RADA LABS AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−30,71 %

Current Ratio

3,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 542 000	2 220 000	1 640 000	265 000
Net Income	−701 000	213 000	613 000	61 000
Total Assets	3 284 000	1 401 000	1 003 000	173 000
Total Equity	2 283 000	727 000	514 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 542 000	2 220 000	1 640 000	265 000
Expenditure	2 243 000	1 947 000	951 000	185 000
Operating Profit	−701 000	273 000	690 000	80 000
Financial Income	1 000	1 000	77 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	0	0	77 000	0
Earnings Before Tax	−701 000	273 000	766 000	80 000
Tax	0	60 000	153 000	19 000
Net Income	−701 000	213 000	613 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 000	19 000	19 000	26 000
Total Current Assets	3 120 000	1 383 000	984 000	147 000
Total Assets	3 284 000	1 401 000	1 003 000	173 000
Total Retained Equity	−379 000	697 000	484 000	71 000
Total Equity	2 283 000	727 000	514 000	101 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000 000	675 000	488 000	72 000
Total Equity and Debt	3 284 000	1 401 000	1 003 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 542 000	2 220 000	1 577 000	203 000
Other Income	0	0	63 000	63 000
Revenue	1 542 000	2 220 000	1 640 000	265 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 754 000	1 500 000	612 000	27 000
Depreciation	15 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 243 000	1 947 000	951 000	185 000
Operating Profit	−701 000	273 000	690 000	80 000
Financial Income	1 000	1 000	77 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	0	0	77 000	0
Dividends	0	0	200 000	0
Net Income	−701 000	213 000	613 000	61 000

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	164 000	0	0	0
Total Tangible Assets	164 000	0	0	0
Total Fiancial Fixed Assets	0	19 000	19 000	26 000
Total Fixed Assets	164 000	19 000	19 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 087 000	1 299 000	931 000	145 000
Total Current Assets	3 120 000	1 383 000	984 000	147 000
Total Assets	3 284 000	1 401 000	1 003 000	173 000
Total Equity	2 283 000	727 000	514 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	57 000	9 000	3 000	18 000
Unpaid Taxes	237 000	103 000	77 000	31 000
Dividends	0	0	200 000	0
Other Current Debt	706 000	503 000	56 000	3 000
Total Current Debt	1 000 000	675 000	488 000	72 000
Total Equity and Debt	3 284 000	1 401 000	1 003 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,71 %	29,3 %	119,26 %	60,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−45,46 %	12,3 %	42,07 %	30,19 %
Current Ratio	3,12	2,05	2,02	2,04
Quick Ratio	3,12	2,05	2,02	2,04
Equity Ratio	0,7	0,52	0,51	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %