RICSO AS

7320 FANNREM

Finances

Return on Equity

52,6 %

Current Ratio

1,11

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 288 000	1 201 000	911 000	1 137 000
Net Income	162 000	96 000	−59 000	42 000
Total Assets	970 000	709 000	750 000	884 000
Total Equity	308 000	146 000	50 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 288 000	1 201 000	911 000	1 137 000
Expenditure	1 070 000	1 063 000	942 000	1 045 000
Operating Profit	218 000	136 000	−31 000	93 000
Financial Income	1 000	2 000	3 000	1 000
Financial Costs	31 000	17 000	31 000	19 000
Financial Balance	−30 000	−15 000	−28 000	−18 000
Earnings Before Tax	188 000	121 000	−59 000	74 000
Tax	26 000	25 000	0	32 000
Net Income	162 000	96 000	−59 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	764 000	339 000	483 000	610 000
Total Current Assets	206 000	370 000	267 000	274 000
Total Assets	970 000	709 000	750 000	884 000
Total Retained Equity	203 000	41 000	−55 000	3 000
Total Equity	308 000	146 000	50 000	108 000
Total Long-Term Debt	477 000	292 000	392 000	467 000
Total Current Debt	186 000	271 000	309 000	309 000
Total Equity and Debt	970 000	709 000	750 000	884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 288 000	1 201 000	911 000	1 137 000
Other Income	0	0	0	0
Revenue	1 288 000	1 201 000	911 000	1 137 000
Cost of Goods Sold	78 000	76 000	104 000	85 000
Salary Costs	240 000	221 000	221 000	242 000
Depreciation	191 000	144 000	136 000	113 000
Impairment	0	0	0	0
Expenditure	1 070 000	1 063 000	942 000	1 045 000
Operating Profit	218 000	136 000	−31 000	93 000
Financial Income	1 000	2 000	3 000	1 000
Financial Costs	31 000	17 000	31 000	19 000
Financial Balance	−30 000	−15 000	−28 000	−18 000
Dividends	0	0	0	58 000
Net Income	162 000	96 000	−59 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	592 000
Fixtures	468 000	330 000	474 000	18 000
Total Tangible Assets	468 000	330 000	474 000	610 000
Total Fiancial Fixed Assets	296 000	9 000	9 000	0
Total Fixed Assets	764 000	339 000	483 000	610 000
Stock	13 000	5 000	29 000	24 000
Total Investments	0	0	0	0
Cash, Bank	158 000	334 000	197 000	238 000
Total Current Assets	206 000	370 000	267 000	274 000
Total Assets	970 000	709 000	750 000	884 000
Total Equity	308 000	146 000	50 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	292 000	392 000	467 000
Creditors	15 000	59 000	119 000	63 000
Unpaid Taxes	58 000	12 000	8 000	78 000
Dividends	0	0	0	58 000
Other Current Debt	62 000	175 000	181 000	111 000
Total Current Debt	186 000	271 000	309 000	309 000
Total Equity and Debt	970 000	709 000	750 000	884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,6 %	65,75 %	−118 %	38,89 %
Debt-to-Equity Ratio	1,55	2	7,84	4,32
Operating Profit Margin	16,93 %	11,32 %	−3,4 %	8,18 %
Current Ratio	1,11	1,37	0,86	0,89
Quick Ratio	1,19	1,39	0,95	0,96
Equity Ratio	0,32	0,21	0,07	0,12
Gross Profit Margin	93,94 %	93,67 %	88,58 %	92,52 %