KAAEN RAKKESTAD ELEKTRO AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

15,94 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 608 000	5 127 000	4 939 000	3 684 000
Net Income	322 000	290 000	650 000	−8 000
Total Assets	3 941 000	3 626 000	3 798 000	2 602 000
Total Equity	2 020 000	1 698 000	1 658 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 608 000	5 127 000	4 939 000	3 684 000
Expenditure	5 201 000	4 762 000	4 116 000	3 694 000
Operating Profit	407 000	366 000	824 000	−10 000
Financial Income	6 000	3 000	3 000	5 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	5 000	2 000	3 000	4 000
Earnings Before Tax	413 000	368 000	826 000	−7 000
Tax	91 000	77 000	177 000	1 000
Net Income	322 000	290 000	650 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	208 000	0	5 000
Total Current Assets	3 783 000	3 418 000	3 798 000	2 597 000
Total Assets	3 941 000	3 626 000	3 798 000	2 602 000
Total Retained Equity	1 919 000	1 597 000	1 556 000	1 557 000
Total Equity	2 020 000	1 698 000	1 658 000	1 658 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	1 921 000	1 927 000	2 142 000	944 000
Total Equity and Debt	3 941 000	3 626 000	3 799 000	2 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 608 000	5 127 000	4 705 000	3 684 000
Other Income	0	0	234 000	0
Revenue	5 608 000	5 127 000	4 939 000	3 684 000
Cost of Goods Sold	1 832 000	1 604 000	1 372 000	1 237 000
Salary Costs	2 555 000	2 299 000	2 165 000	2 007 000
Depreciation	50 000	42 000	5 000	10 000
Impairment	0	0	0	0
Expenditure	5 201 000	4 762 000	4 116 000	3 694 000
Operating Profit	407 000	366 000	824 000	−10 000
Financial Income	6 000	3 000	3 000	5 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	5 000	2 000	3 000	4 000
Dividends	0	250 000	650 000	0
Net Income	322 000	290 000	650 000	−8 000

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	5 000
Fixtures	158 000	208 000	0	0
Total Tangible Assets	158 000	208 000	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	208 000	0	5 000
Stock	1 004 000	913 000	779 000	753 000
Total Investments	0	0	0	0
Cash, Bank	1 143 000	1 324 000	1 657 000	1 208 000
Total Current Assets	3 783 000	3 418 000	3 798 000	2 597 000
Total Assets	3 941 000	3 626 000	3 798 000	2 602 000
Total Equity	2 020 000	1 698 000	1 658 000	1 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	463 000	416 000	323 000	243 000
Unpaid Taxes	610 000	518 000	623 000	374 000
Dividends	0	250 000	650 000	0
Other Current Debt	743 000	653 000	354 000	312 000
Total Current Debt	1 921 000	1 927 000	2 142 000	944 000
Total Equity and Debt	3 941 000	3 626 000	3 799 000	2 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,94 %	17,08 %	39,2 %	−0,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,26 %	7,14 %	16,68 %	−0,27 %
Current Ratio	1,97	1,77	1,77	2,75
Quick Ratio	4,13	3,37	2,79	13,6
Equity Ratio	0,51	0,47	0,44	0,64
Gross Profit Margin	67,33 %	68,71 %	72,22 %	66,42 %