RAGNAR STRØMMEN AS

3629 NORE

Finances

Return on Equity

9,19 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 664 000	3 369 000	3 116 000	4 458 000
Net Income	618 000	248 000	−328 000	23 000
Total Assets	10 752 000	7 209 000	7 995 000	8 990 000
Total Equity	6 728 000	6 109 000	6 862 000	7 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 664 000	3 369 000	3 116 000	4 458 000
Expenditure	2 863 000	3 047 000	3 540 000	4 424 000
Operating Profit	801 000	321 000	−423 000	34 000
Financial Income	2 000	3 000	6 000	12 000
Financial Costs	11 000	6 000	5 000	17 000
Financial Balance	−9 000	−3 000	1 000	−5 000
Earnings Before Tax	792 000	317 000	−421 000	29 000
Tax	174 000	70 000	−93 000	6 000
Net Income	618 000	248 000	−328 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 746 000	2 292 000	2 588 000	3 502 000
Total Current Assets	7 005 000	4 916 000	5 408 000	5 488 000
Total Assets	10 752 000	7 209 000	7 995 000	8 990 000
Total Retained Equity	6 628 000	6 009 000	6 762 000	7 380 000
Total Equity	6 728 000	6 109 000	6 862 000	7 480 000
Total Long-Term Debt	785 000	794 000	917 000	1 179 000
Total Current Debt	3 239 000	305 000	217 000	331 000
Total Equity and Debt	10 752 000	7 209 000	7 995 000	8 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 059 000	2 277 000	3 111 000	4 455 000
Other Income	606 000	1 092 000	5 000	3 000
Revenue	3 664 000	3 369 000	3 116 000	4 458 000
Cost of Goods Sold	117 000	20 000	212 000	805 000
Salary Costs	1 025 000	972 000	940 000	1 020 000
Depreciation	448 000	801 000	1 064 000	1 077 000
Impairment	0	0	0	0
Expenditure	2 863 000	3 047 000	3 540 000	4 424 000
Operating Profit	801 000	321 000	−423 000	34 000
Financial Income	2 000	3 000	6 000	12 000
Financial Costs	11 000	6 000	5 000	17 000
Financial Balance	−9 000	−3 000	1 000	−5 000
Dividends	0	1 000 000	289 000	0
Net Income	618 000	248 000	−328 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	77 000	93 000	110 000	127 000
Machinery and Plant Facilities	161 000	154 000	193 000	69 000
Fixtures	3 509 000	1 997 000	2 284 000	3 306 000
Total Tangible Assets	3 746 000	2 245 000	2 588 000	3 502 000
Total Fiancial Fixed Assets	0	48 000	0	0
Total Fixed Assets	3 746 000	2 292 000	2 588 000	3 502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 234 000	4 684 000	5 154 000	5 068 000
Total Current Assets	7 005 000	4 916 000	5 408 000	5 488 000
Total Assets	10 752 000	7 209 000	7 995 000	8 990 000
Total Equity	6 728 000	6 109 000	6 862 000	7 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	785 000	794 000	917 000	1 179 000
Creditors	3 096 000	180 000	33 000	69 000
Unpaid Taxes	57 000	54 000	82 000	77 000
Dividends	0	1 000 000	289 000	0
Other Current Debt	73 000	60 000	64 000	64 000
Total Current Debt	3 239 000	305 000	217 000	331 000
Total Equity and Debt	10 752 000	7 209 000	7 995 000	8 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,19 %	4,06 %	−4,78 %	0,31 %
Debt-to-Equity Ratio	0,12	0,13	0,13	0,16
Operating Profit Margin	21,86 %	9,53 %	−13,58 %	0,76 %
Current Ratio	2,16	16,12	24,92	16,58
Quick Ratio	2,16	16,12	24,92	16,58
Equity Ratio	0,63	0,85	0,86	0,83
Gross Profit Margin	96,81 %	99,41 %	93,2 %	81,94 %