RUTH & RAGNA AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

213,33 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 098 000	772 000	717 000	800 000
Net Income	64 000	71 000	−29 000	−16 000
Total Assets	245 000	205 000	161 000	115 000
Total Equity	30 000	36 000	15 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 098 000	772 000	717 000	800 000
Expenditure	1 004 000	679 000	751 000	813 000
Operating Profit	95 000	93 000	−35 000	−13 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	91 000	93 000	−35 000	−13 000
Tax	27 000	22 000	−6 000	3 000
Net Income	64 000	71 000	−29 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	11 000	5 000
Total Current Assets	245 000	205 000	150 000	110 000
Total Assets	245 000	205 000	161 000	115 000
Total Retained Equity	−113 000	−107 000	−129 000	−99 000
Total Equity	30 000	36 000	15 000	44 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	215 000	169 000	146 000	71 000
Total Equity and Debt	245 000	205 000	161 000	115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 132 000	760 000	717 000	799 000
Other Income	−33 000	12 000	0	1 000
Revenue	1 098 000	772 000	717 000	800 000
Cost of Goods Sold	235 000	322 000	458 000	134 000
Salary Costs	355 000	198 000	141 000	452 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	1 004 000	679 000	751 000	813 000
Operating Profit	95 000	93 000	−35 000	−13 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	70 000	50 000	0	0
Net Income	64 000	71 000	−29 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	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	11 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	143 000	60 000	76 000
Total Current Assets	245 000	205 000	150 000	110 000
Total Assets	245 000	205 000	161 000	115 000
Total Equity	30 000	36 000	15 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	9 000	99 000	12 000
Unpaid Taxes	42 000	69 000	24 000	10 000
Dividends	70 000	50 000	0	0
Other Current Debt	43 000	29 000	23 000	49 000
Total Current Debt	215 000	169 000	146 000	71 000
Total Equity and Debt	245 000	205 000	161 000	115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,33 %	197,22 %	−193,33 %	−36,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,65 %	12,05 %	−4,88 %	−1,63 %
Current Ratio	1,14	1,21	1,03	1,55
Quick Ratio	1,14	1,21	1,03	1,55
Equity Ratio	0,12	0,18	0,09	0,38
Gross Profit Margin	78,6 %	58,29 %	36,12 %	83,25 %