RUNESTAD ELEKTRO AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

207,35 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 375 000	9 180 000	9 497 000	9 565 000
Net Income	−649 000	45 000	−228 000	−1 490 000
Total Assets	5 080 000	5 625 000	4 988 000	4 709 000
Total Equity	−313 000	336 000	291 000	518 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 375 000	9 180 000	9 497 000	9 565 000
Expenditure	8 948 000	9 039 000	9 695 000	11 025 000
Operating Profit	−573 000	142 000	−199 000	−1 460 000
Financial Income	11 000	8 000	9 000	14 000
Financial Costs	87 000	105 000	38 000	45 000
Financial Balance	−76 000	−97 000	−29 000	−31 000
Earnings Before Tax	−649 000	45 000	−228 000	−1 490 000
Tax	0	0	0	0
Net Income	−649 000	45 000	−228 000	−1 490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 028 000	1 058 000	1 096 000	1 158 000
Total Current Assets	4 052 000	4 568 000	3 892 000	3 551 000
Total Assets	5 080 000	5 625 000	4 988 000	4 709 000
Total Retained Equity	−413 000	236 000	191 000	418 000
Total Equity	−313 000	336 000	291 000	518 000
Total Long-Term Debt	282 000	365 000	448 000	531 000
Total Current Debt	5 111 000	4 924 000	4 249 000	3 660 000
Total Equity and Debt	5 080 000	5 625 000	4 988 000	4 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 375 000	9 180 000	9 497 000	9 565 000
Other Income	0	0	0	0
Revenue	8 375 000	9 180 000	9 497 000	9 565 000
Cost of Goods Sold	2 567 000	2 120 000	2 291 000	3 241 000
Salary Costs	4 563 000	4 963 000	5 427 000	5 741 000
Depreciation	30 000	38 000	62 000	83 000
Impairment	0	0	0	0
Expenditure	8 948 000	9 039 000	9 695 000	11 025 000
Operating Profit	−573 000	142 000	−199 000	−1 460 000
Financial Income	11 000	8 000	9 000	14 000
Financial Costs	87 000	105 000	38 000	45 000
Financial Balance	−76 000	−97 000	−29 000	−31 000
Dividends	0	0	0	0
Net Income	−649 000	45 000	−228 000	−1 490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 028 000	1 058 000	1 088 000	1 119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	39 000
Total Tangible Assets	1 028 000	1 058 000	1 096 000	1 158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 028 000	1 058 000	1 096 000	1 158 000
Stock	3 022 000	2 955 000	2 394 000	2 180 000
Total Investments	0	0	0	0
Cash, Bank	250 000	351 000	304 000	295 000
Total Current Assets	4 052 000	4 568 000	3 892 000	3 551 000
Total Assets	5 080 000	5 625 000	4 988 000	4 709 000
Total Equity	−313 000	336 000	291 000	518 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	282 000	365 000	448 000	531 000
Creditors	965 000	1 110 000	1 237 000	586 000
Unpaid Taxes	737 000	827 000	728 000	634 000
Dividends	0	0	0	0
Other Current Debt	2 698 000	2 347 000	1 927 000	1 989 000
Total Current Debt	5 111 000	4 924 000	4 249 000	3 660 000
Total Equity and Debt	5 080 000	5 625 000	4 988 000	4 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	207,35 %	13,39 %	−78,35 %	−287,64 %
Debt-to-Equity Ratio	−0,9	1,09	1,54	1,03
Operating Profit Margin	−6,84 %	1,55 %	−2,1 %	−15,26 %
Current Ratio	0,79	0,93	0,92	0,97
Quick Ratio	1,94	2,32	2,1	2,4
Equity Ratio	−0,06	0,06	0,06	0,11
Gross Profit Margin	69,35 %	76,91 %	75,88 %	66,12 %