RAGAS AS

7072 HEIMDAL

Finances

Return on Equity

5,47 %

Current Ratio

15,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 000	0	0	476 000
Net Income	74 000	−13 000	−19 000	−74 000
Total Assets	1 385 000	1 378 000	1 398 000	1 735 000
Total Equity	1 352 000	1 378 000	1 391 000	1 410 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 000	0	0	476 000
Expenditure	168 000	22 000	25 000	562 000
Operating Profit	−15 000	−22 000	−24 000	−86 000
Financial Income	94 000	9 000	7 000	11 000
Financial Costs	6 000	0	2 000	0
Financial Balance	88 000	9 000	5 000	11 000
Earnings Before Tax	74 000	−13 000	−19 000	−74 000
Tax	0	0	0	0
Net Income	74 000	−13 000	−19 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	870 000	816 000	515 000	515 000
Total Current Assets	515 000	562 000	883 000	1 220 000
Total Assets	1 385 000	1 378 000	1 398 000	1 735 000
Total Retained Equity	1 252 000	1 278 000	1 291 000	1 310 000
Total Equity	1 352 000	1 378 000	1 391 000	1 410 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	0	8 000	325 000
Total Equity and Debt	1 385 000	1 378 000	1 398 000	1 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 000	0	0	476 000
Other Income	0	0	0	0
Revenue	153 000	0	0	476 000
Cost of Goods Sold	0	0	0	0
Salary Costs	144 000	0	8 000	541 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	22 000	25 000	562 000
Operating Profit	−15 000	−22 000	−24 000	−86 000
Financial Income	94 000	9 000	7 000	11 000
Financial Costs	6 000	0	2 000	0
Financial Balance	88 000	9 000	5 000	11 000
Dividends	100 000	0	0	0
Net Income	74 000	−13 000	−19 000	−74 000

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	870 000	816 000	515 000	515 000
Total Fixed Assets	870 000	816 000	515 000	515 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	506 000	517 000	880 000	574 000
Total Current Assets	515 000	562 000	883 000	1 220 000
Total Assets	1 385 000	1 378 000	1 398 000	1 735 000
Total Equity	1 352 000	1 378 000	1 391 000	1 410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	33 000	0	8 000	272 000
Dividends	100 000	0	0	0
Other Current Debt	0	0	0	53 000
Total Current Debt	33 000	0	8 000	325 000
Total Equity and Debt	1 385 000	1 378 000	1 398 000	1 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,47 %	−0,94 %	−1,37 %	−5,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,8 %	-	-	−18,07 %
Current Ratio	15,61	-	110,38	3,75
Quick Ratio	15,61	-	110,38	3,75
Equity Ratio	0,98	1	0,99	0,81
Gross Profit Margin	100 %	-	-	100 %