REDNINGSVERKET AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

7,42 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 539 000	64 296 000	57 076 000	65 560 000
Net Income	323 000	188 000	1 451 000	2 941 000
Total Assets	14 753 000	14 195 000	15 862 000	16 451 000
Total Equity	4 355 000	4 032 000	3 844 000	2 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 539 000	64 296 000	57 076 000	65 560 000
Expenditure	65 175 000	64 033 000	55 219 000	61 898 000
Operating Profit	364 000	264 000	1 856 000	3 662 000
Financial Income	64 000	16 000	34 000	135 000
Financial Costs	5 000	32 000	28 000	13 000
Financial Balance	59 000	−16 000	6 000	122 000
Earnings Before Tax	422 000	248 000	1 863 000	3 785 000
Tax	99 000	60 000	411 000	843 000
Net Income	323 000	188 000	1 451 000	2 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	547 000	2 317 000	495 000
Total Current Assets	14 396 000	13 649 000	13 545 000	15 957 000
Total Assets	14 753 000	14 195 000	15 862 000	16 451 000
Total Retained Equity	4 322 000	3 999 000	3 812 000	2 360 000
Total Equity	4 355 000	4 032 000	3 844 000	2 393 000
Total Long-Term Debt	2 000 000	2 000 000	3 000 000	3 000 000
Total Current Debt	8 398 000	8 164 000	9 018 000	11 059 000
Total Equity and Debt	14 753 000	14 195 000	15 862 000	16 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 087 000	63 732 000	57 190 000	64 864 000
Other Income	452 000	564 000	−114 000	696 000
Revenue	65 539 000	64 296 000	57 076 000	65 560 000
Cost of Goods Sold	7 638 000	6 790 000	5 902 000	7 640 000
Salary Costs	28 066 000	25 451 000	23 481 000	27 166 000
Depreciation	178 000	121 000	117 000	102 000
Impairment	0	0	0	0
Expenditure	65 175 000	64 033 000	55 219 000	61 898 000
Operating Profit	364 000	264 000	1 856 000	3 662 000
Financial Income	64 000	16 000	34 000	135 000
Financial Costs	5 000	32 000	28 000	13 000
Financial Balance	59 000	−16 000	6 000	122 000
Dividends	0	0	0	1 500 000
Net Income	323 000	188 000	1 451 000	2 941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	16 000	49 000	109 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	87 000
Fixtures	303 000	331 000	268 000	226 000
Total Tangible Assets	303 000	331 000	268 000	386 000
Total Fiancial Fixed Assets	0	200 000	2 000 000	0
Total Fixed Assets	357 000	547 000	2 317 000	495 000
Stock	1 640 000	1 787 000	1 525 000	1 098 000
Total Investments	0	0	0	0
Cash, Bank	3 031 000	5 098 000	6 047 000	5 810 000
Total Current Assets	14 396 000	13 649 000	13 545 000	15 957 000
Total Assets	14 753 000	14 195 000	15 862 000	16 451 000
Total Equity	4 355 000	4 032 000	3 844 000	2 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 000 000	3 000 000	3 000 000
Creditors	2 305 000	2 554 000	1 694 000	2 190 000
Unpaid Taxes	3 128 000	3 025 000	3 184 000	3 062 000
Dividends	0	0	0	1 500 000
Other Current Debt	2 828 000	2 557 000	3 789 000	3 443 000
Total Current Debt	8 398 000	8 164 000	9 018 000	11 059 000
Total Equity and Debt	14 753 000	14 195 000	15 862 000	16 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,42 %	4,66 %	37,75 %	122,9 %
Debt-to-Equity Ratio	0,46	0,5	0,78	1,25
Operating Profit Margin	0,56 %	0,41 %	3,25 %	5,59 %
Current Ratio	1,71	1,67	1,5	1,44
Quick Ratio	2,13	2,14	1,81	1,6
Equity Ratio	0,3	0,28	0,24	0,15
Gross Profit Margin	88,35 %	89,44 %	89,66 %	88,35 %