RAGNARÅKK AS

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

73,92 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 130 000	5 088 000	4 117 000	3 042 000
Net Income	1 389 000	866 000	537 000	352 000
Total Assets	3 755 000	2 884 000	2 110 000	1 320 000
Total Equity	1 879 000	1 489 000	623 000	385 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 130 000	5 088 000	4 117 000	3 042 000
Expenditure	4 326 000	3 952 000	3 394 000	2 550 000
Operating Profit	1 804 000	1 137 000	723 000	491 000
Financial Income	10 000	1 000	0	0
Financial Costs	32 000	26 000	34 000	40 000
Financial Balance	−22 000	−25 000	−34 000	−40 000
Earnings Before Tax	1 782 000	1 112 000	690 000	451 000
Tax	393 000	245 000	152 000	99 000
Net Income	1 389 000	866 000	537 000	352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	60 000	88 000	73 000
Total Current Assets	3 733 000	2 824 000	2 022 000	1 247 000
Total Assets	3 755 000	2 884 000	2 110 000	1 320 000
Total Retained Equity	1 849 000	1 459 000	593 000	355 000
Total Equity	1 879 000	1 489 000	623 000	385 000
Total Long-Term Debt	329 000	418 000	508 000	548 000
Total Current Debt	1 548 000	976 000	979 000	387 000
Total Equity and Debt	3 755 000	2 884 000	2 110 000	1 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 130 000	5 088 000	4 100 000	3 042 000
Other Income	0	0	17 000	0
Revenue	6 130 000	5 088 000	4 117 000	3 042 000
Cost of Goods Sold	1 994 000	1 726 000	1 155 000	821 000
Salary Costs	1 695 000	1 597 000	1 638 000	1 086 000
Depreciation	18 000	18 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	4 326 000	3 952 000	3 394 000	2 550 000
Operating Profit	1 804 000	1 137 000	723 000	491 000
Financial Income	10 000	1 000	0	0
Financial Costs	32 000	26 000	34 000	40 000
Financial Balance	−22 000	−25 000	−34 000	−40 000
Dividends	500 000	0	300 000	0
Net Income	1 389 000	866 000	537 000	352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	2 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	36 000	54 000	73 000
Total Tangible Assets	18 000	36 000	54 000	73 000
Total Fiancial Fixed Assets	0	21 000	33 000	0
Total Fixed Assets	22 000	60 000	88 000	73 000
Stock	1 010 000	808 000	604 000	513 000
Total Investments	0	0	0	0
Cash, Bank	2 598 000	1 953 000	1 292 000	406 000
Total Current Assets	3 733 000	2 824 000	2 022 000	1 247 000
Total Assets	3 755 000	2 884 000	2 110 000	1 320 000
Total Equity	1 879 000	1 489 000	623 000	385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	329 000	418 000	508 000	548 000
Creditors	75 000	57 000	46 000	13 000
Unpaid Taxes	382 000	514 000	326 000	180 000
Dividends	500 000	0	300 000	0
Other Current Debt	197 000	159 000	154 000	97 000
Total Current Debt	1 548 000	976 000	979 000	387 000
Total Equity and Debt	3 755 000	2 884 000	2 110 000	1 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,92 %	58,16 %	86,2 %	91,43 %
Debt-to-Equity Ratio	0,18	0,28	0,82	1,42
Operating Profit Margin	29,43 %	22,35 %	17,56 %	16,14 %
Current Ratio	2,41	2,89	2,07	3,22
Quick Ratio	6,94	16,81	5,39	−9,9
Equity Ratio	0,5	0,52	0,3	0,29
Gross Profit Margin	67,47 %	66,08 %	71,95 %	73,01 %