RUTHO EIENDOM AS

4737 HORNNES

Finances

Return on Equity

12,13 %

Current Ratio

1,82

Debt-to-Equity Ratio

3,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	881 000	671 000	571 000	361 000
Net Income	203 000	476 000	303 000	126 000
Total Assets	8 071 000	6 772 000	6 617 000	6 111 000
Total Equity	1 674 000	1 471 000	1 091 000	1 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	881 000	671 000	571 000	361 000
Expenditure	465 000	415 000	152 000	110 000
Operating Profit	415 000	257 000	419 000	250 000
Financial Income	57 000	425 000	64 000	0
Financial Costs	215 000	189 000	88 000	93 000
Financial Balance	−158 000	236 000	−24 000	−93 000
Earnings Before Tax	258 000	493 000	394 000	157 000
Tax	54 000	17 000	92 000	31 000
Net Income	203 000	476 000	303 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 049 000	5 017 000	5 291 000	5 382 000
Total Current Assets	2 022 000	1 755 000	1 326 000	729 000
Total Assets	8 071 000	6 772 000	6 617 000	6 111 000
Total Retained Equity	1 638 000	1 435 000	1 055 000	972 000
Total Equity	1 674 000	1 471 000	1 091 000	1 008 000
Total Long-Term Debt	5 283 000	4 258 000	4 495 000	1 892 000
Total Current Debt	1 114 000	1 043 000	1 031 000	3 211 000
Total Equity and Debt	8 071 000	6 772 000	6 617 000	6 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 000	0	16 000	0
Other Income	723 000	671 000	554 000	361 000
Revenue	881 000	671 000	571 000	361 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	141 000	98 000	97 000	56 000
Impairment	0	0	0	0
Expenditure	465 000	415 000	152 000	110 000
Operating Profit	415 000	257 000	419 000	250 000
Financial Income	57 000	425 000	64 000	0
Financial Costs	215 000	189 000	88 000	93 000
Financial Balance	−158 000	236 000	−24 000	−93 000
Dividends	0	0	0	0
Net Income	203 000	476 000	303 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	4 869 000	3 854 000	3 767 000	3 904 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	30 000	0	0
Total Tangible Assets	4 893 000	3 885 000	3 767 000	3 904 000
Total Fiancial Fixed Assets	1 156 000	1 133 000	1 525 000	1 461 000
Total Fixed Assets	6 049 000	5 017 000	5 291 000	5 382 000
Stock	0	158 000	158 000	0
Total Investments	0	0	0	0
Cash, Bank	713 000	1 370 000	618 000	405 000
Total Current Assets	2 022 000	1 755 000	1 326 000	729 000
Total Assets	8 071 000	6 772 000	6 617 000	6 111 000
Total Equity	1 674 000	1 471 000	1 091 000	1 008 000
Short-Term Group Debt	431 000	123 000	282 000	177 000
Total Long-Term Debt	5 283 000	4 258 000	4 495 000	1 892 000
Creditors	376 000	2 000	45 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	250 000	918 000	704 000	3 034 000
Total Current Debt	1 114 000	1 043 000	1 031 000	3 211 000
Total Equity and Debt	8 071 000	6 772 000	6 617 000	6 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,13 %	32,36 %	27,77 %	12,5 %
Debt-to-Equity Ratio	3,16	2,89	4,12	1,88
Operating Profit Margin	47,11 %	38,3 %	73,38 %	69,25 %
Current Ratio	1,82	1,68	1,29	0,23
Quick Ratio	1,82	1,98	1,52	0,23
Equity Ratio	0,21	0,22	0,16	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %