RAIS UTVIKLING AS

3510 HØNEFOSS

Finances

Return on Equity

0,96 %

Current Ratio

5,44

Debt-to-Equity Ratio

6,62

Key figures (NOK)	2022	2021	2020
Revenue	925 000	706 000	955 000
Net Income	3 000	75 000	204 000
Total Assets	2 496 000	1 907 000	2 002 000
Total Equity	312 000	309 000	234 000

Income (NOK)	2022	2021	2020
Revenue	925 000	706 000	955 000
Expenditure	910 000	597 000	692 000
Operating Profit	16 000	109 000	263 000
Financial Income	2 000	0	0
Financial Costs	15 000	12 000	1 000
Financial Balance	−13 000	−12 000	−1 000
Earnings Before Tax	3 000	97 000	262 000
Tax	0	21 000	58 000
Net Income	3 000	75 000	204 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 849 000	1 881 000	1 915 000
Total Current Assets	647 000	27 000	88 000
Total Assets	2 496 000	1 907 000	2 002 000
Total Retained Equity	282 000	279 000	0
Total Equity	312 000	309 000	234 000
Total Long-Term Debt	2 065 000	1 391 000	1 599 000
Total Current Debt	119 000	207 000	170 000
Total Equity and Debt	2 496 000	1 907 000	2 002 000

Cash flow (NOK)	2022	2021	2020
Sales Income	925 000	706 000	955 000
Other Income	0	0	0
Revenue	925 000	706 000	955 000
Cost of Goods Sold	314 000	0	2 000
Salary Costs	63 000	129 000	200 000
Depreciation	54 000	72 000	0
Impairment	0	0	0
Expenditure	910 000	597 000	692 000
Operating Profit	16 000	109 000	263 000
Financial Income	2 000	0	0
Financial Costs	15 000	12 000	1 000
Financial Balance	−13 000	−12 000	−1 000
Dividends	0	0	0
Net Income	3 000	75 000	204 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 600 000	1 600 000	1 600 000
Machinery and Plant Facilities	49 000	271 000	281 000
Fixtures	195 000	0	0
Total Tangible Assets	1 844 000	1 871 000	1 881 000
Total Fiancial Fixed Assets	5 000	9 000	34 000
Total Fixed Assets	1 849 000	1 881 000	1 915 000
Stock	413 000	0	0
Total Investments	0	0	0
Cash, Bank	95 000	27 000	88 000
Total Current Assets	647 000	27 000	88 000
Total Assets	2 496 000	1 907 000	2 002 000
Total Equity	312 000	309 000	234 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 065 000	1 391 000	1 599 000
Creditors	228 000	0	9 000
Unpaid Taxes	−115 000	159 000	99 000
Dividends	0	0	0
Other Current Debt	6 000	27 000	4 000
Total Current Debt	119 000	207 000	170 000
Total Equity and Debt	2 496 000	1 907 000	2 002 000

Financial indicators	2022	2021	2020
Return on Equity	0,96 %	24,27 %	87,18 %
Debt-to-Equity Ratio	6,62	4,5	6,83
Operating Profit Margin	1,73 %	15,44 %	27,54 %
Current Ratio	5,44	0,13	0,52
Quick Ratio	−2,2	0,13	0,52
Equity Ratio	0,13	0,16	0,12
Gross Profit Margin	66,05 %	100 %	99,79 %