RECO BYGG OG SKADETEKNIKK AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−1 436,18 %

Current Ratio

1,1

Debt-to-Equity Ratio

39,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	345 150 000	314 271 000	304 818 000	267 629 000
Net Income	−5 041 000	−13 022 000	−6 867 000	−14 776 000
Total Assets	74 140 000	81 021 000	68 366 000	78 107 000
Total Equity	351 000	323 000	475 000	2 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	345 150 000	314 271 000	304 818 000	267 629 000
Expenditure	349 159 000	329 670 000	311 828 000	285 163 000
Operating Profit	−4 009 000	−15 400 000	−7 009 000	−17 534 000
Financial Income	11 000	9 000	4 000	76 000
Financial Costs	1 202 000	622 000	1 220 000	1 444 000
Financial Balance	−1 191 000	−613 000	−1 216 000	−1 368 000
Earnings Before Tax	−5 200 000	−16 013 000	−8 225 000	−18 902 000
Tax	−159 000	−2 991 000	−1 358 000	−4 126 000
Net Income	−5 041 000	−13 022 000	−6 867 000	−14 776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 347 000	7 711 000	11 249 000	13 843 000
Total Current Assets	65 793 000	73 310 000	57 116 000	64 264 000
Total Assets	74 140 000	81 021 000	68 366 000	78 107 000
Total Retained Equity	−8 109 000	−8 137 000	−7 985 000	−5 798 000
Total Equity	351 000	323 000	475 000	2 662 000
Total Long-Term Debt	13 725 000	18 465 000	13 961 000	15 255 000
Total Current Debt	60 064 000	62 233 000	53 929 000	60 190 000
Total Equity and Debt	74 140 000	81 021 000	68 366 000	78 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	345 126 000	313 961 000	304 779 000	266 792 000
Other Income	24 000	310 000	39 000	836 000
Revenue	345 150 000	314 271 000	304 818 000	267 629 000
Cost of Goods Sold	134 058 000	125 002 000	120 259 000	112 058 000
Salary Costs	147 308 000	136 821 000	131 451 000	124 774 000
Depreciation	3 774 000	6 374 000	6 203 000	6 152 000
Impairment	79 000	0	0	1 000 000
Expenditure	349 159 000	329 670 000	311 828 000	285 163 000
Operating Profit	−4 009 000	−15 400 000	−7 009 000	−17 534 000
Financial Income	11 000	9 000	4 000	76 000
Financial Costs	1 202 000	622 000	1 220 000	1 444 000
Financial Balance	−1 191 000	−613 000	−1 216 000	−1 368 000
Dividends	0	0	0	0
Net Income	−5 041 000	−13 022 000	−6 867 000	−14 776 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 398 000	2 920 000	7 106 000	9 648 000
Total Intangible Assets	1 613 000	3 186 000	7 196 000	9 765 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 494 000	4 525 000	4 037 000	4 078 000
Total Tangible Assets	6 494 000	4 525 000	4 037 000	4 078 000
Total Fiancial Fixed Assets	241 000	0	17 000	0
Total Fixed Assets	8 347 000	7 711 000	11 249 000	13 843 000
Stock	1 065 000	686 000	914 000	774 000
Total Investments	0	0	0	0
Cash, Bank	5 464 000	9 897 000	7 461 000	7 087 000
Total Current Assets	65 793 000	73 310 000	57 116 000	64 264 000
Total Assets	74 140 000	81 021 000	68 366 000	78 107 000
Total Equity	351 000	323 000	475 000	2 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 725 000	18 465 000	13 961 000	15 255 000
Creditors	15 533 000	21 023 000	16 683 000	16 789 000
Unpaid Taxes	15 485 000	14 086 000	19 093 000	17 713 000
Dividends	0	0	0	0
Other Current Debt	24 594 000	26 486 000	14 422 000	15 144 000
Total Current Debt	60 064 000	62 233 000	53 929 000	60 190 000
Total Equity and Debt	74 140 000	81 021 000	68 366 000	78 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 436,18 %	−4 031,58 %	−1 445,68 %	−555,07 %
Debt-to-Equity Ratio	39,1	57,17	29,39	5,73
Operating Profit Margin	−1,16 %	−4,9 %	−2,3 %	−6,55 %
Current Ratio	1,1	1,18	1,06	1,07
Quick Ratio	1,12	1,19	1,08	1,08
Equity Ratio	0	0	0,01	0,03
Gross Profit Margin	61,16 %	60,22 %	60,55 %	58,13 %