RAFO ENGROS AS

1187 OSLO

Finances

Share Ownership

Return on Equity

18,43 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	608 000	1 961 000	3 460 000	3 356 000
Net Income	73 000	154 000	289 000	341 000
Total Assets	1 654 000	1 801 000	1 621 000	1 249 000
Total Equity	396 000	323 000	169 000	−120 000

Income (NOK)	2022	2021	2020	2019
Revenue	608 000	1 961 000	3 460 000	3 356 000
Expenditure	502 000	1 749 000	3 253 000	2 893 000
Operating Profit	107 000	213 000	205 000	462 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	16 000	27 000	27 000
Financial Balance	−13 000	−16 000	−27 000	−25 000
Earnings Before Tax	94 000	197 000	179 000	437 000
Tax	21 000	43 000	−110 000	96 000
Net Income	73 000	154 000	289 000	341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	623 000	643 000	698 000	660 000
Total Current Assets	1 031 000	1 159 000	923 000	589 000
Total Assets	1 654 000	1 801 000	1 621 000	1 249 000
Total Retained Equity	−1 624 000	−1 697 000	−1 851 000	−2 140 000
Total Equity	396 000	323 000	169 000	−120 000
Total Long-Term Debt	292 000	343 000	384 000	428 000
Total Current Debt	967 000	1 136 000	1 068 000	941 000
Total Equity and Debt	1 654 000	1 801 000	1 621 000	1 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	608 000	1 961 000	3 460 000	2 956 000
Other Income	0	0	0	400 000
Revenue	608 000	1 961 000	3 460 000	3 356 000
Cost of Goods Sold	12 000	91 000	208 000	78 000
Salary Costs	473 000	1 640 000	2 996 000	2 708 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	502 000	1 749 000	3 253 000	2 893 000
Operating Profit	107 000	213 000	205 000	462 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	16 000	27 000	27 000
Financial Balance	−13 000	−16 000	−27 000	−25 000
Dividends	0	0	0	0
Net Income	73 000	154 000	289 000	341 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	619 000	639 000	683 000	572 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 000	3 000	16 000	88 000
Total Fixed Assets	623 000	643 000	698 000	660 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	826 000	627 000	511 000	268 000
Total Current Assets	1 031 000	1 159 000	923 000	589 000
Total Assets	1 654 000	1 801 000	1 621 000	1 249 000
Total Equity	396 000	323 000	169 000	−120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	292 000	343 000	384 000	428 000
Creditors	2 000	9 000	8 000	15 000
Unpaid Taxes	123 000	184 000	547 000	344 000
Dividends	0	0	0	0
Other Current Debt	842 000	943 000	513 000	582 000
Total Current Debt	967 000	1 136 000	1 068 000	941 000
Total Equity and Debt	1 654 000	1 801 000	1 621 000	1 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,43 %	47,68 %	171,01 %	−284,17 %
Debt-to-Equity Ratio	0,74	1,06	2,27	−3,57
Operating Profit Margin	17,6 %	10,86 %	5,92 %	13,77 %
Current Ratio	1,07	1,02	0,86	0,63
Quick Ratio	1,07	1,02	0,86	0,63
Equity Ratio	0,24	0,18	0,1	−0,1
Gross Profit Margin	98,03 %	95,36 %	93,99 %	97,68 %