RENESSANSE SCANDINAVIA AS

3300 HOKKSUND

Finances

Return on Equity

−396 %

Current Ratio

0,57

Debt-to-Equity Ratio

−3,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	214 000	117 000	59 000	748 000
Net Income	99 000	8 000	−119 000	−134 000
Total Assets	385 000	245 000	239 000	529 000
Total Equity	−25 000	−124 000	−132 000	−13 000

Income (NOK)	2022	2021	2020	2019
Revenue	214 000	117 000	59 000	748 000
Expenditure	110 000	104 000	172 000	875 000
Operating Profit	104 000	13 000	−113 000	−127 000
Financial Income	0	1 000	0	0
Financial Costs	5 000	6 000	7 000	7 000
Financial Balance	−5 000	−5 000	−7 000	−7 000
Earnings Before Tax	99 000	8 000	−119 000	−134 000
Tax	0	0	0	0
Net Income	99 000	8 000	−119 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 000	149 000	197 000	259 000
Total Current Assets	184 000	95 000	42 000	271 000
Total Assets	385 000	245 000	239 000	529 000
Total Retained Equity	−125 000	−224 000	−232 000	−113 000
Total Equity	−25 000	−124 000	−132 000	−13 000
Total Long-Term Debt	86 000	126 000	166 000	204 000
Total Current Debt	324 000	243 000	205 000	338 000
Total Equity and Debt	385 000	245 000	239 000	529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	103 000	51 000	733 000
Other Income	135 000	14 000	7 000	15 000
Revenue	214 000	117 000	59 000	748 000
Cost of Goods Sold	0	12 000	18 000	168 000
Salary Costs	0	0	27 000	473 000
Depreciation	36 000	47 000	62 000	82 000
Impairment	0	0	0	0
Expenditure	110 000	104 000	172 000	875 000
Operating Profit	104 000	13 000	−113 000	−127 000
Financial Income	0	1 000	0	0
Financial Costs	5 000	6 000	7 000	7 000
Financial Balance	−5 000	−5 000	−7 000	−7 000
Dividends	0	0	0	0
Net Income	99 000	8 000	−119 000	−134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	149 000	197 000	259 000
Total Tangible Assets	0	149 000	197 000	259 000
Total Fiancial Fixed Assets	201 000	0	0	0
Total Fixed Assets	201 000	149 000	197 000	259 000
Stock	17 000	17 000	17 000	34 000
Total Investments	0	0	0	0
Cash, Bank	167 000	58 000	17 000	234 000
Total Current Assets	184 000	95 000	42 000	271 000
Total Assets	385 000	245 000	239 000	529 000
Total Equity	−25 000	−124 000	−132 000	−13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	86 000	126 000	166 000	204 000
Creditors	202 000	214 000	202 000	202 000
Unpaid Taxes	1 000	10 000	3 000	96 000
Dividends	0	0	0	0
Other Current Debt	121 000	20 000	0	40 000
Total Current Debt	324 000	243 000	205 000	338 000
Total Equity and Debt	385 000	245 000	239 000	529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−396 %	−6,45 %	90,15 %	1 030,77 %
Debt-to-Equity Ratio	−3,44	−1,02	−1,26	−15,69
Operating Profit Margin	48,6 %	11,11 %	−191,53 %	−16,98 %
Current Ratio	0,57	0,39	0,2	0,8
Quick Ratio	0,6	0,42	0,22	0,89
Equity Ratio	−0,06	−0,51	−0,55	−0,02
Gross Profit Margin	100 %	89,74 %	69,49 %	77,54 %