RØNNES AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

26,13 %

Current Ratio

7,12

Debt-to-Equity Ratio

108,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 198 000	4 617 000	372 000	244 000
Net Income	29 000	−29 000	−270 000	−543 000
Total Assets	13 171 000	19 662 000	23 941 000	16 941 000
Total Equity	111 000	83 000	111 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 198 000	4 617 000	372 000	244 000
Expenditure	7 143 000	4 435 000	467 000	567 000
Operating Profit	55 000	182 000	−96 000	−323 000
Financial Income	1 000	0	0	4 000
Financial Costs	19 000	219 000	251 000	223 000
Financial Balance	−18 000	−219 000	−251 000	−219 000
Earnings Before Tax	37 000	−37 000	−347 000	−543 000
Tax	8 000	−8 000	−76 000	0
Net Income	29 000	−29 000	−270 000	−543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 625 000	5 633 000	5 625 000	0
Total Current Assets	7 546 000	14 028 000	18 316 000	16 941 000
Total Assets	13 171 000	19 662 000	23 941 000	16 941 000
Total Retained Equity	11 000	−17 000	0	0
Total Equity	111 000	83 000	111 000	111 000
Total Long-Term Debt	12 000 000	8 421 000	12 604 000	7 373 000
Total Current Debt	1 060 000	11 158 000	11 226 000	9 458 000
Total Equity and Debt	13 171 000	19 662 000	23 941 000	16 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 850 000	4 200 000	0	0
Other Income	348 000	417 000	372 000	244 000
Revenue	7 198 000	4 617 000	372 000	244 000
Cost of Goods Sold	6 525 000	4 000 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 143 000	4 435 000	467 000	567 000
Operating Profit	55 000	182 000	−96 000	−323 000
Financial Income	1 000	0	0	4 000
Financial Costs	19 000	219 000	251 000	223 000
Financial Balance	−18 000	−219 000	−251 000	−219 000
Dividends	0	0	0	0
Net Income	29 000	−29 000	−270 000	−543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	0	0
Real Eastate	5 625 000	5 625 000	5 625 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 625 000	5 625 000	5 625 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 625 000	5 633 000	5 625 000	0
Stock	7 489 000	13 935 000	17 903 000	16 386 000
Total Investments	0	0	0	0
Cash, Bank	26 000	71 000	45 000	1 000
Total Current Assets	7 546 000	14 028 000	18 316 000	16 941 000
Total Assets	13 171 000	19 662 000	23 941 000	16 941 000
Total Equity	111 000	83 000	111 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000 000	8 421 000	12 604 000	7 373 000
Creditors	5 000	11 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 055 000	11 146 000	11 224 000	9 458 000
Total Current Debt	1 060 000	11 158 000	11 226 000	9 458 000
Total Equity and Debt	13 171 000	19 662 000	23 941 000	16 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,13 %	−34,94 %	−243,24 %	−489,19 %
Debt-to-Equity Ratio	108,11	101,46	113,55	66,42
Operating Profit Margin	0,76 %	3,94 %	−25,81 %	−132,38 %
Current Ratio	7,12	1,26	1,63	1,79
Quick Ratio	−1,17	−5,05	−2,74	−2,45
Equity Ratio	0,01	0	0	0,01
Gross Profit Margin	9,35 %	13,36 %	100 %	100 %