RIND HANDVERK AS

9901 KIRKENES

Finances

Share Ownership

Return on Equity

7,68 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 805 000	2 557 000	4 211 000	2 407 000
Net Income	53 000	−4 000	153 000	−481 000
Total Assets	1 474 000	1 078 000	1 448 000	1 031 000
Total Equity	690 000	637 000	640 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 805 000	2 557 000	4 211 000	2 407 000
Expenditure	2 747 000	2 555 000	4 059 000	2 894 000
Operating Profit	58 000	2 000	153 000	−486 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	6 000	1 000	2 000
Financial Balance	−5 000	−6 000	0	−1 000
Earnings Before Tax	53 000	−4 000	153 000	−488 000
Tax	0	0	0	−7 000
Net Income	53 000	−4 000	153 000	−481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	45 000	89 000
Total Current Assets	1 474 000	1 071 000	1 404 000	941 000
Total Assets	1 474 000	1 078 000	1 448 000	1 031 000
Total Retained Equity	590 000	536 000	540 000	387 000
Total Equity	690 000	637 000	640 000	488 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	784 000	442 000	808 000	543 000
Total Equity and Debt	1 474 000	1 078 000	1 448 000	1 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 805 000	2 557 000	4 202 000	2 407 000
Other Income	0	0	9 000	0
Revenue	2 805 000	2 557 000	4 211 000	2 407 000
Cost of Goods Sold	799 000	750 000	1 721 000	691 000
Salary Costs	1 739 000	1 551 000	2 053 000	1 803 000
Depreciation	7 000	38 000	48 000	52 000
Impairment	0	0	0	0
Expenditure	2 747 000	2 555 000	4 059 000	2 894 000
Operating Profit	58 000	2 000	153 000	−486 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	6 000	1 000	2 000
Financial Balance	−5 000	−6 000	0	−1 000
Dividends	0	0	0	0
Net Income	53 000	−4 000	153 000	−481 000

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	0	7 000	45 000	89 000
Total Tangible Assets	0	7 000	45 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 000	45 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	921 000	1 196 000	519 000
Total Current Assets	1 474 000	1 071 000	1 404 000	941 000
Total Assets	1 474 000	1 078 000	1 448 000	1 031 000
Total Equity	690 000	637 000	640 000	488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	172 000	80 000	191 000	65 000
Unpaid Taxes	129 000	63 000	262 000	158 000
Dividends	0	0	0	0
Other Current Debt	484 000	299 000	356 000	319 000
Total Current Debt	784 000	442 000	808 000	543 000
Total Equity and Debt	1 474 000	1 078 000	1 448 000	1 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,68 %	−0,63 %	23,91 %	−98,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,07 %	0,08 %	3,63 %	−20,19 %
Current Ratio	1,88	2,42	1,74	1,73
Quick Ratio	1,88	2,42	1,74	1,73
Equity Ratio	0,47	0,59	0,44	0,47
Gross Profit Margin	71,52 %	70,67 %	59,13 %	71,29 %