RED ROCK SOLUTIONS AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

56,15 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 386 000	3 402 000	3 011 000	7 545 000
Net Income	1 434 000	−7 940 000	−1 670 000	114 000
Total Assets	4 669 000	695 000	7 756 000	7 407 000
Total Equity	2 554 000	−7 552 000	388 000	1 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 386 000	3 402 000	3 011 000	7 545 000
Expenditure	4 301 000	9 718 000	5 130 000	8 196 000
Operating Profit	1 086 000	−6 317 000	−2 118 000	−651 000
Financial Income	46 000	1 000	9 000	685 000
Financial Costs	346 000	299 000	183 000	96 000
Financial Balance	−300 000	−298 000	−174 000	589 000
Earnings Before Tax	786 000	−6 615 000	−2 292 000	−62 000
Tax	−648 000	1 325 000	−622 000	−176 000
Net Income	1 434 000	−7 940 000	−1 670 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	127 000	5 111 000	2 241 000
Total Current Assets	4 022 000	568 000	2 645 000	5 166 000
Total Assets	4 669 000	695 000	7 756 000	7 407 000
Total Retained Equity	0	−7 940 000	0	1 516 000
Total Equity	2 554 000	−7 552 000	388 000	1 626 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 115 000	8 246 000	7 368 000	5 781 000
Total Equity and Debt	4 669 000	695 000	7 756 000	7 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 386 000	3 402 000	3 011 000	7 545 000
Other Income	0	0	0	0
Revenue	5 386 000	3 402 000	3 011 000	7 545 000
Cost of Goods Sold	2 051 000	3 006 000	1 570 000	2 884 000
Salary Costs	982 000	2 362 000	1 676 000	3 366 000
Depreciation	0	33 000	534 000	534 000
Impairment	0	3 627 000	0	0
Expenditure	4 301 000	9 718 000	5 130 000	8 196 000
Operating Profit	1 086 000	−6 317 000	−2 118 000	−651 000
Financial Income	46 000	1 000	9 000	685 000
Financial Costs	346 000	299 000	183 000	96 000
Financial Balance	−300 000	−298 000	−174 000	589 000
Dividends	0	0	0	0
Net Income	1 434 000	−7 940 000	−1 670 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	648 000	0	4 952 000	1 918 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	33 000	81 000
Total Tangible Assets	0	0	33 000	81 000
Total Fiancial Fixed Assets	0	127 000	127 000	242 000
Total Fixed Assets	648 000	127 000	5 111 000	2 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	524 000	79 000	107 000	155 000
Total Current Assets	4 022 000	568 000	2 645 000	5 166 000
Total Assets	4 669 000	695 000	7 756 000	7 407 000
Total Equity	2 554 000	−7 552 000	388 000	1 626 000
Short-Term Group Debt	175 000	7 548 000	6 788 000	4 715 000
Total Long-Term Debt	0	0	0	0
Creditors	495 000	29 000	125 000	271 000
Unpaid Taxes	942 000	165 000	178 000	502 000
Dividends	0	0	0	0
Other Current Debt	503 000	503 000	277 000	293 000
Total Current Debt	2 115 000	8 246 000	7 368 000	5 781 000
Total Equity and Debt	4 669 000	695 000	7 756 000	7 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,15 %	105,14 %	−430,41 %	7,01 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	20,16 %	−185,68 %	−70,34 %	−8,63 %
Current Ratio	1,9	0,07	0,36	0,89
Quick Ratio	1,9	0,07	0,36	0,89
Equity Ratio	0,55	−10,87	0,05	0,22
Gross Profit Margin	61,92 %	11,64 %	47,86 %	61,78 %