RUTLE VVS AS

5780 KINSARVIK

Finances

Return on Equity

57,51 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 451 000	12 002 000	9 131 000	8 089 000
Net Income	3 498 000	1 553 000	1 094 000	700 000
Total Assets	9 891 000	6 881 000	4 959 000	4 312 000
Total Equity	6 082 000	3 584 000	2 781 000	2 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 451 000	12 002 000	9 131 000	8 089 000
Expenditure	12 625 000	10 031 000	7 768 000	7 192 000
Operating Profit	2 911 000	1 970 000	1 363 000	897 000
Financial Income	1 256 000	40 000	43 000	14 000
Financial Costs	31 000	26 000	10 000	12 000
Financial Balance	1 225 000	14 000	33 000	2 000
Earnings Before Tax	4 136 000	1 984 000	1 396 000	899 000
Tax	638 000	431 000	301 000	199 000
Net Income	3 498 000	1 553 000	1 094 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 597 000	1 838 000	738 000	714 000
Total Current Assets	6 294 000	5 043 000	4 221 000	3 598 000
Total Assets	9 891 000	6 881 000	4 959 000	4 312 000
Total Retained Equity	5 982 000	3 484 000	2 681 000	2 087 000
Total Equity	6 082 000	3 584 000	2 781 000	2 187 000
Total Long-Term Debt	322 000	443 000	37 000	122 000
Total Current Debt	3 487 000	2 854 000	2 141 000	2 004 000
Total Equity and Debt	9 891 000	6 881 000	4 959 000	4 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 089 000	11 894 000	9 111 000	8 011 000
Other Income	362 000	108 000	20 000	78 000
Revenue	15 451 000	12 002 000	9 131 000	8 089 000
Cost of Goods Sold	5 885 000	4 216 000	3 520 000	2 881 000
Salary Costs	4 407 000	3 901 000	2 882 000	2 896 000
Depreciation	231 000	94 000	45 000	60 000
Impairment	0	0	0	0
Expenditure	12 625 000	10 031 000	7 768 000	7 192 000
Operating Profit	2 911 000	1 970 000	1 363 000	897 000
Financial Income	1 256 000	40 000	43 000	14 000
Financial Costs	31 000	26 000	10 000	12 000
Financial Balance	1 225 000	14 000	33 000	2 000
Dividends	1 000 000	500 000	500 000	500 000
Net Income	3 498 000	1 553 000	1 094 000	700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	49 000	34 000	14 000
Real Eastate	1 106 000	150 000	0	0
Machinery and Plant Facilities	652 000	497 000	16 000	22 000
Fixtures	502 000	534 000	80 000	70 000
Total Tangible Assets	2 259 000	1 181 000	96 000	92 000
Total Fiancial Fixed Assets	1 325 000	608 000	608 000	608 000
Total Fixed Assets	3 597 000	1 838 000	738 000	714 000
Stock	1 193 000	1 108 000	1 180 000	1 085 000
Total Investments	0	0	0	0
Cash, Bank	728 000	1 561 000	854 000	892 000
Total Current Assets	6 294 000	5 043 000	4 221 000	3 598 000
Total Assets	9 891 000	6 881 000	4 959 000	4 312 000
Total Equity	6 082 000	3 584 000	2 781 000	2 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	322 000	443 000	37 000	122 000
Creditors	593 000	541 000	485 000	481 000
Unpaid Taxes	865 000	949 000	561 000	472 000
Dividends	1 000 000	500 000	500 000	500 000
Other Current Debt	427 000	418 000	274 000	359 000
Total Current Debt	3 487 000	2 854 000	2 141 000	2 004 000
Total Equity and Debt	9 891 000	6 881 000	4 959 000	4 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,51 %	43,33 %	39,34 %	32,01 %
Debt-to-Equity Ratio	0,05	0,12	0,01	0,06
Operating Profit Margin	18,84 %	16,41 %	14,93 %	11,09 %
Current Ratio	1,8	1,77	1,97	1,8
Quick Ratio	2,74	2,89	4,39	3,92
Equity Ratio	0,61	0,52	0,56	0,51
Gross Profit Margin	61,91 %	64,87 %	61,45 %	64,38 %