RACSO AS

0260 OSLO

Finances

Return on Equity

20 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	0	0	0
Net Income	478 000	−58 000	3 395 000	3 012 000
Total Assets	4 129 000	3 000 000	3 000 000	1 268 000
Total Equity	2 390 000	1 912 000	1 970 000	1 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	0	0	0
Expenditure	171 000	28 000	32 000	31 000
Operating Profit	629 000	−28 000	−32 000	−31 000
Financial Income	1 000	0	3 457 000	3 056 000
Financial Costs	30 000	30 000	21 000	0
Financial Balance	−29 000	−30 000	3 436 000	3 056 000
Earnings Before Tax	600 000	−58 000	3 404 000	3 025 000
Tax	122 000	0	9 000	13 000
Net Income	478 000	−58 000	3 395 000	3 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 300 000	3 000 000	3 000 000	1 268 000
Total Current Assets	829 000	0	0	0
Total Assets	4 129 000	3 000 000	3 000 000	1 268 000
Total Retained Equity	2 290 000	1 812 000	1 870 000	1 154 000
Total Equity	2 390 000	1 912 000	1 970 000	1 254 000
Total Long-Term Debt	0	1 000 000	1 000 000	0
Total Current Debt	1 739 000	88 000	30 000	13 000
Total Equity and Debt	4 129 000	3 000 000	3 000 000	1 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	800 000	0	0	0
Other Income	0	0	0	0
Revenue	800 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	22 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	171 000	28 000	32 000	31 000
Operating Profit	629 000	−28 000	−32 000	−31 000
Financial Income	1 000	0	3 457 000	3 056 000
Financial Costs	30 000	30 000	21 000	0
Financial Balance	−29 000	−30 000	3 436 000	3 056 000
Dividends	0	0	2 680 000	3 010 000
Net Income	478 000	−58 000	3 395 000	3 012 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 300 000	3 000 000	3 000 000	1 268 000
Total Fixed Assets	3 300 000	3 000 000	3 000 000	1 268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	516 000	0	0	0
Total Current Assets	829 000	0	0	0
Total Assets	4 129 000	3 000 000	3 000 000	1 268 000
Total Equity	2 390 000	1 912 000	1 970 000	1 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000 000	1 000 000	0
Creditors	9 000	0	0	0
Unpaid Taxes	153 000	0	0	0
Dividends	0	0	2 680 000	3 010 000
Other Current Debt	1 455 000	88 000	21 000	0
Total Current Debt	1 739 000	88 000	30 000	13 000
Total Equity and Debt	4 129 000	3 000 000	3 000 000	1 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	−3,03 %	172,34 %	240,19 %
Debt-to-Equity Ratio	0	0,52	0,51	0
Operating Profit Margin	78,63 %	-	-	-
Current Ratio	0,48	0	0	0
Quick Ratio	0,48	0	0	0
Equity Ratio	0,58	0,64	0,66	0,99
Gross Profit Margin	100 %	-	-	-