RAKO AS

4334 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−1 600 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	3 294 000	1 117 000	730 000	816 000
Net Income	−128 000	−182 000	40 000	−54 000
Total Assets	432 000	392 000	152 000	106 000
Total Equity	8 000	−166 000	16 000	−24 000

Income (NOK)	2020	2019	2018	2017
Revenue	3 294 000	1 117 000	730 000	816 000
Expenditure	3 422 000	1 299 000	689 000	870 000
Operating Profit	−128 000	−182 000	40 000	−54 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−128 000	−182 000	40 000	−54 000
Tax	0	0	0	0
Net Income	−128 000	−182 000	40 000	−54 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	45 000	77 000	0	0
Total Current Assets	387 000	314 000	152 000	106 000
Total Assets	432 000	392 000	152 000	106 000
Total Retained Equity	−22 000	−196 000	−14 000	−54 000
Total Equity	8 000	−166 000	16 000	−24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	423 000	558 000	136 000	130 000
Total Equity and Debt	432 000	392 000	152 000	106 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	3 294 000	1 117 000	729 000	816 000
Other Income	0	0	0	0
Revenue	3 294 000	1 117 000	730 000	816 000
Cost of Goods Sold	480 000	133 000	621 000	747 000
Salary Costs	1 411 000	800 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 422 000	1 299 000	689 000	870 000
Operating Profit	−128 000	−182 000	40 000	−54 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−128 000	−182 000	40 000	−54 000

Balance details (NOK)	2020	2019	2018	2017
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	44 000	77 000	0	0
Total Tangible Assets	45 000	77 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	77 000	0	0
Stock	1 000	1 000	0	0
Total Investments	0	0	0	0
Cash, Bank	242 000	304 000	7 000	93 000
Total Current Assets	387 000	314 000	152 000	106 000
Total Assets	432 000	392 000	152 000	106 000
Total Equity	8 000	−166 000	16 000	−24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	374 000	0	0
Unpaid Taxes	96 000	13 000	17 000	11 000
Dividends	0	0	0	0
Other Current Debt	328 000	170 000	119 000	119 000
Total Current Debt	423 000	558 000	136 000	130 000
Total Equity and Debt	432 000	392 000	152 000	106 000

Financial indicators	2020	2019	2018	2017
Return on Equity	−1 600 %	109,64 %	250 %	225 %
Debt-to-Equity Ratio	0	−0	0	−0
Operating Profit Margin	−3,89 %	−16,29 %	5,48 %	−6,62 %
Current Ratio	0,91	0,56	1,12	0,82
Quick Ratio	0,92	0,56	1,12	0,82
Equity Ratio	0,02	−0,42	0,11	−0,23
Gross Profit Margin	85,43 %	88,09 %	14,93 %	8,46 %