RAYVOLT SCANDINAVIA AS

3114 TØNSBERG

Finances

Share Ownership

Return on Equity

−81,02 %

Current Ratio

1,39

Debt-to-Equity Ratio

−2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	629 000	786 000	1 930 000	589 000
Net Income	111 000	50 000	−364 000	−201 000
Total Assets	905 000	1 123 000	842 000	1 106 000
Total Equity	−137 000	−248 000	−298 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	629 000	786 000	1 930 000	589 000
Expenditure	486 000	671 000	2 214 000	764 000
Operating Profit	144 000	115 000	−284 000	−174 000
Financial Income	21 000	0	0	0
Financial Costs	54 000	64 000	80 000	27 000
Financial Balance	−33 000	−64 000	−80 000	−27 000
Earnings Before Tax	111 000	50 000	−364 000	−201 000
Tax	0	0	0	0
Net Income	111 000	50 000	−364 000	−201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	13 000	17 000	22 000
Total Current Assets	905 000	1 110 000	825 000	1 084 000
Total Assets	905 000	1 123 000	842 000	1 106 000
Total Retained Equity	−406 000	−517 000	−568 000	−204 000
Total Equity	−137 000	−248 000	−298 000	66 000
Total Long-Term Debt	389 000	500 000	0	0
Total Current Debt	652 000	871 000	1 140 000	1 040 000
Total Equity and Debt	905 000	1 123 000	842 000	1 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	629 000	786 000	1 930 000	589 000
Other Income	0	0	0	0
Revenue	629 000	786 000	1 930 000	589 000
Cost of Goods Sold	283 000	394 000	898 000	459 000
Salary Costs	0	66 000	730 000	150 000
Depreciation	13 000	5 000	5 000	1 000
Impairment	0	0	0	0
Expenditure	486 000	671 000	2 214 000	764 000
Operating Profit	144 000	115 000	−284 000	−174 000
Financial Income	21 000	0	0	0
Financial Costs	54 000	64 000	80 000	27 000
Financial Balance	−33 000	−64 000	−80 000	−27 000
Dividends	0	0	0	0
Net Income	111 000	50 000	−364 000	−201 000

Balance details (NOK)	2022	2021	2020	2019
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	0	13 000	17 000	22 000
Total Tangible Assets	0	13 000	17 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	13 000	17 000	22 000
Stock	866 000	1 079 000	764 000	967 000
Total Investments	0	0	0	0
Cash, Bank	15 000	16 000	61 000	39 000
Total Current Assets	905 000	1 110 000	825 000	1 084 000
Total Assets	905 000	1 123 000	842 000	1 106 000
Total Equity	−137 000	−248 000	−298 000	66 000
Short-Term Group Debt	100 000	250 000	0	0
Total Long-Term Debt	389 000	500 000	0	0
Creditors	2 000	52 000	80 000	20 000
Unpaid Taxes	0	0	63 000	28 000
Dividends	0	0	0	0
Other Current Debt	16 000	9 000	78 000	16 000
Total Current Debt	652 000	871 000	1 140 000	1 040 000
Total Equity and Debt	905 000	1 123 000	842 000	1 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,02 %	−20,16 %	122,15 %	−304,55 %
Debt-to-Equity Ratio	−2,84	−2,02	−0	0
Operating Profit Margin	22,89 %	14,63 %	−14,72 %	−29,54 %
Current Ratio	1,39	1,27	0,72	1,04
Quick Ratio	−4,23	−5,34	2,19	14,85
Equity Ratio	−0,15	−0,22	−0,35	0,06
Gross Profit Margin	55,01 %	49,87 %	53,47 %	22,07 %