RECASOFT AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

55,39 %

Current Ratio

0,26

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	1 799 000	1 364 000	831 000
Net Income	293 000	172 000	40 000
Total Assets	1 661 000	1 457 000	1 835 000
Total Equity	529 000	236 000	64 000

Income (NOK)	2022	2021	2020
Revenue	1 799 000	1 364 000	831 000
Expenditure	1 420 000	1 143 000	764 000
Operating Profit	379 000	221 000	66 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	15 000
Financial Balance	−2 000	−1 000	−15 000
Earnings Before Tax	377 000	220 000	51 000
Tax	83 000	48 000	11 000
Net Income	293 000	172 000	40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 369 000	1 369 000	1 769 000
Total Current Assets	292 000	88 000	66 000
Total Assets	1 661 000	1 457 000	1 835 000
Total Retained Equity	499 000	211 000	40 000
Total Equity	529 000	236 000	64 000
Total Long-Term Debt	6 000	0	0
Total Current Debt	1 126 000	1 221 000	1 771 000
Total Equity and Debt	1 661 000	1 457 000	1 835 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 799 000	1 364 000	831 000
Other Income	0	0	0
Revenue	1 799 000	1 364 000	831 000
Cost of Goods Sold	0	186 000	78 000
Salary Costs	37 000	41 000	17 000
Depreciation	528 000	400 000	233 000
Impairment	0	0	0
Expenditure	1 420 000	1 143 000	764 000
Operating Profit	379 000	221 000	66 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	15 000
Financial Balance	−2 000	−1 000	−15 000
Dividends	0	0	0
Net Income	293 000	172 000	40 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	967 000	1 367 000	1 767 000
Real Eastate	15 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	385 000	0	0
Total Tangible Assets	401 000	0	0
Total Fiancial Fixed Assets	2 000	2 000	2 000
Total Fixed Assets	1 369 000	1 369 000	1 769 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	154 000	20 000	55 000
Total Current Assets	292 000	88 000	66 000
Total Assets	1 661 000	1 457 000	1 835 000
Total Equity	529 000	236 000	64 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000	0	0
Creditors	840 000	1 069 000	1 723 000
Unpaid Taxes	153 000	85 000	30 000
Dividends	0	0	0
Other Current Debt	7 000	7 000	6 000
Total Current Debt	1 126 000	1 221 000	1 771 000
Total Equity and Debt	1 661 000	1 457 000	1 835 000

Financial indicators	2022	2021	2020
Return on Equity	55,39 %	72,88 %	62,5 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	21,07 %	16,2 %	7,94 %
Current Ratio	0,26	0,07	0,04
Quick Ratio	0,26	0,07	0,04
Equity Ratio	0,32	0,16	0,03
Gross Profit Margin	100 %	86,36 %	90,61 %