RONALDS RØR & SVEICESERVICE AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

−15,14 %

Current Ratio

0,21

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 770 000	2 972 000	1 257 000
Net Income	−68 000	−42 000	216 000	25 000
Total Assets	1 375 000	1 075 000	1 122 000	804 000
Total Equity	449 000	517 000	560 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 770 000	2 972 000	1 257 000
Expenditure	1 426 000	1 894 000	2 693 000	1 208 000
Operating Profit	−16 000	−124 000	279 000	49 000
Financial Income	27 000	28 000	12 000	13 000
Financial Costs	38 000	11 000	12 000	30 000
Financial Balance	−11 000	17 000	0	−17 000
Earnings Before Tax	−27 000	−107 000	279 000	32 000
Tax	42 000	−65 000	63 000	7 000
Net Income	−68 000	−42 000	216 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 317 000	785 000	802 000	733 000
Total Current Assets	58 000	290 000	321 000	71 000
Total Assets	1 375 000	1 075 000	1 122 000	804 000
Total Retained Equity	419 000	487 000	530 000	313 000
Total Equity	449 000	517 000	560 000	343 000
Total Long-Term Debt	650 000	104 000	0	9 000
Total Current Debt	276 000	454 000	563 000	452 000
Total Equity and Debt	1 375 000	1 075 000	1 122 000	804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 359 000	1 770 000	2 972 000	1 257 000
Other Income	52 000	0	0	0
Revenue	1 411 000	1 770 000	2 972 000	1 257 000
Cost of Goods Sold	606 000	862 000	1 736 000	535 000
Salary Costs	442 000	694 000	643 000	404 000
Depreciation	30 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	1 426 000	1 894 000	2 693 000	1 208 000
Operating Profit	−16 000	−124 000	279 000	49 000
Financial Income	27 000	28 000	12 000	13 000
Financial Costs	38 000	11 000	12 000	30 000
Financial Balance	−11 000	17 000	0	−17 000
Dividends	0	0	0	0
Net Income	−68 000	−42 000	216 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	18 000	0	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	581 000	15 000	0	0
Total Tangible Assets	581 000	15 000	0	0
Total Fiancial Fixed Assets	712 000	752 000	802 000	717 000
Total Fixed Assets	1 317 000	785 000	802 000	733 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	0	110 000	19 000
Total Current Assets	58 000	290 000	321 000	71 000
Total Assets	1 375 000	1 075 000	1 122 000	804 000
Total Equity	449 000	517 000	560 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	104 000	0	9 000
Creditors	91 000	105 000	263 000	180 000
Unpaid Taxes	64 000	97 000	202 000	38 000
Dividends	0	0	0	0
Other Current Debt	53 000	77 000	50 000	31 000
Total Current Debt	276 000	454 000	563 000	452 000
Total Equity and Debt	1 375 000	1 075 000	1 122 000	804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,14 %	−8,12 %	38,57 %	7,29 %
Debt-to-Equity Ratio	1,45	0,2	0	0,03
Operating Profit Margin	−1,13 %	−7,01 %	9,39 %	3,9 %
Current Ratio	0,21	0,64	0,57	0,16
Quick Ratio	0,21	0,64	0,57	0,16
Equity Ratio	0,33	0,48	0,5	0,43
Gross Profit Margin	57,05 %	51,3 %	41,59 %	57,44 %