RUSTE BILLAG AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

−18,91 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 461 000	12 836 000	11 348 000	10 328 000
Net Income	−1 011 000	−387 000	569 000	688 000
Total Assets	9 968 000	12 071 000	12 665 000	11 409 000
Total Equity	5 347 000	6 357 000	6 744 000	6 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 461 000	12 836 000	11 348 000	10 328 000
Expenditure	15 658 000	13 244 000	10 507 000	9 356 000
Operating Profit	−1 196 000	−408 000	841 000	973 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	100 000	88 000	113 000	89 000
Financial Balance	−99 000	−88 000	−112 000	−88 000
Earnings Before Tax	−1 296 000	−496 000	729 000	885 000
Tax	−285 000	−109 000	160 000	197 000
Net Income	−1 011 000	−387 000	569 000	688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 115 000	7 149 000	7 729 000	8 140 000
Total Current Assets	3 852 000	4 922 000	4 936 000	3 269 000
Total Assets	9 968 000	12 071 000	12 665 000	11 409 000
Total Retained Equity	5 267 000	6 277 000	6 664 000	6 096 000
Total Equity	5 347 000	6 357 000	6 744 000	6 176 000
Total Long-Term Debt	2 550 000	3 632 000	4 064 000	4 229 000
Total Current Debt	2 071 000	2 081 000	1 856 000	1 004 000
Total Equity and Debt	9 968 000	12 071 000	12 665 000	11 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 411 000	12 553 000	11 048 000	10 225 000
Other Income	50 000	283 000	300 000	103 000
Revenue	14 461 000	12 836 000	11 348 000	10 328 000
Cost of Goods Sold	13 000	28 000	65 000	88 000
Salary Costs	5 447 000	4 835 000	3 970 000	3 273 000
Depreciation	1 583 000	1 510 000	1 421 000	1 167 000
Impairment	0	0	0	0
Expenditure	15 658 000	13 244 000	10 507 000	9 356 000
Operating Profit	−1 196 000	−408 000	841 000	973 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	100 000	88 000	113 000	89 000
Financial Balance	−99 000	−88 000	−112 000	−88 000
Dividends	0	0	0	0
Net Income	−1 011 000	−387 000	569 000	688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	11 000
Fixtures	6 070 000	7 116 000	7 696 000	8 121 000
Total Tangible Assets	6 070 000	7 116 000	7 696 000	8 132 000
Total Fiancial Fixed Assets	45 000	33 000	32 000	8 000
Total Fixed Assets	6 115 000	7 149 000	7 729 000	8 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 233 000	2 867 000	3 438 000	1 336 000
Total Current Assets	3 852 000	4 922 000	4 936 000	3 269 000
Total Assets	9 968 000	12 071 000	12 665 000	11 409 000
Total Equity	5 347 000	6 357 000	6 744 000	6 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 550 000	3 632 000	4 064 000	4 229 000
Creditors	553 000	725 000	520 000	229 000
Unpaid Taxes	464 000	404 000	393 000	296 000
Dividends	0	0	0	0
Other Current Debt	1 053 000	953 000	838 000	396 000
Total Current Debt	2 071 000	2 081 000	1 856 000	1 004 000
Total Equity and Debt	9 968 000	12 071 000	12 665 000	11 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,91 %	−6,09 %	8,44 %	11,14 %
Debt-to-Equity Ratio	0,48	0,57	0,6	0,68
Operating Profit Margin	−8,27 %	−3,18 %	7,41 %	9,42 %
Current Ratio	1,86	2,37	2,66	3,26
Quick Ratio	1,86	2,37	2,66	3,26
Equity Ratio	0,54	0,53	0,53	0,54
Gross Profit Margin	99,91 %	99,78 %	99,43 %	99,15 %