RITAS VASKESERVICE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

27,39 %

Current Ratio

6,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 912 000	3 455 000	3 477 000	5 750 000
Net Income	621 000	386 000	484 000	967 000
Total Assets	2 639 000	2 093 000	1 746 000	2 097 000
Total Equity	2 267 000	1 646 000	1 260 000	1 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 912 000	3 455 000	3 477 000	5 750 000
Expenditure	2 124 000	2 960 000	2 857 000	4 526 000
Operating Profit	790 000	494 000	620 000	1 223 000
Financial Income	8 000	0	1 000	16 000
Financial Costs	2 000	0	0	0
Financial Balance	6 000	0	1 000	16 000
Earnings Before Tax	796 000	495 000	621 000	1 239 000
Tax	175 000	109 000	137 000	273 000
Net Income	621 000	386 000	484 000	967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	57 000	23 000	31 000
Total Current Assets	2 530 000	2 036 000	1 724 000	2 067 000
Total Assets	2 639 000	2 093 000	1 746 000	2 097 000
Total Retained Equity	2 117 000	1 496 000	1 110 000	1 216 000
Total Equity	2 267 000	1 646 000	1 260 000	1 366 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	372 000	447 000	486 000	731 000
Total Equity and Debt	2 639 000	2 093 000	1 746 000	2 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 912 000	3 455 000	3 477 000	5 750 000
Other Income	0	0	0	0
Revenue	2 912 000	3 455 000	3 477 000	5 750 000
Cost of Goods Sold	1 287 000	1 374 000	1 513 000	2 851 000
Salary Costs	617 000	1 357 000	1 105 000	1 398 000
Depreciation	20 000	12 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 124 000	2 960 000	2 857 000	4 526 000
Operating Profit	790 000	494 000	620 000	1 223 000
Financial Income	8 000	0	1 000	16 000
Financial Costs	2 000	0	0	0
Financial Balance	6 000	0	1 000	16 000
Dividends	0	0	590 000	2 500 000
Net Income	621 000	386 000	484 000	967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	108 000	55 000	20 000	28 000
Total Tangible Assets	108 000	55 000	20 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	57 000	23 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 128 000	1 962 000	1 699 000	1 920 000
Total Current Assets	2 530 000	2 036 000	1 724 000	2 067 000
Total Assets	2 639 000	2 093 000	1 746 000	2 097 000
Total Equity	2 267 000	1 646 000	1 260 000	1 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	12 000	48 000	36 000
Unpaid Taxes	118 000	183 000	185 000	241 000
Dividends	0	0	590 000	2 500 000
Other Current Debt	61 000	144 000	117 000	182 000
Total Current Debt	372 000	447 000	486 000	731 000
Total Equity and Debt	2 639 000	2 093 000	1 746 000	2 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,39 %	23,45 %	38,41 %	70,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,13 %	14,3 %	17,83 %	21,27 %
Current Ratio	6,8	4,55	3,55	2,83
Quick Ratio	6,8	4,55	3,55	2,83
Equity Ratio	0,86	0,79	0,72	0,65
Gross Profit Margin	55,8 %	60,23 %	56,49 %	50,42 %