RENNFAST CENTER AS

4156 MOSTERØY

Finances

Share Ownership

Return on Equity

26,5 %

Current Ratio

3,69

Debt-to-Equity Ratio

4,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 158 000	2 006 000	1 871 000	1 876 000
Net Income	903 000	441 000	381 000	455 000
Total Assets	20 210 000	24 997 000	14 230 000	14 428 000
Total Equity	3 408 000	4 405 000	4 165 000	3 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 158 000	2 006 000	1 871 000	1 876 000
Expenditure	1 203 000	1 150 000	1 110 000	892 000
Operating Profit	1 955 000	856 000	762 000	984 000
Financial Income	16 000	4 000	4 000	0
Financial Costs	815 000	297 000	279 000	400 000
Financial Balance	−799 000	−293 000	−275 000	−400 000
Earnings Before Tax	1 156 000	564 000	487 000	584 000
Tax	253 000	123 000	106 000	129 000
Net Income	903 000	441 000	381 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 655 000	22 913 000	13 843 000	14 399 000
Total Current Assets	2 555 000	2 084 000	387 000	29 000
Total Assets	20 210 000	24 997 000	14 230 000	14 428 000
Total Retained Equity	−7 419 000	3 513 000	3 272 000	3 092 000
Total Equity	3 408 000	4 405 000	4 165 000	3 984 000
Total Long-Term Debt	16 110 000	20 000 000	9 671 000	10 257 000
Total Current Debt	693 000	592 000	395 000	187 000
Total Equity and Debt	20 210 000	24 997 000	14 230 000	14 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	103 000	0
Other Income	3 158 000	2 006 000	1 767 000	1 876 000
Revenue	3 158 000	2 006 000	1 871 000	1 876 000
Cost of Goods Sold	0	0	26 000	0
Salary Costs	0	0	0	0
Depreciation	695 000	431 000	561 000	561 000
Impairment	0	0	0	0
Expenditure	1 203 000	1 150 000	1 110 000	892 000
Operating Profit	1 955 000	856 000	762 000	984 000
Financial Income	16 000	4 000	4 000	0
Financial Costs	815 000	297 000	279 000	400 000
Financial Balance	−799 000	−293 000	−275 000	−400 000
Dividends	800 000	0	200 000	0
Net Income	903 000	441 000	381 000	455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	149 000	40 000	35 000
Real Eastate	17 569 000	11 048 000	13 740 000	14 265 000
Machinery and Plant Facilities	86 000	8 000	13 000	18 000
Fixtures	0	18 000	49 000	80 000
Total Tangible Assets	17 654 000	11 074 000	13 802 000	14 363 000
Total Fiancial Fixed Assets	1 000	11 690 000	1 000	1 000
Total Fixed Assets	17 655 000	22 913 000	13 843 000	14 399 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 534 000	2 084 000	387 000	29 000
Total Current Assets	2 555 000	2 084 000	387 000	29 000
Total Assets	20 210 000	24 997 000	14 230 000	14 428 000
Total Equity	3 408 000	4 405 000	4 165 000	3 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 110 000	20 000 000	9 671 000	10 257 000
Creditors	74 000	54 000	6 000	6 000
Unpaid Taxes	72 000	58 000	61 000	58 000
Dividends	800 000	0	200 000	0
Other Current Debt	75 000	47 000	17 000	4 000
Total Current Debt	693 000	592 000	395 000	187 000
Total Equity and Debt	20 210 000	24 997 000	14 230 000	14 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,5 %	10,01 %	9,15 %	11,42 %
Debt-to-Equity Ratio	4,73	4,54	2,32	2,57
Operating Profit Margin	61,91 %	42,67 %	40,73 %	52,45 %
Current Ratio	3,69	3,52	0,98	0,16
Quick Ratio	3,69	3,52	0,98	0,16
Equity Ratio	0,17	0,18	0,29	0,28
Gross Profit Margin	100 %	100 %	98,61 %	100 %