RAABAKK MANUFACTURING AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−449,27 %

Current Ratio

1,03

Debt-to-Equity Ratio

11,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 905 000	8 910 000	9 638 000	7 786 000
Net Income	−921 000	−208 000	471 000	386 000
Total Assets	7 248 000	5 095 000	4 645 000	3 543 000
Total Equity	205 000	857 000	915 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 905 000	8 910 000	9 638 000	7 786 000
Expenditure	11 987 000	9 106 000	9 007 000	7 254 000
Operating Profit	−1 082 000	−195 000	630 000	532 000
Financial Income	18 000	11 000	23 000	5 000
Financial Costs	116 000	37 000	48 000	42 000
Financial Balance	−98 000	−26 000	−25 000	−37 000
Earnings Before Tax	−1 180 000	−221 000	605 000	494 000
Tax	−259 000	−14 000	134 000	109 000
Net Income	−921 000	−208 000	471 000	386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 467 000	1 213 000	1 471 000	973 000
Total Current Assets	4 781 000	3 882 000	3 174 000	2 570 000
Total Assets	7 248 000	5 095 000	4 645 000	3 543 000
Total Retained Equity	147 000	799 000	857 000	386 000
Total Equity	205 000	857 000	915 000	444 000
Total Long-Term Debt	2 391 000	1 969 000	2 029 000	1 513 000
Total Current Debt	4 652 000	2 269 000	1 702 000	1 586 000
Total Equity and Debt	7 248 000	5 095 000	4 645 000	3 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 905 000	8 910 000	9 638 000	7 781 000
Other Income	0	0	0	4 000
Revenue	10 905 000	8 910 000	9 638 000	7 786 000
Cost of Goods Sold	2 297 000	648 000	1 124 000	271 000
Salary Costs	3 229 000	3 355 000	3 761 000	2 926 000
Depreciation	433 000	362 000	350 000	261 000
Impairment	0	0	0	0
Expenditure	11 987 000	9 106 000	9 007 000	7 254 000
Operating Profit	−1 082 000	−195 000	630 000	532 000
Financial Income	18 000	11 000	23 000	5 000
Financial Costs	116 000	37 000	48 000	42 000
Financial Balance	−98 000	−26 000	−25 000	−37 000
Dividends	0	0	0	0
Net Income	−921 000	−208 000	471 000	386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	16 000	32 000	48 000
Total Intangible Assets	155 000	16 000	32 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	965 000	357 000	0	0
Fixtures	1 347 000	840 000	1 439 000	925 000
Total Tangible Assets	2 312 000	1 197 000	1 439 000	925 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 467 000	1 213 000	1 471 000	973 000
Stock	3 199 000	3 388 000	2 475 000	2 396 000
Total Investments	0	0	0	0
Cash, Bank	125 000	208 000	301 000	38 000
Total Current Assets	4 781 000	3 882 000	3 174 000	2 570 000
Total Assets	7 248 000	5 095 000	4 645 000	3 543 000
Total Equity	205 000	857 000	915 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 391 000	1 969 000	2 029 000	1 513 000
Creditors	2 280 000	1 202 000	387 000	354 000
Unpaid Taxes	618 000	290 000	630 000	274 000
Dividends	0	0	0	0
Other Current Debt	1 302 000	776 000	562 000	958 000
Total Current Debt	4 652 000	2 269 000	1 702 000	1 586 000
Total Equity and Debt	7 248 000	5 095 000	4 645 000	3 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−449,27 %	−24,27 %	51,48 %	86,94 %
Debt-to-Equity Ratio	11,66	2,3	2,22	3,41
Operating Profit Margin	−9,92 %	−2,19 %	6,54 %	6,83 %
Current Ratio	1,03	1,71	1,86	1,62
Quick Ratio	3,29	−3,47	−4,11	−3,17
Equity Ratio	0,03	0,17	0,2	0,13
Gross Profit Margin	78,94 %	92,73 %	88,34 %	96,52 %