RAGNAR OLSEN ENGROS AS

1067 OSLO

Finances

Share Ownership

Return on Equity

89,93 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 078 000	1 916 000	2 407 000	2 081 000
Net Income	134 000	257 000	281 000	−163 000
Total Assets	441 000	417 000	665 000	394 000
Total Equity	149 000	315 000	357 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 078 000	1 916 000	2 407 000	2 081 000
Expenditure	1 933 000	1 652 000	2 127 000	2 243 000
Operating Profit	144 000	265 000	281 000	−163 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	0	0
Financial Balance	−10 000	−7 000	0	0
Earnings Before Tax	134 000	257 000	281 000	−163 000
Tax	0	0	0	0
Net Income	134 000	257 000	281 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	441 000	417 000	665 000	394 000
Total Assets	441 000	417 000	665 000	394 000
Total Retained Equity	−1 751 000	−1 885 000	−2 143 000	−2 423 000
Total Equity	149 000	315 000	357 000	77 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	293 000	102 000	308 000	318 000
Total Equity and Debt	441 000	417 000	665 000	394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 078 000	1 916 000	2 407 000	2 081 000
Other Income	0	0	0	0
Revenue	2 078 000	1 916 000	2 407 000	2 081 000
Cost of Goods Sold	1 596 000	1 287 000	1 717 000	1 479 000
Salary Costs	57 000	58 000	70 000	455 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 933 000	1 652 000	2 127 000	2 243 000
Operating Profit	144 000	265 000	281 000	−163 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	0	0
Financial Balance	−10 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	134 000	257 000	281 000	−163 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	374 000	218 000	298 000	259 000
Total Investments	0	0	0	0
Cash, Bank	19 000	49 000	113 000	8 000
Total Current Assets	441 000	417 000	665 000	394 000
Total Assets	441 000	417 000	665 000	394 000
Total Equity	149 000	315 000	357 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	52 000	227 000	213 000
Unpaid Taxes	172 000	50 000	81 000	104 000
Dividends	0	0	0	0
Other Current Debt	62 000	0	0	0
Total Current Debt	293 000	102 000	308 000	318 000
Total Equity and Debt	441 000	417 000	665 000	394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,93 %	81,59 %	78,71 %	−211,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,93 %	13,83 %	11,67 %	−7,83 %
Current Ratio	1,51	4,09	2,16	1,24
Quick Ratio	−5,44	−3,59	66,5	6,68
Equity Ratio	0,34	0,76	0,54	0,2
Gross Profit Margin	23,2 %	32,83 %	28,67 %	28,93 %