ROAD EXPRESS AS

8412 VESTBYGD

Finances

Share Ownership

Return on Equity

9,08 %

Current Ratio

30,88

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	976 000	3 519 000	2 035 000	3 167 000
Net Income	104 000	1 416 000	43 000	−267 000
Total Assets	1 328 000	1 245 000	1 094 000	1 206 000
Total Equity	1 145 000	1 041 000	−375 000	−418 000

Income (NOK)	2022	2021	2020	2019
Revenue	976 000	3 519 000	2 035 000	3 167 000
Expenditure	845 000	1 703 000	1 977 000	3 501 000
Operating Profit	131 000	1 816 000	59 000	−334 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	4 000	5 000
Financial Balance	2 000	0	−3 000	−3 000
Earnings Before Tax	133 000	1 816 000	55 000	−336 000
Tax	29 000	400 000	12 000	−69 000
Net Income	104 000	1 416 000	43 000	−267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	378 000	355 000
Total Current Assets	1 328 000	1 244 000	716 000	852 000
Total Assets	1 328 000	1 245 000	1 094 000	1 206 000
Total Retained Equity	1 115 000	1 011 000	−405 000	−448 000
Total Equity	1 145 000	1 041 000	−375 000	−418 000
Total Long-Term Debt	139 000	110 000	1 413 000	1 413 000
Total Current Debt	43 000	94 000	56 000	212 000
Total Equity and Debt	1 328 000	1 245 000	1 094 000	1 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	764 000	2 115 000	2 014 000	3 167 000
Other Income	213 000	1 404 000	21 000	0
Revenue	976 000	3 519 000	2 035 000	3 167 000
Cost of Goods Sold	0	1 502 000	1 167 000	292 000
Salary Costs	17 000	8 000	289 000	645 000
Depreciation	1 000	27 000	27 000	21 000
Impairment	0	0	0	0
Expenditure	845 000	1 703 000	1 977 000	3 501 000
Operating Profit	131 000	1 816 000	59 000	−334 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	4 000	5 000
Financial Balance	2 000	0	−3 000	−3 000
Dividends	0	0	0	0
Net Income	104 000	1 416 000	43 000	−267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	290 000	302 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 000	88 000	53 000
Total Tangible Assets	0	1 000	88 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	378 000	355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 281 000	1 003 000	545 000	464 000
Total Current Assets	1 328 000	1 244 000	716 000	852 000
Total Assets	1 328 000	1 245 000	1 094 000	1 206 000
Total Equity	1 145 000	1 041 000	−375 000	−418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 000	110 000	1 413 000	1 413 000
Creditors	14 000	34 000	−14 000	82 000
Unpaid Taxes	2 000	30 000	43 000	57 000
Dividends	0	0	0	0
Other Current Debt	28 000	29 000	27 000	72 000
Total Current Debt	43 000	94 000	56 000	212 000
Total Equity and Debt	1 328 000	1 245 000	1 094 000	1 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,08 %	136,02 %	−11,47 %	63,88 %
Debt-to-Equity Ratio	0,12	0,11	−3,77	−3,38
Operating Profit Margin	13,42 %	51,61 %	2,9 %	−10,55 %
Current Ratio	30,88	13,23	12,79	4,02
Quick Ratio	30,88	13,23	12,79	4,02
Equity Ratio	0,86	0,84	−0,34	−0,35
Gross Profit Margin	100 %	57,32 %	42,65 %	90,78 %