RØNNING & SANDE INVESTMENT ANS

6640 KVANNE

Finances

Share Ownership

Return on Equity

3,84 %

Current Ratio

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	512 000	3 143 000	5 104 000	2 458 000
Net Income	90 000	2 366 000	3 823 000	763 000
Total Assets	2 393 000	2 416 000	6 065 000	8 541 000
Total Equity	2 342 000	2 352 000	1 186 000	−1 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	512 000	3 143 000	5 104 000	2 458 000
Expenditure	422 000	775 000	1 068 000	1 311 000
Operating Profit	90 000	2 368 000	4 036 000	1 147 000
Financial Income	0	0	3 000	27 000
Financial Costs	1 000	2 000	216 000	411 000
Financial Balance	−1 000	−2 000	−213 000	−384 000
Earnings Before Tax	90 000	2 366 000	3 823 000	763 000
Tax	0	0	0	0
Net Income	90 000	2 366 000	3 823 000	763 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 680 000	1 699 000	5 379 000	7 517 000
Total Current Assets	713 000	717 000	686 000	1 024 000
Total Assets	2 393 000	2 416 000	6 065 000	8 541 000
Total Retained Equity	2 342 000	2 352 000	1 186 000	−1 389 000
Total Equity	2 342 000	2 352 000	1 186 000	−1 389 000
Total Long-Term Debt	20 000	40 000	159 000	5 281 000
Total Current Debt	31 000	23 000	4 720 000	4 649 000
Total Equity and Debt	2 393 000	2 416 000	6 065 000	8 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	512 000	3 143 000	5 104 000	2 458 000
Revenue	512 000	3 143 000	5 104 000	2 458 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	8 000	5 000	6 000
Depreciation	19 000	19 000	59 000	82 000
Impairment	0	0	0	0
Expenditure	422 000	775 000	1 068 000	1 311 000
Operating Profit	90 000	2 368 000	4 036 000	1 147 000
Financial Income	0	0	3 000	27 000
Financial Costs	1 000	2 000	216 000	411 000
Financial Balance	−1 000	−2 000	−213 000	−384 000
Dividends	0	0	0	0
Net Income	90 000	2 366 000	3 823 000	763 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 680 000	1 699 000	5 379 000	7 517 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 680 000	1 699 000	5 379 000	7 517 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 680 000	1 699 000	5 379 000	7 517 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	368 000	397 000	372 000	384 000
Total Current Assets	713 000	717 000	686 000	1 024 000
Total Assets	2 393 000	2 416 000	6 065 000	8 541 000
Total Equity	2 342 000	2 352 000	1 186 000	−1 389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	40 000	159 000	5 281 000
Creditors	31 000	23 000	126 000	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	4 593 000	4 610 000
Total Current Debt	31 000	23 000	4 720 000	4 649 000
Total Equity and Debt	2 393 000	2 416 000	6 065 000	8 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,84 %	100,6 %	322,34 %	−54,93 %
Debt-to-Equity Ratio	0,01	0,02	0,13	−3,8
Operating Profit Margin	17,58 %	75,34 %	79,08 %	46,66 %
Current Ratio	23	31,17	0,15	0,22
Quick Ratio	23	31,17	0,15	0,22
Equity Ratio	0,98	0,97	0,2	−0,16
Gross Profit Margin	100 %	100 %	100 %	100 %