RENDER AS

4005 STAVANGER

Finances

Return on Equity

−22,65 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 663 000	6 869 000	7 691 000	15 132 000
Net Income	−368 000	−394 000	−515 000	1 402 000
Total Assets	3 101 000	3 576 000	3 942 000	6 324 000
Total Equity	1 625 000	1 993 000	2 388 000	2 903 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 663 000	6 869 000	7 691 000	15 132 000
Expenditure	6 138 000	7 376 000	8 353 000	13 333 000
Operating Profit	−474 000	−507 000	−661 000	1 799 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	0	2 000	2 000	3 000
Financial Balance	2 000	1 000	1 000	0
Earnings Before Tax	−472 000	−506 000	−660 000	1 799 000
Tax	−104 000	−111 000	−145 000	398 000
Net Income	−368 000	−394 000	−515 000	1 402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 124 000	1 036 000	1 009 000	959 000
Total Current Assets	1 977 000	2 539 000	2 932 000	5 365 000
Total Assets	3 101 000	3 576 000	3 942 000	6 324 000
Total Retained Equity	573 000	941 000	1 336 000	1 851 000
Total Equity	1 625 000	1 993 000	2 388 000	2 903 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 476 000	1 582 000	1 554 000	3 420 000
Total Equity and Debt	3 101 000	3 576 000	3 942 000	6 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 663 000	6 869 000	7 691 000	15 132 000
Other Income	0	0	0	0
Revenue	5 663 000	6 869 000	7 691 000	15 132 000
Cost of Goods Sold	136 000	279 000	588 000	1 005 000
Salary Costs	5 013 000	5 998 000	6 602 000	10 830 000
Depreciation	86 000	148 000	146 000	114 000
Impairment	0	0	0	0
Expenditure	6 138 000	7 376 000	8 353 000	13 333 000
Operating Profit	−474 000	−507 000	−661 000	1 799 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	0	2 000	2 000	3 000
Financial Balance	2 000	1 000	1 000	0
Dividends	0	0	0	1 000 000
Net Income	−368 000	−394 000	−515 000	1 402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 057 000	970 000	876 000	692 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	67 000	134 000	266 000
Total Tangible Assets	67 000	67 000	134 000	266 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 124 000	1 036 000	1 009 000	959 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	981 000	1 415 000	1 790 000	2 061 000
Total Current Assets	1 977 000	2 539 000	2 932 000	5 365 000
Total Assets	3 101 000	3 576 000	3 942 000	6 324 000
Total Equity	1 625 000	1 993 000	2 388 000	2 903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	191 000	171 000	160 000	658 000
Unpaid Taxes	441 000	524 000	429 000	1 085 000
Dividends	0	0	0	1 000 000
Other Current Debt	844 000	887 000	964 000	1 677 000
Total Current Debt	1 476 000	1 582 000	1 554 000	3 420 000
Total Equity and Debt	3 101 000	3 576 000	3 942 000	6 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,65 %	−19,77 %	−21,57 %	48,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,37 %	−7,38 %	−8,59 %	11,89 %
Current Ratio	1,34	1,6	1,89	1,57
Quick Ratio	1,34	1,6	1,89	1,57
Equity Ratio	0,52	0,56	0,61	0,46
Gross Profit Margin	97,6 %	95,94 %	92,35 %	93,36 %