RAGNAR HARTVIG AS

3474 ÅROS

Finances

Return on Equity

50,04 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 152 000	2 935 000	2 788 000	2 419 000
Net Income	574 000	893 000	736 000	416 000
Total Assets	2 374 000	2 152 000	1 711 000	1 379 000
Total Equity	1 147 000	873 000	430 000	244 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 152 000	2 935 000	2 788 000	2 419 000
Expenditure	2 399 000	1 937 000	1 831 000	1 869 000
Operating Profit	753 000	999 000	957 000	550 000
Financial Income	31 000	92 000	23 000	8 000
Financial Costs	52 000	8 000	8 000	5 000
Financial Balance	−21 000	84 000	15 000	3 000
Earnings Before Tax	731 000	1 083 000	971 000	553 000
Tax	157 000	190 000	235 000	137 000
Net Income	574 000	893 000	736 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 117 000	917 000	413 000	552 000
Total Current Assets	1 256 000	1 235 000	1 298 000	827 000
Total Assets	2 374 000	2 152 000	1 711 000	1 379 000
Total Retained Equity	1 047 000	773 000	330 000	144 000
Total Equity	1 147 000	873 000	430 000	244 000
Total Long-Term Debt	586 000	396 000	197 000	240 000
Total Current Debt	640 000	883 000	1 084 000	894 000
Total Equity and Debt	2 374 000	2 152 000	1 711 000	1 379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 963 000	2 735 000	2 788 000	2 377 000
Other Income	188 000	200 000	0	42 000
Revenue	3 152 000	2 935 000	2 788 000	2 419 000
Cost of Goods Sold	741 000	614 000	607 000	522 000
Salary Costs	947 000	756 000	756 000	795 000
Depreciation	264 000	220 000	171 000	165 000
Impairment	0	0	0	0
Expenditure	2 399 000	1 937 000	1 831 000	1 869 000
Operating Profit	753 000	999 000	957 000	550 000
Financial Income	31 000	92 000	23 000	8 000
Financial Costs	52 000	8 000	8 000	5 000
Financial Balance	−21 000	84 000	15 000	3 000
Dividends	300 000	450 000	550 000	400 000
Net Income	574 000	893 000	736 000	416 000

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	0	0	0	0
Fixtures	1 097 000	897 000	393 000	532 000
Total Tangible Assets	1 097 000	897 000	393 000	532 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 117 000	917 000	413 000	552 000
Stock	0	0	0	0
Total Investments	772 000	601 000	720 000	0
Cash, Bank	466 000	491 000	515 000	587 000
Total Current Assets	1 256 000	1 235 000	1 298 000	827 000
Total Assets	2 374 000	2 152 000	1 711 000	1 379 000
Total Equity	1 147 000	873 000	430 000	244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	586 000	396 000	197 000	240 000
Creditors	−3 000	7 000	32 000	41 000
Unpaid Taxes	125 000	178 000	145 000	127 000
Dividends	300 000	450 000	550 000	400 000
Other Current Debt	72 000	58 000	122 000	190 000
Total Current Debt	640 000	883 000	1 084 000	894 000
Total Equity and Debt	2 374 000	2 152 000	1 711 000	1 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,04 %	102,29 %	171,16 %	170,49 %
Debt-to-Equity Ratio	0,51	0,45	0,46	0,98
Operating Profit Margin	23,89 %	34,04 %	34,33 %	22,74 %
Current Ratio	1,96	1,4	1,2	0,93
Quick Ratio	1,96	1,4	1,2	0,93
Equity Ratio	0,48	0,41	0,25	0,18
Gross Profit Margin	76,49 %	79,08 %	78,23 %	78,42 %