REITAN & STRØM AS

7250 MELANDSJØ

Finances

Share Ownership

Return on Equity

−24,5 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 778 000	3 149 000	5 998 000	4 422 000
Net Income	−258 000	354 000	859 000	390 000
Total Assets	1 538 000	1 734 000	1 992 000	1 013 000
Total Equity	1 053 000	1 311 000	1 397 000	539 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 778 000	3 149 000	5 998 000	4 422 000
Expenditure	4 107 000	2 683 000	4 900 000	4 005 000
Operating Profit	−330 000	466 000	1 098 000	417 000
Financial Income	1 000	1 000	4 000	1 000
Financial Costs	1 000	14 000	17 000	10 000
Financial Balance	0	−13 000	−13 000	−9 000
Earnings Before Tax	−331 000	453 000	1 086 000	408 000
Tax	−73 000	100 000	227 000	18 000
Net Income	−258 000	354 000	859 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	753 000	866 000	1 102 000	169 000
Total Current Assets	784 000	868 000	889 000	845 000
Total Assets	1 538 000	1 734 000	1 992 000	1 013 000
Total Retained Equity	943 000	1 201 000	1 287 000	429 000
Total Equity	1 053 000	1 311 000	1 397 000	539 000
Total Long-Term Debt	0	40 000	41 000	0
Total Current Debt	485 000	383 000	553 000	475 000
Total Equity and Debt	1 538 000	1 734 000	1 992 000	1 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 778 000	3 149 000	5 986 000	4 486 000
Other Income	0	0	12 000	−64 000
Revenue	3 778 000	3 149 000	5 998 000	4 422 000
Cost of Goods Sold	2 287 000	883 000	3 176 000	2 264 000
Salary Costs	1 151 000	1 114 000	1 181 000	1 287 000
Depreciation	257 000	236 000	106 000	57 000
Impairment	0	0	0	0
Expenditure	4 107 000	2 683 000	4 900 000	4 005 000
Operating Profit	−330 000	466 000	1 098 000	417 000
Financial Income	1 000	1 000	4 000	1 000
Financial Costs	1 000	14 000	17 000	10 000
Financial Balance	0	−13 000	−13 000	−9 000
Dividends	0	0	0	0
Net Income	−258 000	354 000	859 000	390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	89 000	6 000	13 000	19 000
Fixtures	631 000	860 000	1 090 000	149 000
Total Tangible Assets	720 000	866 000	1 102 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	753 000	866 000	1 102 000	169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	429 000	551 000	880 000	830 000
Total Current Assets	784 000	868 000	889 000	845 000
Total Assets	1 538 000	1 734 000	1 992 000	1 013 000
Total Equity	1 053 000	1 311 000	1 397 000	539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	40 000	41 000	0
Creditors	149 000	24 000	131 000	44 000
Unpaid Taxes	157 000	147 000	44 000	126 000
Dividends	0	0	0	0
Other Current Debt	180 000	111 000	193 000	286 000
Total Current Debt	485 000	383 000	553 000	475 000
Total Equity and Debt	1 538 000	1 734 000	1 992 000	1 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,5 %	27 %	61,49 %	72,36 %
Debt-to-Equity Ratio	0	0,03	0,03	0
Operating Profit Margin	−8,73 %	14,8 %	18,31 %	9,43 %
Current Ratio	1,62	2,27	1,61	1,78
Quick Ratio	1,62	2,27	1,61	1,78
Equity Ratio	0,68	0,76	0,7	0,53
Gross Profit Margin	39,47 %	71,96 %	47,05 %	48,8 %