RAGNAROCK GEO AS

7034 TRONDHEIM

Finances

Return on Equity

14,62 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 578 000	4 935 000	3 689 000	5 948 000
Net Income	466 000	493 000	−695 000	2 372 000
Total Assets	7 522 000	8 194 000	4 822 000	6 141 000
Total Equity	3 187 000	2 109 000	1 616 000	2 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 578 000	4 935 000	3 689 000	5 948 000
Expenditure	5 119 000	4 427 000	4 797 000	3 073 000
Operating Profit	460 000	507 000	−1 108 000	2 874 000
Financial Income	26 000	1 000	33 000	27 000
Financial Costs	19 000	16 000	38 000	16 000
Financial Balance	7 000	−15 000	−5 000	11 000
Earnings Before Tax	466 000	492 000	−1 114 000	2 884 000
Tax	0	0	−418 000	513 000
Net Income	466 000	493 000	−695 000	2 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	222 000	69 000	27 000
Total Current Assets	7 487 000	7 972 000	4 753 000	6 114 000
Total Assets	7 522 000	8 194 000	4 822 000	6 141 000
Total Retained Equity	3 063 000	1 993 000	1 500 000	2 195 000
Total Equity	3 187 000	2 109 000	1 616 000	2 220 000
Total Long-Term Debt	288 000	54 000	180 000	267 000
Total Current Debt	4 047 000	6 031 000	3 025 000	3 654 000
Total Equity and Debt	7 522 000	8 194 000	4 822 000	6 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 954 000	1 938 000	1 023 000	5 948 000
Other Income	3 624 000	2 997 000	2 666 000	0
Revenue	5 578 000	4 935 000	3 689 000	5 948 000
Cost of Goods Sold	2 000	0	0	0
Salary Costs	3 240 000	3 494 000	2 954 000	2 092 000
Depreciation	16 000	20 000	19 000	4 000
Impairment	0	0	0	0
Expenditure	5 119 000	4 427 000	4 797 000	3 073 000
Operating Profit	460 000	507 000	−1 108 000	2 874 000
Financial Income	26 000	1 000	33 000	27 000
Financial Costs	19 000	16 000	38 000	16 000
Financial Balance	7 000	−15 000	−5 000	11 000
Dividends	0	0	0	0
Net Income	466 000	493 000	−695 000	2 372 000

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	1 000	17 000	37 000	27 000
Total Tangible Assets	1 000	17 000	37 000	27 000
Total Fiancial Fixed Assets	34 000	205 000	32 000	1 000
Total Fixed Assets	35 000	222 000	69 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 139 000	6 627 000	2 621 000	4 609 000
Total Current Assets	7 487 000	7 972 000	4 753 000	6 114 000
Total Assets	7 522 000	8 194 000	4 822 000	6 141 000
Total Equity	3 187 000	2 109 000	1 616 000	2 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	288 000	54 000	180 000	267 000
Creditors	326 000	216 000	54 000	72 000
Unpaid Taxes	187 000	667 000	178 000	395 000
Dividends	0	0	0	0
Other Current Debt	2 334 000	2 698 000	343 000	225 000
Total Current Debt	4 047 000	6 031 000	3 025 000	3 654 000
Total Equity and Debt	7 522 000	8 194 000	4 822 000	6 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,62 %	23,38 %	−43,01 %	106,85 %
Debt-to-Equity Ratio	0,09	0,03	0,11	0,12
Operating Profit Margin	8,25 %	10,27 %	−30,04 %	48,32 %
Current Ratio	1,85	1,32	1,57	1,67
Quick Ratio	1,85	1,32	1,57	1,67
Equity Ratio	0,42	0,26	0,34	0,36
Gross Profit Margin	99,96 %	100 %	100 %	100 %