RÅZINK AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

−29,7 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 539 000	8 674 000	7 416 000	0
Net Income	−757 000	−2 372 000	43 000	−35 000
Total Assets	7 455 000	7 087 000	9 456 000	1 135 000
Total Equity	2 549 000	3 306 000	5 078 000	1 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 539 000	8 674 000	7 416 000	0
Expenditure	15 146 000	10 931 000	7 358 000	35 000
Operating Profit	−606 000	−2 257 000	58 000	−35 000
Financial Income	2 000	0	0	0
Financial Costs	153 000	110 000	21 000	0
Financial Balance	−151 000	−110 000	−21 000	0
Earnings Before Tax	−757 000	−2 366 000	37 000	−35 000
Tax	0	6 000	−6 000	0
Net Income	−757 000	−2 372 000	43 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 162 000	2 351 000	2 506 000	1 042 000
Total Current Assets	5 294 000	4 736 000	6 950 000	93 000
Total Assets	7 455 000	7 087 000	9 456 000	1 135 000
Total Retained Equity	−3 151 000	−2 394 000	−22 000	−65 000
Total Equity	2 549 000	3 306 000	5 078 000	1 135 000
Total Long-Term Debt	2 330 000	1 684 000	2 000 000	0
Total Current Debt	2 576 000	2 097 000	2 378 000	0
Total Equity and Debt	7 455 000	7 087 000	9 456 000	1 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 539 000	8 674 000	7 416 000	0
Other Income	0	0	0	0
Revenue	14 539 000	8 674 000	7 416 000	0
Cost of Goods Sold	3 970 000	2 664 000	5 990 000	0
Salary Costs	4 208 000	3 469 000	582 000	0
Depreciation	53 000	0	0	0
Impairment	0	0	0	0
Expenditure	15 146 000	10 931 000	7 358 000	35 000
Operating Profit	−606 000	−2 257 000	58 000	−35 000
Financial Income	2 000	0	0	0
Financial Costs	153 000	110 000	21 000	0
Financial Balance	−151 000	−110 000	−21 000	0
Dividends	0	0	0	0
Net Income	−757 000	−2 372 000	43 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	158 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	158 000	0	0	0
Total Fiancial Fixed Assets	2 004 000	2 351 000	2 500 000	1 042 000
Total Fixed Assets	2 162 000	2 351 000	2 506 000	1 042 000
Stock	3 719 000	3 719 000	4 006 000	0
Total Investments	0	0	0	0
Cash, Bank	68 000	47 000	1 384 000	83 000
Total Current Assets	5 294 000	4 736 000	6 950 000	93 000
Total Assets	7 455 000	7 087 000	9 456 000	1 135 000
Total Equity	2 549 000	3 306 000	5 078 000	1 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 330 000	1 684 000	2 000 000	0
Creditors	1 727 000	682 000	2 228 000	0
Unpaid Taxes	346 000	352 000	90 000	0
Dividends	0	0	0	0
Other Current Debt	479 000	572 000	60 000	0
Total Current Debt	2 576 000	2 097 000	2 378 000	0
Total Equity and Debt	7 455 000	7 087 000	9 456 000	1 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,7 %	−71,75 %	0,85 %	−3,08 %
Debt-to-Equity Ratio	0,91	0,51	0,39	0
Operating Profit Margin	−4,17 %	−26,02 %	0,78 %	-
Current Ratio	2,06	2,26	2,92	-
Quick Ratio	−4,63	−2,92	−4,27	-
Equity Ratio	0,34	0,47	0,54	1
Gross Profit Margin	72,69 %	69,29 %	19,23 %	-