RENO-VEST IKS

8416 SORTLAND

Finances

Return on Equity

8,36 %

Current Ratio

2,81

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 755 000	29 092 000	27 007 000	22 821 000
Net Income	3 544 000	2 543 000	−686 000	1 984 000
Total Assets	127 652 000	115 136 000	108 692 000	110 250 000
Total Equity	42 408 000	36 846 000	36 291 000	36 977 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 755 000	29 092 000	27 007 000	22 821 000
Expenditure	28 607 000	27 849 000	26 836 000	21 659 000
Operating Profit	2 147 000	1 243 000	170 000	1 161 000
Financial Income	3 305 000	2 025 000	42 000	1 918 000
Financial Costs	1 755 000	725 000	898 000	1 095 000
Financial Balance	1 550 000	1 300 000	−856 000	823 000
Earnings Before Tax	3 697 000	2 543 000	−686 000	1 984 000
Tax	154 000	0	0	0
Net Income	3 544 000	2 543 000	−686 000	1 984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 690 000	102 965 000	95 778 000	95 930 000
Total Current Assets	23 962 000	12 171 000	12 914 000	14 320 000
Total Assets	127 652 000	115 136 000	108 692 000	110 250 000
Total Retained Equity	42 374 000	36 812 000	36 257 000	36 943 000
Total Equity	42 408 000	36 846 000	36 291 000	36 977 000
Total Long-Term Debt	76 706 000	69 103 000	63 296 000	59 955 000
Total Current Debt	8 539 000	9 187 000	9 104 000	13 318 000
Total Equity and Debt	127 652 000	115 136 000	108 692 000	110 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 755 000	29 092 000	27 007 000	22 802 000
Other Income	0	0	0	20 000
Revenue	30 755 000	29 092 000	27 007 000	22 821 000
Cost of Goods Sold	70 000	42 000	34 000	35 000
Salary Costs	12 247 000	13 216 000	11 410 000	9 987 000
Depreciation	6 583 000	6 001 000	5 853 000	4 344 000
Impairment	0	0	0	0
Expenditure	28 607 000	27 849 000	26 836 000	21 659 000
Operating Profit	2 147 000	1 243 000	170 000	1 161 000
Financial Income	3 305 000	2 025 000	42 000	1 918 000
Financial Costs	1 755 000	725 000	898 000	1 095 000
Financial Balance	1 550 000	1 300 000	−856 000	823 000
Dividends	0	1 988 000	0	1 600 000
Net Income	3 544 000	2 543 000	−686 000	1 984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 219 000	0	0	0
Real Eastate	81 879 000	84 995 000	77 185 000	77 715 000
Machinery and Plant Facilities	835 000	104 000	55 000	96 000
Fixtures	0	0	0	0
Total Tangible Assets	82 714 000	85 099 000	77 240 000	77 811 000
Total Fiancial Fixed Assets	18 757 000	17 866 000	18 537 000	18 119 000
Total Fixed Assets	103 690 000	102 965 000	95 778 000	95 930 000
Stock	350 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 349 000	5 411 000	8 845 000	8 506 000
Total Current Assets	23 962 000	12 171 000	12 914 000	14 320 000
Total Assets	127 652 000	115 136 000	108 692 000	110 250 000
Total Equity	42 408 000	36 846 000	36 291 000	36 977 000
Short-Term Group Debt	182 000	200 000	1 433 000	208 000
Total Long-Term Debt	76 706 000	69 103 000	63 296 000	59 955 000
Creditors	3 746 000	2 267 000	2 337 000	9 225 000
Unpaid Taxes	2 251 000	2 890 000	858 000	558 000
Dividends	0	1 988 000	0	1 600 000
Other Current Debt	2 005 000	1 843 000	4 477 000	1 727 000
Total Current Debt	8 539 000	9 187 000	9 104 000	13 318 000
Total Equity and Debt	127 652 000	115 136 000	108 692 000	110 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,36 %	6,9 %	−1,89 %	5,37 %
Debt-to-Equity Ratio	1,81	1,88	1,74	1,62
Operating Profit Margin	6,98 %	4,27 %	0,63 %	5,09 %
Current Ratio	2,81	1,32	1,42	1,08
Quick Ratio	2,93	1,32	1,42	1,08
Equity Ratio	0,33	0,32	0,33	0,34
Gross Profit Margin	99,77 %	99,86 %	99,87 %	99,85 %