RUSTAD SAILS AS

1626 MANSTAD

Finances

Share Ownership

Return on Equity

131,82 %

Current Ratio

1,26

Debt-to-Equity Ratio

5,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 841 000	1 596 000	1 345 000	1 539 000
Net Income	29 000	14 000	−62 000	26 000
Total Assets	676 000	705 000	641 000	812 000
Total Equity	22 000	−7 000	−21 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 841 000	1 596 000	1 345 000	1 539 000
Expenditure	1 773 000	1 555 000	1 396 000	1 485 000
Operating Profit	67 000	41 000	−53 000	53 000
Financial Income	0	0	2 000	2 000
Financial Costs	27 000	19 000	19 000	21 000
Financial Balance	−27 000	−19 000	−17 000	−19 000
Earnings Before Tax	41 000	23 000	−70 000	34 000
Tax	12 000	8 000	−8 000	9 000
Net Income	29 000	14 000	−62 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	18 000	46 000	84 000
Total Current Assets	676 000	687 000	594 000	728 000
Total Assets	676 000	705 000	641 000	812 000
Total Retained Equity	−8 000	−37 000	−51 000	11 000
Total Equity	22 000	−7 000	−21 000	41 000
Total Long-Term Debt	115 000	316 000	302 000	399 000
Total Current Debt	538 000	396 000	360 000	372 000
Total Equity and Debt	676 000	705 000	641 000	812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 841 000	1 596 000	1 345 000	1 539 000
Other Income	0	0	0	0
Revenue	1 841 000	1 596 000	1 345 000	1 539 000
Cost of Goods Sold	808 000	671 000	533 000	759 000
Salary Costs	655 000	626 000	592 000	501 000
Depreciation	18 000	28 000	58 000	41 000
Impairment	0	0	0	0
Expenditure	1 773 000	1 555 000	1 396 000	1 485 000
Operating Profit	67 000	41 000	−53 000	53 000
Financial Income	0	0	2 000	2 000
Financial Costs	27 000	19 000	19 000	21 000
Financial Balance	−27 000	−19 000	−17 000	−19 000
Dividends	0	0	0	0
Net Income	29 000	14 000	−62 000	26 000

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	18 000	46 000	84 000
Total Tangible Assets	0	18 000	46 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	18 000	46 000	84 000
Stock	237 000	210 000	173 000	125 000
Total Investments	0	0	0	0
Cash, Bank	276 000	296 000	347 000	476 000
Total Current Assets	676 000	687 000	594 000	728 000
Total Assets	676 000	705 000	641 000	812 000
Total Equity	22 000	−7 000	−21 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 000	316 000	302 000	399 000
Creditors	9 000	0	2 000	51 000
Unpaid Taxes	85 000	63 000	101 000	120 000
Dividends	0	0	0	0
Other Current Debt	433 000	325 000	257 000	193 000
Total Current Debt	538 000	396 000	360 000	372 000
Total Equity and Debt	676 000	705 000	641 000	812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	131,82 %	−200 %	295,24 %	63,41 %
Debt-to-Equity Ratio	5,23	−45,14	−14,38	9,73
Operating Profit Margin	3,64 %	2,57 %	−3,94 %	3,44 %
Current Ratio	1,26	1,73	1,65	1,96
Quick Ratio	2,25	3,69	3,18	2,95
Equity Ratio	0,03	−0,01	−0,03	0,05
Gross Profit Margin	56,11 %	57,96 %	60,37 %	50,68 %