REELWELL AS

4050 SOLA

Finances

Share Ownership

Return on Equity

−292,58 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 728 000	22 121 000	11 755 000	22 307 000
Net Income	−27 108 000	−13 131 000	−25 294 000	−10 322 000
Total Assets	56 622 000	43 341 000	29 441 000	57 082 000
Total Equity	9 265 000	6 550 000	18 017 000	43 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 728 000	22 121 000	11 755 000	22 307 000
Expenditure	71 800 000	35 560 000	37 005 000	32 425 000
Operating Profit	−28 072 000	−13 439 000	−25 249 000	−10 118 000
Financial Income	1 524 000	2 359 000	507 000	439 000
Financial Costs	560 000	2 051 000	552 000	645 000
Financial Balance	964 000	308 000	−45 000	−206 000
Earnings Before Tax	−27 108 000	−13 131 000	−25 294 000	−10 322 000
Tax	0	0	0	0
Net Income	−27 108 000	−13 131 000	−25 294 000	−10 322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 554 000	3 669 000	4 615 000	5 889 000
Total Current Assets	53 067 000	39 671 000	24 826 000	51 193 000
Total Assets	56 622 000	43 341 000	29 441 000	57 082 000
Total Retained Equity	0	−13 131 000	−25 294 000	42 626 000
Total Equity	9 265 000	6 550 000	18 017 000	43 060 000
Total Long-Term Debt	0	1 883 000	5 640 000	5 656 000
Total Current Debt	47 357 000	34 908 000	5 784 000	8 367 000
Total Equity and Debt	56 622 000	43 341 000	29 441 000	57 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 728 000	21 946 000	11 755 000	22 307 000
Other Income	0	175 000	0	0
Revenue	43 728 000	22 121 000	11 755 000	22 307 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 601 000	13 338 000	10 242 000	8 112 000
Depreciation	978 000	1 058 000	1 851 000	1 284 000
Impairment	0	0	0	0
Expenditure	71 800 000	35 560 000	37 005 000	32 425 000
Operating Profit	−28 072 000	−13 439 000	−25 249 000	−10 118 000
Financial Income	1 524 000	2 359 000	507 000	439 000
Financial Costs	560 000	2 051 000	552 000	645 000
Financial Balance	964 000	308 000	−45 000	−206 000
Dividends	0	0	0	0
Net Income	−27 108 000	−13 131 000	−25 294 000	−10 322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	819 000	696 000	665 000	665 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 512 000	1 750 000	2 726 000	1 663 000
Fixtures	0	0	0	2 337 000
Total Tangible Assets	1 512 000	1 750 000	2 726 000	4 000 000
Total Fiancial Fixed Assets	1 224 000	1 224 000	1 224 000	1 224 000
Total Fixed Assets	3 554 000	3 669 000	4 615 000	5 889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 911 000	21 871 000	18 339 000	37 876 000
Total Current Assets	53 067 000	39 671 000	24 826 000	51 193 000
Total Assets	56 622 000	43 341 000	29 441 000	57 082 000
Total Equity	9 265 000	6 550 000	18 017 000	43 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 883 000	5 640 000	5 656 000
Creditors	5 347 000	2 922 000	1 913 000	4 979 000
Unpaid Taxes	6 559 000	3 875 000	865 000	953 000
Dividends	0	0	0	0
Other Current Debt	35 451 000	28 111 000	3 006 000	2 435 000
Total Current Debt	47 357 000	34 908 000	5 784 000	8 367 000
Total Equity and Debt	56 622 000	43 341 000	29 441 000	57 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−292,58 %	−200,47 %	−140,39 %	−23,97 %
Debt-to-Equity Ratio	0	0,29	0,31	0,13
Operating Profit Margin	−64,2 %	−60,75 %	−214,79 %	−45,36 %
Current Ratio	1,12	1,14	4,29	6,12
Quick Ratio	1,12	1,14	4,29	6,12
Equity Ratio	0,16	0,15	0,61	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %