RAKKESTAD MASKINDRIFT EIENDOM AS

1890 RAKKESTAD

Finances

Return on Equity

230,61 %

Current Ratio

0,05

Debt-to-Equity Ratio

−117,35

Key figures (NOK)	2022	2021	2020
Revenue	184 000	174 000	160 000
Net Income	−339 000	−381 000	−201 000
Total Assets	24 724 000	25 119 000	24 745 000
Total Equity	−147 000	191 000	234 000

Income (NOK)	2022	2021	2020
Revenue	184 000	174 000	160 000
Expenditure	171 000	203 000	203 000
Operating Profit	13 000	−30 000	−43 000
Financial Income	1 000	5 000	2 000
Financial Costs	448 000	463 000	219 000
Financial Balance	−447 000	−458 000	−217 000
Earnings Before Tax	−434 000	−488 000	−260 000
Tax	−96 000	−107 000	−58 000
Net Income	−339 000	−381 000	−201 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	24 332 000	24 291 000	24 334 000
Total Current Assets	393 000	827 000	411 000
Total Assets	24 724 000	25 119 000	24 745 000
Total Retained Equity	−247 000	91 000	0
Total Equity	−147 000	191 000	234 000
Total Long-Term Debt	17 251 000	18 126 000	18 345 000
Total Current Debt	7 620 000	6 801 000	6 166 000
Total Equity and Debt	24 724 000	25 119 000	24 745 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	184 000	174 000	160 000
Revenue	184 000	174 000	160 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	55 000	55 000	55 000
Impairment	0	0	0
Expenditure	171 000	203 000	203 000
Operating Profit	13 000	−30 000	−43 000
Financial Income	1 000	5 000	2 000
Financial Costs	448 000	463 000	219 000
Financial Balance	−447 000	−458 000	−217 000
Dividends	0	0	0
Net Income	−339 000	−381 000	−201 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	120 000	24 000	12 000
Real Eastate	1 212 000	1 267 000	1 322 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 212 000	1 267 000	1 322 000
Total Fiancial Fixed Assets	23 000 000	23 000 000	23 000 000
Total Fixed Assets	24 332 000	24 291 000	24 334 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	162 000	99 000	120 000
Total Current Assets	393 000	827 000	411 000
Total Assets	24 724 000	25 119 000	24 745 000
Total Equity	−147 000	191 000	234 000
Short-Term Group Debt	7 574 000	6 598 000	6 018 000
Total Long-Term Debt	17 251 000	18 126 000	18 345 000
Creditors	3 000	0	6 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	44 000	203 000	142 000
Total Current Debt	7 620 000	6 801 000	6 166 000
Total Equity and Debt	24 724 000	25 119 000	24 745 000

Financial indicators	2022	2021	2020
Return on Equity	230,61 %	−199,48 %	−85,9 %
Debt-to-Equity Ratio	−117,35	94,9	78,4
Operating Profit Margin	7,07 %	−17,24 %	−26,88 %
Current Ratio	0,05	0,12	0,07
Quick Ratio	0,05	0,12	0,07
Equity Ratio	−0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %