Razp AS
ASDissolvedOrg 925894257Drammensveien 49, 0271 OsloReal estate activities with own property and development of building projects· NACE 6810Est. 2020 · 6 years old0 employees
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Overview
Razp AS is a Norwegian AS based in Oslo, operating in the Real estate activities with own property and development of building projects sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 52.4k in its latest annual filing.
Revenue 2021
0.1M NOK
EBITDA margin
−77.8 %
−619% vs 2020
Net profit 2021
-0.1M NOK
-1004% vs 2020
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-1.0 %
Very weakAmong the 20% lowest rated companies in the industry
20202021
Liquidity ratioCurrent assets ÷ Short-term debt
2.0×
AverageAround the average of companies in the same industry
20202021
Return on assets (ROA)Net profit ÷ Total assets × 100
-1.7 %
WeakAmong the 30% lowest rated companies in the industry
20202021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 0.1M NOK | — |
| EBITDA | -0M NOK | -619% |
| Net profit | -0.1M NOK | -1004% |
| Total assets | 3.7M NOK | +15148% |
| Equity | -0M NOK | -257% |
| Employees | 0 | — |
Company information
Legal name
RAZP AS
Org number
925894257
Legal form
Aksjeselskap
Founded
2 October 2020 · 6 years
Share capital
—
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Address
Drammensveien 49, 0271 Oslo
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Financial development
In its most recent annual report (2021), Razp AS reported revenue of NOK 52.4k. The figures on this page draw on 2 annual filings covering 2020 to 2021. The bottom line showed a net loss of NOK 62.6k, and the EBITDA margin stood at -77.8%.
At the end of 2021, current assets covered short-term debt 2 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 | 2020 |
|---|---|---|
| Revenue | 52 | 0 |
| Staff expenses | -0 | -0 |
| EBITDA | -41 | -6 |
| Depreciation & amort. | -0 | -0 |
| EBIT | -41 | -6 |
| Net financials | -22 | 0 |
| Profit before tax | -63 | -6 |
| Tax | -0 | -0 |
| Net profit | -63 | -6 |
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Balance sheet
NOK thousands| Item | 2021 | 2020 |
|---|---|---|
| Total assets | 3,710 | 24 |
| Equity | -38 | 24 |
| Long-term debt | 3,700 | 0 |
| Short-term debt | 48 | 0 |
| Total debt | 3,748 | 0 |
Financial ratios
5-year trendEBITDA margin
-77.8 %
20202021
Equity ratio
-1.0 %
Very weakAmong the 20% lowest rated companies in the industry
20202021
Return on equity
—
20202021
Net profit margin
-119.5 %
Very weakAmong the 10% lowest rated companies in the industry
20202021
Asset turnover
0.01×
AverageAround the average of companies in the same industry
20202021
Debt / equity
—
20202021
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest 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 weak
Among the 20% lowest 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 weak
Among the 10% lowest 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 assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same 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 ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
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.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest 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 ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 20% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 40% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% 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 weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
OE Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JR Board of Directors | Board of Directors | 2022 |
RS Chairman | Chairman | 2022 |
Former (2)
ÅF Chairman | Chairman | 2020 – 2022 |
OE Board of Directors | Board of Directors | 2020 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Abcent As
Razp AS Board network connections
Board members of Razp AS also hold positions in 69 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jens Rugseth | Board of Directors | 31 companiesMany roles |
| Rune Syversen | Chairman | 20 companiesMany roles |
| Åge Frisak | Chairman | 15 companiesMany roles |
| Olav Ellingsen Olsen | Chief Executive Officer | 3 companies |
Frequently asked questions
What is the Org number of Razp AS?
Razp AS is registered with Brønnøysundsregistrene under Org 925894257.
What is the revenue of Razp AS?
Razp AS reported revenue of NOK 52.4k in 2021.
Who is the chairman of Razp AS?
Rune Syversen chairs the board of Razp AS, in role since 2022.
Where is Razp AS headquartered?
Razp AS's registered address is Drammensveien 49.