RE INNOVASJON AS

8070 BODØ

Finances

Share Ownership

Return on Equity

7,01 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 608 000	1 353 000	1 126 000	630 000
Net Income	−34 000	−200 000	102 000	−464 000
Total Assets	405 000	240 000	387 000	249 000
Total Equity	−485 000	−451 000	−251 000	−352 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 608 000	1 353 000	1 126 000	630 000
Expenditure	1 616 000	1 531 000	999 000	1 069 000
Operating Profit	−7 000	−177 000	128 000	−439 000
Financial Income	0	0	0	0
Financial Costs	26 000	23 000	27 000	26 000
Financial Balance	−26 000	−23 000	−27 000	−26 000
Earnings Before Tax	−34 000	−200 000	102 000	−464 000
Tax	0	0	0	0
Net Income	−34 000	−200 000	102 000	−464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	39 000	112 000	80 000
Total Current Assets	387 000	201 000	275 000	168 000
Total Assets	405 000	240 000	387 000	249 000
Total Retained Equity	−531 000	−497 000	−297 000	−398 000
Total Equity	−485 000	−451 000	−251 000	−352 000
Total Long-Term Debt	364 000	422 000	422 000	447 000
Total Current Debt	525 000	269 000	216 000	154 000
Total Equity and Debt	405 000	240 000	387 000	249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 423 000	1 168 000	636 000	488 000
Other Income	185 000	184 000	490 000	142 000
Revenue	1 608 000	1 353 000	1 126 000	630 000
Cost of Goods Sold	145 000	262 000	89 000	149 000
Salary Costs	1 215 000	976 000	733 000	499 000
Depreciation	21 000	20 000	22 000	21 000
Impairment	0	0	0	0
Expenditure	1 616 000	1 531 000	999 000	1 069 000
Operating Profit	−7 000	−177 000	128 000	−439 000
Financial Income	0	0	0	0
Financial Costs	26 000	23 000	27 000	26 000
Financial Balance	−26 000	−23 000	−27 000	−26 000
Dividends	0	0	0	0
Net Income	−34 000	−200 000	102 000	−464 000

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	18 000	39 000	112 000	80 000
Total Tangible Assets	18 000	39 000	112 000	80 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	39 000	112 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	99 000	219 000	105 000
Total Current Assets	387 000	201 000	275 000	168 000
Total Assets	405 000	240 000	387 000	249 000
Total Equity	−485 000	−451 000	−251 000	−352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	364 000	422 000	422 000	447 000
Creditors	44 000	82 000	34 000	24 000
Unpaid Taxes	265 000	50 000	53 000	46 000
Dividends	0	0	0	0
Other Current Debt	216 000	136 000	130 000	84 000
Total Current Debt	525 000	269 000	216 000	154 000
Total Equity and Debt	405 000	240 000	387 000	249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,01 %	44,35 %	−40,64 %	131,82 %
Debt-to-Equity Ratio	−0,75	−0,94	−1,68	−1,27
Operating Profit Margin	−0,44 %	−13,08 %	11,37 %	−69,68 %
Current Ratio	0,74	0,75	1,27	1,09
Quick Ratio	0,74	0,75	1,27	1,09
Equity Ratio	−1,2	−1,88	−0,65	−1,41
Gross Profit Margin	90,98 %	80,64 %	92,1 %	76,35 %