RENT-A-WRECK OF SCANDINAVIA AS

0278 OSLO

Finances

Return on Equity

96,81 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 860 000	5 925 000	4 557 000	5 265 000
Net Income	2 187 000	1 424 000	760 000	315 000
Total Assets	4 178 000	2 890 000	2 906 000	2 899 000
Total Equity	2 259 000	1 426 000	1 542 000	1 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 860 000	5 925 000	4 557 000	5 265 000
Expenditure	4 015 000	4 104 000	3 587 000	4 861 000
Operating Profit	2 846 000	1 821 000	970 000	404 000
Financial Income	16 000	7 000	15 000	9 000
Financial Costs	44 000	0	9 000	6 000
Financial Balance	−28 000	7 000	6 000	3 000
Earnings Before Tax	2 817 000	1 828 000	976 000	407 000
Tax	630 000	404 000	216 000	92 000
Net Income	2 187 000	1 424 000	760 000	315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 000	332 000	270 000	160 000
Total Current Assets	3 887 000	2 558 000	2 636 000	2 739 000
Total Assets	4 178 000	2 890 000	2 906 000	2 899 000
Total Retained Equity	2 159 000	1 326 000	1 442 000	1 182 000
Total Equity	2 259 000	1 426 000	1 542 000	1 282 000
Total Long-Term Debt	0	57 000	229 000	406 000
Total Current Debt	1 918 000	1 407 000	1 136 000	1 210 000
Total Equity and Debt	4 178 000	2 890 000	2 906 000	2 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 860 000	5 925 000	4 557 000	5 265 000
Other Income	0	0	0	0
Revenue	6 860 000	5 925 000	4 557 000	5 265 000
Cost of Goods Sold	1 218 000	1 094 000	795 000	1 275 000
Salary Costs	1 414 000	1 934 000	1 758 000	1 508 000
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	4 015 000	4 104 000	3 587 000	4 861 000
Operating Profit	2 846 000	1 821 000	970 000	404 000
Financial Income	16 000	7 000	15 000	9 000
Financial Costs	44 000	0	9 000	6 000
Financial Balance	−28 000	7 000	6 000	3 000
Dividends	0	0	0	0
Net Income	2 187 000	1 424 000	760 000	315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	13 000	17 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	280 000	319 000	254 000	139 000
Total Fixed Assets	291 000	332 000	270 000	160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 341 000	1 583 000	1 541 000	1 620 000
Total Current Assets	3 887 000	2 558 000	2 636 000	2 739 000
Total Assets	4 178 000	2 890 000	2 906 000	2 899 000
Total Equity	2 259 000	1 426 000	1 542 000	1 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	57 000	229 000	406 000
Creditors	93 000	86 000	154 000	307 000
Unpaid Taxes	336 000	318 000	245 000	304 000
Dividends	0	0	0	0
Other Current Debt	871 000	602 000	525 000	512 000
Total Current Debt	1 918 000	1 407 000	1 136 000	1 210 000
Total Equity and Debt	4 178 000	2 890 000	2 906 000	2 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,81 %	99,86 %	49,29 %	24,57 %
Debt-to-Equity Ratio	0	0,04	0,15	0,32
Operating Profit Margin	41,49 %	30,73 %	21,29 %	7,67 %
Current Ratio	2,03	1,82	2,32	2,26
Quick Ratio	2,03	1,82	2,32	2,26
Equity Ratio	0,54	0,49	0,53	0,44
Gross Profit Margin	82,24 %	81,54 %	82,55 %	75,78 %