RENMAX SERVICESYSTEM AS

8400 SORTLAND

Finances

Return on Equity

26,96 %

Current Ratio

2,62

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 625 000	2 864 000	2 786 000	2 557 000
Net Income	946 000	738 000	836 000	497 000
Total Assets	12 115 000	6 689 000	2 547 000	1 877 000
Total Equity	3 509 000	2 563 000	1 826 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 625 000	2 864 000	2 786 000	2 557 000
Expenditure	1 566 000	1 950 000	1 857 000	1 948 000
Operating Profit	1 059 000	914 000	930 000	609 000
Financial Income	54 000	38 000	112 000	110 000
Financial Costs	−48 000	6 000	0	87 000
Financial Balance	102 000	32 000	112 000	23 000
Earnings Before Tax	1 161 000	945 000	1 042 000	633 000
Tax	216 000	208 000	206 000	136 000
Net Income	946 000	738 000	836 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 846 000	4 672 000	33 000	55 000
Total Current Assets	1 269 000	2 017 000	2 514 000	1 822 000
Total Assets	12 115 000	6 689 000	2 547 000	1 877 000
Total Retained Equity	3 409 000	2 463 000	1 726 000	890 000
Total Equity	3 509 000	2 563 000	1 826 000	990 000
Total Long-Term Debt	8 122 000	3 442 000	0	0
Total Current Debt	484 000	684 000	722 000	887 000
Total Equity and Debt	12 115 000	6 689 000	2 547 000	1 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 424 000	2 848 000	2 786 000	2 557 000
Other Income	201 000	16 000	0	0
Revenue	2 625 000	2 864 000	2 786 000	2 557 000
Cost of Goods Sold	0	9 000	5 000	0
Salary Costs	1 221 000	1 657 000	1 520 000	1 595 000
Depreciation	8 000	16 000	23 000	22 000
Impairment	0	0	0	0
Expenditure	1 566 000	1 950 000	1 857 000	1 948 000
Operating Profit	1 059 000	914 000	930 000	609 000
Financial Income	54 000	38 000	112 000	110 000
Financial Costs	−48 000	6 000	0	87 000
Financial Balance	102 000	32 000	112 000	23 000
Dividends	0	0	0	250 000
Net Income	946 000	738 000	836 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	8 000
Real Eastate	10 817 000	4 665 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	7 000	23 000	46 000
Total Tangible Assets	10 846 000	4 672 000	23 000	46 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	10 846 000	4 672 000	33 000	55 000
Stock	0	0	0	0
Total Investments	806 000	1 271 000	932 000	595 000
Cash, Bank	240 000	517 000	1 345 000	970 000
Total Current Assets	1 269 000	2 017 000	2 514 000	1 822 000
Total Assets	12 115 000	6 689 000	2 547 000	1 877 000
Total Equity	3 509 000	2 563 000	1 826 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 122 000	3 442 000	0	0
Creditors	7 000	9 000	22 000	11 000
Unpaid Taxes	141 000	312 000	342 000	335 000
Dividends	0	0	0	250 000
Other Current Debt	120 000	165 000	151 000	154 000
Total Current Debt	484 000	684 000	722 000	887 000
Total Equity and Debt	12 115 000	6 689 000	2 547 000	1 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,96 %	28,79 %	45,78 %	50,2 %
Debt-to-Equity Ratio	2,31	1,34	0	0
Operating Profit Margin	40,34 %	31,91 %	33,38 %	23,82 %
Current Ratio	2,62	2,95	3,48	2,05
Quick Ratio	2,62	2,95	3,48	2,05
Equity Ratio	0,29	0,38	0,72	0,53
Gross Profit Margin	100 %	99,69 %	99,82 %	100 %