RUGTVEDT VVS AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

80,32 %

Current Ratio

0,54

Debt-to-Equity Ratio

−1,83

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 347 000	2 659 000	2 835 000	2 497 000
Net Income	−298 000	−252 000	−52 000	188 000
Total Assets	939 000	1 651 000	1 818 000	1 025 000
Total Equity	−371 000	−72 000	180 000	232 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 347 000	2 659 000	2 835 000	2 497 000
Expenditure	3 611 000	2 895 000	2 855 000	2 234 000
Operating Profit	−264 000	−236 000	−21 000	262 000
Financial Income	0	18 000	0	0
Financial Costs	34 000	35 000	31 000	7 000
Financial Balance	−34 000	−17 000	−31 000	−7 000
Earnings Before Tax	−298 000	−252 000	−52 000	256 000
Tax	0	0	0	68 000
Net Income	−298 000	−252 000	−52 000	188 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	600 000	791 000	854 000	215 000
Total Current Assets	339 000	860 000	964 000	811 000
Total Assets	939 000	1 651 000	1 818 000	1 025 000
Total Retained Equity	−401 000	−102 000	150 000	202 000
Total Equity	−371 000	−72 000	180 000	232 000
Total Long-Term Debt	678 000	826 000	899 000	99 000
Total Current Debt	632 000	897 000	739 000	695 000
Total Equity and Debt	939 000	1 651 000	1 818 000	1 025 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 343 000	2 556 000	2 864 000	2 497 000
Other Income	4 000	103 000	−30 000	0
Revenue	3 347 000	2 659 000	2 835 000	2 497 000
Cost of Goods Sold	1 221 000	952 000	1 142 000	911 000
Salary Costs	1 409 000	908 000	1 073 000	956 000
Depreciation	238 000	217 000	200 000	20 000
Impairment	0	0	0	0
Expenditure	3 611 000	2 895 000	2 855 000	2 234 000
Operating Profit	−264 000	−236 000	−21 000	262 000
Financial Income	0	18 000	0	0
Financial Costs	34 000	35 000	31 000	7 000
Financial Balance	−34 000	−17 000	−31 000	−7 000
Dividends	0	0	0	0
Net Income	−298 000	−252 000	−52 000	188 000

Balance details (NOK)	2021	2020	2019	2018
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	600 000	791 000	854 000	215 000
Total Tangible Assets	600 000	791 000	854 000	215 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	600 000	791 000	854 000	215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−30 000	118 000	151 000	186 000
Total Current Assets	339 000	860 000	964 000	811 000
Total Assets	939 000	1 651 000	1 818 000	1 025 000
Total Equity	−371 000	−72 000	180 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	678 000	826 000	899 000	99 000
Creditors	27 000	177 000	224 000	151 000
Unpaid Taxes	388 000	229 000	248 000	208 000
Dividends	0	0	0	0
Other Current Debt	217 000	491 000	267 000	268 000
Total Current Debt	632 000	897 000	739 000	695 000
Total Equity and Debt	939 000	1 651 000	1 818 000	1 025 000

Financial indicators	2021	2020	2019	2018
Return on Equity	80,32 %	350 %	−28,89 %	81,03 %
Debt-to-Equity Ratio	−1,83	−11,47	4,99	0,43
Operating Profit Margin	−7,89 %	−8,88 %	−0,74 %	10,49 %
Current Ratio	0,54	0,96	1,3	1,17
Quick Ratio	0,54	0,96	1,3	1,17
Equity Ratio	−0,4	−0,04	0,1	0,23
Gross Profit Margin	63,52 %	64,2 %	59,72 %	63,52 %