RAIL LOGISTICS NORWAY AS

3084 HOLMESTRAND

Finances

Return on Equity

−11,1 %

Current Ratio

11,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	2 389 000	17 058 000	12 752 000
Net Income	−78 000	517 000	7 927 000	1 096 000
Total Assets	769 000	1 390 000	11 106 000	4 588 000
Total Equity	703 000	781 000	8 873 000	2 938 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	2 389 000	17 058 000	12 752 000
Expenditure	98 000	559 000	15 188 000	11 529 000
Operating Profit	−83 000	1 830 000	1 871 000	1 223 000
Financial Income	0	0	6 475 000	152 000
Financial Costs	16 000	912 000	6 000	10 000
Financial Balance	−16 000	−912 000	6 469 000	142 000
Earnings Before Tax	−99 000	918 000	8 339 000	1 365 000
Tax	−22 000	401 000	412 000	268 000
Net Income	−78 000	517 000	7 927 000	1 096 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	7 000	904 000	1 661 000
Total Current Assets	741 000	1 383 000	10 202 000	2 927 000
Total Assets	769 000	1 390 000	11 106 000	4 588 000
Total Retained Equity	553 000	631 000	8 723 000	2 788 000
Total Equity	703 000	781 000	8 873 000	2 938 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	609 000	2 232 000	1 649 000
Total Equity and Debt	769 000	1 390 000	11 106 000	4 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	384 000	17 058 000	12 752 000
Other Income	0	2 005 000	0	0
Revenue	15 000	2 389 000	17 058 000	12 752 000
Cost of Goods Sold	0	296 000	11 913 000	8 541 000
Salary Costs	0	36 000	2 702 000	2 461 000
Depreciation	0	13 000	3 000	7 000
Impairment	0	0	0	0
Expenditure	98 000	559 000	15 188 000	11 529 000
Operating Profit	−83 000	1 830 000	1 871 000	1 223 000
Financial Income	0	0	6 475 000	152 000
Financial Costs	16 000	912 000	6 000	10 000
Financial Balance	−16 000	−912 000	6 469 000	142 000
Dividends	0	0	0	0
Net Income	−78 000	517 000	7 927 000	1 096 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	7 000	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	904 000	1 656 000
Total Fixed Assets	29 000	7 000	904 000	1 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	715 000	1 369 000	9 504 000	1 606 000
Total Current Assets	741 000	1 383 000	10 202 000	2 927 000
Total Assets	769 000	1 390 000	11 106 000	4 588 000
Total Equity	703 000	781 000	8 873 000	2 938 000
Short-Term Group Debt	0	0	594 000	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	157 000	644 000	736 000
Unpaid Taxes	0	5 000	418 000	308 000
Dividends	0	0	0	0
Other Current Debt	30 000	40 000	298 000	339 000
Total Current Debt	66 000	609 000	2 232 000	1 649 000
Total Equity and Debt	769 000	1 390 000	11 106 000	4 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,1 %	66,2 %	89,34 %	37,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−553,33 %	76,6 %	10,97 %	9,59 %
Current Ratio	11,23	2,27	4,57	1,78
Quick Ratio	11,23	2,27	4,57	1,78
Equity Ratio	0,91	0,56	0,8	0,64
Gross Profit Margin	100 %	87,61 %	30,16 %	33,02 %