RAA BREWING COMPANY AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

−145,6 %

Current Ratio

0,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 029 000	3 131 000	3 187 000	981 000
Net Income	−463 000	275 000	316 000	44 000
Total Assets	2 542 000	2 703 000	2 136 000	938 000
Total Equity	318 000	781 000	273 000	−43 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 029 000	3 131 000	3 187 000	981 000
Expenditure	3 498 000	2 772 000	2 802 000	937 000
Operating Profit	−469 000	358 000	385 000	43 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−468 000	359 000	385 000	44 000
Tax	−5 000	84 000	69 000	0
Net Income	−463 000	275 000	316 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	670 000	961 000	377 000	395 000
Total Current Assets	1 872 000	1 741 000	1 759 000	543 000
Total Assets	2 542 000	2 703 000	2 136 000	938 000
Total Retained Equity	288 000	751 000	249 000	−67 000
Total Equity	318 000	781 000	273 000	−43 000
Total Long-Term Debt	0	5 000	7 000	0
Total Current Debt	2 224 000	1 916 000	1 856 000	981 000
Total Equity and Debt	2 542 000	2 703 000	2 136 000	938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000 000	2 953 000	3 187 000	981 000
Other Income	29 000	178 000	0	0
Revenue	3 029 000	3 131 000	3 187 000	981 000
Cost of Goods Sold	1 486 000	1 346 000	1 429 000	494 000
Salary Costs	114 000	84 000	0	0
Depreciation	291 000	243 000	113 000	89 000
Impairment	0	0	0	0
Expenditure	3 498 000	2 772 000	2 802 000	937 000
Operating Profit	−469 000	358 000	385 000	43 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−463 000	275 000	316 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 000	37 000	49 000	62 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	646 000	925 000	328 000	333 000
Total Tangible Assets	670 000	961 000	377 000	395 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	670 000	961 000	377 000	395 000
Stock	759 000	972 000	773 000	228 000
Total Investments	0	0	0	0
Cash, Bank	828 000	498 000	529 000	240 000
Total Current Assets	1 872 000	1 741 000	1 759 000	543 000
Total Assets	2 542 000	2 703 000	2 136 000	938 000
Total Equity	318 000	781 000	273 000	−43 000
Short-Term Group Debt	880 000	505 000	647 000	647 000
Total Long-Term Debt	0	5 000	7 000	0
Creditors	917 000	746 000	707 000	65 000
Unpaid Taxes	51 000	110 000	99 000	53 000
Dividends	0	0	0	0
Other Current Debt	375 000	469 000	341 000	216 000
Total Current Debt	2 224 000	1 916 000	1 856 000	981 000
Total Equity and Debt	2 542 000	2 703 000	2 136 000	938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−145,6 %	35,21 %	115,75 %	−102,33 %
Debt-to-Equity Ratio	0	0,01	0,03	−0
Operating Profit Margin	−15,48 %	11,43 %	12,08 %	4,38 %
Current Ratio	0,84	0,91	0,95	0,55
Quick Ratio	1,28	1,84	1,62	0,72
Equity Ratio	0,13	0,29	0,13	−0,05
Gross Profit Margin	50,94 %	57,01 %	55,16 %	49,64 %