RENNEBU HYTTESERVICE AS

7392 RENNEBU

Finances

Return on Equity

21,91 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 340 000	6 963 000	5 206 000	5 200 000
Net Income	241 000	571 000	279 000	−122 000
Total Assets	2 445 000	2 112 000	1 345 000	1 016 000
Total Equity	1 100 000	859 000	538 000	384 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 340 000	6 963 000	5 206 000	5 200 000
Expenditure	6 032 000	6 233 000	4 848 000	5 359 000
Operating Profit	308 000	729 000	358 000	−159 000
Financial Income	7 000	7 000	8 000	8 000
Financial Costs	4 000	4 000	8 000	5 000
Financial Balance	3 000	3 000	0	3 000
Earnings Before Tax	311 000	732 000	358 000	−156 000
Tax	70 000	161 000	79 000	−34 000
Net Income	241 000	571 000	279 000	−122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	97 000	77 000	165 000
Total Current Assets	2 377 000	2 015 000	1 269 000	852 000
Total Assets	2 445 000	2 112 000	1 345 000	1 016 000
Total Retained Equity	881 000	641 000	320 000	166 000
Total Equity	1 100 000	859 000	538 000	384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 345 000	1 253 000	807 000	632 000
Total Equity and Debt	2 445 000	2 112 000	1 345 000	1 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 340 000	6 963 000	5 206 000	5 200 000
Other Income	0	0	0	0
Revenue	6 340 000	6 963 000	5 206 000	5 200 000
Cost of Goods Sold	2 881 000	3 450 000	2 289 000	2 723 000
Salary Costs	2 589 000	2 310 000	2 138 000	2 247 000
Depreciation	30 000	32 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	6 032 000	6 233 000	4 848 000	5 359 000
Operating Profit	308 000	729 000	358 000	−159 000
Financial Income	7 000	7 000	8 000	8 000
Financial Costs	4 000	4 000	8 000	5 000
Financial Balance	3 000	3 000	0	3 000
Dividends	0	250 000	125 000	0
Net Income	241 000	571 000	279 000	−122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	7 000	6 000	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	74 000	56 000	84 000
Total Tangible Assets	45 000	74 000	56 000	84 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	69 000	97 000	77 000	165 000
Stock	123 000	174 000	113 000	52 000
Total Investments	0	0	0	0
Cash, Bank	1 613 000	1 100 000	298 000	546 000
Total Current Assets	2 377 000	2 015 000	1 269 000	852 000
Total Assets	2 445 000	2 112 000	1 345 000	1 016 000
Total Equity	1 100 000	859 000	538 000	384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	603 000	156 000	54 000	8 000
Unpaid Taxes	399 000	399 000	292 000	382 000
Dividends	0	250 000	125 000	0
Other Current Debt	271 000	285 000	317 000	242 000
Total Current Debt	1 345 000	1 253 000	807 000	632 000
Total Equity and Debt	2 445 000	2 112 000	1 345 000	1 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,91 %	66,47 %	51,86 %	−31,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,86 %	10,47 %	6,88 %	−3,06 %
Current Ratio	1,77	1,61	1,57	1,35
Quick Ratio	1,95	1,87	1,83	1,47
Equity Ratio	0,45	0,41	0,4	0,38
Gross Profit Margin	54,56 %	50,45 %	56,03 %	47,63 %