NORRØNAFLY RAKKESTAD AS

1894 RAKKESTAD

Finances

Return on Equity

21,08 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 348 000	16 493 000	15 506 000	14 567 000
Net Income	862 000	437 000	−73 000	−276 000
Total Assets	6 657 000	5 477 000	4 977 000	5 702 000
Total Equity	4 090 000	3 229 000	2 792 000	2 865 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 348 000	16 493 000	15 506 000	14 567 000
Expenditure	19 203 000	16 055 000	15 574 000	14 749 000
Operating Profit	1 145 000	438 000	−68 000	−242 000
Financial Income	65 000	56 000	61 000	16 000
Financial Costs	99 000	46 000	72 000	49 000
Financial Balance	−34 000	10 000	−11 000	−33 000
Earnings Before Tax	1 111 000	448 000	−79 000	−276 000
Tax	249 000	12 000	−6 000	0
Net Income	862 000	437 000	−73 000	−276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 230 000	1 247 000	1 335 000	1 411 000
Total Current Assets	5 427 000	4 230 000	3 642 000	4 291 000
Total Assets	6 657 000	5 477 000	4 977 000	5 702 000
Total Retained Equity	3 990 000	3 129 000	2 692 000	2 765 000
Total Equity	4 090 000	3 229 000	2 792 000	2 865 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 567 000	2 248 000	2 185 000	2 837 000
Total Equity and Debt	6 657 000	5 477 000	4 977 000	5 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 219 000	16 195 000	15 506 000	14 519 000
Other Income	129 000	298 000	0	48 000
Revenue	20 348 000	16 493 000	15 506 000	14 567 000
Cost of Goods Sold	8 686 000	7 515 000	7 455 000	6 301 000
Salary Costs	7 359 000	6 516 000	6 417 000	6 615 000
Depreciation	64 000	133 000	104 000	93 000
Impairment	0	0	0	0
Expenditure	19 203 000	16 055 000	15 574 000	14 749 000
Operating Profit	1 145 000	438 000	−68 000	−242 000
Financial Income	65 000	56 000	61 000	16 000
Financial Costs	99 000	46 000	72 000	49 000
Financial Balance	−34 000	10 000	−11 000	−33 000
Dividends	0	0	0	0
Net Income	862 000	437 000	−73 000	−276 000

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	228 000	245 000	333 000	409 000
Total Tangible Assets	228 000	245 000	333 000	409 000
Total Fiancial Fixed Assets	1 002 000	1 002 000	1 002 000	1 002 000
Total Fixed Assets	1 230 000	1 247 000	1 335 000	1 411 000
Stock	1 434 000	1 140 000	968 000	1 607 000
Total Investments	0	0	0	0
Cash, Bank	1 692 000	731 000	869 000	707 000
Total Current Assets	5 427 000	4 230 000	3 642 000	4 291 000
Total Assets	6 657 000	5 477 000	4 977 000	5 702 000
Total Equity	4 090 000	3 229 000	2 792 000	2 865 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	536 000	718 000	494 000	974 000
Unpaid Taxes	885 000	703 000	820 000	1 040 000
Dividends	0	0	0	0
Other Current Debt	897 000	816 000	872 000	824 000
Total Current Debt	2 567 000	2 248 000	2 185 000	2 837 000
Total Equity and Debt	6 657 000	5 477 000	4 977 000	5 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,08 %	13,53 %	−2,61 %	−9,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,63 %	2,66 %	−0,44 %	−1,66 %
Current Ratio	2,11	1,88	1,67	1,51
Quick Ratio	4,79	3,82	2,99	3,49
Equity Ratio	0,61	0,59	0,56	0,5
Gross Profit Margin	57,31 %	54,44 %	51,92 %	56,74 %