 000	−28 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	749 000	149 000	149 000	149 000
Total Current Assets	583 000	409 000	307 000	308 000
Total Assets	1 333 000	558 000	457 000	457 000
Total Retained Equity	936 000	205 000	101 000	130 000
Total Equity	966 000	235 000	131 000	160 000
Total Long-Term Debt	150 000	203 000	202 000	201 000
Total Current Debt	217 000	119 000	123 000	96 000
Total Equity and Debt	1 333 000	558 000	457 000	457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 000	582 000	861 000	279 000
Other Income	0	0	0	0
Revenue	1 115 000	582 000	861 000	279 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	717 000	308 000	767 000	39 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	887 000	445 000	879 000	108 000
Operating Profit	228 000	137 000	−19 000	171 000
Financial Income	562 000	2 000	12 000	0
Financial Costs	9 000	6 000	29 000	4 000
Financial Balance	553 000	−4 000	−17 000	−4 000
Dividends	0	0	0	0
Net Income	731 000	104 000	−28 000	130 000

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	749 000	149 000	149 000	149 000
Total Fixed Assets	749 000	149 000	149 000	149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	326 000	256 000	219 000
Total Current Assets	583 000	409 000	307 000	308 000
Total Assets	1 333 000	558 000	457 000	457 000
Total Equity	966 000	235 000	131 000	160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	203 000	202 000	201 000
Creditors	4 000	4 000	2 000	2 000
Unpaid Taxes	86 000	53 000	37 000	53 000
Dividends	0	0	0	0
Other Current Debt	78 000	33 000	85 000	4 000
Total Current Debt	217 000	119 000	123 000	96 000
Total Equity and Debt	1 333 000	558 000	457 000	457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,67 %	44,26 %	−21,37 %	81,25 %
Debt-to-Equity Ratio	0,16	0,86	1,54	1,26
Operating Profit Margin	20,45 %	23,54 %	−2,21 %	61,29 %
Current Ratio	2,69	3,44	2,5	3,21
Quick Ratio	2,69	3,44	2,5	3,21
Equity Ratio	0,72	0,42	0,29	0,35
Gross Profit Margin	100 %	100 %	100 %	99,28 %