RAGDE AS

2414 ELVERUM

Finances

Return on Equity

13,81 %

Current Ratio

10,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	611 000	310 000	271 000	122 000
Net Income	279 000	454 000	627 000	298 000
Total Assets	2 206 000	1 819 000	1 378 000	887 000
Total Equity	2 021 000	1 741 000	1 287 000	760 000

Income (NOK)	2022	2021	2020	2019
Revenue	611 000	310 000	271 000	122 000
Expenditure	256 000	205 000	130 000	85 000
Operating Profit	355 000	104 000	141 000	37 000
Financial Income	4 000	376 000	521 000	271 000
Financial Costs	0	1 000	0	0
Financial Balance	4 000	375 000	521 000	271 000
Earnings Before Tax	358 000	480 000	662 000	308 000
Tax	79 000	26 000	35 000	10 000
Net Income	279 000	454 000	627 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	309 000	315 000	321 000
Total Current Assets	1 900 000	1 510 000	1 063 000	565 000
Total Assets	2 206 000	1 819 000	1 378 000	887 000
Total Retained Equity	1 921 000	1 641 000	1 187 000	660 000
Total Equity	2 021 000	1 741 000	1 287 000	760 000
Total Long-Term Debt	0	3 000	2 000	4 000
Total Current Debt	185 000	75 000	89 000	123 000
Total Equity and Debt	2 206 000	1 819 000	1 378 000	887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	611 000	310 000	271 000	122 000
Other Income	0	0	0	0
Revenue	611 000	310 000	271 000	122 000
Cost of Goods Sold	161 000	140 000	59 000	39 000
Salary Costs	0	0	0	0
Depreciation	3 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	256 000	205 000	130 000	85 000
Operating Profit	355 000	104 000	141 000	37 000
Financial Income	4 000	376 000	521 000	271 000
Financial Costs	0	1 000	0	0
Financial Balance	4 000	375 000	521 000	271 000
Dividends	0	0	100 000	250 000
Net Income	279 000	454 000	627 000	298 000

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	6 000
Fixtures	2 000	5 000	10 000	11 000
Total Tangible Assets	2 000	5 000	10 000	16 000
Total Fiancial Fixed Assets	305 000	305 000	305 000	305 000
Total Fixed Assets	306 000	309 000	315 000	321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 890 000	1 072 000	787 000	293 000
Total Current Assets	1 900 000	1 510 000	1 063 000	565 000
Total Assets	2 206 000	1 819 000	1 378 000	887 000
Total Equity	2 021 000	1 741 000	1 287 000	760 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	2 000	4 000
Creditors	2 000	15 000	6 000	0
Unpaid Taxes	102 000	36 000	47 000	14 000
Dividends	0	0	100 000	250 000
Other Current Debt	0	0	0	0
Total Current Debt	185 000	75 000	89 000	123 000
Total Equity and Debt	2 206 000	1 819 000	1 378 000	887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,81 %	26,08 %	48,72 %	39,21 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	58,1 %	33,55 %	52,03 %	30,33 %
Current Ratio	10,27	20,13	11,94	4,59
Quick Ratio	10,27	20,13	11,94	4,59
Equity Ratio	0,92	0,96	0,93	0,86
Gross Profit Margin	73,65 %	54,84 %	78,23 %	68,03 %