R AND R ASSOCIATES AS

4024 STAVANGER

Finances

Share Ownership

Return on Equity

71,62 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 352 000	1 377 000	1 401 000	1 188 000
Net Income	434 000	132 000	529 000	140 000
Total Assets	1 101 000	707 000	1 158 000	459 000
Total Equity	606 000	172 000	40 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 352 000	1 377 000	1 401 000	1 188 000
Expenditure	1 755 000	1 129 000	718 000	1 001 000
Operating Profit	597 000	248 000	683 000	187 000
Financial Income	0	0	0	0
Financial Costs	32 000	64 000	4 000	7 000
Financial Balance	−32 000	−64 000	−4 000	−7 000
Earnings Before Tax	565 000	184 000	679 000	180 000
Tax	131 000	52 000	150 000	40 000
Net Income	434 000	132 000	529 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 101 000	707 000	1 158 000	459 000
Total Assets	1 101 000	707 000	1 158 000	459 000
Total Retained Equity	576 000	142 000	10 000	0
Total Equity	606 000	172 000	40 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	495 000	536 000	1 119 000	428 000
Total Equity and Debt	1 101 000	707 000	1 158 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 352 000	1 377 000	1 401 000	1 188 000
Other Income	0	0	0	0
Revenue	2 352 000	1 377 000	1 401 000	1 188 000
Cost of Goods Sold	1 178 000	319 000	0	0
Salary Costs	5 000	306 000	206 000	318 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 755 000	1 129 000	718 000	1 001 000
Operating Profit	597 000	248 000	683 000	187 000
Financial Income	0	0	0	0
Financial Costs	32 000	64 000	4 000	7 000
Financial Balance	−32 000	−64 000	−4 000	−7 000
Dividends	0	0	520 000	452 000
Net Income	434 000	132 000	529 000	140 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	7 000	7 000	50 000	0
Cash, Bank	151 000	70 000	232 000	65 000
Total Current Assets	1 101 000	707 000	1 158 000	459 000
Total Assets	1 101 000	707 000	1 158 000	459 000
Total Equity	606 000	172 000	40 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	136 000	339 000	17 000	48 000
Unpaid Taxes	201 000	117 000	416 000	247 000
Dividends	0	0	520 000	452 000
Other Current Debt	28 000	28 000	16 000	93 000
Total Current Debt	495 000	536 000	1 119 000	428 000
Total Equity and Debt	1 101 000	707 000	1 158 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,62 %	76,74 %	1 322,5 %	466,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,38 %	18,01 %	48,75 %	15,74 %
Current Ratio	2,22	1,32	1,03	1,07
Quick Ratio	2,22	1,32	1,03	1,07
Equity Ratio	0,55	0,24	0,03	0,07
Gross Profit Margin	49,91 %	76,83 %	100 %	100 %