RAFFINEMENTET AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−8,12 %

Current Ratio

1,51

Debt-to-Equity Ratio

15,95

Key figures (NOK)	2022	2021	2020
Revenue	343 000	92 000	7 000
Net Income	−81 000	−3 000	−21 000
Total Assets	16 998 000	1 039 000	34 000
Total Equity	998 000	997 000	30 000

Income (NOK)	2022	2021	2020
Revenue	343 000	92 000	7 000
Expenditure	130 000	95 000	34 000
Operating Profit	214 000	−3 000	−28 000
Financial Income	0	0	0
Financial Costs	318 000	0	0
Financial Balance	−318 000	0	0
Earnings Before Tax	−105 000	−3 000	−28 000
Tax	−23 000	−1 000	−7 000
Net Income	−81 000	−3 000	−21 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 879 000	1 000	0
Total Current Assets	119 000	1 038 000	34 000
Total Assets	16 998 000	1 039 000	34 000
Total Retained Equity	3 000	3 000	6 000
Total Equity	998 000	997 000	30 000
Total Long-Term Debt	15 921 000	30 000	0
Total Current Debt	79 000	12 000	4 000
Total Equity and Debt	16 998 000	1 039 000	34 000

Cash flow (NOK)	2022	2021	2020
Sales Income	19 000	92 000	7 000
Other Income	325 000	0	0
Revenue	343 000	92 000	7 000
Cost of Goods Sold	0	42 000	3 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	130 000	95 000	34 000
Operating Profit	214 000	−3 000	−28 000
Financial Income	0	0	0
Financial Costs	318 000	0	0
Financial Balance	−318 000	0	0
Dividends	0	0	0
Net Income	−81 000	−3 000	−21 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	1 000	0
Real Eastate	16 878 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	16 878 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	16 879 000	1 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 000	1 005 000	0
Total Current Assets	119 000	1 038 000	34 000
Total Assets	16 998 000	1 039 000	34 000
Total Equity	998 000	997 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	15 921 000	30 000	0
Creditors	15 000	11 000	3 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	64 000	0	0
Total Current Debt	79 000	12 000	4 000
Total Equity and Debt	16 998 000	1 039 000	34 000

Financial indicators	2022	2021	2020
Return on Equity	−8,12 %	−0,3 %	−70 %
Debt-to-Equity Ratio	15,95	0,03	0
Operating Profit Margin	62,39 %	−3,26 %	−400 %
Current Ratio	1,51	86,5	8,5
Quick Ratio	1,51	86,5	8,5
Equity Ratio	0,06	0,96	0,88
Gross Profit Margin	100 %	54,35 %	57,14 %