RAKVÅG GLASS AS

6419 MOLDE

Finances

Share Ownership

Return on Equity

2,89 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 598 000	35 170 000	42 802 000	39 764 000
Net Income	142 000	52 000	406 000	51 000
Total Assets	15 463 000	15 366 000	13 822 000	15 272 000
Total Equity	4 909 000	4 767 000	4 681 000	4 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 598 000	35 170 000	42 802 000	39 764 000
Expenditure	42 886 000	34 837 000	41 881 000	39 492 000
Operating Profit	712 000	334 000	920 000	272 000
Financial Income	44 000	38 000	54 000	105 000
Financial Costs	637 000	370 000	481 000	307 000
Financial Balance	−593 000	−332 000	−427 000	−202 000
Earnings Before Tax	119 000	2 000	494 000	71 000
Tax	−23 000	−50 000	88 000	19 000
Net Income	142 000	52 000	406 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	158 000	132 000	94 000
Total Current Assets	15 223 000	15 208 000	13 690 000	15 178 000
Total Assets	15 463 000	15 366 000	13 822 000	15 272 000
Total Retained Equity	3 320 000	3 178 000	3 126 000	2 720 000
Total Equity	4 909 000	4 767 000	4 681 000	4 275 000
Total Long-Term Debt	0	333 000	840 000	1 333 000
Total Current Debt	10 554 000	10 266 000	8 301 000	9 664 000
Total Equity and Debt	15 463 000	15 366 000	13 822 000	15 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 598 000	35 120 000	42 802 000	39 764 000
Other Income	0	50 000	0	0
Revenue	43 598 000	35 170 000	42 802 000	39 764 000
Cost of Goods Sold	18 241 000	11 936 000	17 414 000	14 548 000
Salary Costs	13 180 000	12 584 000	13 134 000	13 806 000
Depreciation	11 000	13 000	13 000	2 000
Impairment	0	0	0	0
Expenditure	42 886 000	34 837 000	41 881 000	39 492 000
Operating Profit	712 000	334 000	920 000	272 000
Financial Income	44 000	38 000	54 000	105 000
Financial Costs	637 000	370 000	481 000	307 000
Financial Balance	−593 000	−332 000	−427 000	−202 000
Dividends	0	0	0	0
Net Income	142 000	52 000	406 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	131 000	44 000	24 000	94 000
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	109 000	114 000	108 000	0
Total Fixed Assets	240 000	158 000	132 000	94 000
Stock	8 028 000	8 173 000	6 724 000	7 255 000
Total Investments	0	0	0	0
Cash, Bank	498 000	449 000	504 000	446 000
Total Current Assets	15 223 000	15 208 000	13 690 000	15 178 000
Total Assets	15 463 000	15 366 000	13 822 000	15 272 000
Total Equity	4 909 000	4 767 000	4 681 000	4 275 000
Short-Term Group Debt	993 000	185 000	398 000	1 508 000
Total Long-Term Debt	0	333 000	840 000	1 333 000
Creditors	1 870 000	2 902 000	3 149 000	1 902 000
Unpaid Taxes	2 383 000	1 747 000	2 260 000	1 897 000
Dividends	0	0	0	0
Other Current Debt	1 255 000	2 343 000	1 113 000	1 575 000
Total Current Debt	10 554 000	10 266 000	8 301 000	9 664 000
Total Equity and Debt	15 463 000	15 366 000	13 822 000	15 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,89 %	1,09 %	8,67 %	1,19 %
Debt-to-Equity Ratio	0	0,07	0,18	0,31
Operating Profit Margin	1,63 %	0,95 %	2,15 %	0,68 %
Current Ratio	1,44	1,48	1,65	1,57
Quick Ratio	6,03	7,27	8,68	6,3
Equity Ratio	0,32	0,31	0,34	0,28
Gross Profit Margin	58,16 %	66,06 %	59,31 %	63,41 %