RENOVEST IKS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

8,39 %

Current Ratio

2,12

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 238 000	50 598 000	43 908 000	43 451 000
Net Income	1 349 000	1 087 000	−1 052 000	2 071 000
Total Assets	63 559 000	58 337 000	66 478 000	32 098 000
Total Equity	16 087 000	14 738 000	13 651 000	16 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 238 000	50 598 000	43 908 000	43 451 000
Expenditure	56 983 000	49 095 000	44 790 000	41 408 000
Operating Profit	2 256 000	1 503 000	−882 000	2 043 000
Financial Income	173 000	84 000	338 000	175 000
Financial Costs	944 000	339 000	500 000	122 000
Financial Balance	−771 000	−255 000	−162 000	53 000
Earnings Before Tax	1 484 000	1 248 000	−1 044 000	2 096 000
Tax	136 000	161 000	8 000	26 000
Net Income	1 349 000	1 087 000	−1 052 000	2 071 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 818 000	46 921 000	41 934 000	23 187 000
Total Current Assets	17 741 000	11 415 000	24 544 000	8 911 000
Total Assets	63 559 000	58 337 000	66 478 000	32 098 000
Total Retained Equity	6 087 000	4 738 000	3 651 000	6 234 000
Total Equity	16 087 000	14 738 000	13 651 000	16 234 000
Total Long-Term Debt	39 098 000	32 788 000	35 888 000	6 397 000
Total Current Debt	8 374 000	10 810 000	16 939 000	9 467 000
Total Equity and Debt	63 559 000	58 337 000	66 478 000	32 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 081 000	50 358 000	43 743 000	43 137 000
Other Income	158 000	240 000	165 000	315 000
Revenue	59 238 000	50 598 000	43 908 000	43 451 000
Cost of Goods Sold	28 661 000	25 120 000	24 660 000	28 399 000
Salary Costs	10 434 000	9 511 000	8 196 000	5 665 000
Depreciation	5 995 000	4 987 000	3 035 000	1 481 000
Impairment	0	0	0	0
Expenditure	56 983 000	49 095 000	44 790 000	41 408 000
Operating Profit	2 256 000	1 503 000	−882 000	2 043 000
Financial Income	173 000	84 000	338 000	175 000
Financial Costs	944 000	339 000	500 000	122 000
Financial Balance	−771 000	−255 000	−162 000	53 000
Dividends	0	0	0	0
Net Income	1 349 000	1 087 000	−1 052 000	2 071 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	11 000	19 000
Real Eastate	26 791 000	27 956 000	26 321 000	18 429 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 620 000	18 597 000	15 388 000	4 547 000
Total Tangible Assets	45 411 000	46 553 000	41 709 000	22 976 000
Total Fiancial Fixed Assets	403 000	368 000	215 000	192 000
Total Fixed Assets	45 818 000	46 921 000	41 934 000	23 187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 487 000	8 202 000	19 321 000	5 866 000
Total Current Assets	17 741 000	11 415 000	24 544 000	8 911 000
Total Assets	63 559 000	58 337 000	66 478 000	32 098 000
Total Equity	16 087 000	14 738 000	13 651 000	16 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 098 000	32 788 000	35 888 000	6 397 000
Creditors	3 823 000	4 078 000	12 157 000	6 226 000
Unpaid Taxes	205 000	216 000	182 000	133 000
Dividends	0	0	0	0
Other Current Debt	4 160 000	6 412 000	4 600 000	3 098 000
Total Current Debt	8 374 000	10 810 000	16 939 000	9 467 000
Total Equity and Debt	63 559 000	58 337 000	66 478 000	32 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,39 %	7,38 %	−7,71 %	12,76 %
Debt-to-Equity Ratio	2,43	2,22	2,63	0,39
Operating Profit Margin	3,81 %	2,97 %	−2,01 %	4,7 %
Current Ratio	2,12	1,06	1,45	0,94
Quick Ratio	2,12	1,06	1,45	0,94
Equity Ratio	0,25	0,25	0,21	0,51
Gross Profit Margin	51,62 %	50,35 %	43,84 %	34,64 %