RAXO AS

4325 SANDNES

Finances

Return on Equity

36,41 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	675 000	397 000	390 000	557 000
Net Income	418 000	888 000	−82 000	120 000
Total Assets	1 816 000	2 322 000	1 832 000	2 031 000
Total Equity	1 148 000	1 230 000	1 142 000	1 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	675 000	397 000	390 000	557 000
Expenditure	689 000	524 000	375 000	420 000
Operating Profit	−14 000	−126 000	14 000	136 000
Financial Income	522 000	1 015 000	900 000	22 000
Financial Costs	90 000	0	992 000	11 000
Financial Balance	432 000	1 015 000	−92 000	11 000
Earnings Before Tax	418 000	888 000	−78 000	148 000
Tax	0	0	4 000	28 000
Net Income	418 000	888 000	−82 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 670 000	1 728 000	1 508 000	1 984 000
Total Current Assets	146 000	594 000	324 000	47 000
Total Assets	1 816 000	2 322 000	1 832 000	2 031 000
Total Retained Equity	1 048 000	1 130 000	1 042 000	1 124 000
Total Equity	1 148 000	1 230 000	1 142 000	1 224 000
Total Long-Term Debt	477 000	616 000	500 000	612 000
Total Current Debt	190 000	476 000	190 000	195 000
Total Equity and Debt	1 816 000	2 322 000	1 832 000	2 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	675 000	397 000	388 000	527 000
Other Income	0	0	2 000	30 000
Revenue	675 000	397 000	390 000	557 000
Cost of Goods Sold	0	0	0	0
Salary Costs	581 000	392 000	239 000	201 000
Depreciation	43 000	4 000	4 000	16 000
Impairment	0	0	0	0
Expenditure	689 000	524 000	375 000	420 000
Operating Profit	−14 000	−126 000	14 000	136 000
Financial Income	522 000	1 015 000	900 000	22 000
Financial Costs	90 000	0	992 000	11 000
Financial Balance	432 000	1 015 000	−92 000	11 000
Dividends	500 000	800 000	0	500 000
Net Income	418 000	888 000	−82 000	120 000

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	168 000	211 000	0	4 000
Total Tangible Assets	168 000	211 000	0	4 000
Total Fiancial Fixed Assets	1 501 000	1 517 000	1 508 000	1 979 000
Total Fixed Assets	1 670 000	1 728 000	1 508 000	1 984 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	82 000	1 000	12 000
Total Current Assets	146 000	594 000	324 000	47 000
Total Assets	1 816 000	2 322 000	1 832 000	2 031 000
Total Equity	1 148 000	1 230 000	1 142 000	1 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	616 000	500 000	612 000
Creditors	0	16 000	21 000	25 000
Unpaid Taxes	121 000	65 000	129 000	39 000
Dividends	500 000	800 000	0	500 000
Other Current Debt	69 000	95 000	35 000	105 000
Total Current Debt	190 000	476 000	190 000	195 000
Total Equity and Debt	1 816 000	2 322 000	1 832 000	2 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,41 %	72,2 %	−7,18 %	9,8 %
Debt-to-Equity Ratio	0,42	0,5	0,44	0,5
Operating Profit Margin	−2,07 %	−31,74 %	3,59 %	24,42 %
Current Ratio	0,77	1,25	1,71	0,24
Quick Ratio	0,77	1,25	1,71	0,24
Equity Ratio	0,63	0,53	0,62	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %