RACEINVEST AS

4051 SOLA

Finances

Return on Equity

−120,28 %

Current Ratio

101

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−255 000	−252 000	−116 000	−237 000
Total Assets	213 000	466 000	868 000	1 135 000
Total Equity	212 000	466 000	868 000	1 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	9 000	8 000	23 000	22 000
Operating Profit	−9 000	−8 000	−23 000	−22 000
Financial Income	0	1 000	21 000	14 000
Financial Costs	245 000	244 000	115 000	229 000
Financial Balance	−245 000	−243 000	−94 000	−215 000
Earnings Before Tax	−255 000	−252 000	−116 000	−237 000
Tax	0	0	0	0
Net Income	−255 000	−252 000	−116 000	−237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	338 000	569 000	569 000
Total Current Assets	101 000	128 000	299 000	566 000
Total Assets	213 000	466 000	868 000	1 135 000
Total Retained Equity	95 000	350 000	751 000	1 018 000
Total Equity	212 000	466 000	868 000	1 135 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	0	0	0
Total Equity and Debt	213 000	466 000	868 000	1 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	8 000	23 000	22 000
Operating Profit	−9 000	−8 000	−23 000	−22 000
Financial Income	0	1 000	21 000	14 000
Financial Costs	245 000	244 000	115 000	229 000
Financial Balance	−245 000	−243 000	−94 000	−215 000
Dividends	0	0	0	0
Net Income	−255 000	−252 000	−116 000	−237 000

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	112 000	338 000	569 000	569 000
Total Fixed Assets	112 000	338 000	569 000	569 000
Stock	0	0	0	0
Total Investments	73 000	93 000	106 000	212 000
Cash, Bank	28 000	36 000	194 000	354 000
Total Current Assets	101 000	128 000	299 000	566 000
Total Assets	213 000	466 000	868 000	1 135 000
Total Equity	212 000	466 000	868 000	1 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	0	0
Total Equity and Debt	213 000	466 000	868 000	1 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120,28 %	−54,08 %	−13,36 %	−20,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	101	-	-	-
Quick Ratio	101	-	-	-
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-