RAPPEN AS

5416 STORD

Finances

Share Ownership

Return on Equity

19,6 %

Current Ratio

0,31

Debt-to-Equity Ratio

−1,54

Key figures (NOK)	2022	2021	2020
Revenue	79 000	263 000	50 000
Net Income	−39 000	−197 000	−157 000
Total Assets	150 000	225 000	341 000
Total Equity	−199 000	−160 000	38 000

Income (NOK)	2022	2021	2020
Revenue	79 000	263 000	50 000
Expenditure	119 000	460 000	207 000
Operating Profit	−39 000	−197 000	−157 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−39 000	−197 000	−157 000
Tax	0	0	0
Net Income	−39 000	−197 000	−157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	138 000	167 000	174 000
Total Current Assets	13 000	59 000	167 000
Total Assets	150 000	225 000	341 000
Total Retained Equity	−393 000	−354 000	−157 000
Total Equity	−199 000	−160 000	38 000
Total Long-Term Debt	307 000	298 000	288 000
Total Current Debt	42 000	88 000	16 000
Total Equity and Debt	150 000	225 000	341 000

Cash flow (NOK)	2022	2021	2020
Sales Income	79 000	263 000	50 000
Other Income	0	0	0
Revenue	79 000	263 000	50 000
Cost of Goods Sold	0	0	0
Salary Costs	−3 000	214 000	0
Depreciation	29 000	26 000	6 000
Impairment	0	0	0
Expenditure	119 000	460 000	207 000
Operating Profit	−39 000	−197 000	−157 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−39 000	−197 000	−157 000

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	0	0	0
Fixtures	23 000	37 000	29 000
Total Tangible Assets	138 000	167 000	174 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	138 000	167 000	174 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	13 000	59 000	141 000
Total Current Assets	13 000	59 000	167 000
Total Assets	150 000	225 000	341 000
Total Equity	−199 000	−160 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	307 000	298 000	288 000
Creditors	2 000	0	2 000
Unpaid Taxes	7 000	39 000	0
Dividends	0	0	0
Other Current Debt	34 000	48 000	13 000
Total Current Debt	42 000	88 000	16 000
Total Equity and Debt	150 000	225 000	341 000

Financial indicators	2022	2021	2020
Return on Equity	19,6 %	123,13 %	−413,16 %
Debt-to-Equity Ratio	−1,54	−1,86	7,58
Operating Profit Margin	−49,37 %	−74,9 %	−314 %
Current Ratio	0,31	0,67	10,44
Quick Ratio	0,31	0,67	10,44
Equity Ratio	−1,33	−0,71	0,11
Gross Profit Margin	100 %	100 %	100 %