RAKKESTAD BIOVARME AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

284,85 %

Current Ratio

1,87

Debt-to-Equity Ratio

−23,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 861 000	1 286 000	728 000	1 068 000
Net Income	−282 000	76 000	−85 000	73 000
Total Assets	3 153 000	2 336 000	1 472 000	1 626 000
Total Equity	−99 000	183 000	107 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 861 000	1 286 000	728 000	1 068 000
Expenditure	2 143 000	1 190 000	838 000	974 000
Operating Profit	−281 000	95 000	−111 000	93 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	8 000	0	0	2 000
Financial Balance	−6 000	2 000	2 000	0
Earnings Before Tax	−287 000	97 000	−108 000	94 000
Tax	−5 000	21 000	−24 000	21 000
Net Income	−282 000	76 000	−85 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 449 000	780 000	345 000	410 000
Total Current Assets	1 705 000	1 556 000	1 127 000	1 216 000
Total Assets	3 153 000	2 336 000	1 472 000	1 626 000
Total Retained Equity	−199 000	83 000	7 000	92 000
Total Equity	−99 000	183 000	107 000	192 000
Total Long-Term Debt	2 342 000	1 697 000	1 042 000	1 066 000
Total Current Debt	910 000	456 000	323 000	369 000
Total Equity and Debt	3 153 000	2 336 000	1 472 000	1 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 861 000	1 286 000	728 000	1 068 000
Other Income	0	0	0	0
Revenue	1 861 000	1 286 000	728 000	1 068 000
Cost of Goods Sold	1 629 000	875 000	605 000	641 000
Salary Costs	0	0	0	0
Depreciation	119 000	65 000	65 000	65 000
Impairment	0	0	0	0
Expenditure	2 143 000	1 190 000	838 000	974 000
Operating Profit	−281 000	95 000	−111 000	93 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	8 000	0	0	2 000
Financial Balance	−6 000	2 000	2 000	0
Dividends	0	0	0	0
Net Income	−282 000	76 000	−85 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	169 000	184 000	200 000	215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 280 000	596 000	145 000	195 000
Total Tangible Assets	1 449 000	780 000	345 000	410 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 449 000	780 000	345 000	410 000
Stock	28 000	10 000	67 000	60 000
Total Investments	0	0	0	0
Cash, Bank	86 000	530 000	334 000	102 000
Total Current Assets	1 705 000	1 556 000	1 127 000	1 216 000
Total Assets	3 153 000	2 336 000	1 472 000	1 626 000
Total Equity	−99 000	183 000	107 000	192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 342 000	1 697 000	1 042 000	1 066 000
Creditors	630 000	213 000	204 000	187 000
Unpaid Taxes	259 000	227 000	111 000	147 000
Dividends	0	0	0	0
Other Current Debt	21 000	0	8 000	33 000
Total Current Debt	910 000	456 000	323 000	369 000
Total Equity and Debt	3 153 000	2 336 000	1 472 000	1 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	284,85 %	41,53 %	−79,44 %	38,02 %
Debt-to-Equity Ratio	−23,66	9,27	9,74	5,55
Operating Profit Margin	−15,1 %	7,39 %	−15,25 %	8,71 %
Current Ratio	1,87	3,41	3,49	3,3
Quick Ratio	1,93	3,49	4,4	3,94
Equity Ratio	−0,03	0,08	0,07	0,12
Gross Profit Margin	12,47 %	31,96 %	16,9 %	39,98 %