RENOVA AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

73,51 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 037 000	1 323 000	1 496 000
Net Income	433 000	418 000	533 000	476 000
Total Assets	1 474 000	1 014 000	1 633 000	2 870 000
Total Equity	589 000	457 000	339 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 037 000	1 323 000	1 496 000
Expenditure	484 000	508 000	660 000	922 000
Operating Profit	528 000	529 000	663 000	575 000
Financial Income	26 000	6 000	21 000	37 000
Financial Costs	0	0	0	0
Financial Balance	26 000	6 000	21 000	37 000
Earnings Before Tax	555 000	535 000	683 000	611 000
Tax	122 000	118 000	150 000	134 000
Net Income	433 000	418 000	533 000	476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	2 000	1 000
Total Current Assets	1 474 000	1 011 000	1 631 000	2 869 000
Total Assets	1 474 000	1 014 000	1 633 000	2 870 000
Total Retained Equity	480 000	348 000	230 000	297 000
Total Equity	589 000	457 000	339 000	406 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	884 000	557 000	1 293 000	2 464 000
Total Equity and Debt	1 474 000	1 014 000	1 633 000	2 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 013 000	1 037 000	1 323 000	1 496 000
Other Income	0	0	0	0
Revenue	1 013 000	1 037 000	1 323 000	1 496 000
Cost of Goods Sold	0	2 000	204 000	94 000
Salary Costs	361 000	329 000	330 000	477 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	484 000	508 000	660 000	922 000
Operating Profit	528 000	529 000	663 000	575 000
Financial Income	26 000	6 000	21 000	37 000
Financial Costs	0	0	0	0
Financial Balance	26 000	6 000	21 000	37 000
Dividends	300 000	300 000	600 000	1 500 000
Net Income	433 000	418 000	533 000	476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	2 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 451 000	959 000	1 499 000	2 448 000
Total Current Assets	1 474 000	1 011 000	1 631 000	2 869 000
Total Assets	1 474 000	1 014 000	1 633 000	2 870 000
Total Equity	589 000	457 000	339 000	406 000
Short-Term Group Debt	300 000	0	439 000	680 000
Total Long-Term Debt	0	0	0	0
Creditors	45 000	39 000	7 000	47 000
Unpaid Taxes	78 000	61 000	58 000	48 000
Dividends	300 000	300 000	600 000	1 500 000
Other Current Debt	42 000	38 000	38 000	53 000
Total Current Debt	884 000	557 000	1 293 000	2 464 000
Total Equity and Debt	1 474 000	1 014 000	1 633 000	2 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,51 %	91,47 %	157,23 %	117,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,12 %	51,01 %	50,11 %	38,44 %
Current Ratio	1,67	1,82	1,26	1,16
Quick Ratio	1,67	1,82	1,26	1,16
Equity Ratio	0,4	0,45	0,21	0,14
Gross Profit Margin	100 %	99,81 %	84,58 %	93,72 %