REK AS

1640 RÅDE

Finances

Return on Equity

3,62 %

Current Ratio

4,97

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 697 000	2 660 000	3 111 000	8 302 000
Net Income	67 000	93 000	−175 000	1 182 000
Total Assets	2 202 000	2 231 000	2 140 000	3 172 000
Total Equity	1 849 000	1 782 000	1 689 000	1 865 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 697 000	2 660 000	3 111 000	8 302 000
Expenditure	1 608 000	2 541 000	3 332 000	6 785 000
Operating Profit	89 000	119 000	−220 000	1 516 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	2 000
Financial Balance	−2 000	0	0	−1 000
Earnings Before Tax	87 000	119 000	−220 000	1 515 000
Tax	20 000	26 000	−45 000	333 000
Net Income	67 000	93 000	−175 000	1 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	882 000	817 000	421 000	81 000
Total Current Assets	1 321 000	1 414 000	1 719 000	3 091 000
Total Assets	2 202 000	2 231 000	2 140 000	3 172 000
Total Retained Equity	1 749 000	1 682 000	1 589 000	1 765 000
Total Equity	1 849 000	1 782 000	1 689 000	1 865 000
Total Long-Term Debt	87 000	101 000	114 000	132 000
Total Current Debt	266 000	347 000	337 000	1 175 000
Total Equity and Debt	2 202 000	2 231 000	2 140 000	3 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 686 000	2 559 000	3 015 000	7 748 000
Other Income	11 000	101 000	96 000	554 000
Revenue	1 697 000	2 660 000	3 111 000	8 302 000
Cost of Goods Sold	60 000	313 000	1 043 000	3 402 000
Salary Costs	896 000	1 335 000	1 445 000	2 223 000
Depreciation	75 000	65 000	40 000	17 000
Impairment	0	0	0	0
Expenditure	1 608 000	2 541 000	3 332 000	6 785 000
Operating Profit	89 000	119 000	−220 000	1 516 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	2 000
Financial Balance	−2 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	67 000	93 000	−175 000	1 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	81 000	107 000	33 000	0
Fixtures	311 000	320 000	358 000	51 000
Total Tangible Assets	392 000	427 000	391 000	51 000
Total Fiancial Fixed Assets	490 000	390 000	30 000	30 000
Total Fixed Assets	882 000	817 000	421 000	81 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	1 351 000	1 292 000	1 409 000
Total Current Assets	1 321 000	1 414 000	1 719 000	3 091 000
Total Assets	2 202 000	2 231 000	2 140 000	3 172 000
Total Equity	1 849 000	1 782 000	1 689 000	1 865 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	87 000	101 000	114 000	132 000
Creditors	63 000	81 000	65 000	356 000
Unpaid Taxes	68 000	94 000	99 000	269 000
Dividends	0	0	0	0
Other Current Debt	102 000	133 000	173 000	471 000
Total Current Debt	266 000	347 000	337 000	1 175 000
Total Equity and Debt	2 202 000	2 231 000	2 140 000	3 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,62 %	5,22 %	−10,36 %	63,38 %
Debt-to-Equity Ratio	0,05	0,06	0,07	0,07
Operating Profit Margin	5,24 %	4,47 %	−7,07 %	18,26 %
Current Ratio	4,97	4,07	5,1	2,63
Quick Ratio	4,97	4,07	5,1	2,63
Equity Ratio	0,84	0,8	0,79	0,59
Gross Profit Margin	96,46 %	88,23 %	66,47 %	59,02 %