REDDY AS

7100 RISSA

Finances

Share Ownership

Return on Equity

−36,93 %

Current Ratio

3,19

Debt-to-Equity Ratio

−5,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 131 000	7 008 000	7 600 000	6 722 000
Net Income	130 000	−608 000	121 000	−521 000
Total Assets	2 050 000	1 828 000	2 010 000	1 960 000
Total Equity	−352 000	−753 000	−418 000	−539 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 131 000	7 008 000	7 600 000	6 722 000
Expenditure	5 975 000	7 605 000	7 423 000	7 180 000
Operating Profit	156 000	−597 000	177 000	−459 000
Financial Income	0	0	0	0
Financial Costs	26 000	11 000	56 000	63 000
Financial Balance	−26 000	−11 000	−56 000	−63 000
Earnings Before Tax	130 000	−608 000	121 000	−521 000
Tax	0	0	0	0
Net Income	130 000	−608 000	121 000	−521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	19 000	31 000	12 000
Total Current Assets	2 037 000	1 809 000	1 979 000	1 949 000
Total Assets	2 050 000	1 828 000	2 010 000	1 960 000
Total Retained Equity	−1 111 000	−1 240 000	−632 000	−754 000
Total Equity	−352 000	−753 000	−418 000	−539 000
Total Long-Term Debt	1 765 000	1 052 000	1 307 000	1 509 000
Total Current Debt	638 000	1 530 000	1 121 000	990 000
Total Equity and Debt	2 050 000	1 828 000	2 010 000	1 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 131 000	7 008 000	7 600 000	6 728 000
Other Income	0	1 000	0	−7 000
Revenue	6 131 000	7 008 000	7 600 000	6 722 000
Cost of Goods Sold	4 004 000	4 243 000	4 568 000	4 213 000
Salary Costs	1 301 000	2 343 000	2 056 000	1 904 000
Depreciation	6 000	11 000	9 000	16 000
Impairment	0	0	0	0
Expenditure	5 975 000	7 605 000	7 423 000	7 180 000
Operating Profit	156 000	−597 000	177 000	−459 000
Financial Income	0	0	0	0
Financial Costs	26 000	11 000	56 000	63 000
Financial Balance	−26 000	−11 000	−56 000	−63 000
Dividends	0	0	0	0
Net Income	130 000	−608 000	121 000	−521 000

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	13 000	19 000	31 000	12 000
Total Tangible Assets	13 000	19 000	31 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	19 000	31 000	12 000
Stock	1 809 000	1 557 000	1 538 000	1 517 000
Total Investments	0	0	0	0
Cash, Bank	192 000	207 000	358 000	298 000
Total Current Assets	2 037 000	1 809 000	1 979 000	1 949 000
Total Assets	2 050 000	1 828 000	2 010 000	1 960 000
Total Equity	−352 000	−753 000	−418 000	−539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 765 000	1 052 000	1 307 000	1 509 000
Creditors	304 000	831 000	412 000	492 000
Unpaid Taxes	161 000	306 000	449 000	297 000
Dividends	0	0	0	0
Other Current Debt	173 000	283 000	260 000	201 000
Total Current Debt	638 000	1 530 000	1 121 000	990 000
Total Equity and Debt	2 050 000	1 828 000	2 010 000	1 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,93 %	80,74 %	−28,95 %	96,66 %
Debt-to-Equity Ratio	−5,01	−1,4	−3,13	−2,8
Operating Profit Margin	2,54 %	−8,52 %	2,33 %	−6,83 %
Current Ratio	3,19	1,18	1,77	1,97
Quick Ratio	−1,74	−67	−4,75	−3,7
Equity Ratio	−0,17	−0,41	−0,21	−0,28
Gross Profit Margin	34,69 %	39,45 %	39,89 %	37,33 %