RAC NORWAY AS

1383 ASKER

Finances

Return on Equity

24,18 %

Current Ratio

1,14

Debt-to-Equity Ratio

4,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	337 342 000	277 818 000	436 001 000	647 991 000
Net Income	4 637 000	−68 697 000	−91 034 000	−45 280 000
Total Assets	256 675 000	238 858 000	313 048 000	413 886 000
Total Equity	19 175 000	14 538 000	33 235 000	5 371 000

Income (NOK)	2022	2021	2020	2019
Revenue	337 342 000	277 818 000	436 001 000	647 991 000
Expenditure	328 169 000	345 195 000	517 447 000	688 143 000
Operating Profit	9 172 000	−67 377 000	−81 445 000	−40 151 000
Financial Income	1 494 000	389 000	250 000	250 000
Financial Costs	6 029 000	1 709 000	9 838 000	5 378 000
Financial Balance	−4 535 000	−1 320 000	−9 588 000	−5 128 000
Earnings Before Tax	4 637 000	−68 697 000	−91 034 000	−45 280 000
Tax	0	0	0	0
Net Income	4 637 000	−68 697 000	−91 034 000	−45 280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 751 000	92 237 000	122 325 000	124 981 000
Total Current Assets	177 924 000	146 620 000	190 722 000	288 904 000
Total Assets	256 675 000	238 858 000	313 048 000	413 886 000
Total Retained Equity	−221 712 000	−226 348 000	−157 651 000	−66 618 000
Total Equity	19 175 000	14 538 000	33 235 000	5 371 000
Total Long-Term Debt	80 823 000	76 779 000	119 421 000	103 931 000
Total Current Debt	156 676 000	147 540 000	160 391 000	304 583 000
Total Equity and Debt	256 675 000	238 858 000	313 048 000	413 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 605 000	277 818 000	436 001 000	647 991 000
Other Income	4 736 000	0	0	0
Revenue	337 342 000	277 818 000	436 001 000	647 991 000
Cost of Goods Sold	0	0	0	0
Salary Costs	76 318 000	78 063 000	85 477 000	114 920 000
Depreciation	18 281 000	21 394 000	23 776 000	29 375 000
Impairment	0	0	0	0
Expenditure	328 169 000	345 195 000	517 447 000	688 143 000
Operating Profit	9 172 000	−67 377 000	−81 445 000	−40 151 000
Financial Income	1 494 000	389 000	250 000	250 000
Financial Costs	6 029 000	1 709 000	9 838 000	5 378 000
Financial Balance	−4 535 000	−1 320 000	−9 588 000	−5 128 000
Dividends	0	0	0	0
Net Income	4 637 000	−68 697 000	−91 034 000	−45 280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 421 000	13 357 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	73 591 000	87 519 000	110 219 000	104 256 000
Fixtures	4 321 000	3 528 000	3 306 000	5 988 000
Total Tangible Assets	77 912 000	91 047 000	113 525 000	110 244 000
Total Fiancial Fixed Assets	839 000	1 190 000	1 380 000	1 380 000
Total Fixed Assets	78 751 000	92 237 000	122 325 000	124 981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 839 000	49 402 000	26 079 000	25 377 000
Total Current Assets	177 924 000	146 620 000	190 722 000	288 904 000
Total Assets	256 675 000	238 858 000	313 048 000	413 886 000
Total Equity	19 175 000	14 538 000	33 235 000	5 371 000
Short-Term Group Debt	8 280 000	7 410 000	6 580 000	103 746 000
Total Long-Term Debt	80 823 000	76 779 000	119 421 000	103 931 000
Creditors	16 219 000	1 634 000	21 052 000	19 731 000
Unpaid Taxes	10 783 000	0	0	14 009 000
Dividends	0	0	0	0
Other Current Debt	121 395 000	126 263 000	128 452 000	167 098 000
Total Current Debt	156 676 000	147 540 000	160 391 000	304 583 000
Total Equity and Debt	256 675 000	238 858 000	313 048 000	413 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,18 %	−472,53 %	−273,91 %	−843,05 %
Debt-to-Equity Ratio	4,22	5,28	3,59	19,35
Operating Profit Margin	2,72 %	−24,25 %	−18,68 %	−6,2 %
Current Ratio	1,14	0,99	1,19	0,95
Quick Ratio	1,14	0,99	1,19	0,95
Equity Ratio	0,07	0,06	0,11	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %