MARTIN RØNNING AS

1389 HEGGEDAL

Finances

Return on Equity

60,12 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 452 000	58 074 000	53 506 000	46 414 000
Net Income	2 496 000	595 000	1 291 000	1 916 000
Total Assets	12 805 000	17 781 000	16 223 000	18 800 000
Total Equity	4 152 000	4 056 000	3 591 000	2 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 452 000	58 074 000	53 506 000	46 414 000
Expenditure	58 409 000	57 454 000	52 159 000	43 942 000
Operating Profit	3 044 000	621 000	1 347 000	2 472 000
Financial Income	156 000	144 000	162 000	148 000
Financial Costs	0	0	6 000	10 000
Financial Balance	156 000	144 000	156 000	138 000
Earnings Before Tax	3 200 000	765 000	1 503 000	2 611 000
Tax	704 000	170 000	212 000	694 000
Net Income	2 496 000	595 000	1 291 000	1 916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 139 000	2 620 000	3 206 000	3 201 000
Total Current Assets	10 666 000	15 161 000	13 016 000	15 599 000
Total Assets	12 805 000	17 781 000	16 223 000	18 800 000
Total Retained Equity	4 073 000	3 976 000	3 511 000	2 221 000
Total Equity	4 152 000	4 056 000	3 591 000	2 300 000
Total Long-Term Debt	0	0	0	66 000
Total Current Debt	8 653 000	13 726 000	12 632 000	16 434 000
Total Equity and Debt	12 805 000	17 781 000	16 223 000	18 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 429 000	56 690 000	53 062 000	44 439 000
Other Income	7 023 000	1 385 000	444 000	1 976 000
Revenue	61 452 000	58 074 000	53 506 000	46 414 000
Cost of Goods Sold	16 033 000	14 358 000	12 838 000	9 195 000
Salary Costs	15 866 000	15 820 000	15 381 000	14 815 000
Depreciation	555 000	673 000	661 000	783 000
Impairment	0	0	0	0
Expenditure	58 409 000	57 454 000	52 159 000	43 942 000
Operating Profit	3 044 000	621 000	1 347 000	2 472 000
Financial Income	156 000	144 000	162 000	148 000
Financial Costs	0	0	6 000	10 000
Financial Balance	156 000	144 000	156 000	138 000
Dividends	2 400 000	0	0	0
Net Income	2 496 000	595 000	1 291 000	1 916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	189 000	174 000	147 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 641 000	1 657 000	1 529 000	1 356 000
Total Tangible Assets	1 641 000	1 657 000	1 529 000	1 356 000
Total Fiancial Fixed Assets	308 000	789 000	1 530 000	1 833 000
Total Fixed Assets	2 139 000	2 620 000	3 206 000	3 201 000
Stock	483 000	1 598 000	683 000	647 000
Total Investments	0	0	0	0
Cash, Bank	5 503 000	5 686 000	2 384 000	6 655 000
Total Current Assets	10 666 000	15 161 000	13 016 000	15 599 000
Total Assets	12 805 000	17 781 000	16 223 000	18 800 000
Total Equity	4 152 000	4 056 000	3 591 000	2 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	66 000
Creditors	2 251 000	5 217 000	4 561 000	3 482 000
Unpaid Taxes	1 554 000	1 324 000	1 956 000	1 481 000
Dividends	2 400 000	0	0	0
Other Current Debt	1 729 000	7 023 000	5 768 000	10 798 000
Total Current Debt	8 653 000	13 726 000	12 632 000	16 434 000
Total Equity and Debt	12 805 000	17 781 000	16 223 000	18 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,12 %	14,67 %	35,95 %	83,3 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	4,95 %	1,07 %	2,52 %	5,33 %
Current Ratio	1,23	1,1	1,03	0,95
Quick Ratio	1,31	1,25	1,09	0,99
Equity Ratio	0,32	0,23	0,22	0,12
Gross Profit Margin	73,91 %	75,28 %	76,01 %	80,19 %