RAFFINADE AS

0150 OSLO

Finances

Share Ownership

Return on Equity

2 291,89 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020
Revenue	10 188 000	9 189 000	1 823 000
Net Income	848 000	1 712 000	−172 000
Total Assets	1 366 000	1 544 000	828 000
Total Equity	37 000	−231 000	−142 000

Income (NOK)	2022	2021	2020
Revenue	10 188 000	9 189 000	1 823 000
Expenditure	9 092 000	7 040 000	1 995 000
Operating Profit	1 096 000	2 150 000	−171 000
Financial Income	2 000	1 000	0
Financial Costs	10 000	8 000	1 000
Financial Balance	−8 000	−7 000	−1 000
Earnings Before Tax	1 088 000	2 143 000	−172 000
Tax	240 000	432 000	0
Net Income	848 000	1 712 000	−172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	951 000	862 000	643 000
Total Current Assets	415 000	682 000	186 000
Total Assets	1 366 000	1 544 000	828 000
Total Retained Equity	7 000	−261 000	−172 000
Total Equity	37 000	−231 000	−142 000
Total Long-Term Debt	9 000	802 000	500 000
Total Current Debt	1 320 000	973 000	471 000
Total Equity and Debt	1 366 000	1 544 000	828 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 135 000	8 548 000	1 737 000
Other Income	1 053 000	642 000	86 000
Revenue	10 188 000	9 189 000	1 823 000
Cost of Goods Sold	2 345 000	3 261 000	816 000
Salary Costs	2 437 000	1 533 000	346 000
Depreciation	239 000	132 000	0
Impairment	0	0	0
Expenditure	9 092 000	7 040 000	1 995 000
Operating Profit	1 096 000	2 150 000	−171 000
Financial Income	2 000	1 000	0
Financial Costs	10 000	8 000	1 000
Financial Balance	−8 000	−7 000	−1 000
Dividends	580 000	1 800 000	0
Net Income	848 000	1 712 000	−172 000

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	103 000	0	0
Fixtures	507 000	792 000	639 000
Total Tangible Assets	611 000	792 000	639 000
Total Fiancial Fixed Assets	340 000	70 000	4 000
Total Fixed Assets	951 000	862 000	643 000
Stock	143 000	150 000	67 000
Total Investments	0	0	0
Cash, Bank	269 000	486 000	1 000
Total Current Assets	415 000	682 000	186 000
Total Assets	1 366 000	1 544 000	828 000
Total Equity	37 000	−231 000	−142 000
Short-Term Group Debt	0	300 000	12 000
Total Long-Term Debt	9 000	802 000	500 000
Creditors	−43 000	86 000	382 000
Unpaid Taxes	332 000	36 000	26 000
Dividends	580 000	1 800 000	0
Other Current Debt	218 000	122 000	51 000
Total Current Debt	1 320 000	973 000	471 000
Total Equity and Debt	1 366 000	1 544 000	828 000

Financial indicators	2022	2021	2020
Return on Equity	2 291,89 %	−741,13 %	121,13 %
Debt-to-Equity Ratio	0,24	−3,47	−3,52
Operating Profit Margin	10,76 %	23,4 %	−9,38 %
Current Ratio	0,31	0,7	0,39
Quick Ratio	0,35	0,83	0,46
Equity Ratio	0,03	−0,15	−0,17
Gross Profit Margin	76,98 %	64,51 %	55,24 %