RAEES AUTO AS

3034 DRAMMEN

Finances

Share Ownership

Return on Equity

37,57 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 972 000	4 658 000	448 000	232 000
Net Income	65 000	81 000	13 000	−15 000
Total Assets	334 000	114 000	−7 000	25 000
Total Equity	173 000	108 000	28 000	15 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 972 000	4 658 000	448 000	232 000
Expenditure	5 868 000	4 475 000	426 000	246 000
Operating Profit	105 000	183 000	23 000	−15 000
Financial Income	0	0	0	0
Financial Costs	32 000	90 000	7 000	0
Financial Balance	−32 000	−90 000	−7 000	0
Earnings Before Tax	73 000	92 000	17 000	−15 000
Tax	8 000	12 000	4 000	0
Net Income	65 000	81 000	13 000	−15 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	17 000	5 000	5 000	0
Total Current Assets	317 000	109 000	−11 000	25 000
Total Assets	334 000	114 000	−7 000	25 000
Total Retained Equity	143 000	78 000	−2 000	−15 000
Total Equity	173 000	108 000	28 000	15 000
Total Long-Term Debt	15 000	25 000	0	0
Total Current Debt	146 000	−20 000	−35 000	10 000
Total Equity and Debt	334 000	114 000	−7 000	25 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 961 000	4 655 000	448 000	232 000
Other Income	11 000	3 000	0	0
Revenue	5 972 000	4 658 000	448 000	232 000
Cost of Goods Sold	4 517 000	3 980 000	138 000	153 000
Salary Costs	420 000	26 000	202 000	75 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 868 000	4 475 000	426 000	246 000
Operating Profit	105 000	183 000	23 000	−15 000
Financial Income	0	0	0	0
Financial Costs	32 000	90 000	7 000	0
Financial Balance	−32 000	−90 000	−7 000	0
Dividends	0	0	0	0
Net Income	65 000	81 000	13 000	−15 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	0	0	0
Total Tangible Assets	13 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	5 000	5 000	0
Stock	400 000	45 000	50 000	20 000
Total Investments	0	0	0	0
Cash, Bank	71 000	13 000	3 000	5 000
Total Current Assets	317 000	109 000	−11 000	25 000
Total Assets	334 000	114 000	−7 000	25 000
Total Equity	173 000	108 000	28 000	15 000
Short-Term Group Debt	39 000	24 000	22 000	6 000
Total Long-Term Debt	15 000	25 000	0	0
Creditors	−154 000	−86 000	−194 000	−55 000
Unpaid Taxes	333 000	27 000	34 000	−2 000
Dividends	0	0	0	0
Other Current Debt	−88 000	−5 000	94 000	61 000
Total Current Debt	146 000	−20 000	−35 000	10 000
Total Equity and Debt	334 000	114 000	−7 000	25 000

Financial indicators	2021	2020	2019	2018
Return on Equity	37,57 %	75 %	46,43 %	−100 %
Debt-to-Equity Ratio	0,09	0,23	0	0
Operating Profit Margin	1,76 %	3,93 %	5,13 %	−6,47 %
Current Ratio	2,17	−5,45	0,31	2,5
Quick Ratio	−1,25	−1,68	0,13	−2,5
Equity Ratio	0,52	0,95	−4	0,6
Gross Profit Margin	24,36 %	14,56 %	69,2 %	34,05 %