RÅDE TOMTEUTVIKLINGSSELSKAP AS

0668 OSLO

Finances

Share Ownership

Return on Equity

72,9 %

Current Ratio

3,28

Debt-to-Equity Ratio

2,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 111 000	12 898 000	3 196 000	731 000
Net Income	11 953 000	−651 000	−434 000	−444 000
Total Assets	70 081 000	48 598 000	22 527 000	18 956 000
Total Equity	16 397 000	4 444 000	4 444 000	4 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 111 000	12 898 000	3 196 000	731 000
Expenditure	17 496 000	13 130 000	3 273 000	735 000
Operating Profit	16 615 000	−232 000	−77 000	−4 000
Financial Income	7 000	0	0	0
Financial Costs	1 298 000	419 000	357 000	440 000
Financial Balance	−1 291 000	−419 000	−357 000	−440 000
Earnings Before Tax	15 324 000	−651 000	−434 000	−444 000
Tax	3 371 000	0	0	0
Net Income	11 953 000	−651 000	−434 000	−444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 060 000	34 074 000	20 563 000	17 402 000
Total Current Assets	31 021 000	14 524 000	1 964 000	1 554 000
Total Assets	70 081 000	48 598 000	22 527 000	18 956 000
Total Retained Equity	13 850 000	1 898 000	1 898 000	1 898 000
Total Equity	16 397 000	4 444 000	4 444 000	4 444 000
Total Long-Term Debt	44 234 000	20 318 000	16 643 000	14 220 000
Total Current Debt	9 451 000	23 836 000	1 440 000	293 000
Total Equity and Debt	70 081 000	48 598 000	22 527 000	18 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 111 000	12 898 000	3 196 000	682 000
Other Income	0	0	0	49 000
Revenue	34 111 000	12 898 000	3 196 000	731 000
Cost of Goods Sold	16 127 000	12 897 000	3 196 000	682 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 496 000	13 130 000	3 273 000	735 000
Operating Profit	16 615 000	−232 000	−77 000	−4 000
Financial Income	7 000	0	0	0
Financial Costs	1 298 000	419 000	357 000	440 000
Financial Balance	−1 291 000	−419 000	−357 000	−440 000
Dividends	0	0	0	0
Net Income	11 953 000	−651 000	−434 000	−444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 780 000	34 074 000	20 563 000	17 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 780 000	34 074 000	20 563 000	17 402 000
Total Fiancial Fixed Assets	20 280 000	0	0	0
Total Fixed Assets	39 060 000	34 074 000	20 563 000	17 402 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	240 000	86 000	197 000	92 000
Total Current Assets	31 021 000	14 524 000	1 964 000	1 554 000
Total Assets	70 081 000	48 598 000	22 527 000	18 956 000
Total Equity	16 397 000	4 444 000	4 444 000	4 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 234 000	20 318 000	16 643 000	14 220 000
Creditors	5 623 000	23 489 000	1 092 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	456 000	347 000	348 000	267 000
Total Current Debt	9 451 000	23 836 000	1 440 000	293 000
Total Equity and Debt	70 081 000	48 598 000	22 527 000	18 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,9 %	−14,65 %	−9,77 %	−9,99 %
Debt-to-Equity Ratio	2,7	4,57	3,75	3,2
Operating Profit Margin	48,71 %	−1,8 %	−2,41 %	−0,55 %
Current Ratio	3,28	0,61	1,36	5,3
Quick Ratio	3,28	0,61	1,36	5,3
Equity Ratio	0,23	0,09	0,2	0,23
Gross Profit Margin	52,72 %	0,01 %	0 %	6,7 %