RACO AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

75 %

Current Ratio

0,12

Debt-to-Equity Ratio

34,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	928 000	823 000	652 000	178 000
Net Income	156 000	178 000	1 000	−239 000
Total Assets	10 047 000	10 465 000	11 272 000	6 501 000
Total Equity	208 000	51 000	−127 000	−128 000

Income (NOK)	2022	2021	2020	2019
Revenue	928 000	823 000	652 000	178 000
Expenditure	400 000	330 000	268 000	234 000
Operating Profit	528 000	494 000	384 000	−57 000
Financial Income	0	0	0	0
Financial Costs	372 000	315 000	382 000	182 000
Financial Balance	−372 000	−315 000	−382 000	−182 000
Earnings Before Tax	156 000	178 000	1 000	−239 000
Tax	0	0	0	0
Net Income	156 000	178 000	1 000	−239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 711 000	9 900 000	10 089 000	5 972 000
Total Current Assets	336 000	565 000	1 183 000	529 000
Total Assets	10 047 000	10 465 000	11 272 000	6 501 000
Total Retained Equity	−2 342 000	−2 499 000	−2 677 000	−2 678 000
Total Equity	208 000	51 000	−127 000	−128 000
Total Long-Term Debt	7 100 000	7 500 000	7 900 000	2 769 000
Total Current Debt	2 739 000	2 914 000	3 499 000	3 860 000
Total Equity and Debt	10 047 000	10 465 000	11 272 000	6 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	0	0	0
Other Income	824 000	823 000	652 000	178 000
Revenue	928 000	823 000	652 000	178 000
Cost of Goods Sold	0	20 000	0	0
Salary Costs	0	0	0	0
Depreciation	189 000	189 000	156 000	130 000
Impairment	0	0	0	0
Expenditure	400 000	330 000	268 000	234 000
Operating Profit	528 000	494 000	384 000	−57 000
Financial Income	0	0	0	0
Financial Costs	372 000	315 000	382 000	182 000
Financial Balance	−372 000	−315 000	−382 000	−182 000
Dividends	0	0	0	0
Net Income	156 000	178 000	1 000	−239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 711 000	9 900 000	10 089 000	5 972 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 711 000	9 900 000	10 089 000	5 972 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 711 000	9 900 000	10 089 000	5 972 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	314 000	463 000	1 037 000	84 000
Total Current Assets	336 000	565 000	1 183 000	529 000
Total Assets	10 047 000	10 465 000	11 272 000	6 501 000
Total Equity	208 000	51 000	−127 000	−128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 100 000	7 500 000	7 900 000	2 769 000
Creditors	7 000	−4 000	465 000	741 000
Unpaid Taxes	25 000	32 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 707 000	2 886 000	3 034 000	3 119 000
Total Current Debt	2 739 000	2 914 000	3 499 000	3 860 000
Total Equity and Debt	10 047 000	10 465 000	11 272 000	6 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75 %	349,02 %	−0,79 %	186,72 %
Debt-to-Equity Ratio	34,13	147,06	−62,2	−21,63
Operating Profit Margin	56,9 %	60,02 %	58,9 %	−32,02 %
Current Ratio	0,12	0,19	0,34	0,14
Quick Ratio	0,12	0,19	0,34	0,14
Equity Ratio	0,02	0	−0,01	−0,02
Gross Profit Margin	100 %	97,57 %	100 %	100 %