RUST MOTOR COMPANY AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−146,33 %

Current Ratio

6,48

Debt-to-Equity Ratio

6,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 683 000	6 098 000	2 415 000
Net Income	−698 000	−362 000	82 000	−642 000
Total Assets	3 925 000	5 141 000	5 278 000	9 414 000
Total Equity	477 000	1 175 000	1 143 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 683 000	6 098 000	2 415 000
Expenditure	2 387 000	2 094 000	6 018 000	3 153 000
Operating Profit	−702 000	−412 000	80 000	−738 000
Financial Income	25 000	3 000	22 000	12 000
Financial Costs	48 000	56 000	42 000	48 000
Financial Balance	−23 000	−53 000	−20 000	−36 000
Earnings Before Tax	−725 000	−464 000	59 000	−773 000
Tax	−28 000	−102 000	−22 000	−131 000
Net Income	−698 000	−362 000	82 000	−642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	211 000	245 000	2 273 000
Total Current Assets	3 731 000	4 930 000	5 032 000	7 141 000
Total Assets	3 925 000	5 141 000	5 278 000	9 414 000
Total Retained Equity	377 000	1 075 000	1 043 000	817 000
Total Equity	477 000	1 175 000	1 143 000	917 000
Total Long-Term Debt	2 873 000	3 578 000	4 071 000	8 387 000
Total Current Debt	576 000	388 000	64 000	111 000
Total Equity and Debt	3 925 000	5 141 000	5 278 000	9 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 684 000	1 683 000	6 098 000	2 415 000
Other Income	0	0	0	0
Revenue	1 684 000	1 683 000	6 098 000	2 415 000
Cost of Goods Sold	1 530 000	1 475 000	5 368 000	2 386 000
Salary Costs	2 000	29 000	34 000	8 000
Depreciation	36 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	2 387 000	2 094 000	6 018 000	3 153 000
Operating Profit	−702 000	−412 000	80 000	−738 000
Financial Income	25 000	3 000	22 000	12 000
Financial Costs	48 000	56 000	42 000	48 000
Financial Balance	−23 000	−53 000	−20 000	−36 000
Dividends	0	0	0	0
Net Income	−698 000	−362 000	82 000	−642 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	34 000	41 000	48 000	55 000
Fixtures	160 000	170 000	197 000	2 218 000
Total Tangible Assets	195 000	211 000	245 000	2 273 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 000	211 000	245 000	2 273 000
Stock	3 264 000	3 859 000	3 573 000	5 348 000
Total Investments	0	0	0	0
Cash, Bank	2 000	59 000	851 000	3 000
Total Current Assets	3 731 000	4 930 000	5 032 000	7 141 000
Total Assets	3 925 000	5 141 000	5 278 000	9 414 000
Total Equity	477 000	1 175 000	1 143 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 873 000	3 578 000	4 071 000	8 387 000
Creditors	85 000	157 000	17 000	81 000
Unpaid Taxes	19 000	4 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	471 000	227 000	45 000	31 000
Total Current Debt	576 000	388 000	64 000	111 000
Total Equity and Debt	3 925 000	5 141 000	5 278 000	9 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−146,33 %	−30,81 %	7,17 %	−70,01 %
Debt-to-Equity Ratio	6,02	3,05	3,56	9,15
Operating Profit Margin	−41,69 %	−24,48 %	1,31 %	−30,56 %
Current Ratio	6,48	12,71	78,63	64,33
Quick Ratio	−1,39	−1,42	−1,43	−1,36
Equity Ratio	0,12	0,23	0,22	0,1
Gross Profit Margin	9,14 %	12,36 %	11,97 %	1,2 %