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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

EMPLOYEES

Share

Rec Solar Norway AS

Closing information (x1000 NOK)

Closing information 2019/12 2018/12 2017/12
Turnover 384,118 More Arrow 700,197 More Arrow 1,078,445
Financial expenses 3,102 Less Arrow 1,185 Less Arrow 982
Earnings before taxes -671,647 More Arrow -451,713 More Arrow -153,950
Total assets 2,786,430 More Arrow 3,311,698 More Arrow 3,774,962
Current assets 357,670 More Arrow 616,375 More Arrow 873,108
Current liabilities 303,716 Less Arrow 155,723 More Arrow 197,471
Equity capital 2,479,744 More Arrow 3,152,643 More Arrow 3,574,265
- share capital 150,140 Equal arrow 150,140 Equal arrow 150,140
Employees (average) 330
Shareholders 0 0 0

Financial ratios

Fiscal year 2019/12 2018/12 2017/12
Solvency 89.0% More Arrow 95.2% Less Arrow 94.7%
Turnover per employee 3,268
Profit as a percentage of turnover -174.9% More Arrow -64.5% More Arrow -14.3%
Return on assets (ROA) -24.0% More Arrow -13.6% More Arrow -4.1%
Current ratio 117.8% More Arrow 395.8% More Arrow 442.1%
Return on equity (ROE) -27.1% More Arrow -14.3% More Arrow -4.3%
Change turnover -316,079 Less Arrow -378,248 More Arrow 327,754
Change turnover % -45% More Arrow -35% More Arrow 44%
Chg. No. of employees 22
Chg. No. of employees % 7%

Total value of public sale

Fiscal year 2019/12 2018/12 2017/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.