RAYCOM AS

5173 LODDEFJORD

Finances

Share Ownership

Return on Equity

23,3 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 909 000	1 631 000	1 282 000	1 228 000
Net Income	113 000	249 000	326 000	331 000
Total Assets	1 255 000	884 000	987 000	1 000 000
Total Equity	485 000	394 000	327 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 909 000	1 631 000	1 282 000	1 228 000
Expenditure	1 762 000	1 315 000	863 000	804 000
Operating Profit	146 000	316 000	418 000	423 000
Financial Income	1 000	4 000	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−1 000	4 000	0	1 000
Earnings Before Tax	144 000	320 000	419 000	424 000
Tax	32 000	70 000	92 000	93 000
Net Income	113 000	249 000	326 000	331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 255 000	884 000	987 000	1 000 000
Total Assets	1 255 000	884 000	987 000	1 000 000
Total Retained Equity	293 000	203 000	136 000	18 000
Total Equity	485 000	394 000	327 000	210 000
Total Long-Term Debt	1 000	0	1 000	0
Total Current Debt	770 000	490 000	659 000	790 000
Total Equity and Debt	1 255 000	884 000	987 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 908 000	1 631 000	1 281 000	1 228 000
Other Income	0	0	0	0
Revenue	1 909 000	1 631 000	1 282 000	1 228 000
Cost of Goods Sold	1 009 000	1 225 000	797 000	724 000
Salary Costs	508 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 762 000	1 315 000	863 000	804 000
Operating Profit	146 000	316 000	418 000	423 000
Financial Income	1 000	4 000	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−1 000	4 000	0	1 000
Dividends	0	0	0	0
Net Income	113 000	249 000	326 000	331 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	468 000	277 000	330 000	408 000
Total Investments	0	0	0	0
Cash, Bank	407 000	567 000	427 000	494 000
Total Current Assets	1 255 000	884 000	987 000	1 000 000
Total Assets	1 255 000	884 000	987 000	1 000 000
Total Equity	485 000	394 000	327 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	1 000	0
Creditors	152 000	4 000	21 000	13 000
Unpaid Taxes	126 000	29 000	41 000	67 000
Dividends	0	0	0	0
Other Current Debt	472 000	392 000	512 000	639 000
Total Current Debt	770 000	490 000	659 000	790 000
Total Equity and Debt	1 255 000	884 000	987 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,3 %	63,2 %	99,69 %	157,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,65 %	19,37 %	32,61 %	34,45 %
Current Ratio	1,63	1,8	1,5	1,27
Quick Ratio	4,16	4,15	3	2,62
Equity Ratio	0,39	0,45	0,33	0,21
Gross Profit Margin	47,15 %	24,89 %	37,83 %	41,04 %