RONNY SOLBAKKEN AS

4272 SANDVE

Finances

Share Ownership

Return on Equity

29,07 %

Current Ratio

2,79

Debt-to-Equity Ratio

3,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 452 000	1 666 000	1 041 000	624 000
Net Income	193 000	364 000	162 000	108 000
Total Assets	3 073 000	2 966 000	2 863 000	298 000
Total Equity	664 000	566 000	227 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 452 000	1 666 000	1 041 000	624 000
Expenditure	1 080 000	1 104 000	764 000	500 000
Operating Profit	372 000	562 000	278 000	124 000
Financial Income	0	0	0	0
Financial Costs	125 000	95 000	70 000	2 000
Financial Balance	−125 000	−95 000	−70 000	−2 000
Earnings Before Tax	247 000	466 000	208 000	123 000
Tax	54 000	103 000	46 000	15 000
Net Income	193 000	364 000	162 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 604 000	2 418 000	2 181 000	0
Total Current Assets	469 000	548 000	681 000	298 000
Total Assets	3 073 000	2 966 000	2 863 000	298 000
Total Retained Equity	634 000	536 000	197 000	117 000
Total Equity	664 000	566 000	227 000	147 000
Total Long-Term Debt	2 241 000	2 181 000	2 289 000	0
Total Current Debt	168 000	219 000	347 000	151 000
Total Equity and Debt	3 073 000	2 966 000	2 863 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 452 000	1 666 000	1 034 000	624 000
Other Income	0	0	7 000	0
Revenue	1 452 000	1 666 000	1 041 000	624 000
Cost of Goods Sold	6 000	10 000	2 000	0
Salary Costs	290 000	372 000	354 000	422 000
Depreciation	88 000	80 000	35 000	0
Impairment	0	0	0	0
Expenditure	1 080 000	1 104 000	764 000	500 000
Operating Profit	372 000	562 000	278 000	124 000
Financial Income	0	0	0	0
Financial Costs	125 000	95 000	70 000	2 000
Financial Balance	−125 000	−95 000	−70 000	−2 000
Dividends	95 000	25 000	82 000	0
Net Income	193 000	364 000	162 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 460 000	2 219 000	1 927 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	143 000	199 000	254 000	0
Total Tangible Assets	2 604 000	2 418 000	2 181 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 604 000	2 418 000	2 181 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	411 000	461 000	512 000	136 000
Total Current Assets	469 000	548 000	681 000	298 000
Total Assets	3 073 000	2 966 000	2 863 000	298 000
Total Equity	664 000	566 000	227 000	147 000
Short-Term Group Debt	0	0	0	47 000
Total Long-Term Debt	2 241 000	2 181 000	2 289 000	0
Creditors	57 000	57 000	160 000	3 000
Unpaid Taxes	27 000	13 000	10 000	43 000
Dividends	95 000	25 000	82 000	0
Other Current Debt	33 000	52 000	66 000	43 000
Total Current Debt	168 000	219 000	347 000	151 000
Total Equity and Debt	3 073 000	2 966 000	2 863 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,07 %	64,31 %	71,37 %	73,47 %
Debt-to-Equity Ratio	3,38	3,85	10,08	0
Operating Profit Margin	25,62 %	33,73 %	26,71 %	19,87 %
Current Ratio	2,79	2,5	1,96	1,97
Quick Ratio	2,79	2,5	1,96	1,97
Equity Ratio	0,22	0,19	0,08	0,49
Gross Profit Margin	99,59 %	99,4 %	99,81 %	100 %