RUSTFRITT AS

1659 TORP

Finances

Share Ownership

Return on Equity

16,71 %

Current Ratio

3,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	1 903 000	2 141 000	2 132 000
Net Income	186 000	415 000	582 000
Total Assets	1 463 000	1 265 000	1 181 000
Total Equity	1 113 000	927 000	512 000

Income (NOK)	2022	2021	2020
Revenue	1 903 000	2 141 000	2 132 000
Expenditure	1 663 000	1 609 000	1 386 000
Operating Profit	240 000	532 000	747 000
Financial Income	−1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	239 000	531 000	747 000
Tax	53 000	117 000	164 000
Net Income	186 000	415 000	582 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	406 000	517 000	262 000
Total Current Assets	1 057 000	749 000	920 000
Total Assets	1 463 000	1 265 000	1 181 000
Total Retained Equity	1 083 000	897 000	482 000
Total Equity	1 113 000	927 000	512 000
Total Long-Term Debt	17 000	21 000	14 000
Total Current Debt	333 000	317 000	655 000
Total Equity and Debt	1 463 000	1 265 000	1 181 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 903 000	2 141 000	2 103 000
Other Income	0	0	29 000
Revenue	1 903 000	2 141 000	2 132 000
Cost of Goods Sold	416 000	524 000	520 000
Salary Costs	776 000	639 000	507 000
Depreciation	111 000	81 000	27 000
Impairment	0	0	0
Expenditure	1 663 000	1 609 000	1 386 000
Operating Profit	240 000	532 000	747 000
Financial Income	−1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	100 000
Net Income	186 000	415 000	582 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	406 000	517 000	262 000
Total Tangible Assets	406 000	517 000	262 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	406 000	517 000	262 000
Stock	108 000	80 000	114 000
Total Investments	0	0	0
Cash, Bank	792 000	585 000	800 000
Total Current Assets	1 057 000	749 000	920 000
Total Assets	1 463 000	1 265 000	1 181 000
Total Equity	1 113 000	927 000	512 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	17 000	21 000	14 000
Creditors	50 000	25 000	78 000
Unpaid Taxes	142 000	118 000	76 000
Dividends	0	0	100 000
Other Current Debt	84 000	65 000	250 000
Total Current Debt	333 000	317 000	655 000
Total Equity and Debt	1 463 000	1 265 000	1 181 000

Financial indicators	2022	2021	2020
Return on Equity	16,71 %	44,77 %	113,67 %
Debt-to-Equity Ratio	0,02	0,02	0,03
Operating Profit Margin	12,61 %	24,85 %	35,04 %
Current Ratio	3,17	2,36	1,4
Quick Ratio	4,7	3,16	1,7
Equity Ratio	0,76	0,73	0,43
Gross Profit Margin	78,14 %	75,53 %	75,61 %