RAC GROUP AS

3185 SKOPPUM

Finances

Share Ownership

Return on Equity

33,67 %

Current Ratio

0,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 482 000	3 676 000	431 935 000	457 308 000
Net Income	12 059 000	106 883 000	−29 001 000	−33 001 000
Total Assets	56 123 000	44 887 000	194 180 000	225 756 000
Total Equity	35 820 000	43 760 000	−11 062 000	15 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 482 000	3 676 000	431 935 000	457 308 000
Expenditure	−9 136 000	18 742 000	423 000 000	477 840 000
Operating Profit	10 618 000	−15 066 000	8 935 000	−20 532 000
Financial Income	1 443 000	123 406 000	−25 832 000	−1 884 000
Financial Costs	2 000	1 457 000	11 710 000	11 006 000
Financial Balance	1 441 000	121 949 000	−37 542 000	−12 890 000
Earnings Before Tax	12 059 000	106 883 000	−28 607 000	−33 422 000
Tax	0	0	394 000	−421 000
Net Income	12 059 000	106 883 000	−29 001 000	−33 001 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 521 000	38 567 000	39 674 000	78 744 000
Total Current Assets	3 602 000	6 320 000	154 506 000	147 012 000
Total Assets	56 123 000	44 887 000	194 180 000	225 756 000
Total Retained Equity	29 834 000	37 774 000	−17 048 000	9 918 000
Total Equity	35 820 000	43 760 000	−11 062 000	15 904 000
Total Long-Term Debt	0	0	96 640 000	99 292 000
Total Current Debt	20 303 000	1 126 000	108 602 000	110 562 000
Total Equity and Debt	56 123 000	44 887 000	194 180 000	225 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 482 000	3 676 000	429 618 000	454 190 000
Other Income	0	0	2 317 000	3 118 000
Revenue	1 482 000	3 676 000	431 935 000	457 308 000
Cost of Goods Sold	0	0	232 325 000	252 877 000
Salary Costs	1 927 000	4 447 000	95 293 000	111 974 000
Depreciation	0	40 000	11 145 000	19 756 000
Impairment	0	0	0	0
Expenditure	−9 136 000	18 742 000	423 000 000	477 840 000
Operating Profit	10 618 000	−15 066 000	8 935 000	−20 532 000
Financial Income	1 443 000	123 406 000	−25 832 000	−1 884 000
Financial Costs	2 000	1 457 000	11 710 000	11 006 000
Financial Balance	1 441 000	121 949 000	−37 542 000	−12 890 000
Dividends	20 000 000	0	0	0
Net Income	12 059 000	106 883 000	−29 001 000	−33 001 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	11 234 000	15 520 000
Total Intangible Assets	0	0	19 918 000	24 993 000
Real Eastate	0	0	8 687 000	9 081 000
Machinery and Plant Facilities	0	0	2 352 000	3 320 000
Fixtures	0	0	8 620 000	11 449 000
Total Tangible Assets	0	0	19 659 000	23 850 000
Total Fiancial Fixed Assets	52 521 000	38 567 000	97 000	29 901 000
Total Fixed Assets	52 521 000	38 567 000	39 674 000	78 744 000
Stock	0	0	62 614 000	79 644 000
Total Investments	0	0	0	0
Cash, Bank	2 141 000	5 027 000	52 815 000	33 854 000
Total Current Assets	3 602 000	6 320 000	154 506 000	147 012 000
Total Assets	56 123 000	44 887 000	194 180 000	225 756 000
Total Equity	35 820 000	43 760 000	−11 062 000	15 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	96 640 000	99 292 000
Creditors	16 000	5 000	59 621 000	57 854 000
Unpaid Taxes	11 000	520 000	13 713 000	13 439 000
Dividends	20 000 000	0	0	0
Other Current Debt	276 000	601 000	19 843 000	20 943 000
Total Current Debt	20 303 000	1 126 000	108 602 000	110 562 000
Total Equity and Debt	56 123 000	44 887 000	194 180 000	225 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,67 %	244,25 %	262,17 %	−207,5 %
Debt-to-Equity Ratio	0	0	−8,74	6,24
Operating Profit Margin	716,46 %	−409,85 %	2,07 %	−4,49 %
Current Ratio	0,18	5,61	1,42	1,33
Quick Ratio	0,18	5,61	3,36	4,75
Equity Ratio	0,64	0,97	−0,06	0,07
Gross Profit Margin	100 %	100 %	46,21 %	44,7 %