RÅDE FJERNVARME AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

15,93 %

Current Ratio

2,15

Debt-to-Equity Ratio

3,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	768 000	712 000	403 000	554 000
Net Income	76 000	156 000	−241 000	6 000
Total Assets	2 227 000	2 341 000	2 361 000	2 595 000
Total Equity	477 000	401 000	−655 000	−414 000

Income (NOK)	2022	2021	2020	2019
Revenue	768 000	712 000	403 000	554 000
Expenditure	653 000	516 000	436 000	480 000
Operating Profit	115 000	196 000	−33 000	75 000
Financial Income	0	0	0	0
Financial Costs	39 000	39 000	51 000	67 000
Financial Balance	−39 000	−39 000	−51 000	−67 000
Earnings Before Tax	76 000	156 000	−84 000	8 000
Tax	0	0	158 000	2 000
Net Income	76 000	156 000	−241 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 012 000	2 130 000	2 248 000	2 523 000
Total Current Assets	215 000	211 000	113 000	72 000
Total Assets	2 227 000	2 341 000	2 361 000	2 595 000
Total Retained Equity	−548 000	−624 000	−780 000	−539 000
Total Equity	477 000	401 000	−655 000	−414 000
Total Long-Term Debt	1 650 000	1 800 000	2 850 000	3 000 000
Total Current Debt	100 000	140 000	166 000	9 000
Total Equity and Debt	2 227 000	2 341 000	2 361 000	2 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	768 000	712 000	403 000	554 000
Other Income	0	0	0	0
Revenue	768 000	712 000	403 000	554 000
Cost of Goods Sold	297 000	263 000	230 000	275 000
Salary Costs	0	0	0	0
Depreciation	118 000	118 000	118 000	118 000
Impairment	0	0	0	0
Expenditure	653 000	516 000	436 000	480 000
Operating Profit	115 000	196 000	−33 000	75 000
Financial Income	0	0	0	0
Financial Costs	39 000	39 000	51 000	67 000
Financial Balance	−39 000	−39 000	−51 000	−67 000
Dividends	0	0	0	0
Net Income	76 000	156 000	−241 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	158 000
Real Eastate	1 081 000	1 147 000	1 213 000	1 279 000
Machinery and Plant Facilities	932 000	983 000	1 035 000	1 086 000
Fixtures	0	0	0	0
Total Tangible Assets	2 012 000	2 130 000	2 248 000	2 365 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 012 000	2 130 000	2 248 000	2 523 000
Stock	25 000	30 000	35 000	36 000
Total Investments	0	0	0	0
Cash, Bank	3 000	4 000	1 000	37 000
Total Current Assets	215 000	211 000	113 000	72 000
Total Assets	2 227 000	2 341 000	2 361 000	2 595 000
Total Equity	477 000	401 000	−655 000	−414 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 650 000	1 800 000	2 850 000	3 000 000
Creditors	81 000	78 000	164 000	0
Unpaid Taxes	17 000	60 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	4 000
Total Current Debt	100 000	140 000	166 000	9 000
Total Equity and Debt	2 227 000	2 341 000	2 361 000	2 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,93 %	38,9 %	36,79 %	−1,45 %
Debt-to-Equity Ratio	3,46	4,49	−4,35	−7,25
Operating Profit Margin	14,97 %	27,53 %	−8,19 %	13,54 %
Current Ratio	2,15	1,51	0,68	8
Quick Ratio	2,87	1,92	0,86	−2,67
Equity Ratio	0,21	0,17	−0,28	−0,16
Gross Profit Margin	61,33 %	63,06 %	42,93 %	50,36 %