RAGG AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

36,95 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 271 000	3 930 000	4 231 000	2 943 000
Net Income	500 000	−200 000	124 000	−32 000
Total Assets	3 452 000	2 658 000	3 305 000	1 638 000
Total Equity	1 353 000	853 000	1 053 000	929 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 271 000	3 930 000	4 231 000	2 943 000
Expenditure	4 678 000	4 080 000	3 683 000	2 942 000
Operating Profit	658 000	−149 000	548 000	1 000
Financial Income	13 000	15 000	11 000	2 000
Financial Costs	80 000	67 000	327 000	35 000
Financial Balance	−67 000	−52 000	−316 000	−33 000
Earnings Before Tax	591 000	−200 000	232 000	−32 000
Tax	91 000	0	108 000	0
Net Income	500 000	−200 000	124 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 239 000	1 250 000	1 148 000	443 000
Total Current Assets	2 213 000	1 408 000	2 157 000	1 194 000
Total Assets	3 452 000	2 658 000	3 305 000	1 638 000
Total Retained Equity	849 000	349 000	549 000	425 000
Total Equity	1 353 000	853 000	1 053 000	929 000
Total Long-Term Debt	1 047 000	1 225 000	1 451 000	272 000
Total Current Debt	1 051 000	580 000	800 000	436 000
Total Equity and Debt	3 452 000	2 658 000	3 305 000	1 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 271 000	3 305 000	3 348 000	2 359 000
Other Income	0	625 000	883 000	584 000
Revenue	5 271 000	3 930 000	4 231 000	2 943 000
Cost of Goods Sold	719 000	750 000	751 000	499 000
Salary Costs	2 271 000	1 913 000	1 466 000	1 618 000
Depreciation	367 000	227 000	135 000	75 000
Impairment	0	0	0	0
Expenditure	4 678 000	4 080 000	3 683 000	2 942 000
Operating Profit	658 000	−149 000	548 000	1 000
Financial Income	13 000	15 000	11 000	2 000
Financial Costs	80 000	67 000	327 000	35 000
Financial Balance	−67 000	−52 000	−316 000	−33 000
Dividends	0	0	0	0
Net Income	500 000	−200 000	124 000	−32 000

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	17 000	0	0
Fixtures	931 000	925 000	1 098 000	393 000
Total Tangible Assets	931 000	942 000	1 098 000	393 000
Total Fiancial Fixed Assets	308 000	308 000	50 000	50 000
Total Fixed Assets	1 239 000	1 250 000	1 148 000	443 000
Stock	226 000	161 000	254 000	79 000
Total Investments	0	0	0	0
Cash, Bank	1 067 000	370 000	993 000	261 000
Total Current Assets	2 213 000	1 408 000	2 157 000	1 194 000
Total Assets	3 452 000	2 658 000	3 305 000	1 638 000
Total Equity	1 353 000	853 000	1 053 000	929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 047 000	1 225 000	1 451 000	272 000
Creditors	275 000	−13 000	−23 000	−136 000
Unpaid Taxes	256 000	245 000	158 000	186 000
Dividends	0	0	0	0
Other Current Debt	483 000	348 000	556 000	387 000
Total Current Debt	1 051 000	580 000	800 000	436 000
Total Equity and Debt	3 452 000	2 658 000	3 305 000	1 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,95 %	−23,45 %	11,78 %	−3,44 %
Debt-to-Equity Ratio	0,77	1,44	1,38	0,29
Operating Profit Margin	12,48 %	−3,79 %	12,95 %	0,03 %
Current Ratio	2,11	2,43	2,7	2,74
Quick Ratio	2,68	3,36	3,95	3,34
Equity Ratio	0,39	0,32	0,32	0,57
Gross Profit Margin	86,36 %	80,92 %	82,25 %	83,04 %