RENOVAR AS

0975 OSLO

Finances

Share Ownership

Return on Equity

76,61 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 984 000	44 235 000	34 604 000	40 781 000
Net Income	5 099 000	955 000	398 000	1 493 000
Total Assets	19 268 000	14 091 000	11 856 000	13 964 000
Total Equity	6 656 000	4 157 000	4 903 000	5 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 984 000	44 235 000	34 604 000	40 781 000
Expenditure	64 807 000	42 877 000	33 981 000	38 747 000
Operating Profit	7 176 000	1 359 000	589 000	2 035 000
Financial Income	50 000	−2 000	14 000	10 000
Financial Costs	68 000	15 000	27 000	27 000
Financial Balance	−18 000	−17 000	−13 000	−17 000
Earnings Before Tax	7 158 000	1 341 000	576 000	2 018 000
Tax	2 060 000	386 000	178 000	525 000
Net Income	5 099 000	955 000	398 000	1 493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	334 000	813 000	1 260 000	1 184 000
Total Current Assets	18 934 000	13 277 000	10 596 000	12 780 000
Total Assets	19 268 000	14 091 000	11 856 000	13 964 000
Total Retained Equity	6 546 000	4 047 000	4 793 000	5 395 000
Total Equity	6 656 000	4 157 000	4 903 000	5 505 000
Total Long-Term Debt	91 000	79 000	215 000	630 000
Total Current Debt	12 521 000	9 854 000	6 738 000	7 829 000
Total Equity and Debt	19 268 000	14 091 000	11 856 000	13 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 984 000	44 626 000	34 573 000	40 781 000
Other Income	0	−391 000	30 000	0
Revenue	71 984 000	44 235 000	34 604 000	40 781 000
Cost of Goods Sold	35 768 000	19 673 000	15 945 000	20 006 000
Salary Costs	23 312 000	17 487 000	15 067 000	15 969 000
Depreciation	153 000	211 000	222 000	207 000
Impairment	0	0	0	0
Expenditure	64 807 000	42 877 000	33 981 000	38 747 000
Operating Profit	7 176 000	1 359 000	589 000	2 035 000
Financial Income	50 000	−2 000	14 000	10 000
Financial Costs	68 000	15 000	27 000	27 000
Financial Balance	−18 000	−17 000	−13 000	−17 000
Dividends	2 600 000	1 700 000	1 000 000	2 000 000
Net Income	5 099 000	955 000	398 000	1 493 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	46 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	319 000	449 000	660 000	863 000
Total Tangible Assets	319 000	449 000	660 000	863 000
Total Fiancial Fixed Assets	16 000	364 000	554 000	321 000
Total Fixed Assets	334 000	813 000	1 260 000	1 184 000
Stock	0	22 000	48 000	82 000
Total Investments	0	0	0	0
Cash, Bank	11 060 000	4 115 000	4 485 000	1 828 000
Total Current Assets	18 934 000	13 277 000	10 596 000	12 780 000
Total Assets	19 268 000	14 091 000	11 856 000	13 964 000
Total Equity	6 656 000	4 157 000	4 903 000	5 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	79 000	215 000	630 000
Creditors	4 163 000	2 730 000	2 208 000	2 378 000
Unpaid Taxes	4 145 000	3 990 000	1 282 000	1 823 000
Dividends	2 600 000	1 700 000	1 000 000	2 000 000
Other Current Debt	2 245 000	2 795 000	2 774 000	2 740 000
Total Current Debt	12 521 000	9 854 000	6 738 000	7 829 000
Total Equity and Debt	19 268 000	14 091 000	11 856 000	13 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,61 %	22,97 %	8,12 %	27,12 %
Debt-to-Equity Ratio	0,01	0,02	0,04	0,11
Operating Profit Margin	9,97 %	3,07 %	1,7 %	4,99 %
Current Ratio	1,51	1,35	1,57	1,63
Quick Ratio	1,51	1,35	1,58	1,65
Equity Ratio	0,35	0,3	0,41	0,39
Gross Profit Margin	50,31 %	55,53 %	53,92 %	50,94 %