ROCKETFARM AS

6856 SOGNDAL

Finances

Return on Equity

−202,04 %

Current Ratio

2,67

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 511 000	6 853 000	9 112 000	8 658 000
Net Income	−12 371 000	−10 814 000	−4 584 000	−3 186 000
Total Assets	19 144 000	17 275 000	21 725 000	20 435 000
Total Equity	6 123 000	5 040 000	8 283 000	12 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 511 000	6 853 000	9 112 000	8 658 000
Expenditure	17 578 000	17 486 000	13 602 000	11 457 000
Operating Profit	−12 068 000	−10 632 000	−4 490 000	−2 799 000
Financial Income	243 000	61 000	90 000	8 000
Financial Costs	546 000	243 000	184 000	291 000
Financial Balance	−303 000	−182 000	−94 000	−283 000
Earnings Before Tax	−12 371 000	−10 814 000	−4 584 000	−3 082 000
Tax	0	0	0	104 000
Net Income	−12 371 000	−10 814 000	−4 584 000	−3 186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 745 000	4 520 000	4 794 000	5 236 000
Total Current Assets	11 399 000	12 755 000	16 932 000	15 200 000
Total Assets	19 144 000	17 275 000	21 725 000	20 435 000
Total Retained Equity	−8 309 000	0	0	0
Total Equity	6 123 000	5 040 000	8 283 000	12 828 000
Total Long-Term Debt	8 750 000	9 375 000	10 000 000	5 000 000
Total Current Debt	4 271 000	2 860 000	3 442 000	2 607 000
Total Equity and Debt	19 144 000	17 275 000	21 725 000	20 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 511 000	6 853 000	9 063 000	8 658 000
Other Income	0	0	49 000	0
Revenue	5 511 000	6 853 000	9 112 000	8 658 000
Cost of Goods Sold	115 000	504 000	1 166 000	401 000
Salary Costs	10 730 000	11 510 000	6 791 000	6 122 000
Depreciation	1 892 000	1 439 000	1 118 000	631 000
Impairment	0	0	0	0
Expenditure	17 578 000	17 486 000	13 602 000	11 457 000
Operating Profit	−12 068 000	−10 632 000	−4 490 000	−2 799 000
Financial Income	243 000	61 000	90 000	8 000
Financial Costs	546 000	243 000	184 000	291 000
Financial Balance	−303 000	−182 000	−94 000	−283 000
Dividends	0	0	0	0
Net Income	−12 371 000	−10 814 000	−4 584 000	−3 186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 680 000	3 579 000	3 729 000	2 937 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	355 000	230 000	355 000	221 000
Total Tangible Assets	355 000	230 000	355 000	221 000
Total Fiancial Fixed Assets	711 000	711 000	710 000	2 077 000
Total Fixed Assets	7 745 000	4 520 000	4 794 000	5 236 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 581 000	9 168 000	12 448 000	12 145 000
Total Current Assets	11 399 000	12 755 000	16 932 000	15 200 000
Total Assets	19 144 000	17 275 000	21 725 000	20 435 000
Total Equity	6 123 000	5 040 000	8 283 000	12 828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 750 000	9 375 000	10 000 000	5 000 000
Creditors	753 000	304 000	1 006 000	595 000
Unpaid Taxes	1 308 000	894 000	1 069 000	874 000
Dividends	0	0	0	0
Other Current Debt	1 739 000	1 662 000	1 368 000	1 139 000
Total Current Debt	4 271 000	2 860 000	3 442 000	2 607 000
Total Equity and Debt	19 144 000	17 275 000	21 725 000	20 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−202,04 %	−214,56 %	−55,34 %	−24,84 %
Debt-to-Equity Ratio	1,43	1,86	1,21	0,39
Operating Profit Margin	−218,98 %	−155,14 %	−49,28 %	−32,33 %
Current Ratio	2,67	4,46	4,92	5,83
Quick Ratio	2,67	4,46	4,92	5,83
Equity Ratio	0,32	0,29	0,38	0,63
Gross Profit Margin	97,91 %	92,65 %	87,2 %	95,37 %