RAYVN AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

−136,15 %

Current Ratio

3,15

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 524 000	9 442 000	8 950 000	4 347 000
Net Income	−25 735 000	−27 480 000	−13 980 000	−14 638 000
Total Assets	59 318 000	26 085 000	51 030 000	9 553 000
Total Equity	18 902 000	16 232 000	43 712 000	1 762 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 524 000	9 442 000	8 950 000	4 347 000
Expenditure	36 027 000	37 574 000	22 804 000	19 096 000
Operating Profit	−27 502 000	−28 132 000	−13 855 000	−14 750 000
Financial Income	1 944 000	795 000	317 000	199 000
Financial Costs	177 000	143 000	442 000	63 000
Financial Balance	1 767 000	652 000	−125 000	136 000
Earnings Before Tax	−25 735 000	−27 480 000	−13 980 000	−14 638 000
Tax	0	0	0	0
Net Income	−25 735 000	−27 480 000	−13 980 000	−14 638 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 165 000	13 645 000	8 787 000	5 730 000
Total Current Assets	35 153 000	12 440 000	42 243 000	3 823 000
Total Assets	59 318 000	26 085 000	51 030 000	9 553 000
Total Retained Equity	0	−56 157 000	−28 677 000	−14 697 000
Total Equity	18 902 000	16 232 000	43 712 000	1 762 000
Total Long-Term Debt	29 250 000	1 750 000	2 250 000	2 500 000
Total Current Debt	11 166 000	8 103 000	5 068 000	5 291 000
Total Equity and Debt	59 318 000	26 085 000	51 030 000	9 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 794 000	5 699 000	4 895 000	3 839 000
Other Income	730 000	3 744 000	4 055 000	508 000
Revenue	8 524 000	9 442 000	8 950 000	4 347 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 816 000	21 577 000	14 135 000	10 140 000
Depreciation	1 607 000	769 000	631 000	595 000
Impairment	0	0	0	0
Expenditure	36 027 000	37 574 000	22 804 000	19 096 000
Operating Profit	−27 502 000	−28 132 000	−13 855 000	−14 750 000
Financial Income	1 944 000	795 000	317 000	199 000
Financial Costs	177 000	143 000	442 000	63 000
Financial Balance	1 767 000	652 000	−125 000	136 000
Dividends	0	0	0	0
Net Income	−25 735 000	−27 480 000	−13 980 000	−14 638 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 318 000	1 500 000	2 020 000	2 540 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	466 000	572 000	236 000	296 000
Total Tangible Assets	466 000	572 000	236 000	296 000
Total Fiancial Fixed Assets	15 381 000	11 573 000	6 531 000	2 894 000
Total Fixed Assets	24 165 000	13 645 000	8 787 000	5 730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 866 000	8 207 000	38 844 000	1 161 000
Total Current Assets	35 153 000	12 440 000	42 243 000	3 823 000
Total Assets	59 318 000	26 085 000	51 030 000	9 553 000
Total Equity	18 902 000	16 232 000	43 712 000	1 762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 250 000	1 750 000	2 250 000	2 500 000
Creditors	1 994 000	782 000	31 000	726 000
Unpaid Taxes	1 980 000	1 832 000	1 346 000	1 184 000
Dividends	0	0	0	0
Other Current Debt	7 191 000	5 488 000	3 691 000	3 381 000
Total Current Debt	11 166 000	8 103 000	5 068 000	5 291 000
Total Equity and Debt	59 318 000	26 085 000	51 030 000	9 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,15 %	−169,3 %	−31,98 %	−830,76 %
Debt-to-Equity Ratio	1,55	0,11	0,05	1,42
Operating Profit Margin	−322,64 %	−297,95 %	−154,8 %	−339,31 %
Current Ratio	3,15	1,54	8,34	0,72
Quick Ratio	3,15	1,54	8,34	0,72
Equity Ratio	0,32	0,62	0,86	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %