RA'S VARME AS

2218 LUNDERSÆTER

Finances

Share Ownership

Return on Equity

23,82 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 365 000	10 774 000	8 592 000	10 107 000
Net Income	767 000	673 000	180 000	575 000
Total Assets	5 407 000	4 574 000	4 632 000	5 785 000
Total Equity	3 220 000	3 253 000	3 180 000	3 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 365 000	10 774 000	8 592 000	10 107 000
Expenditure	11 414 000	9 903 000	8 376 000	9 384 000
Operating Profit	950 000	872 000	217 000	723 000
Financial Income	16 000	9 000	14 000	18 000
Financial Costs	1 000	1 000	0	4 000
Financial Balance	15 000	8 000	14 000	14 000
Earnings Before Tax	966 000	881 000	231 000	738 000
Tax	199 000	208 000	51 000	162 000
Net Income	767 000	673 000	180 000	575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	897 000	240 000	370 000	566 000
Total Current Assets	4 510 000	4 334 000	4 261 000	5 219 000
Total Assets	5 407 000	4 574 000	4 632 000	5 785 000
Total Retained Equity	3 120 000	3 153 000	3 080 000	2 900 000
Total Equity	3 220 000	3 253 000	3 180 000	3 000 000
Total Long-Term Debt	8 000	0	1 000	13 000
Total Current Debt	2 178 000	1 321 000	1 450 000	2 772 000
Total Equity and Debt	5 407 000	4 574 000	4 632 000	5 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 271 000	10 774 000	8 627 000	10 104 000
Other Income	94 000	0	−35 000	3 000
Revenue	12 365 000	10 774 000	8 592 000	10 107 000
Cost of Goods Sold	7 001 000	6 079 000	4 498 000	5 218 000
Salary Costs	3 296 000	2 792 000	2 900 000	3 174 000
Depreciation	190 000	131 000	131 000	133 000
Impairment	0	0	0	0
Expenditure	11 414 000	9 903 000	8 376 000	9 384 000
Operating Profit	950 000	872 000	217 000	723 000
Financial Income	16 000	9 000	14 000	18 000
Financial Costs	1 000	1 000	0	4 000
Financial Balance	15 000	8 000	14 000	14 000
Dividends	800 000	600 000	0	483 000
Net Income	767 000	673 000	180 000	575 000

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	897 000	240 000	370 000	566 000
Total Tangible Assets	897 000	240 000	370 000	566 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	897 000	240 000	370 000	566 000
Stock	663 000	639 000	347 000	666 000
Total Investments	0	0	0	0
Cash, Bank	3 286 000	3 064 000	3 508 000	3 849 000
Total Current Assets	4 510 000	4 334 000	4 261 000	5 219 000
Total Assets	5 407 000	4 574 000	4 632 000	5 785 000
Total Equity	3 220 000	3 253 000	3 180 000	3 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	1 000	13 000
Creditors	428 000	162 000	171 000	1 022 000
Unpaid Taxes	949 000	687 000	934 000	819 000
Dividends	800 000	600 000	0	483 000
Other Current Debt	311 000	262 000	283 000	291 000
Total Current Debt	2 178 000	1 321 000	1 450 000	2 772 000
Total Equity and Debt	5 407 000	4 574 000	4 632 000	5 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,82 %	20,69 %	5,66 %	19,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,68 %	8,09 %	2,53 %	7,15 %
Current Ratio	2,07	3,28	2,94	1,88
Quick Ratio	2,98	6,35	3,86	2,48
Equity Ratio	0,6	0,71	0,69	0,52
Gross Profit Margin	43,38 %	43,58 %	47,65 %	48,37 %