RUSTAND MASKINSERVICE AS

3540 NESBYEN

Finances

Share Ownership

Return on Equity

18,11 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 523 000	1 749 000	1 444 000	348 000
Net Income	197 000	573 000	410 000	14 000
Total Assets	3 529 000	3 322 000	1 022 000	434 000
Total Equity	1 088 000	1 022 000	449 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 523 000	1 749 000	1 444 000	348 000
Expenditure	1 247 000	996 000	897 000	323 000
Operating Profit	276 000	754 000	547 000	25 000
Financial Income	0	1 000	0	0
Financial Costs	13 000	14 000	17 000	6 000
Financial Balance	−13 000	−13 000	−17 000	−6 000
Earnings Before Tax	264 000	742 000	530 000	19 000
Tax	66 000	168 000	120 000	5 000
Net Income	197 000	573 000	410 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	537 000	277 000	228 000	267 000
Total Current Assets	2 992 000	3 046 000	794 000	167 000
Total Assets	3 529 000	3 322 000	1 022 000	434 000
Total Retained Equity	1 063 000	998 000	425 000	14 000
Total Equity	1 088 000	1 022 000	449 000	39 000
Total Long-Term Debt	144 000	225 000	302 000	379 000
Total Current Debt	2 297 000	2 075 000	271 000	17 000
Total Equity and Debt	3 529 000	3 322 000	1 022 000	434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 497 000	1 700 000	1 444 000	348 000
Other Income	26 000	49 000	0	0
Revenue	1 523 000	1 749 000	1 444 000	348 000
Cost of Goods Sold	578 000	661 000	678 000	151 000
Salary Costs	94 000	0	10 000	0
Depreciation	190 000	102 000	94 000	53 000
Impairment	0	0	0	0
Expenditure	1 247 000	996 000	897 000	323 000
Operating Profit	276 000	754 000	547 000	25 000
Financial Income	0	1 000	0	0
Financial Costs	13 000	14 000	17 000	6 000
Financial Balance	−13 000	−13 000	−17 000	−6 000
Dividends	0	0	0	0
Net Income	197 000	573 000	410 000	14 000

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	228 000	267 000
Fixtures	537 000	277 000	0	0
Total Tangible Assets	537 000	277 000	228 000	267 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	537 000	277 000	228 000	267 000
Stock	2 103 000	2 103 000	0	0
Total Investments	0	0	0	0
Cash, Bank	645 000	276 000	295 000	53 000
Total Current Assets	2 992 000	3 046 000	794 000	167 000
Total Assets	3 529 000	3 322 000	1 022 000	434 000
Total Equity	1 088 000	1 022 000	449 000	39 000
Short-Term Group Debt	170 000	0	0	0
Total Long-Term Debt	144 000	225 000	302 000	379 000
Creditors	316 000	139 000	47 000	5 000
Unpaid Taxes	100 000	144 000	101 000	10 000
Dividends	0	0	0	0
Other Current Debt	1 682 000	1 624 000	0	0
Total Current Debt	2 297 000	2 075 000	271 000	17 000
Total Equity and Debt	3 529 000	3 322 000	1 022 000	434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,11 %	56,07 %	91,31 %	35,9 %
Debt-to-Equity Ratio	0,13	0,22	0,67	9,72
Operating Profit Margin	18,12 %	43,11 %	37,88 %	7,18 %
Current Ratio	1,3	1,47	2,93	9,82
Quick Ratio	15,42	−108,79	2,93	9,82
Equity Ratio	0,31	0,31	0,44	0,09
Gross Profit Margin	62,05 %	62,21 %	53,05 %	56,61 %