RUSSESERVICE AS

3232 SANDEFJORD

Finances

Return on Equity

133,91 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 891 000	42 029 000	49 171 000	49 376 000
Net Income	8 371 000	9 286 000	6 864 000	5 120 000
Total Assets	46 036 000	37 604 000	41 015 000	52 326 000
Total Equity	6 251 000	6 246 000	6 238 000	6 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 891 000	42 029 000	49 171 000	49 376 000
Expenditure	41 521 000	30 505 000	41 586 000	44 596 000
Operating Profit	9 370 000	11 524 000	7 585 000	4 780 000
Financial Income	2 131 000	645 000	1 150 000	1 850 000
Financial Costs	1 015 000	269 000	3 000	4 000
Financial Balance	1 116 000	376 000	1 147 000	1 846 000
Earnings Before Tax	10 487 000	11 900 000	8 732 000	6 627 000
Tax	2 115 000	2 614 000	1 868 000	1 507 000
Net Income	8 371 000	9 286 000	6 864 000	5 120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 573 000	2 666 000	506 000	701 000
Total Current Assets	40 463 000	34 938 000	40 508 000	51 625 000
Total Assets	46 036 000	37 604 000	41 015 000	52 326 000
Total Retained Equity	5 845 000	5 841 000	5 832 000	5 845 000
Total Equity	6 251 000	6 246 000	6 238 000	6 250 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 786 000	31 358 000	34 777 000	46 076 000
Total Equity and Debt	46 036 000	37 604 000	41 015 000	52 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 891 000	42 029 000	49 171 000	49 376 000
Other Income	0	0	0	0
Revenue	50 891 000	42 029 000	49 171 000	49 376 000
Cost of Goods Sold	17 810 000	14 496 000	19 395 000	19 446 000
Salary Costs	7 537 000	4 832 000	6 383 000	7 137 000
Depreciation	89 000	48 000	96 000	91 000
Impairment	0	0	0	0
Expenditure	41 521 000	30 505 000	41 586 000	44 596 000
Operating Profit	9 370 000	11 524 000	7 585 000	4 780 000
Financial Income	2 131 000	645 000	1 150 000	1 850 000
Financial Costs	1 015 000	269 000	3 000	4 000
Financial Balance	1 116 000	376 000	1 147 000	1 846 000
Dividends	7 670 000	8 630 000	6 830 000	4 470 000
Net Income	8 371 000	9 286 000	6 864 000	5 120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	490 000	494 000	286 000	384 000
Real Eastate	24 000	71 000	95 000	142 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	101 000	125 000	174 000
Total Tangible Assets	83 000	172 000	220 000	317 000
Total Fiancial Fixed Assets	5 000 000	2 000 000	0	0
Total Fixed Assets	5 573 000	2 666 000	506 000	701 000
Stock	0	0	0	617 000
Total Investments	0	0	0	0
Cash, Bank	5 606 000	3 460 000	10 963 000	2 213 000
Total Current Assets	40 463 000	34 938 000	40 508 000	51 625 000
Total Assets	46 036 000	37 604 000	41 015 000	52 326 000
Total Equity	6 251 000	6 246 000	6 238 000	6 250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	857 000	2 872 000	692 000	923 000
Unpaid Taxes	3 085 000	324 000	196 000	394 000
Dividends	7 670 000	8 630 000	6 830 000	4 470 000
Other Current Debt	33 286 000	25 322 000	32 278 000	43 348 000
Total Current Debt	39 786 000	31 358 000	34 777 000	46 076 000
Total Equity and Debt	46 036 000	37 604 000	41 015 000	52 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,91 %	148,67 %	110,04 %	81,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,41 %	27,42 %	15,43 %	9,68 %
Current Ratio	1,02	1,11	1,16	1,12
Quick Ratio	1,02	1,11	1,16	1,14
Equity Ratio	0,14	0,17	0,15	0,12
Gross Profit Margin	65 %	65,51 %	60,56 %	60,62 %