REDCORD AS

4846 ARENDAL

Finances

Return on Equity

7,2 %

Current Ratio

4,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 485 000	26 199 000	27 076 000	33 806 000
Net Income	1 830 000	2 758 000	3 377 000	3 810 000
Total Assets	30 798 000	28 102 000	25 072 000	22 661 000
Total Equity	25 412 000	23 582 000	20 823 000	17 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 485 000	26 199 000	27 076 000	33 806 000
Expenditure	23 601 000	23 399 000	23 267 000	28 832 000
Operating Profit	1 885 000	2 800 000	3 807 000	4 975 000
Financial Income	−17 000	−7 000	−396 000	−832 000
Financial Costs	38 000	36 000	34 000	333 000
Financial Balance	−55 000	−43 000	−430 000	−1 165 000
Earnings Before Tax	1 830 000	2 758 000	3 377 000	3 810 000
Tax	0	0	0	0
Net Income	1 830 000	2 758 000	3 377 000	3 810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 674 000	3 646 000	3 377 000	3 570 000
Total Current Assets	26 124 000	24 456 000	21 695 000	19 091 000
Total Assets	30 798 000	28 102 000	25 072 000	22 661 000
Total Retained Equity	−8 455 000	−10 285 000	−13 043 000	−16 420 000
Total Equity	25 412 000	23 582 000	20 823 000	17 446 000
Total Long-Term Debt	0	0	450 000	838 000
Total Current Debt	5 386 000	4 521 000	3 799 000	4 377 000
Total Equity and Debt	30 798 000	28 102 000	25 072 000	22 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 485 000	25 557 000	26 576 000	33 806 000
Other Income	0	643 000	499 000	0
Revenue	25 485 000	26 199 000	27 076 000	33 806 000
Cost of Goods Sold	7 825 000	6 965 000	8 071 000	9 820 000
Salary Costs	8 905 000	9 512 000	9 009 000	10 652 000
Depreciation	195 000	171 000	269 000	287 000
Impairment	0	0	0	0
Expenditure	23 601 000	23 399 000	23 267 000	28 832 000
Operating Profit	1 885 000	2 800 000	3 807 000	4 975 000
Financial Income	−17 000	−7 000	−396 000	−832 000
Financial Costs	38 000	36 000	34 000	333 000
Financial Balance	−55 000	−43 000	−430 000	−1 165 000
Dividends	0	0	0	0
Net Income	1 830 000	2 758 000	3 377 000	3 810 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 093 000	3 127 000	3 189 000	3 283 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 312 000	310 000	189 000	287 000
Total Tangible Assets	1 312 000	310 000	189 000	287 000
Total Fiancial Fixed Assets	269 000	209 000	0	0
Total Fixed Assets	4 674 000	3 646 000	3 377 000	3 570 000
Stock	3 377 000	3 034 000	3 800 000	3 282 000
Total Investments	0	0	0	0
Cash, Bank	19 599 000	19 168 000	15 983 000	10 943 000
Total Current Assets	26 124 000	24 456 000	21 695 000	19 091 000
Total Assets	30 798 000	28 102 000	25 072 000	22 661 000
Total Equity	25 412 000	23 582 000	20 823 000	17 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	450 000	838 000
Creditors	1 927 000	1 173 000	678 000	1 648 000
Unpaid Taxes	676 000	570 000	776 000	668 000
Dividends	0	0	0	0
Other Current Debt	2 784 000	2 777 000	2 345 000	2 061 000
Total Current Debt	5 386 000	4 521 000	3 799 000	4 377 000
Total Equity and Debt	30 798 000	28 102 000	25 072 000	22 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,2 %	11,7 %	16,22 %	21,84 %
Debt-to-Equity Ratio	0	0	0,02	0,05
Operating Profit Margin	7,4 %	10,69 %	14,06 %	14,72 %
Current Ratio	4,85	5,41	5,71	4,36
Quick Ratio	13	16,45	−21 695	17,43
Equity Ratio	0,83	0,84	0,83	0,77
Gross Profit Margin	69,3 %	73,42 %	70,19 %	70,95 %