REDSKAPSSERVICE AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

31,22 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	13 496 000	13 337 000	12 084 000
Net Income	710 000	775 000	655 000
Total Assets	4 379 000	5 097 000	3 585 000
Total Equity	2 274 000	1 630 000	855 000

Income (NOK)	2022	2021	2020
Revenue	13 496 000	13 337 000	12 084 000
Expenditure	12 581 000	12 343 000	11 246 000
Operating Profit	915 000	994 000	838 000
Financial Income	0	1 000	0
Financial Costs	0	0	1 000
Financial Balance	0	1 000	−1 000
Earnings Before Tax	915 000	995 000	837 000
Tax	205 000	220 000	182 000
Net Income	710 000	775 000	655 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 000	44 000	46 000
Total Current Assets	4 330 000	5 052 000	3 539 000
Total Assets	4 379 000	5 097 000	3 585 000
Total Retained Equity	2 074 000	1 430 000	655 000
Total Equity	2 274 000	1 630 000	855 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 106 000	3 467 000	2 730 000
Total Equity and Debt	4 379 000	5 097 000	3 585 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 467 000	13 303 000	12 068 000
Other Income	29 000	34 000	16 000
Revenue	13 496 000	13 337 000	12 084 000
Cost of Goods Sold	10 539 000	10 802 000	10 083 000
Salary Costs	811 000	779 000	609 000
Depreciation	29 000	21 000	14 000
Impairment	0	0	0
Expenditure	12 581 000	12 343 000	11 246 000
Operating Profit	915 000	994 000	838 000
Financial Income	0	1 000	0
Financial Costs	0	0	1 000
Financial Balance	0	1 000	−1 000
Dividends	0	0	0
Net Income	710 000	775 000	655 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	5 000	4 000	5 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	44 000	40 000	41 000
Total Tangible Assets	44 000	40 000	41 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	49 000	44 000	46 000
Stock	2 036 000	2 477 000	1 794 000
Total Investments	0	0	0
Cash, Bank	1 140 000	2 073 000	775 000
Total Current Assets	4 330 000	5 052 000	3 539 000
Total Assets	4 379 000	5 097 000	3 585 000
Total Equity	2 274 000	1 630 000	855 000
Short-Term Group Debt	1 585 000	2 100 000	2 100 000
Total Long-Term Debt	0	0	0
Creditors	55 000	830 000	297 000
Unpaid Taxes	128 000	212 000	76 000
Dividends	0	0	0
Other Current Debt	151 000	106 000	70 000
Total Current Debt	2 106 000	3 467 000	2 730 000
Total Equity and Debt	4 379 000	5 097 000	3 585 000

Financial indicators	2022	2021	2020
Return on Equity	31,22 %	47,55 %	76,61 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,78 %	7,45 %	6,93 %
Current Ratio	2,06	1,46	1,3
Quick Ratio	61,86	5,1	3,78
Equity Ratio	0,52	0,32	0,24
Gross Profit Margin	21,91 %	19,01 %	16,56 %