RAKKESTAD EIENDOM AS

1739 BORGENHAUGEN

Finances

Return on Equity

10,06 %

Current Ratio

5,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	835 000	737 000	702 000
Net Income	665 000	377 000	766 000	285 000
Total Assets	7 104 000	6 935 000	9 866 000	9 387 000
Total Equity	6 608 000	5 944 000	5 567 000	4 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	835 000	737 000	702 000
Expenditure	229 000	576 000	315 000	390 000
Operating Profit	−179 000	260 000	422 000	313 000
Financial Income	822 000	186 000	486 000	95 000
Financial Costs	0	3 000	38 000	43 000
Financial Balance	822 000	183 000	448 000	52 000
Earnings Before Tax	644 000	442 000	869 000	365 000
Tax	−21 000	65 000	103 000	80 000
Net Income	665 000	377 000	766 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 390 000	5 207 000	5 278 000	3 709 000
Total Current Assets	2 713 000	1 728 000	4 587 000	5 677 000
Total Assets	7 104 000	6 935 000	9 866 000	9 387 000
Total Retained Equity	6 208 000	5 544 000	5 167 000	4 401 000
Total Equity	6 608 000	5 944 000	5 567 000	4 801 000
Total Long-Term Debt	0	168 000	169 000	165 000
Total Current Debt	495 000	823 000	4 130 000	4 421 000
Total Equity and Debt	7 104 000	6 935 000	9 866 000	9 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	50 000	835 000	737 000	702 000
Revenue	50 000	835 000	737 000	702 000
Cost of Goods Sold	0	15 000	0	0
Salary Costs	13 000	1 000	1 000	1 000
Depreciation	0	50 000	0	26 000
Impairment	0	0	0	0
Expenditure	229 000	576 000	315 000	390 000
Operating Profit	−179 000	260 000	422 000	313 000
Financial Income	822 000	186 000	486 000	95 000
Financial Costs	0	3 000	38 000	43 000
Financial Balance	822 000	183 000	448 000	52 000
Dividends	0	0	0	0
Net Income	665 000	377 000	766 000	285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 786 000	2 857 000	2 857 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 786 000	2 857 000	2 857 000
Total Fiancial Fixed Assets	4 390 000	2 421 000	2 421 000	852 000
Total Fixed Assets	4 390 000	5 207 000	5 278 000	3 709 000
Stock	0	0	0	0
Total Investments	0	0	2 500 000	2 500 000
Cash, Bank	1 446 000	452 000	242 000	306 000
Total Current Assets	2 713 000	1 728 000	4 587 000	5 677 000
Total Assets	7 104 000	6 935 000	9 866 000	9 387 000
Total Equity	6 608 000	5 944 000	5 567 000	4 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	168 000	169 000	165 000
Creditors	−5 000	18 000	16 000	17 000
Unpaid Taxes	2 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	441 000	738 000	4 014 000	4 328 000
Total Current Debt	495 000	823 000	4 130 000	4 421 000
Total Equity and Debt	7 104 000	6 935 000	9 866 000	9 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,06 %	6,34 %	13,76 %	5,94 %
Debt-to-Equity Ratio	0	0,03	0,03	0,03
Operating Profit Margin	−358 %	31,14 %	57,26 %	44,59 %
Current Ratio	5,48	2,1	1,11	1,28
Quick Ratio	5,48	2,1	1,11	1,28
Equity Ratio	0,93	0,86	0,56	0,51
Gross Profit Margin	100 %	98,2 %	100 %	100 %