RATH AS

4032 STAVANGER

Finances

Return on Equity

11,49 %

Current Ratio

5,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	910 000	397 000	356 000
Net Income	152 000	326 000	78 000	40 000
Total Assets	1 517 000	1 630 000	1 255 000	1 040 000
Total Equity	1 323 000	1 171 000	945 000	868 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	910 000	397 000	356 000
Expenditure	228 000	514 000	305 000	305 000
Operating Profit	63 000	397 000	92 000	52 000
Financial Income	127 000	17 000	7 000	1 000
Financial Costs	23 000	0	0	1 000
Financial Balance	104 000	17 000	7 000	0
Earnings Before Tax	167 000	414 000	99 000	51 000
Tax	15 000	88 000	21 000	11 000
Net Income	152 000	326 000	78 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	510 000	510 000	176 000
Total Current Assets	1 007 000	1 120 000	745 000	864 000
Total Assets	1 517 000	1 630 000	1 255 000	1 040 000
Total Retained Equity	1 123 000	971 000	745 000	0
Total Equity	1 323 000	1 171 000	945 000	868 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	194 000	459 000	310 000	172 000
Total Equity and Debt	1 517 000	1 630 000	1 255 000	1 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	291 000	910 000	397 000	356 000
Other Income	0	0	0	0
Revenue	291 000	910 000	397 000	356 000
Cost of Goods Sold	0	0	0	0
Salary Costs	207 000	473 000	278 000	278 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	228 000	514 000	305 000	305 000
Operating Profit	63 000	397 000	92 000	52 000
Financial Income	127 000	17 000	7 000	1 000
Financial Costs	23 000	0	0	1 000
Financial Balance	104 000	17 000	7 000	0
Dividends	0	100 000	0	0
Net Income	152 000	326 000	78 000	40 000

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	510 000	510 000	510 000	176 000
Total Fixed Assets	510 000	510 000	510 000	176 000
Stock	0	0	0	0
Total Investments	136 000	214 000	139 000	0
Cash, Bank	745 000	889 000	420 000	844 000
Total Current Assets	1 007 000	1 120 000	745 000	864 000
Total Assets	1 517 000	1 630 000	1 255 000	1 040 000
Total Equity	1 323 000	1 171 000	945 000	868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	1 000	0
Unpaid Taxes	85 000	266 000	148 000	90 000
Dividends	0	100 000	0	0
Other Current Debt	88 000	105 000	140 000	71 000
Total Current Debt	194 000	459 000	310 000	172 000
Total Equity and Debt	1 517 000	1 630 000	1 255 000	1 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	27,84 %	8,25 %	4,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,65 %	43,63 %	23,17 %	14,61 %
Current Ratio	5,19	2,44	2,4	5,02
Quick Ratio	5,19	2,44	2,4	5,02
Equity Ratio	0,87	0,72	0,75	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %