RADI RETAIL AS

6010 ÅLESUND

Finances

Return on Equity

37,39 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	346 000	695 000	1 244 000	655 000
Net Income	−636 000	−343 000	−357 000	−669 000
Total Assets	739 000	732 000	1 075 000	1 722 000
Total Equity	−1 701 000	−1 065 000	−722 000	−365 000

Income (NOK)	2022	2021	2020	2019
Revenue	346 000	695 000	1 244 000	655 000
Expenditure	977 000	1 036 000	1 128 000	1 319 000
Operating Profit	−632 000	−342 000	116 000	−664 000
Financial Income	0	0	0	2 000
Financial Costs	4 000	2 000	473 000	6 000
Financial Balance	−4 000	−2 000	−473 000	−4 000
Earnings Before Tax	−636 000	−343 000	−357 000	−669 000
Tax	0	0	0	0
Net Income	−636 000	−343 000	−357 000	−669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	704 000	707 000	866 000	850 000
Total Current Assets	36 000	25 000	210 000	872 000
Total Assets	739 000	732 000	1 075 000	1 722 000
Total Retained Equity	−1 801 000	−1 165 000	−822 000	−465 000
Total Equity	−1 701 000	−1 065 000	−722 000	−365 000
Total Long-Term Debt	136 000	136 000	0	0
Total Current Debt	2 304 000	1 662 000	1 797 000	2 087 000
Total Equity and Debt	739 000	732 000	1 075 000	1 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	346 000	695 000	1 218 000	600 000
Other Income	0	0	26 000	55 000
Revenue	346 000	695 000	1 244 000	655 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	473 000	593 000	442 000	819 000
Depreciation	3 000	3 000	2 000	0
Impairment	0	0	0	0
Expenditure	977 000	1 036 000	1 128 000	1 319 000
Operating Profit	−632 000	−342 000	116 000	−664 000
Financial Income	0	0	0	2 000
Financial Costs	4 000	2 000	473 000	6 000
Financial Balance	−4 000	−2 000	−473 000	−4 000
Dividends	0	0	0	0
Net Income	−636 000	−343 000	−357 000	−669 000

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	9 000	12 000	16 000	0
Total Tangible Assets	9 000	12 000	16 000	0
Total Fiancial Fixed Assets	695 000	695 000	850 000	850 000
Total Fixed Assets	704 000	707 000	866 000	850 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	6 000	168 000	2 000
Total Current Assets	36 000	25 000	210 000	872 000
Total Assets	739 000	732 000	1 075 000	1 722 000
Total Equity	−1 701 000	−1 065 000	−722 000	−365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	136 000	136 000	0	0
Creditors	7 000	0	57 000	106 000
Unpaid Taxes	24 000	25 000	25 000	252 000
Dividends	0	0	0	0
Other Current Debt	2 273 000	1 637 000	1 714 000	1 729 000
Total Current Debt	2 304 000	1 662 000	1 797 000	2 087 000
Total Equity and Debt	739 000	732 000	1 075 000	1 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,39 %	32,21 %	49,45 %	183,29 %
Debt-to-Equity Ratio	−0,08	−0,13	−0	−0
Operating Profit Margin	−182,66 %	−49,21 %	9,32 %	−101,37 %
Current Ratio	0,02	0,02	0,12	0,42
Quick Ratio	0,02	0,02	0,12	0,42
Equity Ratio	−2,3	−1,45	−0,67	−0,21
Gross Profit Margin	100 %	100 %	100 %	99,85 %