RACOM AS

0581 OSLO

Finances

Return on Equity

−913,65 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 559 000	27 796 000	30 182 000	26 926 000
Net Income	−3 883 000	200 000	2 444 000	973 000
Total Assets	11 872 000	14 663 000	19 119 000	13 771 000
Total Equity	425 000	4 308 000	6 308 000	3 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 559 000	27 796 000	30 182 000	26 926 000
Expenditure	22 312 000	27 342 000	27 239 000	25 738 000
Operating Profit	−3 753 000	454 000	2 944 000	1 187 000
Financial Income	280 000	162 000	484 000	194 000
Financial Costs	409 000	346 000	393 000	244 000
Financial Balance	−129 000	−184 000	91 000	−50 000
Earnings Before Tax	−3 883 000	271 000	3 034 000	1 137 000
Tax	0	71 000	591 000	164 000
Net Income	−3 883 000	200 000	2 444 000	973 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	749 000	1 154 000	1 493 000	1 709 000
Total Current Assets	11 124 000	13 510 000	17 626 000	12 063 000
Total Assets	11 872 000	14 663 000	19 119 000	13 771 000
Total Retained Equity	−2 219 000	761 000	2 761 000	418 000
Total Equity	425 000	4 308 000	6 308 000	3 964 000
Total Long-Term Debt	0	0	0	113 000
Total Current Debt	11 447 000	10 356 000	12 811 000	9 694 000
Total Equity and Debt	11 872 000	14 663 000	19 119 000	13 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 559 000	27 746 000	30 182 000	26 926 000
Other Income	0	50 000	0	0
Revenue	18 559 000	27 796 000	30 182 000	26 926 000
Cost of Goods Sold	5 819 000	10 215 000	10 534 000	8 523 000
Salary Costs	12 409 000	12 884 000	12 458 000	13 045 000
Depreciation	309 000	220 000	415 000	178 000
Impairment	0	0	0	0
Expenditure	22 312 000	27 342 000	27 239 000	25 738 000
Operating Profit	−3 753 000	454 000	2 944 000	1 187 000
Financial Income	280 000	162 000	484 000	194 000
Financial Costs	409 000	346 000	393 000	244 000
Financial Balance	−129 000	−184 000	91 000	−50 000
Dividends	0	0	0	0
Net Income	−3 883 000	200 000	2 444 000	973 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	628 000	773 000	949 000	1 165 000
Total Tangible Assets	628 000	773 000	949 000	1 165 000
Total Fiancial Fixed Assets	121 000	381 000	544 000	544 000
Total Fixed Assets	749 000	1 154 000	1 493 000	1 709 000
Stock	846 000	665 000	612 000	595 000
Total Investments	0	0	0	0
Cash, Bank	1 257 000	5 168 000	7 296 000	7 195 000
Total Current Assets	11 124 000	13 510 000	17 626 000	12 063 000
Total Assets	11 872 000	14 663 000	19 119 000	13 771 000
Total Equity	425 000	4 308 000	6 308 000	3 964 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	113 000
Creditors	3 542 000	3 136 000	3 397 000	993 000
Unpaid Taxes	2 134 000	2 079 000	2 481 000	2 650 000
Dividends	0	0	0	0
Other Current Debt	5 771 000	5 070 000	6 365 000	6 051 000
Total Current Debt	11 447 000	10 356 000	12 811 000	9 694 000
Total Equity and Debt	11 872 000	14 663 000	19 119 000	13 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−913,65 %	4,64 %	38,74 %	24,55 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−20,22 %	1,63 %	9,75 %	4,41 %
Current Ratio	0,97	1,3	1,38	1,24
Quick Ratio	1,05	1,39	1,44	1,33
Equity Ratio	0,04	0,29	0,33	0,29
Gross Profit Margin	68,65 %	63,25 %	65,1 %	68,35 %