RT DEVELOPMENT AS

3919 PORSGRUNN

Finances

Return on Equity

38,36 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	405 000	185 000	65 000	67 000
Net Income	140 000	120 000	−32 000	32 000
Total Assets	1 602 000	1 512 000	1 324 000	1 284 000
Total Equity	365 000	225 000	104 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	405 000	185 000	65 000	67 000
Expenditure	182 000	94 000	69 000	26 000
Operating Profit	223 000	91 000	−4 000	42 000
Financial Income	115 000	82 000	10 000	0
Financial Costs	148 000	33 000	38 000	0
Financial Balance	−33 000	49 000	−28 000	0
Earnings Before Tax	189 000	139 000	−32 000	42 000
Tax	49 000	19 000	0	9 000
Net Income	140 000	120 000	−32 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	760 000	722 000	677 000	1 069 000
Total Current Assets	843 000	790 000	647 000	215 000
Total Assets	1 602 000	1 512 000	1 324 000	1 284 000
Total Retained Equity	290 000	150 000	29 000	61 000
Total Equity	365 000	225 000	104 000	136 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 238 000	1 288 000	1 220 000	1 148 000
Total Equity and Debt	1 602 000	1 512 000	1 324 000	1 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	405 000	185 000	65 000	67 000
Other Income	0	0	0	0
Revenue	405 000	185 000	65 000	67 000
Cost of Goods Sold	109 000	0	0	0
Salary Costs	8 000	1 000	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	182 000	94 000	69 000	26 000
Operating Profit	223 000	91 000	−4 000	42 000
Financial Income	115 000	82 000	10 000	0
Financial Costs	148 000	33 000	38 000	0
Financial Balance	−33 000	49 000	−28 000	0
Dividends	0	0	0	0
Net Income	140 000	120 000	−32 000	32 000

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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	760 000	722 000	677 000	1 069 000
Total Fixed Assets	760 000	722 000	677 000	1 069 000
Stock	0	0	0	0
Total Investments	767 000	751 000	623 000	133 000
Cash, Bank	20 000	39 000	19 000	72 000
Total Current Assets	843 000	790 000	647 000	215 000
Total Assets	1 602 000	1 512 000	1 324 000	1 284 000
Total Equity	365 000	225 000	104 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	2 000	0	0
Unpaid Taxes	16 000	13 000	3 000	5 000
Dividends	0	0	0	0
Other Current Debt	1 161 000	1 253 000	1 217 000	1 133 000
Total Current Debt	1 238 000	1 288 000	1 220 000	1 148 000
Total Equity and Debt	1 602 000	1 512 000	1 324 000	1 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,36 %	53,33 %	−30,77 %	23,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,06 %	49,19 %	−6,15 %	62,69 %
Current Ratio	0,68	0,61	0,53	0,19
Quick Ratio	0,68	0,61	0,53	0,19
Equity Ratio	0,23	0,15	0,08	0,11
Gross Profit Margin	73,09 %	100 %	100 %	100 %