RENTAL GROUP NORWAY AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−29,31 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 217 000	129 638 000	132 403 000	133 389 000
Net Income	−8 096 000	−323 000	3 438 000	4 723 000
Total Assets	68 635 000	63 213 000	61 997 000	46 309 000
Total Equity	27 621 000	15 112 000	14 766 000	14 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 217 000	129 638 000	132 403 000	133 389 000
Expenditure	138 085 000	129 621 000	127 737 000	127 114 000
Operating Profit	−9 868 000	17 000	4 665 000	6 274 000
Financial Income	92 000	39 000	73 000	83 000
Financial Costs	592 000	469 000	329 000	296 000
Financial Balance	−500 000	−430 000	−256 000	−213 000
Earnings Before Tax	−10 367 000	−414 000	4 410 000	6 061 000
Tax	−2 271 000	−91 000	972 000	1 337 000
Net Income	−8 096 000	−323 000	3 438 000	4 723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 887 000	16 233 000	16 428 000	10 844 000
Total Current Assets	51 749 000	46 980 000	45 569 000	35 465 000
Total Assets	68 635 000	63 213 000	61 997 000	46 309 000
Total Retained Equity	14 120 000	9 915 000	10 238 000	10 058 000
Total Equity	27 621 000	15 112 000	14 766 000	14 585 000
Total Long-Term Debt	16 701 000	25 315 000	14 979 000	8 839 000
Total Current Debt	24 313 000	22 786 000	32 253 000	22 886 000
Total Equity and Debt	68 635 000	63 213 000	61 997 000	46 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 478 000	129 577 000	132 373 000	131 939 000
Other Income	1 739 000	62 000	30 000	1 450 000
Revenue	128 217 000	129 638 000	132 403 000	133 389 000
Cost of Goods Sold	46 689 000	46 870 000	51 929 000	52 669 000
Salary Costs	59 815 000	55 984 000	52 127 000	52 676 000
Depreciation	3 216 000	3 132 000	2 807 000	2 365 000
Impairment	0	0	0	0
Expenditure	138 085 000	129 621 000	127 737 000	127 114 000
Operating Profit	−9 868 000	17 000	4 665 000	6 274 000
Financial Income	92 000	39 000	73 000	83 000
Financial Costs	592 000	469 000	329 000	296 000
Financial Balance	−500 000	−430 000	−256 000	−213 000
Dividends	0	0	0	0
Net Income	−8 096 000	−323 000	3 438 000	4 723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	53 000
Real Eastate	0	0	5 171 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 887 000	16 233 000	11 257 000	10 792 000
Total Tangible Assets	16 887 000	16 233 000	16 428 000	10 792 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 887 000	16 233 000	16 428 000	10 844 000
Stock	17 209 000	14 466 000	17 844 000	18 089 000
Total Investments	0	0	0	0
Cash, Bank	5 629 000	10 669 000	12 300 000	4 161 000
Total Current Assets	51 749 000	46 980 000	45 569 000	35 465 000
Total Assets	68 635 000	63 213 000	61 997 000	46 309 000
Total Equity	27 621 000	15 112 000	14 766 000	14 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 701 000	25 315 000	14 979 000	8 839 000
Creditors	10 576 000	8 624 000	15 604 000	4 973 000
Unpaid Taxes	5 484 000	6 543 000	5 129 000	6 516 000
Dividends	0	0	0	0
Other Current Debt	8 253 000	7 619 000	11 519 000	11 397 000
Total Current Debt	24 313 000	22 786 000	32 253 000	22 886 000
Total Equity and Debt	68 635 000	63 213 000	61 997 000	46 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,31 %	−2,14 %	23,28 %	32,38 %
Debt-to-Equity Ratio	0,6	1,68	1,01	0,61
Operating Profit Margin	−7,7 %	0,01 %	3,52 %	4,7 %
Current Ratio	2,13	2,06	1,41	1,55
Quick Ratio	7,28	5,65	3,16	7,39
Equity Ratio	0,4	0,24	0,24	0,31
Gross Profit Margin	63,59 %	63,85 %	60,78 %	60,51 %