REKNES MASKIN AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

8,35 %

Current Ratio

0,6

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 216 000	3 387 000	1 384 000	1 431 000
Net Income	86 000	−34 000	34 000	140 000
Total Assets	5 104 000	4 380 000	1 897 000	1 685 000
Total Equity	1 030 000	1 004 000	1 070 000	1 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 216 000	3 387 000	1 384 000	1 431 000
Expenditure	3 997 000	3 376 000	1 329 000	1 240 000
Operating Profit	219 000	12 000	55 000	191 000
Financial Income	0	0	4 000	0
Financial Costs	108 000	17 000	15 000	12 000
Financial Balance	−108 000	−17 000	−11 000	−12 000
Earnings Before Tax	110 000	−5 000	44 000	179 000
Tax	24 000	29 000	10 000	39 000
Net Income	86 000	−34 000	34 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 298 000	3 189 000	1 517 000	1 085 000
Total Current Assets	1 807 000	1 191 000	381 000	600 000
Total Assets	5 104 000	4 380 000	1 897 000	1 685 000
Total Retained Equity	900 000	874 000	970 000	936 000
Total Equity	1 030 000	1 004 000	1 070 000	1 036 000
Total Long-Term Debt	1 045 000	1 208 000	552 000	119 000
Total Current Debt	3 030 000	2 167 000	275 000	530 000
Total Equity and Debt	5 104 000	4 380 000	1 897 000	1 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 184 000	2 996 000	1 181 000	1 416 000
Other Income	32 000	391 000	203 000	15 000
Revenue	4 216 000	3 387 000	1 384 000	1 431 000
Cost of Goods Sold	1 268 000	1 234 000	570 000	311 000
Salary Costs	1 005 000	971 000	225 000	415 000
Depreciation	361 000	172 000	169 000	145 000
Impairment	0	0	0	0
Expenditure	3 997 000	3 376 000	1 329 000	1 240 000
Operating Profit	219 000	12 000	55 000	191 000
Financial Income	0	0	4 000	0
Financial Costs	108 000	17 000	15 000	12 000
Financial Balance	−108 000	−17 000	−11 000	−12 000
Dividends	0	0	0	0
Net Income	86 000	−34 000	34 000	140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	17 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 423 000	3 016 000	1 332 000	856 000
Fixtures	117 000	156 000	185 000	229 000
Total Tangible Assets	2 540 000	3 172 000	1 517 000	1 085 000
Total Fiancial Fixed Assets	740 000	0	0	0
Total Fixed Assets	3 298 000	3 189 000	1 517 000	1 085 000
Stock	67 000	139 000	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	219 000	274 000	142 000
Total Current Assets	1 807 000	1 191 000	381 000	600 000
Total Assets	5 104 000	4 380 000	1 897 000	1 685 000
Total Equity	1 030 000	1 004 000	1 070 000	1 036 000
Short-Term Group Debt	60 000	0	0	0
Total Long-Term Debt	1 045 000	1 208 000	552 000	119 000
Creditors	2 357 000	1 858 000	8 000	147 000
Unpaid Taxes	406 000	172 000	64 000	104 000
Dividends	0	0	0	0
Other Current Debt	207 000	137 000	204 000	242 000
Total Current Debt	3 030 000	2 167 000	275 000	530 000
Total Equity and Debt	5 104 000	4 380 000	1 897 000	1 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,35 %	−3,39 %	3,18 %	13,51 %
Debt-to-Equity Ratio	1,01	1,2	0,52	0,11
Operating Profit Margin	5,19 %	0,35 %	3,97 %	13,35 %
Current Ratio	0,6	0,55	1,39	1,13
Quick Ratio	0,61	0,59	1,39	1,13
Equity Ratio	0,2	0,23	0,56	0,61
Gross Profit Margin	69,92 %	63,57 %	58,82 %	78,27 %