RISBAKKEN SAG AS

2440 ENGERDAL

Finances

Share Ownership

Return on Equity

42,52 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 170 000	2 934 000	2 526 000	1 818 000
Net Income	270 000	97 000	−141 000	−470 000
Total Assets	2 157 000	1 795 000	1 893 000	1 272 000
Total Equity	635 000	365 000	268 000	119 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 170 000	2 934 000	2 526 000	1 818 000
Expenditure	3 979 000	2 796 000	2 682 000	1 951 000
Operating Profit	340 000	198 000	−49 000	−338 000
Financial Income	0	0	0	0
Financial Costs	70 000	101 000	93 000	83 000
Financial Balance	−70 000	−101 000	−93 000	−83 000
Earnings Before Tax	270 000	97 000	−141 000	−421 000
Tax	0	0	0	50 000
Net Income	270 000	97 000	−141 000	−470 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	706 000	809 000	913 000	721 000
Total Current Assets	1 451 000	986 000	980 000	551 000
Total Assets	2 157 000	1 795 000	1 893 000	1 272 000
Total Retained Equity	−405 000	−675 000	−772 000	−631 000
Total Equity	635 000	365 000	268 000	119 000
Total Long-Term Debt	793 000	883 000	405 000	495 000
Total Current Debt	729 000	548 000	1 221 000	658 000
Total Equity and Debt	2 157 000	1 795 000	1 893 000	1 272 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 170 000	2 934 000	2 526 000	1 810 000
Other Income	0	0	0	8 000
Revenue	4 170 000	2 934 000	2 526 000	1 818 000
Cost of Goods Sold	1 724 000	1 201 000	1 141 000	572 000
Salary Costs	1 318 000	1 034 000	939 000	864 000
Depreciation	103 000	104 000	58 000	57 000
Impairment	0	0	0	0
Expenditure	3 979 000	2 796 000	2 682 000	1 951 000
Operating Profit	340 000	198 000	−49 000	−338 000
Financial Income	0	0	0	0
Financial Costs	70 000	101 000	93 000	83 000
Financial Balance	−70 000	−101 000	−93 000	−83 000
Dividends	0	0	0	0
Net Income	270 000	97 000	−141 000	−470 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	502 000	519 000	537 000	555 000
Machinery and Plant Facilities	192 000	270 000	348 000	130 000
Fixtures	12 000	20 000	28 000	36 000
Total Tangible Assets	706 000	809 000	913 000	721 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	706 000	809 000	913 000	721 000
Stock	1 333 000	843 000	792 000	493 000
Total Investments	0	0	0	0
Cash, Bank	44 000	28 000	27 000	28 000
Total Current Assets	1 451 000	986 000	980 000	551 000
Total Assets	2 157 000	1 795 000	1 893 000	1 272 000
Total Equity	635 000	365 000	268 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	793 000	883 000	405 000	495 000
Creditors	174 000	227 000	771 000	97 000
Unpaid Taxes	103 000	54 000	1 000	68 000
Dividends	0	0	0	0
Other Current Debt	193 000	136 000	117 000	98 000
Total Current Debt	729 000	548 000	1 221 000	658 000
Total Equity and Debt	2 157 000	1 795 000	1 893 000	1 272 000

Financial indicators	2021	2020	2019	2018
Return on Equity	42,52 %	26,58 %	−52,61 %	−394,96 %
Debt-to-Equity Ratio	1,25	2,42	1,51	4,16
Operating Profit Margin	8,15 %	6,75 %	−1,94 %	−18,59 %
Current Ratio	1,99	1,8	0,8	0,84
Quick Ratio	−2,4	−3,34	2,28	3,34
Equity Ratio	0,29	0,2	0,14	0,09
Gross Profit Margin	58,66 %	59,07 %	54,83 %	68,54 %