RAG AS

9730 KARASJOK

Finances

Return on Equity

13,45 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	14 000	14 000	0
Net Income	16 000	5 000	5 000	−12 000
Total Assets	271 000	285 000	273 000	272 000
Total Equity	119 000	103 000	98 000	93 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	14 000	14 000	0
Expenditure	7 000	10 000	8 000	12 000
Operating Profit	−7 000	5 000	6 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	−7 000	5 000	7 000	−10 000
Tax	−23 000	0	1 000	3 000
Net Income	16 000	5 000	5 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	270 000	270 000	0
Total Current Assets	1 000	15 000	3 000	272 000
Total Assets	271 000	285 000	273 000	272 000
Total Retained Equity	19 000	3 000	−2 000	−7 000
Total Equity	119 000	103 000	98 000	93 000
Total Long-Term Debt	0	23 000	23 000	23 000
Total Current Debt	152 000	159 000	152 000	156 000
Total Equity and Debt	271 000	285 000	273 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	14 000	14 000	0
Other Income	0	0	0	0
Revenue	0	14 000	14 000	0
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	7 000	10 000	8 000	12 000
Operating Profit	−7 000	5 000	6 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	16 000	5 000	5 000	−12 000

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	270 000	270 000	270 000	0
Total Fixed Assets	270 000	270 000	270 000	0
Stock	0	0	0	0
Total Investments	0	0	0	270 000
Cash, Bank	1 000	0	3 000	2 000
Total Current Assets	1 000	15 000	3 000	272 000
Total Assets	271 000	285 000	273 000	272 000
Total Equity	119 000	103 000	98 000	93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 000	23 000	23 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	150 000	156 000	150 000	153 000
Total Current Debt	152 000	159 000	152 000	156 000
Total Equity and Debt	271 000	285 000	273 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,45 %	4,85 %	5,1 %	−12,9 %
Debt-to-Equity Ratio	0	0,22	0,23	0,25
Operating Profit Margin	-	35,71 %	42,86 %	-
Current Ratio	0,01	0,09	0,02	1,74
Quick Ratio	0,01	0,09	0,02	1,74
Equity Ratio	0,44	0,36	0,36	0,34
Gross Profit Margin	-	100 %	100 %	-