RAKON AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

101,85 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 506 000	62 947 000	31 605 000	45 533 000
Net Income	8 901 000	8 743 000	1 715 000	8 517 000
Total Assets	31 111 000	30 636 000	12 670 000	19 468 000
Total Equity	8 739 000	5 380 000	6 235 000	4 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 506 000	62 947 000	31 605 000	45 533 000
Expenditure	62 001 000	51 630 000	29 339 000	34 623 000
Operating Profit	11 505 000	11 317 000	2 266 000	10 909 000
Financial Income	43 000	8 000	31 000	48 000
Financial Costs	5 000	1 000	4 000	6 000
Financial Balance	38 000	7 000	27 000	42 000
Earnings Before Tax	11 542 000	11 324 000	2 293 000	10 951 000
Tax	2 641 000	2 581 000	578 000	2 434 000
Net Income	8 901 000	8 743 000	1 715 000	8 517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 569 000	2 676 000	2 753 000	3 509 000
Total Current Assets	28 543 000	27 960 000	9 917 000	15 960 000
Total Assets	31 111 000	30 636 000	12 670 000	19 468 000
Total Retained Equity	8 639 000	5 280 000	6 135 000	4 087 000
Total Equity	8 739 000	5 380 000	6 235 000	4 187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 372 000	25 256 000	6 435 000	15 281 000
Total Equity and Debt	31 111 000	30 636 000	12 670 000	19 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 506 000	62 822 000	31 605 000	45 533 000
Other Income	0	125 000	0	0
Revenue	73 506 000	62 947 000	31 605 000	45 533 000
Cost of Goods Sold	20 387 000	21 625 000	8 051 000	16 802 000
Salary Costs	36 172 000	27 060 000	18 790 000	15 304 000
Depreciation	889 000	1 051 000	982 000	908 000
Impairment	0	0	0	0
Expenditure	62 001 000	51 630 000	29 339 000	34 623 000
Operating Profit	11 505 000	11 317 000	2 266 000	10 909 000
Financial Income	43 000	8 000	31 000	48 000
Financial Costs	5 000	1 000	4 000	6 000
Financial Balance	38 000	7 000	27 000	42 000
Dividends	6 000 000	10 000 000	0	8 000 000
Net Income	8 901 000	8 743 000	1 715 000	8 517 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	298 000	264 000	171 000	94 000
Real Eastate	587 000	689 000	791 000	893 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 683 000	1 722 000	1 790 000	2 521 000
Total Tangible Assets	2 271 000	2 411 000	2 581 000	3 414 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 569 000	2 676 000	2 753 000	3 509 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 043 000	8 529 000	4 924 000	10 354 000
Total Current Assets	28 543 000	27 960 000	9 917 000	15 960 000
Total Assets	31 111 000	30 636 000	12 670 000	19 468 000
Total Equity	8 739 000	5 380 000	6 235 000	4 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 920 000	3 623 000	618 000	1 099 000
Unpaid Taxes	2 848 000	2 459 000	1 351 000	1 631 000
Dividends	6 000 000	10 000 000	0	8 000 000
Other Current Debt	7 930 000	6 500 000	3 810 000	2 073 000
Total Current Debt	22 372 000	25 256 000	6 435 000	15 281 000
Total Equity and Debt	31 111 000	30 636 000	12 670 000	19 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,85 %	162,51 %	27,51 %	203,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,65 %	17,98 %	7,17 %	23,96 %
Current Ratio	1,28	1,11	1,54	1,04
Quick Ratio	1,28	1,11	1,54	1,04
Equity Ratio	0,28	0,18	0,49	0,22
Gross Profit Margin	72,26 %	65,65 %	74,53 %	63,1 %