RAKKESTAD INDUSTRIUTVIKLING AS

1715 YVEN

Finances

Share Ownership

Return on Equity

37,63 %

Current Ratio

−1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	333 000	339 000	346 000
Net Income	263 000	98 000	250 000	228 000
Total Assets	419 000	451 000	602 000	914 000
Total Equity	699 000	635 000	538 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	333 000	339 000	346 000
Expenditure	74 000	227 000	28 000	40 000
Operating Profit	382 000	106 000	312 000	306 000
Financial Income	0	0	0	0
Financial Costs	0	0	7 000	28 000
Financial Balance	0	0	−7 000	−28 000
Earnings Before Tax	382 000	105 000	305 000	279 000
Tax	118 000	8 000	55 000	51 000
Net Income	263 000	98 000	250 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	419 000	451 000	602 000	914 000
Total Assets	419 000	451 000	602 000	914 000
Total Retained Equity	599 000	535 000	438 000	187 000
Total Equity	699 000	635 000	538 000	287 000
Total Long-Term Debt	0	0	0	566 000
Total Current Debt	−280 000	−185 000	65 000	61 000
Total Equity and Debt	419 000	451 000	602 000	914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	455 000	333 000	339 000	346 000
Revenue	455 000	333 000	339 000	346 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	74 000	227 000	28 000	40 000
Operating Profit	382 000	106 000	312 000	306 000
Financial Income	0	0	0	0
Financial Costs	0	0	7 000	28 000
Financial Balance	0	0	−7 000	−28 000
Dividends	400 000	200 000	0	0
Net Income	263 000	98 000	250 000	228 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	451 000	602 000	914 000
Total Current Assets	419 000	451 000	602 000	914 000
Total Assets	419 000	451 000	602 000	914 000
Total Equity	699 000	635 000	538 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	566 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	400 000	200 000	0	0
Other Current Debt	10 000	10 000	10 000	10 000
Total Current Debt	−280 000	−185 000	65 000	61 000
Total Equity and Debt	419 000	451 000	602 000	914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,63 %	15,43 %	46,47 %	79,44 %
Debt-to-Equity Ratio	0	0	0	1,97
Operating Profit Margin	83,96 %	31,83 %	92,04 %	88,44 %
Current Ratio	−1,5	−2,44	9,26	14,98
Quick Ratio	−1,5	−2,44	9,26	14,98
Equity Ratio	1,67	1,41	0,89	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %