RØNNING ELEKTRO AS

4017 STAVANGER

Finances

Return on Equity

38,26 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 895 000	296 945 000	250 945 000	274 409 000
Net Income	10 455 000	12 197 000	34 098 000	10 293 000
Total Assets	103 064 000	117 751 000	116 647 000	83 677 000
Total Equity	27 323 000	26 156 000	31 605 000	18 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 895 000	296 945 000	250 945 000	274 409 000
Expenditure	307 411 000	283 924 000	235 567 000	261 495 000
Operating Profit	10 484 000	13 022 000	15 378 000	12 915 000
Financial Income	2 450 000	2 122 000	22 314 000	351 000
Financial Costs	15 000	12 000	15 000	17 000
Financial Balance	2 435 000	2 110 000	22 299 000	334 000
Earnings Before Tax	12 919 000	15 132 000	37 677 000	13 249 000
Tax	2 463 000	2 935 000	3 580 000	2 956 000
Net Income	10 455 000	12 197 000	34 098 000	10 293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 189 000	3 614 000	3 672 000	4 203 000
Total Current Assets	98 874 000	114 137 000	112 975 000	79 474 000
Total Assets	103 064 000	117 751 000	116 647 000	83 677 000
Total Retained Equity	27 223 000	26 056 000	31 505 000	18 351 000
Total Equity	27 323 000	26 156 000	31 605 000	18 451 000
Total Long-Term Debt	0	464 000	1 480 000	2 121 000
Total Current Debt	75 741 000	91 131 000	83 562 000	63 106 000
Total Equity and Debt	103 064 000	117 751 000	116 647 000	83 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	317 895 000	296 945 000	250 945 000	274 409 000
Other Income	0	0	0	0
Revenue	317 895 000	296 945 000	250 945 000	274 409 000
Cost of Goods Sold	130 492 000	116 821 000	84 566 000	109 443 000
Salary Costs	144 464 000	136 218 000	124 624 000	126 404 000
Depreciation	772 000	751 000	710 000	710 000
Impairment	0	0	0	0
Expenditure	307 411 000	283 924 000	235 567 000	261 495 000
Operating Profit	10 484 000	13 022 000	15 378 000	12 915 000
Financial Income	2 450 000	2 122 000	22 314 000	351 000
Financial Costs	15 000	12 000	15 000	17 000
Financial Balance	2 435 000	2 110 000	22 299 000	334 000
Dividends	9 000 000	16 300 000	10 000 000	6 600 000
Net Income	10 455 000	12 197 000	34 098 000	10 293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	401 000	470 000	540 000	610 000
Total Intangible Assets	1 419 000	470 000	540 000	610 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 271 000	1 643 000	1 632 000	1 893 000
Total Tangible Assets	1 271 000	1 643 000	1 632 000	1 893 000
Total Fiancial Fixed Assets	1 500 000	1 500 000	1 500 000	1 700 000
Total Fixed Assets	4 189 000	3 614 000	3 672 000	4 203 000
Stock	5 328 000	4 764 000	3 204 000	3 282 000
Total Investments	0	0	0	0
Cash, Bank	4 788 000	4 644 000	4 706 000	4 777 000
Total Current Assets	98 874 000	114 137 000	112 975 000	79 474 000
Total Assets	103 064 000	117 751 000	116 647 000	83 677 000
Total Equity	27 323 000	26 156 000	31 605 000	18 451 000
Short-Term Group Debt	369 000	0	0	0
Total Long-Term Debt	0	464 000	1 480 000	2 121 000
Creditors	31 001 000	24 946 000	16 775 000	18 924 000
Unpaid Taxes	17 354 000	17 241 000	15 198 000	15 104 000
Dividends	9 000 000	16 300 000	10 000 000	6 600 000
Other Current Debt	14 153 000	35 074 000	40 455 000	22 478 000
Total Current Debt	75 741 000	91 131 000	83 562 000	63 106 000
Total Equity and Debt	103 064 000	117 751 000	116 647 000	83 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,26 %	46,63 %	107,89 %	55,79 %
Debt-to-Equity Ratio	0	0,02	0,05	0,11
Operating Profit Margin	3,3 %	4,39 %	6,13 %	4,71 %
Current Ratio	1,31	1,25	1,35	1,26
Quick Ratio	1,4	1,32	1,41	1,33
Equity Ratio	0,27	0,22	0,27	0,22
Gross Profit Margin	58,95 %	60,66 %	66,3 %	60,12 %