RAYWIZ AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−84,7 %

Current Ratio

4,77

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	458 000	785 000	1 201 000
Net Income	−1 129 000	−757 000	383 000	−133 000
Total Assets	1 654 000	1 422 000	1 551 000	785 000
Total Equity	1 333 000	813 000	569 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	458 000	785 000	1 201 000
Expenditure	1 419 000	1 212 000	339 000	1 334 000
Operating Profit	−1 130 000	−754 000	445 000	−133 000
Financial Income	0	0	1 000	0
Financial Costs	0	3 000	3 000	0
Financial Balance	0	−3 000	−2 000	0
Earnings Before Tax	−1 129 000	−757 000	443 000	−133 000
Tax	0	0	60 000	0
Net Income	−1 129 000	−757 000	383 000	−133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	729 000	994 000	881 000	584 000
Total Current Assets	925 000	427 000	670 000	201 000
Total Assets	1 654 000	1 422 000	1 551 000	785 000
Total Retained Equity	0	0	469 000	87 000
Total Equity	1 333 000	813 000	569 000	187 000
Total Long-Term Debt	127 000	176 000	158 000	109 000
Total Current Debt	194 000	433 000	824 000	490 000
Total Equity and Debt	1 654 000	1 422 000	1 551 000	785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	420 000	826 000	1 191 000
Other Income	50 000	38 000	−41 000	10 000
Revenue	290 000	458 000	785 000	1 201 000
Cost of Goods Sold	213 000	133 000	61 000	47 000
Salary Costs	697 000	605 000	35 000	1 002 000
Depreciation	265 000	204 000	119 000	10 000
Impairment	0	0	0	0
Expenditure	1 419 000	1 212 000	339 000	1 334 000
Operating Profit	−1 130 000	−754 000	445 000	−133 000
Financial Income	0	0	1 000	0
Financial Costs	0	3 000	3 000	0
Financial Balance	0	−3 000	−2 000	0
Dividends	0	0	0	0
Net Income	−1 129 000	−757 000	383 000	−133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	697 000	952 000	848 000	584 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	30 000	21 000	0
Total Tangible Assets	20 000	30 000	21 000	0
Total Fiancial Fixed Assets	12 000	12 000	12 000	0
Total Fixed Assets	729 000	994 000	881 000	584 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	728 000	307 000	550 000	76 000
Total Current Assets	925 000	427 000	670 000	201 000
Total Assets	1 654 000	1 422 000	1 551 000	785 000
Total Equity	1 333 000	813 000	569 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	176 000	158 000	109 000
Creditors	53 000	0	0	1 000
Unpaid Taxes	53 000	72 000	105 000	45 000
Dividends	0	0	0	0
Other Current Debt	87 000	361 000	659 000	444 000
Total Current Debt	194 000	433 000	824 000	490 000
Total Equity and Debt	1 654 000	1 422 000	1 551 000	785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,7 %	−93,11 %	67,31 %	−71,12 %
Debt-to-Equity Ratio	0,1	0,22	0,28	0,58
Operating Profit Margin	−389,66 %	−164,63 %	56,69 %	−11,07 %
Current Ratio	4,77	0,99	0,81	0,41
Quick Ratio	4,77	0,99	0,81	0,41
Equity Ratio	0,81	0,57	0,37	0,24
Gross Profit Margin	26,55 %	70,96 %	92,23 %	96,09 %