Rønnings Bilverksted A/S

2485 RENDALEN

Finances

Return on Equity

−55,57 %

Current Ratio

1,3

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 320 000	8 725 000	8 538 000	8 086 000
Net Income	−414 000	8 000	−70 000	−4 000
Total Assets	3 365 000	3 473 000	3 374 000	3 642 000
Total Equity	745 000	1 159 000	1 151 000	1 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 320 000	8 725 000	8 538 000	8 086 000
Expenditure	8 796 000	8 677 000	8 581 000	8 040 000
Operating Profit	−476 000	48 000	−42 000	46 000
Financial Income	15 000	16 000	11 000	18 000
Financial Costs	69 000	53 000	58 000	69 000
Financial Balance	−54 000	−37 000	−47 000	−51 000
Earnings Before Tax	−531 000	11 000	−89 000	−5 000
Tax	−117 000	2 000	−20 000	−1 000
Net Income	−414 000	8 000	−70 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 665 000	1 494 000	1 451 000	1 620 000
Total Current Assets	1 700 000	1 979 000	1 923 000	2 022 000
Total Assets	3 365 000	3 473 000	3 374 000	3 642 000
Total Retained Equity	645 000	1 059 000	1 051 000	1 120 000
Total Equity	745 000	1 159 000	1 151 000	1 220 000
Total Long-Term Debt	1 314 000	996 000	984 000	1 167 000
Total Current Debt	1 305 000	1 319 000	1 239 000	1 255 000
Total Equity and Debt	3 365 000	3 473 000	3 374 000	3 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 287 000	8 681 000	8 507 000	7 888 000
Other Income	33 000	44 000	32 000	198 000
Revenue	8 320 000	8 725 000	8 538 000	8 086 000
Cost of Goods Sold	3 340 000	3 755 000	3 818 000	3 273 000
Salary Costs	3 315 000	3 279 000	3 303 000	3 105 000
Depreciation	301 000	290 000	318 000	283 000
Impairment	0	0	0	0
Expenditure	8 796 000	8 677 000	8 581 000	8 040 000
Operating Profit	−476 000	48 000	−42 000	46 000
Financial Income	15 000	16 000	11 000	18 000
Financial Costs	69 000	53 000	58 000	69 000
Financial Balance	−54 000	−37 000	−47 000	−51 000
Dividends	0	0	0	0
Net Income	−414 000	8 000	−70 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	230 000	113 000	115 000	90 000
Real Eastate	889 000	791 000	761 000	898 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	458 000	482 000	525 000	582 000
Total Tangible Assets	1 347 000	1 273 000	1 286 000	1 480 000
Total Fiancial Fixed Assets	88 000	108 000	50 000	50 000
Total Fixed Assets	1 665 000	1 494 000	1 451 000	1 620 000
Stock	422 000	387 000	632 000	731 000
Total Investments	0	0	0	0
Cash, Bank	464 000	853 000	595 000	794 000
Total Current Assets	1 700 000	1 979 000	1 923 000	2 022 000
Total Assets	3 365 000	3 473 000	3 374 000	3 642 000
Total Equity	745 000	1 159 000	1 151 000	1 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 314 000	996 000	984 000	1 167 000
Creditors	377 000	388 000	345 000	529 000
Unpaid Taxes	372 000	337 000	312 000	219 000
Dividends	0	0	0	0
Other Current Debt	556 000	594 000	577 000	507 000
Total Current Debt	1 305 000	1 319 000	1 239 000	1 255 000
Total Equity and Debt	3 365 000	3 473 000	3 374 000	3 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,57 %	0,69 %	−6,08 %	−0,33 %
Debt-to-Equity Ratio	1,76	0,86	0,85	0,96
Operating Profit Margin	−5,72 %	0,55 %	−0,49 %	0,57 %
Current Ratio	1,3	1,5	1,55	1,61
Quick Ratio	1,93	2,12	3,17	3,86
Equity Ratio	0,22	0,33	0,34	0,33
Gross Profit Margin	59,86 %	56,96 %	55,28 %	59,52 %