RECORE NORWAY AS

1440 DRØBAK

Finances

Return on Equity

−50,78 %

Current Ratio

1,28

Debt-to-Equity Ratio

4,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 609 000	9 510 000	11 914 000	12 143 000
Net Income	−65 000	276 000	38 000	−684 000
Total Assets	1 925 000	1 494 000	2 609 000	2 478 000
Total Equity	128 000	294 000	18 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 609 000	9 510 000	11 914 000	12 143 000
Expenditure	7 629 000	10 674 000	11 902 000	12 176 000
Operating Profit	−20 000	−1 163 000	12 000	−34 000
Financial Income	57 000	1 225 000	82 000	42 000
Financial Costs	120 000	50 000	44 000	89 000
Financial Balance	−63 000	1 175 000	38 000	−47 000
Earnings Before Tax	−83 000	11 000	49 000	−80 000
Tax	−18 000	−265 000	11 000	604 000
Net Income	−65 000	276 000	38 000	−684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	369 000	149 000	152 000
Total Current Assets	1 537 000	1 125 000	2 459 000	2 326 000
Total Assets	1 925 000	1 494 000	2 609 000	2 478 000
Total Retained Equity	−53 000	99 000	−178 000	−216 000
Total Equity	128 000	294 000	18 000	−20 000
Total Long-Term Debt	600 000	600 000	600 000	620 000
Total Current Debt	1 197 000	600 000	1 991 000	1 879 000
Total Equity and Debt	1 925 000	1 494 000	2 609 000	2 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 609 000	9 510 000	11 914 000	12 143 000
Other Income	0	0	0	0
Revenue	7 609 000	9 510 000	11 914 000	12 143 000
Cost of Goods Sold	0	10 000	12 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	7 629 000	10 674 000	11 902 000	12 176 000
Operating Profit	−20 000	−1 163 000	12 000	−34 000
Financial Income	57 000	1 225 000	82 000	42 000
Financial Costs	120 000	50 000	44 000	89 000
Financial Balance	−63 000	1 175 000	38 000	−47 000
Dividends	0	0	0	0
Net Income	−65 000	276 000	38 000	−684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	367 000	348 000	83 000	86 000
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	21 000	21 000	66 000	66 000
Total Fixed Assets	387 000	369 000	149 000	152 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	366 000	507 000	180 000
Total Current Assets	1 537 000	1 125 000	2 459 000	2 326 000
Total Assets	1 925 000	1 494 000	2 609 000	2 478 000
Total Equity	128 000	294 000	18 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	600 000	600 000	620 000
Creditors	765 000	199 000	1 138 000	1 512 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	432 000	401 000	845 000	367 000
Total Current Debt	1 197 000	600 000	1 991 000	1 879 000
Total Equity and Debt	1 925 000	1 494 000	2 609 000	2 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,78 %	93,88 %	211,11 %	3 420 %
Debt-to-Equity Ratio	4,69	2,04	33,33	−31
Operating Profit Margin	−0,26 %	−12,23 %	0,1 %	−0,28 %
Current Ratio	1,28	1,88	1,24	1,24
Quick Ratio	1,28	1,88	1,24	1,24
Equity Ratio	0,07	0,2	0,01	−0,01
Gross Profit Margin	100 %	99,89 %	99,9 %	100 %