RACKIT AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−153,96 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 249 000	14 891 000	6 337 000	4 142 000
Net Income	−5 030 000	−7 181 000	−9 499 000	−7 534 000
Total Assets	6 659 000	6 540 000	4 957 000	14 524 000
Total Equity	3 267 000	397 000	−1 221 000	8 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 249 000	14 891 000	6 337 000	4 142 000
Expenditure	14 121 000	21 918 000	15 626 000	11 317 000
Operating Profit	−4 873 000	−7 026 000	−9 288 000	−7 174 000
Financial Income	2 000	26 000	28 000	23 000
Financial Costs	159 000	181 000	239 000	384 000
Financial Balance	−157 000	−155 000	−211 000	−361 000
Earnings Before Tax	−5 030 000	−7 181 000	−9 499 000	−7 534 000
Tax	0	0	0	0
Net Income	−5 030 000	−7 181 000	−9 499 000	−7 534 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	282 000	666 000	831 000	1 344 000
Total Current Assets	6 377 000	5 873 000	4 126 000	13 180 000
Total Assets	6 659 000	6 540 000	4 957 000	14 524 000
Total Retained Equity	0	0	−1 376 000	0
Total Equity	3 267 000	397 000	−1 221 000	8 278 000
Total Long-Term Debt	1 375 000	4 471 000	2 125 000	2 375 000
Total Current Debt	2 018 000	1 672 000	4 053 000	3 871 000
Total Equity and Debt	6 659 000	6 540 000	4 957 000	14 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 153 000	14 891 000	6 337 000	4 142 000
Other Income	96 000	0	0	0
Revenue	9 249 000	14 891 000	6 337 000	4 142 000
Cost of Goods Sold	7 394 000	13 786 000	6 330 000	2 970 000
Salary Costs	4 424 000	5 078 000	5 701 000	5 248 000
Depreciation	465 000	483 000	660 000	810 000
Impairment	0	0	0	0
Expenditure	14 121 000	21 918 000	15 626 000	11 317 000
Operating Profit	−4 873 000	−7 026 000	−9 288 000	−7 174 000
Financial Income	2 000	26 000	28 000	23 000
Financial Costs	159 000	181 000	239 000	384 000
Financial Balance	−157 000	−155 000	−211 000	−361 000
Dividends	0	0	0	0
Net Income	−5 030 000	−7 181 000	−9 499 000	−7 534 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	666 000	809 000	1 230 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	22 000	114 000
Total Tangible Assets	0	0	22 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	282 000	666 000	831 000	1 344 000
Stock	329 000	329 000	2 703 000	3 433 000
Total Investments	0	0	0	0
Cash, Bank	5 002 000	2 194 000	776 000	8 609 000
Total Current Assets	6 377 000	5 873 000	4 126 000	13 180 000
Total Assets	6 659 000	6 540 000	4 957 000	14 524 000
Total Equity	3 267 000	397 000	−1 221 000	8 278 000
Short-Term Group Debt	0	0	2 596 000	96 000
Total Long-Term Debt	1 375 000	4 471 000	2 125 000	2 375 000
Creditors	734 000	688 000	532 000	381 000
Unpaid Taxes	162 000	331 000	298 000	338 000
Dividends	0	0	0	0
Other Current Debt	1 121 000	654 000	627 000	3 057 000
Total Current Debt	2 018 000	1 672 000	4 053 000	3 871 000
Total Equity and Debt	6 659 000	6 540 000	4 957 000	14 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−153,96 %	−1 808,82 %	777,97 %	−91,01 %
Debt-to-Equity Ratio	0,42	11,26	−1,74	0,29
Operating Profit Margin	−52,69 %	−47,18 %	−146,57 %	−173,2 %
Current Ratio	3,16	3,51	1,02	3,4
Quick Ratio	3,78	4,37	3,06	30,09
Equity Ratio	0,49	0,06	−0,25	0,57
Gross Profit Margin	20,06 %	7,42 %	0,11 %	28,3 %