REN AS

5072 BERGEN

Finances

Return on Equity

10,21 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	251 958 000	184 425 000	60 375 000	74 255 000
Net Income	3 277 000	3 158 000	973 000	1 802 000
Total Assets	242 141 000	124 367 000	118 813 000	51 008 000
Total Equity	32 090 000	28 812 000	25 654 000	24 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	251 958 000	184 425 000	60 375 000	74 255 000
Expenditure	250 985 000	183 802 000	63 098 000	73 451 000
Operating Profit	4 192 000	3 981 000	1 190 000	2 202 000
Financial Income	179 000	32 000	96 000	208 000
Financial Costs	66 000	48 000	35 000	17 000
Financial Balance	113 000	−16 000	61 000	191 000
Earnings Before Tax	4 306 000	3 965 000	1 251 000	2 393 000
Tax	1 028 000	806 000	278 000	590 000
Net Income	3 277 000	3 158 000	973 000	1 802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 616 000	19 222 000	15 558 000	10 397 000
Total Current Assets	218 525 000	105 145 000	103 255 000	40 611 000
Total Assets	242 141 000	124 367 000	118 813 000	51 008 000
Total Retained Equity	20 180 000	16 903 000	13 744 000	12 771 000
Total Equity	32 090 000	28 812 000	25 654 000	24 681 000
Total Long-Term Debt	0	0	26 000	77 000
Total Current Debt	210 052 000	95 554 000	93 133 000	26 249 000
Total Equity and Debt	242 141 000	124 367 000	118 813 000	51 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	243 392 000	178 347 000	55 975 000	58 142 000
Other Income	8 567 000	6 077 000	4 400 000	16 113 000
Revenue	251 958 000	184 425 000	60 375 000	74 255 000
Cost of Goods Sold	185 056 000	130 659 000	17 475 000	27 707 000
Salary Costs	41 275 000	36 346 000	31 403 000	30 385 000
Depreciation	7 524 000	5 783 000	4 686 000	3 885 000
Impairment	0	0	0	0
Expenditure	250 985 000	183 802 000	63 098 000	73 451 000
Operating Profit	4 192 000	3 981 000	1 190 000	2 202 000
Financial Income	179 000	32 000	96 000	208 000
Financial Costs	66 000	48 000	35 000	17 000
Financial Balance	113 000	−16 000	61 000	191 000
Dividends	0	0	0	0
Net Income	3 277 000	3 158 000	973 000	1 802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 507 000	17 476 000	13 936 000	9 303 000
Real Eastate	284 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 286 000	1 156 000	717 000	724 000
Total Tangible Assets	1 570 000	1 156 000	717 000	724 000
Total Fiancial Fixed Assets	539 000	590 000	905 000	370 000
Total Fixed Assets	23 616 000	19 222 000	15 558 000	10 397 000
Stock	2 252 000	6 878 000	115 000	115 000
Total Investments	0	0	0	0
Cash, Bank	70 164 000	69 019 000	55 846 000	22 683 000
Total Current Assets	218 525 000	105 145 000	103 255 000	40 611 000
Total Assets	242 141 000	124 367 000	118 813 000	51 008 000
Total Equity	32 090 000	28 812 000	25 654 000	24 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	26 000	77 000
Creditors	68 946 000	22 334 000	7 050 000	6 184 000
Unpaid Taxes	14 898 000	8 862 000	2 938 000	3 437 000
Dividends	0	0	0	0
Other Current Debt	125 124 000	63 725 000	83 144 000	16 628 000
Total Current Debt	210 052 000	95 554 000	93 133 000	26 249 000
Total Equity and Debt	242 141 000	124 367 000	118 813 000	51 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,21 %	10,96 %	3,79 %	7,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,66 %	2,16 %	1,97 %	2,97 %
Current Ratio	1,04	1,1	1,11	1,55
Quick Ratio	1,05	1,19	1,11	1,55
Equity Ratio	0,13	0,23	0,22	0,48
Gross Profit Margin	26,55 %	29,15 %	71,06 %	62,69 %