RAGNAR RØNNING AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

19,86 %

Current Ratio

3,25

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 858 000	6 708 000	7 926 000	5 572 000
Net Income	473 000	283 000	732 000	425 000
Total Assets	4 493 000	4 190 000	4 376 000	3 725 000
Total Equity	2 382 000	2 109 000	2 086 000	1 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 858 000	6 708 000	7 926 000	5 572 000
Expenditure	7 214 000	6 355 000	6 922 000	5 087 000
Operating Profit	643 000	353 000	1 005 000	484 000
Financial Income	19 000	19 000	20 000	22 000
Financial Costs	62 000	59 000	74 000	82 000
Financial Balance	−43 000	−40 000	−54 000	−60 000
Earnings Before Tax	600 000	313 000	951 000	425 000
Tax	127 000	30 000	219 000	0
Net Income	473 000	283 000	732 000	425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 005 000	1 001 000	993 000	912 000
Total Current Assets	3 488 000	3 188 000	3 383 000	2 813 000
Total Assets	4 493 000	4 190 000	4 376 000	3 725 000
Total Retained Equity	2 169 000	1 896 000	1 873 000	1 240 000
Total Equity	2 382 000	2 109 000	2 086 000	1 453 000
Total Long-Term Debt	1 039 000	1 140 000	1 241 000	1 316 000
Total Current Debt	1 072 000	941 000	1 049 000	956 000
Total Equity and Debt	4 493 000	4 190 000	4 376 000	3 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 717 000	6 550 000	7 751 000	5 415 000
Other Income	141 000	158 000	175 000	157 000
Revenue	7 858 000	6 708 000	7 926 000	5 572 000
Cost of Goods Sold	3 566 000	3 195 000	4 311 000	2 390 000
Salary Costs	2 502 000	2 230 000	1 829 000	1 993 000
Depreciation	15 000	11 000	6 000	12 000
Impairment	0	0	0	0
Expenditure	7 214 000	6 355 000	6 922 000	5 087 000
Operating Profit	643 000	353 000	1 005 000	484 000
Financial Income	19 000	19 000	20 000	22 000
Financial Costs	62 000	59 000	74 000	82 000
Financial Balance	−43 000	−40 000	−54 000	−60 000
Dividends	0	0	0	0
Net Income	473 000	283 000	732 000	425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	977 000	985 000	993 000	911 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	17 000	0	1 000
Total Tangible Assets	1 005 000	1 001 000	993 000	912 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 005 000	1 001 000	993 000	912 000
Stock	2 510 000	2 230 000	2 114 000	2 266 000
Total Investments	0	0	0	0
Cash, Bank	905 000	909 000	1 244 000	508 000
Total Current Assets	3 488 000	3 188 000	3 383 000	2 813 000
Total Assets	4 493 000	4 190 000	4 376 000	3 725 000
Total Equity	2 382 000	2 109 000	2 086 000	1 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 039 000	1 140 000	1 241 000	1 316 000
Creditors	279 000	286 000	274 000	379 000
Unpaid Taxes	338 000	318 000	297 000	298 000
Dividends	0	0	0	0
Other Current Debt	328 000	307 000	260 000	279 000
Total Current Debt	1 072 000	941 000	1 049 000	956 000
Total Equity and Debt	4 493 000	4 190 000	4 376 000	3 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,86 %	13,42 %	35,09 %	29,25 %
Debt-to-Equity Ratio	0,44	0,54	0,59	0,91
Operating Profit Margin	8,18 %	5,26 %	12,68 %	8,69 %
Current Ratio	3,25	3,39	3,22	2,94
Quick Ratio	−2,43	−2,47	−3,18	−2,15
Equity Ratio	0,53	0,5	0,48	0,39
Gross Profit Margin	54,62 %	52,37 %	45,61 %	57,11 %