RAYS HOLDING AS

3218 SANDEFJORD

Finances

Return on Equity

60,44 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 014 000	266 000	260 000
Net Income	608 000	164 000	203 000
Total Assets	1 506 000	664 000	454 000
Total Equity	1 006 000	398 000	233 000

Income (NOK)	2022	2021	2020
Revenue	2 014 000	266 000	260 000
Expenditure	1 196 000	71 000	7 000
Operating Profit	817 000	195 000	253 000
Financial Income	0	12 000	5 000
Financial Costs	3 000	0	0
Financial Balance	−3 000	12 000	5 000
Earnings Before Tax	814 000	207 000	258 000
Tax	206 000	43 000	54 000
Net Income	608 000	164 000	203 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	557 000	392 000	435 000
Total Current Assets	948 000	271 000	19 000
Total Assets	1 506 000	664 000	454 000
Total Retained Equity	976 000	368 000	203 000
Total Equity	1 006 000	398 000	233 000
Total Long-Term Debt	0	0	0
Total Current Debt	499 000	266 000	220 000
Total Equity and Debt	1 506 000	664 000	454 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 014 000	266 000	260 000
Other Income	0	0	0
Revenue	2 014 000	266 000	260 000
Cost of Goods Sold	54 000	56 000	0
Salary Costs	917 000	0	0
Depreciation	1 000	0	0
Impairment	0	0	0
Expenditure	1 196 000	71 000	7 000
Operating Profit	817 000	195 000	253 000
Financial Income	0	12 000	5 000
Financial Costs	3 000	0	0
Financial Balance	−3 000	12 000	5 000
Dividends	0	0	0
Net Income	608 000	164 000	203 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	138 000	0	0
Total Tangible Assets	138 000	0	0
Total Fiancial Fixed Assets	0	392 000	435 000
Total Fixed Assets	557 000	392 000	435 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	591 000	151 000	19 000
Total Current Assets	948 000	271 000	19 000
Total Assets	1 506 000	664 000	454 000
Total Equity	1 006 000	398 000	233 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	56 000	0
Unpaid Taxes	179 000	0	0
Dividends	0	0	0
Other Current Debt	0	167 000	166 000
Total Current Debt	499 000	266 000	220 000
Total Equity and Debt	1 506 000	664 000	454 000

Financial indicators	2022	2021	2020
Return on Equity	60,44 %	41,21 %	87,12 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	40,57 %	73,31 %	97,31 %
Current Ratio	1,9	1,02	0,09
Quick Ratio	1,9	1,02	0,09
Equity Ratio	0,67	0,6	0,51
Gross Profit Margin	97,32 %	78,95 %	100 %