RUBBERSTYLE AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−6,15 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 246 000	26 159 000	23 264 000	24 608 000
Net Income	−263 000	154 000	−375 000	1 483 000
Total Assets	8 457 000	9 737 000	9 114 000	10 396 000
Total Equity	4 273 000	4 874 000	4 715 000	5 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 246 000	26 159 000	23 264 000	24 608 000
Expenditure	30 416 000	25 922 000	23 760 000	22 616 000
Operating Profit	−171 000	237 000	−496 000	1 992 000
Financial Income	3 000	13 000	52 000	7 000
Financial Costs	165 000	49 000	37 000	94 000
Financial Balance	−162 000	−36 000	15 000	−87 000
Earnings Before Tax	−334 000	201 000	−481 000	1 906 000
Tax	−71 000	47 000	−106 000	423 000
Net Income	−263 000	154 000	−375 000	1 483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 395 000	1 578 000	1 590 000	1 538 000
Total Current Assets	7 062 000	8 158 000	7 524 000	8 858 000
Total Assets	8 457 000	9 737 000	9 114 000	10 396 000
Total Retained Equity	−316 000	285 000	126 000	501 000
Total Equity	4 273 000	4 874 000	4 715 000	5 090 000
Total Long-Term Debt	0	15 000	190 000	365 000
Total Current Debt	4 184 000	4 848 000	4 209 000	4 942 000
Total Equity and Debt	8 457 000	9 737 000	9 114 000	10 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 246 000	26 149 000	23 102 000	24 608 000
Other Income	0	9 000	163 000	0
Revenue	30 246 000	26 159 000	23 264 000	24 608 000
Cost of Goods Sold	14 244 000	10 532 000	9 987 000	8 479 000
Salary Costs	9 570 000	9 017 000	8 041 000	7 795 000
Depreciation	312 000	378 000	423 000	348 000
Impairment	0	0	0	0
Expenditure	30 416 000	25 922 000	23 760 000	22 616 000
Operating Profit	−171 000	237 000	−496 000	1 992 000
Financial Income	3 000	13 000	52 000	7 000
Financial Costs	165 000	49 000	37 000	94 000
Financial Balance	−162 000	−36 000	15 000	−87 000
Dividends	0	0	0	0
Net Income	−263 000	154 000	−375 000	1 483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	173 000	103 000	150 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	901 000	1 068 000	921 000	688 000
Fixtures	321 000	407 000	519 000	641 000
Total Tangible Assets	1 222 000	1 475 000	1 440 000	1 330 000
Total Fiancial Fixed Assets	0	0	0	164 000
Total Fixed Assets	1 395 000	1 578 000	1 590 000	1 538 000
Stock	3 592 000	3 763 000	4 038 000	3 749 000
Total Investments	0	0	0	0
Cash, Bank	301 000	341 000	304 000	1 693 000
Total Current Assets	7 062 000	8 158 000	7 524 000	8 858 000
Total Assets	8 457 000	9 737 000	9 114 000	10 396 000
Total Equity	4 273 000	4 874 000	4 715 000	5 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	190 000	365 000
Creditors	940 000	1 680 000	741 000	1 092 000
Unpaid Taxes	1 908 000	1 743 000	1 422 000	1 172 000
Dividends	0	0	0	0
Other Current Debt	957 000	1 058 000	1 229 000	2 678 000
Total Current Debt	4 184 000	4 848 000	4 209 000	4 942 000
Total Equity and Debt	8 457 000	9 737 000	9 114 000	10 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,15 %	3,16 %	−7,95 %	29,14 %
Debt-to-Equity Ratio	0	0	0,04	0,07
Operating Profit Margin	−0,57 %	0,91 %	−2,13 %	8,09 %
Current Ratio	1,69	1,68	1,79	1,79
Quick Ratio	11,93	7,52	44	7,42
Equity Ratio	0,51	0,5	0,52	0,49
Gross Profit Margin	52,91 %	59,74 %	57,07 %	65,54 %