RIGG & INDUSTRI ASSIST AS

5750 ODDA

Finances

Share Ownership

Return on Equity

17,58 %

Current Ratio

1,93

Debt-to-Equity Ratio

4,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 453 000	1 150 000	1 403 000	767 000
Net Income	80 000	−162 000	41 000	302 000
Total Assets	2 939 000	1 234 000	1 530 000	1 616 000
Total Equity	455 000	375 000	538 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 453 000	1 150 000	1 403 000	767 000
Expenditure	1 297 000	1 275 000	1 297 000	349 000
Operating Profit	155 000	−125 000	107 000	419 000
Financial Income	0	−1 000	0	0
Financial Costs	74 000	37 000	42 000	33 000
Financial Balance	−74 000	−38 000	−42 000	−33 000
Earnings Before Tax	82 000	−162 000	65 000	386 000
Tax	2 000	0	24 000	84 000
Net Income	80 000	−162 000	41 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 380 000	974 000	1 124 000	1 206 000
Total Current Assets	559 000	260 000	406 000	410 000
Total Assets	2 939 000	1 234 000	1 530 000	1 616 000
Total Retained Equity	260 000	181 000	343 000	302 000
Total Equity	455 000	375 000	538 000	497 000
Total Long-Term Debt	2 194 000	640 000	718 000	815 000
Total Current Debt	290 000	219 000	275 000	305 000
Total Equity and Debt	2 939 000	1 234 000	1 530 000	1 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 453 000	1 150 000	1 403 000	767 000
Other Income	0	0	0	0
Revenue	1 453 000	1 150 000	1 403 000	767 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	947 000	848 000	808 000	171 000
Depreciation	133 000	151 000	160 000	68 000
Impairment	0	0	0	0
Expenditure	1 297 000	1 275 000	1 297 000	349 000
Operating Profit	155 000	−125 000	107 000	419 000
Financial Income	0	−1 000	0	0
Financial Costs	74 000	37 000	42 000	33 000
Financial Balance	−74 000	−38 000	−42 000	−33 000
Dividends	0	0	0	0
Net Income	80 000	−162 000	41 000	302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 342 000	892 000	944 000	996 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	82 000	181 000	210 000
Total Tangible Assets	2 378 000	974 000	1 124 000	1 206 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	2 380 000	974 000	1 124 000	1 206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	423 000	−57 000	96 000	301 000
Total Current Assets	559 000	260 000	406 000	410 000
Total Assets	2 939 000	1 234 000	1 530 000	1 616 000
Total Equity	455 000	375 000	538 000	497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 194 000	640 000	718 000	815 000
Creditors	11 000	44 000	33 000	92 000
Unpaid Taxes	145 000	101 000	134 000	117 000
Dividends	0	0	0	0
Other Current Debt	132 000	75 000	79 000	16 000
Total Current Debt	290 000	219 000	275 000	305 000
Total Equity and Debt	2 939 000	1 234 000	1 530 000	1 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,58 %	−43,2 %	7,62 %	60,76 %
Debt-to-Equity Ratio	4,82	1,71	1,33	1,64
Operating Profit Margin	10,67 %	−10,87 %	7,63 %	54,63 %
Current Ratio	1,93	1,19	1,48	1,34
Quick Ratio	1,93	1,19	1,48	1,34
Equity Ratio	0,15	0,3	0,35	0,31
Gross Profit Margin	99,66 %	100 %	100 %	100 %