RAKNES UTLEIESERVICE AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

−27,33 %

Current Ratio

0,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	263 000	461 000	637 000	701 000
Net Income	−94 000	44 000	188 000	195 000
Total Assets	427 000	539 000	531 000	453 000
Total Equity	344 000	438 000	413 000	225 000

Income (NOK)	2022	2021	2020	2019
Revenue	263 000	461 000	637 000	701 000
Expenditure	374 000	405 000	395 000	450 000
Operating Profit	−110 000	56 000	242 000	250 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−110 000	56 000	241 000	250 000
Tax	−16 000	12 000	53 000	55 000
Net Income	−94 000	44 000	188 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	390 000	473 000	373 000	267 000
Total Current Assets	36 000	66 000	157 000	186 000
Total Assets	427 000	539 000	531 000	453 000
Total Retained Equity	314 000	408 000	383 000	195 000
Total Equity	344 000	438 000	413 000	225 000
Total Long-Term Debt	0	16 000	12 000	0
Total Current Debt	82 000	84 000	105 000	228 000
Total Equity and Debt	427 000	539 000	531 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	263 000	461 000	624 000	701 000
Other Income	0	0	14 000	0
Revenue	263 000	461 000	637 000	701 000
Cost of Goods Sold	130 000	157 000	142 000	231 000
Salary Costs	0	0	0	0
Depreciation	83 000	91 000	56 000	67 000
Impairment	0	0	0	0
Expenditure	374 000	405 000	395 000	450 000
Operating Profit	−110 000	56 000	242 000	250 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	19 000	0	0
Net Income	−94 000	44 000	188 000	195 000

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	278 000	333 000	373 000	200 000
Fixtures	112 000	140 000	0	0
Total Tangible Assets	390 000	473 000	373 000	267 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	390 000	473 000	373 000	267 000
Stock	0	56 000	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	1 000	47 000	146 000
Total Current Assets	36 000	66 000	157 000	186 000
Total Assets	427 000	539 000	531 000	453 000
Total Equity	344 000	438 000	413 000	225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	12 000	0
Creditors	82 000	75 000	48 000	162 000
Unpaid Taxes	0	0	16 000	11 000
Dividends	0	19 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	82 000	84 000	105 000	228 000
Total Equity and Debt	427 000	539 000	531 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,33 %	10,05 %	45,52 %	86,67 %
Debt-to-Equity Ratio	0	0,04	0,03	0
Operating Profit Margin	−41,83 %	12,15 %	37,99 %	35,66 %
Current Ratio	0,44	0,79	1,5	0,82
Quick Ratio	0,44	2,36	1,5	0,82
Equity Ratio	0,81	0,81	0,78	0,5
Gross Profit Margin	50,57 %	65,94 %	77,71 %	67,05 %