RAKNES EIENDOM AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

27,42 %

Current Ratio

4,19

Debt-to-Equity Ratio

6,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	993 000	1 203 000	992 000	968 000
Net Income	340 000	574 000	429 000	196 000
Total Assets	8 995 000	5 547 000	5 123 000	473 000
Total Equity	1 240 000	901 000	827 000	398 000

Income (NOK)	2022	2021	2020	2019
Revenue	993 000	1 203 000	992 000	968 000
Expenditure	266 000	335 000	347 000	707 000
Operating Profit	727 000	868 000	645 000	261 000
Financial Income	24 000	9 000	5 000	1 000
Financial Costs	327 000	153 000	114 000	0
Financial Balance	−303 000	−144 000	−109 000	1 000
Earnings Before Tax	424 000	723 000	536 000	262 000
Tax	84 000	149 000	107 000	65 000
Net Income	340 000	574 000	429 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 231 000	4 313 000	4 321 000	68 000
Total Current Assets	763 000	1 234 000	802 000	405 000
Total Assets	8 995 000	5 547 000	5 123 000	473 000
Total Retained Equity	1 140 000	801 000	727 000	298 000
Total Equity	1 240 000	901 000	827 000	398 000
Total Long-Term Debt	7 573 000	3 868 000	4 110 000	0
Total Current Debt	182 000	778 000	186 000	75 000
Total Equity and Debt	8 995 000	5 547 000	5 123 000	473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	993 000	1 203 000	992 000	968 000
Revenue	993 000	1 203 000	992 000	968 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	8 000	8 000	96 000
Impairment	0	0	0	0
Expenditure	266 000	335 000	347 000	707 000
Operating Profit	727 000	868 000	645 000	261 000
Financial Income	24 000	9 000	5 000	1 000
Financial Costs	327 000	153 000	114 000	0
Financial Balance	−303 000	−144 000	−109 000	1 000
Dividends	0	500 000	0	0
Net Income	340 000	574 000	429 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 684 000	52 000	60 000	68 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 684 000	52 000	60 000	68 000
Total Fiancial Fixed Assets	2 547 000	4 260 000	4 260 000	0
Total Fixed Assets	8 231 000	4 313 000	4 321 000	68 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	763 000	1 234 000	792 000	395 000
Total Current Assets	763 000	1 234 000	802 000	405 000
Total Assets	8 995 000	5 547 000	5 123 000	473 000
Total Equity	1 240 000	901 000	827 000	398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 573 000	3 868 000	4 110 000	0
Creditors	73 000	100 000	50 000	10 000
Unpaid Taxes	24 000	28 000	29 000	0
Dividends	0	500 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	182 000	778 000	186 000	75 000
Total Equity and Debt	8 995 000	5 547 000	5 123 000	473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,42 %	63,71 %	51,87 %	49,25 %
Debt-to-Equity Ratio	6,11	4,29	4,97	0
Operating Profit Margin	73,21 %	72,15 %	65,02 %	26,96 %
Current Ratio	4,19	1,59	4,31	5,4
Quick Ratio	4,19	1,59	4,31	5,4
Equity Ratio	0,14	0,16	0,16	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %