RACAS BYGG AS

6063 HJØRUNGAVÅG

Finances

Share Ownership

Return on Equity

60,44 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	585 000	480 000	590 000	471 000
Net Income	55 000	−15 000	−22 000	46 000
Total Assets	275 000	162 000	156 000	186 000
Total Equity	91 000	36 000	51 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	585 000	480 000	590 000	471 000
Expenditure	513 000	499 000	619 000	412 000
Operating Profit	71 000	−19 000	−28 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	71 000	−19 000	−28 000	60 000
Tax	16 000	−4 000	−6 000	13 000
Net Income	55 000	−15 000	−22 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	19 000	21 000	29 000
Total Current Assets	259 000	143 000	135 000	156 000
Total Assets	275 000	162 000	156 000	186 000
Total Retained Equity	61 000	6 000	21 000	43 000
Total Equity	91 000	36 000	51 000	73 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	184 000	126 000	106 000	113 000
Total Equity and Debt	275 000	162 000	156 000	186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	480 000	590 000	471 000
Other Income	0	0	0	0
Revenue	585 000	480 000	590 000	471 000
Cost of Goods Sold	19 000	56 000	134 000	37 000
Salary Costs	336 000	309 000	390 000	235 000
Depreciation	5 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	513 000	499 000	619 000	412 000
Operating Profit	71 000	−19 000	−28 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	55 000	−15 000	−22 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	9 000	5 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 000	6 000	9 000
Fixtures	5 000	8 000	11 000	14 000
Total Tangible Assets	5 000	10 000	16 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	19 000	21 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	139 000	111 000	15 000
Total Current Assets	259 000	143 000	135 000	156 000
Total Assets	275 000	162 000	156 000	186 000
Total Equity	91 000	36 000	51 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	2 000	0
Unpaid Taxes	90 000	83 000	47 000	23 000
Dividends	0	0	0	0
Other Current Debt	70 000	43 000	56 000	82 000
Total Current Debt	184 000	126 000	106 000	113 000
Total Equity and Debt	275 000	162 000	156 000	186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,44 %	−41,67 %	−43,14 %	63,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,14 %	−3,96 %	−4,75 %	12,74 %
Current Ratio	1,41	1,13	1,27	1,38
Quick Ratio	1,41	1,13	1,27	1,38
Equity Ratio	0,33	0,22	0,33	0,39
Gross Profit Margin	96,75 %	88,33 %	77,29 %	92,14 %