Raa AS
ASDissolvedOrg 919686855Cort Adelers Gate 16, 0254 OsloActivities of agents involved in non-specialised wholesale· NACE 4619Est. 2017 · 9 years old0 employees
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Overview
Raa AS is a Norwegian AS based in Oslo, operating in the Activities of agents involved in non-specialised wholesale sector. Incorporated in 2017, the company has 0 employees and reported revenue of NOK 455.4k in its latest annual filing.
Revenue 2021
455.4K NOK
−25% vs 2020
EBITDA margin
12.6 %
−9% vs 2020
Net profit 2021
53.1K NOK
-16% vs 2020
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
68.9 %
StrongAmong the 30% highest rated companies in the industry
20172021
Liquidity ratioCurrent assets ÷ Short-term debt
3.6×
StrongAmong the 30% highest rated companies in the industry
20172021
Return on assets (ROA)Net profit ÷ Total assets × 100
31.4 %
Very strongAmong the 10% highest rated companies in the industry
20172021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 455.4K NOK | -25% |
| EBITDA | 57.3K NOK | -9% |
| Net profit | 53.1K NOK | -16% |
| Total assets | 169.5K NOK | +101% |
| Equity | 116.8K NOK | +83% |
| Employees | 0 | — |
Company information
Legal name
RAA AS
Org number
919686855
Legal form
Aksjeselskap
NACE code
Founded
24 August 2017 · 9 years
Share capital
NOK 100,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Agenturhandel med bredt vareutvalg og øvrig virksomhet som naturlig hører sammen med dette.
(no translation available)
Address
Cort Adelers Gate 16, 0254 Oslo
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Financial development
In its most recent annual report (2021), Raa AS reported revenue of NOK 455.4k, a decrease of 25% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of NOK 53.1k, and the EBITDA margin stood at 12.6%.
At the end of 2021, equity financed 68.9% of the balance sheet, and current assets covered short-term debt 3.6 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 455 | 610 | 744 | 87 | 10 |
| Staff expenses | -0 | -512 | -525 | -141 | -0 |
| EBITDA | 57 | 63 | 62 | -164 | 3 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 57 | 63 | 62 | -164 | 3 |
| Net financials | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 57 | 63 | 62 | -164 | 3 |
| Tax | 4 | -0 | -0 | 0 | 1 |
| Net profit | 53 | 63 | 62 | -164 | 2 |
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Balance sheet
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Total assets | 169 | 84 | 243 | 63 | 104 |
| Equity | 117 | 64 | 0 | -62 | 102 |
| Long-term debt | 13 | 13 | 93 | 104 | 0 |
| Short-term debt | 40 | 8 | 150 | 21 | 2 |
| Total debt | 53 | 21 | 243 | 125 | 2 |
Financial ratios
5-year trendEBITDA margin
12.6 %
20172021
Equity ratio
68.9 %
StrongAmong the 30% highest rated companies in the industry
20172021
Return on equity
45.5 %
StrongAmong the 30% highest rated companies in the industry
20172021
Net profit margin
11.7 %
Very strongAmong the 20% highest rated companies in the industry
20172021
Asset turnover
2.69×
StrongAmong the 30% highest rated companies in the industry
20172021
Debt / equity
0.45×
StrongAmong the 30% highest rated companies in the industry
20172021
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 20% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 20% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 30% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioStrong
Among the 30% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioStrong
Among the 30% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery strong
Among the 20% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 10% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
SA Chief Executive Officer | Chief Executive Officer | 2017 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
SA Board of Directors | Board of Directors | 2017 |
BA Chairman | Chairman | 2017 |
AR Board of Directors | Board of Directors | 2017 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 33% | 33% | 2020 | |
| Company | 67% | 67% | 2020 |
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Related companies
Company hierarchy
Rafire As
Raa AS Board network connections
Board members of Raa AS also hold positions in 31 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bo Andersson | Chairman | 17 companiesMany roles |
| Said Azouagh | Chief Executive Officer | 10 companiesMany roles |
| Akef Rafi | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of Raa AS?
Raa AS is registered with Brønnøysundsregistrene under Org 919686855.
What is the revenue of Raa AS?
Raa AS reported revenue of NOK 455.4k in 2021.
Who is the chairman of Raa AS?
Bo Andersson chairs the board of Raa AS.
Where is Raa AS headquartered?
Raa AS's registered address is Cort Adelers Gate 16.