RUSTAD TECH AS

1188 OSLO

Finances

Return on Equity

24,03 %

Current Ratio

Debt-to-Equity Ratio

3,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	83 000	52 000	15 000
Net Income	37 000	−38 000	10 000	337 000
Total Assets	1 523 000	1 174 000	741 000	651 000
Total Equity	154 000	117 000	598 000	587 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	83 000	52 000	15 000
Expenditure	337 000	361 000	270 000	28 000
Operating Profit	−311 000	−277 000	−218 000	−14 000
Financial Income	382 000	249 000	228 000	351 000
Financial Costs	34 000	10 000	0	0
Financial Balance	348 000	239 000	228 000	351 000
Earnings Before Tax	37 000	−38 000	10 000	337 000
Tax	0	0	0	0
Net Income	37 000	−38 000	10 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	756 000	870 000	368 000	300 000
Total Current Assets	766 000	304 000	373 000	351 000
Total Assets	1 523 000	1 174 000	741 000	651 000
Total Retained Equity	124 000	87 000	425 000	414 000
Total Equity	154 000	117 000	598 000	587 000
Total Long-Term Debt	604 000	652 000	0	0
Total Current Debt	765 000	406 000	143 000	64 000
Total Equity and Debt	1 523 000	1 174 000	741 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	83 000	52 000	15 000
Other Income	0	0	0	0
Revenue	26 000	83 000	52 000	15 000
Cost of Goods Sold	27 000	77 000	38 000	10 000
Salary Costs	29 000	19 000	139 000	0
Depreciation	114 000	100 000	17 000	0
Impairment	0	0	0	0
Expenditure	337 000	361 000	270 000	28 000
Operating Profit	−311 000	−277 000	−218 000	−14 000
Financial Income	382 000	249 000	228 000	351 000
Financial Costs	34 000	10 000	0	0
Financial Balance	348 000	239 000	228 000	351 000
Dividends	0	0	0	0
Net Income	37 000	−38 000	10 000	337 000

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	456 000	570 000	68 000	0
Total Tangible Assets	456 000	570 000	68 000	0
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	756 000	870 000	368 000	300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	7 000	0	0
Total Current Assets	766 000	304 000	373 000	351 000
Total Assets	1 523 000	1 174 000	741 000	651 000
Total Equity	154 000	117 000	598 000	587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	604 000	652 000	0	0
Creditors	3 000	9 000	2 000	1 000
Unpaid Taxes	6 000	4 000	41 000	0
Dividends	0	0	0	0
Other Current Debt	755 000	393 000	101 000	63 000
Total Current Debt	765 000	406 000	143 000	64 000
Total Equity and Debt	1 523 000	1 174 000	741 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,03 %	−32,48 %	1,67 %	57,41 %
Debt-to-Equity Ratio	3,92	5,57	0	0
Operating Profit Margin	−1 196,15 %	−333,73 %	−419,23 %	−93,33 %
Current Ratio	1	0,75	2,61	5,48
Quick Ratio	1	0,75	2,61	5,48
Equity Ratio	0,1	0,1	0,81	0,9
Gross Profit Margin	−3,85 %	7,23 %	26,92 %	33,33 %