RØNHOVDE AS

5281 VALESTRANDSFOSSEN

Finances

Return on Equity

24,31 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 025 000	970 000	501 000
Net Income	88 000	10 000	240 000
Total Assets	538 000	489 000	531 000
Total Equity	362 000	274 000	264 000

Income (NOK)	2022	2021	2020
Revenue	1 025 000	970 000	501 000
Expenditure	908 000	955 000	192 000
Operating Profit	117 000	15 000	309 000
Financial Income	0	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−1 000	−2 000	0
Earnings Before Tax	116 000	13 000	309 000
Tax	28 000	3 000	69 000
Net Income	88 000	10 000	240 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	186 000	237 000	136 000
Total Current Assets	352 000	252 000	395 000
Total Assets	538 000	489 000	531 000
Total Retained Equity	338 000	250 000	240 000
Total Equity	362 000	274 000	264 000
Total Long-Term Debt	0	0	0
Total Current Debt	176 000	215 000	267 000
Total Equity and Debt	538 000	489 000	531 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 025 000	970 000	501 000
Other Income	0	0	0
Revenue	1 025 000	970 000	501 000
Cost of Goods Sold	17 000	0	0
Salary Costs	482 000	692 000	75 000
Depreciation	29 000	36 000	35 000
Impairment	0	0	0
Expenditure	908 000	955 000	192 000
Operating Profit	117 000	15 000	309 000
Financial Income	0	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−1 000	−2 000	0
Dividends	0	0	0
Net Income	88 000	10 000	240 000

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	49 000	78 000	86 000
Total Tangible Assets	49 000	78 000	86 000
Total Fiancial Fixed Assets	137 000	159 000	50 000
Total Fixed Assets	186 000	237 000	136 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	139 000	178 000	28 000
Total Current Assets	352 000	252 000	395 000
Total Assets	538 000	489 000	531 000
Total Equity	362 000	274 000	264 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	17 000	6 000	46 000
Unpaid Taxes	59 000	104 000	82 000
Dividends	0	0	0
Other Current Debt	72 000	102 000	70 000
Total Current Debt	176 000	215 000	267 000
Total Equity and Debt	538 000	489 000	531 000

Financial indicators	2022	2021	2020
Return on Equity	24,31 %	3,65 %	90,91 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,41 %	1,55 %	61,68 %
Current Ratio	2	1,17	1,48
Quick Ratio	2	1,17	1,48
Equity Ratio	0,67	0,56	0,5
Gross Profit Margin	98,34 %	100 %	100 %