RAKKESTAD MASKINDRIFT AS

1890 RAKKESTAD

Finances

Return on Equity

−11,58 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	50 297 000	36 155 000	25 608 000
Net Income	−2 230 000	1 289 000	2 758 000
Total Assets	33 254 000	31 012 000	26 021 000
Total Equity	19 261 000	16 878 000	17 421 000

Income (NOK)	2022	2021	2020
Revenue	50 297 000	36 155 000	25 608 000
Expenditure	53 062 000	34 499 000	21 980 000
Operating Profit	−2 765 000	1 655 000	3 628 000
Financial Income	28 000	6 000	3 000
Financial Costs	122 000	8 000	20 000
Financial Balance	−94 000	−2 000	−17 000
Earnings Before Tax	−2 860 000	1 653 000	3 611 000
Tax	−629 000	364 000	853 000
Net Income	−2 230 000	1 289 000	2 758 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 950 000	9 642 000	10 179 000
Total Current Assets	25 304 000	21 370 000	15 843 000
Total Assets	33 254 000	31 012 000	26 021 000
Total Retained Equity	15 586 000	16 778 000	17 321 000
Total Equity	19 261 000	16 878 000	17 421 000
Total Long-Term Debt	0	0	29 000
Total Current Debt	13 993 000	14 135 000	8 571 000
Total Equity and Debt	33 254 000	31 012 000	26 021 000

Cash flow (NOK)	2022	2021	2020
Sales Income	49 367 000	35 984 000	23 187 000
Other Income	929 000	170 000	2 421 000
Revenue	50 297 000	36 155 000	25 608 000
Cost of Goods Sold	18 561 000	3 997 000	2 622 000
Salary Costs	13 994 000	13 139 000	5 738 000
Depreciation	3 149 000	3 084 000	2 706 000
Impairment	0	0	0
Expenditure	53 062 000	34 499 000	21 980 000
Operating Profit	−2 765 000	1 655 000	3 628 000
Financial Income	28 000	6 000	3 000
Financial Costs	122 000	8 000	20 000
Financial Balance	−94 000	−2 000	−17 000
Dividends	0	0	0
Net Income	−2 230 000	1 289 000	2 758 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	491 000	124 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	2 741 000	3 214 000	2 209 000
Fixtures	3 768 000	5 287 000	6 741 000
Total Tangible Assets	6 509 000	8 501 000	8 951 000
Total Fiancial Fixed Assets	950 000	1 017 000	1 228 000
Total Fixed Assets	7 950 000	9 642 000	10 179 000
Stock	4 994 000	0	0
Total Investments	0	15 000	15 000
Cash, Bank	5 114 000	1 979 000	687 000
Total Current Assets	25 304 000	21 370 000	15 843 000
Total Assets	33 254 000	31 012 000	26 021 000
Total Equity	19 261 000	16 878 000	17 421 000
Short-Term Group Debt	210 000	5 550 000	3 201 000
Total Long-Term Debt	0	0	29 000
Creditors	9 531 000	2 488 000	1 617 000
Unpaid Taxes	1 922 000	3 993 000	2 866 000
Dividends	0	0	0
Other Current Debt	2 330 000	2 104 000	767 000
Total Current Debt	13 993 000	14 135 000	8 571 000
Total Equity and Debt	33 254 000	31 012 000	26 021 000

Financial indicators	2022	2021	2020
Return on Equity	−11,58 %	7,64 %	15,83 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−5,5 %	4,58 %	14,17 %
Current Ratio	1,81	1,51	1,85
Quick Ratio	2,81	1,51	1,85
Equity Ratio	0,58	0,54	0,67
Gross Profit Margin	63,1 %	88,94 %	89,76 %