RINDESIGN AS

6450 HJELSET

Finances

Share Ownership

Return on Equity

14,58 %

Current Ratio

1,32

Debt-to-Equity Ratio

−1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 277 000	1 528 000	1 344 000	903 000
Net Income	−182 000	−382 000	−705 000	200 000
Total Assets	1 785 000	2 238 000	2 105 000	850 000
Total Equity	−1 248 000	−816 000	−433 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 277 000	1 528 000	1 344 000	903 000
Expenditure	2 098 000	2 235 000	2 330 000	796 000
Operating Profit	−35 000	−418 000	−789 000	106 000
Financial Income	5 000	5 000	2 000	0
Financial Costs	198 000	76 000	114 000	28 000
Financial Balance	−193 000	−71 000	−112 000	−28 000
Earnings Before Tax	−228 000	−490 000	−900 000	78 000
Tax	−46 000	−107 000	−195 000	−122 000
Net Income	−182 000	−382 000	−705 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	640 000	546 000	458 000	197 000
Total Current Assets	1 145 000	1 692 000	1 647 000	653 000
Total Assets	1 785 000	2 238 000	2 105 000	850 000
Total Retained Equity	−1 528 000	−1 346 000	−963 000	−259 000
Total Equity	−1 248 000	−816 000	−433 000	271 000
Total Long-Term Debt	2 167 000	2 259 000	2 000 000	72 000
Total Current Debt	866 000	795 000	538 000	508 000
Total Equity and Debt	1 785 000	2 238 000	2 105 000	850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 842 000	1 528 000	1 344 000	903 000
Other Income	434 000	0	0	0
Revenue	2 277 000	1 528 000	1 344 000	903 000
Cost of Goods Sold	907 000	404 000	361 000	335 000
Salary Costs	617 000	1 104 000	891 000	173 000
Depreciation	32 000	19 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 098 000	2 235 000	2 330 000	796 000
Operating Profit	−35 000	−418 000	−789 000	106 000
Financial Income	5 000	5 000	2 000	0
Financial Costs	198 000	76 000	114 000	28 000
Financial Balance	−193 000	−71 000	−112 000	−28 000
Dividends	0	0	0	0
Net Income	−182 000	−382 000	−705 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	617 000	533 000	437 000	122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	13 000	20 000	0
Total Tangible Assets	23 000	13 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	75 000
Total Fixed Assets	640 000	546 000	458 000	197 000
Stock	892 000	926 000	637 000	440 000
Total Investments	0	0	0	0
Cash, Bank	2 000	29 000	354 000	−1 000
Total Current Assets	1 145 000	1 692 000	1 647 000	653 000
Total Assets	1 785 000	2 238 000	2 105 000	850 000
Total Equity	−1 248 000	−816 000	−433 000	271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 167 000	2 259 000	2 000 000	72 000
Creditors	193 000	84 000	217 000	165 000
Unpaid Taxes	236 000	132 000	156 000	160 000
Dividends	0	0	0	0
Other Current Debt	296 000	402 000	165 000	0
Total Current Debt	866 000	795 000	538 000	508 000
Total Equity and Debt	1 785 000	2 238 000	2 105 000	850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,58 %	46,81 %	162,82 %	73,8 %
Debt-to-Equity Ratio	−1,74	−2,77	−4,62	0,27
Operating Profit Margin	−1,54 %	−27,36 %	−58,71 %	11,74 %
Current Ratio	1,32	2,13	3,06	1,29
Quick Ratio	−44,04	−12,92	−16,64	9,6
Equity Ratio	−0,7	−0,36	−0,21	0,32
Gross Profit Margin	60,17 %	73,56 %	73,14 %	62,9 %