REED & MACKAY NORGE AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

−2,26 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2021	2020	2019	2018
Revenue	547 000	1 724 000	11 279 000	12 759 000
Net Income	−23 000	−787 000	210 000	134 000
Total Assets	3 571 000	9 687 000	13 399 000	12 557 000
Total Equity	1 017 000	1 040 000	1 827 000	1 617 000

Income (NOK)	2021	2020	2019	2018
Revenue	547 000	1 724 000	11 279 000	12 759 000
Expenditure	589 000	2 468 000	11 036 000	12 597 000
Operating Profit	−42 000	−744 000	243 000	163 000
Financial Income	19 000	7 000	26 000	14 000
Financial Costs	0	37 000	0	2 000
Financial Balance	19 000	−30 000	26 000	12 000
Earnings Before Tax	−23 000	−775 000	269 000	175 000
Tax	0	12 000	59 000	41 000
Net Income	−23 000	−787 000	210 000	134 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	5 000
Total Current Assets	3 571 000	9 687 000	13 399 000	12 552 000
Total Assets	3 571 000	9 687 000	13 399 000	12 557 000
Total Retained Equity	987 000	1 010 000	1 797 000	1 587 000
Total Equity	1 017 000	1 040 000	1 827 000	1 617 000
Total Long-Term Debt	157 000	150 000	593 000	608 000
Total Current Debt	2 398 000	8 497 000	10 979 000	10 332 000
Total Equity and Debt	3 571 000	9 687 000	13 399 000	12 557 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	412 000	1 543 000	11 247 000	12 658 000
Other Income	135 000	181 000	32 000	102 000
Revenue	547 000	1 724 000	11 279 000	12 759 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	589 000	2 468 000	11 036 000	12 597 000
Operating Profit	−42 000	−744 000	243 000	163 000
Financial Income	19 000	7 000	26 000	14 000
Financial Costs	0	37 000	0	2 000
Financial Balance	19 000	−30 000	26 000	12 000
Dividends	0	0	0	0
Net Income	−23 000	−787 000	210 000	134 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 321 000	4 574 000	6 299 000	6 452 000
Total Current Assets	3 571 000	9 687 000	13 399 000	12 552 000
Total Assets	3 571 000	9 687 000	13 399 000	12 557 000
Total Equity	1 017 000	1 040 000	1 827 000	1 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 000	150 000	593 000	608 000
Creditors	0	4 295 000	132 000	657 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 398 000	4 189 000	10 793 000	9 634 000
Total Current Debt	2 398 000	8 497 000	10 979 000	10 332 000
Total Equity and Debt	3 571 000	9 687 000	13 399 000	12 557 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−2,26 %	−75,67 %	11,49 %	8,29 %
Debt-to-Equity Ratio	0,15	0,14	0,32	0,38
Operating Profit Margin	−7,68 %	−43,16 %	2,15 %	1,28 %
Current Ratio	1,49	1,14	1,22	1,21
Quick Ratio	1,49	1,14	1,22	1,21
Equity Ratio	0,28	0,11	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %