REIDAR SUND AS

4270 ÅKREHAMN

Finances

Return on Equity

6,5 %

Current Ratio

16,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	950 000	770 000	5 234 000	7 269 000
Net Income	504 000	−320 000	866 000	1 172 000
Total Assets	8 261 000	7 821 000	8 868 000	8 984 000
Total Equity	7 758 000	7 454 000	7 773 000	6 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	950 000	770 000	5 234 000	7 269 000
Expenditure	389 000	1 224 000	4 175 000	5 789 000
Operating Profit	560 000	−455 000	1 059 000	1 481 000
Financial Income	86 000	45 000	53 000	28 000
Financial Costs	0	0	0	0
Financial Balance	86 000	45 000	53 000	28 000
Earnings Before Tax	647 000	−410 000	1 112 000	1 509 000
Tax	142 000	−90 000	245 000	337 000
Net Income	504 000	−320 000	866 000	1 172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	103 000	13 000	114 000
Total Current Assets	8 257 000	7 718 000	8 855 000	8 870 000
Total Assets	8 261 000	7 821 000	8 868 000	8 984 000
Total Retained Equity	7 358 000	7 054 000	7 373 000	6 507 000
Total Equity	7 758 000	7 454 000	7 773 000	6 907 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	503 000	367 000	1 094 000	2 077 000
Total Equity and Debt	8 261 000	7 821 000	8 868 000	8 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	950 000	770 000	5 234 000	7 269 000
Other Income	0	0	0	0
Revenue	950 000	770 000	5 234 000	7 269 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	413 000	2 955 000	4 476 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	389 000	1 224 000	4 175 000	5 789 000
Operating Profit	560 000	−455 000	1 059 000	1 481 000
Financial Income	86 000	45 000	53 000	28 000
Financial Costs	0	0	0	0
Financial Balance	86 000	45 000	53 000	28 000
Dividends	200 000	0	0	475 000
Net Income	504 000	−320 000	866 000	1 172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	103 000	13 000	14 000
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	100 000
Total Fixed Assets	4 000	103 000	13 000	114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 392 000	7 326 000	8 154 000	6 997 000
Total Current Assets	8 257 000	7 718 000	8 855 000	8 870 000
Total Assets	8 261 000	7 821 000	8 868 000	8 984 000
Total Equity	7 758 000	7 454 000	7 773 000	6 907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	47 000	17 000	84 000	113 000
Unpaid Taxes	96 000	14 000	117 000	717 000
Dividends	200 000	0	0	475 000
Other Current Debt	116 000	336 000	650 000	434 000
Total Current Debt	503 000	367 000	1 094 000	2 077 000
Total Equity and Debt	8 261 000	7 821 000	8 868 000	8 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,5 %	−4,29 %	11,14 %	16,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	58,95 %	−59,09 %	20,23 %	20,37 %
Current Ratio	16,42	21,03	8,09	4,27
Quick Ratio	16,42	21,03	8,09	4,27
Equity Ratio	0,94	0,95	0,88	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %