REID AS

0873 OSLO

Finances

Share Ownership

Return on Equity

−34,33 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	664 000	870 000	254 000
Net Income	−23 000	24 000	41 000
Total Assets	244 000	352 000	134 000
Total Equity	67 000	90 000	65 000

Income (NOK)	2022	2021	2020
Revenue	664 000	870 000	254 000
Expenditure	688 000	838 000	202 000
Operating Profit	−24 000	31 000	52 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	−24 000	31 000	52 000
Tax	−1 000	7 000	12 000
Net Income	−23 000	24 000	41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	37 000	79 000	54 000
Total Current Assets	208 000	273 000	79 000
Total Assets	244 000	352 000	134 000
Total Retained Equity	42 000	65 000	41 000
Total Equity	67 000	90 000	65 000
Total Long-Term Debt	0	1 000	3 000
Total Current Debt	178 000	262 000	65 000
Total Equity and Debt	244 000	352 000	134 000

Cash flow (NOK)	2022	2021	2020
Sales Income	634 000	815 000	254 000
Other Income	30 000	55 000	0
Revenue	664 000	870 000	254 000
Cost of Goods Sold	2 000	0	2 000
Salary Costs	245 000	430 000	129 000
Depreciation	43 000	43 000	2 000
Impairment	0	0	1 000
Expenditure	688 000	838 000	202 000
Operating Profit	−24 000	31 000	52 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	−23 000	24 000	41 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	37 000	79 000	54 000
Total Tangible Assets	37 000	79 000	54 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	37 000	79 000	54 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	116 000	235 000	72 000
Total Current Assets	208 000	273 000	79 000
Total Assets	244 000	352 000	134 000
Total Equity	67 000	90 000	65 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	3 000
Creditors	19 000	1 000	0
Unpaid Taxes	27 000	54 000	25 000
Dividends	0	0	0
Other Current Debt	133 000	198 000	31 000
Total Current Debt	178 000	262 000	65 000
Total Equity and Debt	244 000	352 000	134 000

Financial indicators	2022	2021	2020
Return on Equity	−34,33 %	26,67 %	63,08 %
Debt-to-Equity Ratio	0	0,01	0,05
Operating Profit Margin	−3,61 %	3,56 %	20,47 %
Current Ratio	1,17	1,04	1,22
Quick Ratio	1,17	1,04	1,22
Equity Ratio	0,27	0,26	0,49
Gross Profit Margin	99,7 %	100 %	99,21 %