RTS (RIG TECH SOLUTIONS) AS

3802 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−18,72 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 000	1 253 000	146 000	246 000
Net Income	38 000	1 023 000	−113 000	−146 000
Total Assets	703 000	834 000	902 000	961 000
Total Equity	−203 000	−241 000	−1 264 000	−1 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 000	1 253 000	146 000	246 000
Expenditure	197 000	227 000	258 000	387 000
Operating Profit	38 000	1 025 000	−112 000	−141 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	1 000	5 000
Financial Balance	0	−3 000	−1 000	−5 000
Earnings Before Tax	38 000	1 023 000	−113 000	−146 000
Tax	0	0	0	0
Net Income	38 000	1 023 000	−113 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	438 000	532 000	612 000	742 000
Total Current Assets	265 000	302 000	289 000	219 000
Total Assets	703 000	834 000	902 000	961 000
Total Retained Equity	−291 000	−329 000	−1 352 000	−1 239 000
Total Equity	−203 000	−241 000	−1 264 000	−1 151 000
Total Long-Term Debt	0	0	0	26 000
Total Current Debt	906 000	1 076 000	2 166 000	2 086 000
Total Equity and Debt	703 000	834 000	902 000	961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 000	205 000	146 000	51 000
Other Income	0	1 049 000	0	194 000
Revenue	235 000	1 253 000	146 000	246 000
Cost of Goods Sold	6 000	8 000	3 000	132 000
Salary Costs	0	0	1 000	1 000
Depreciation	94 000	101 000	130 000	101 000
Impairment	0	0	0	0
Expenditure	197 000	227 000	258 000	387 000
Operating Profit	38 000	1 025 000	−112 000	−141 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	1 000	5 000
Financial Balance	0	−3 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	38 000	1 023 000	−113 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 000	28 000	32 000	37 000
Machinery and Plant Facilities	291 000	291 000	291 000	291 000
Fixtures	124 000	213 000	289 000	414 000
Total Tangible Assets	438 000	532 000	612 000	742 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	438 000	532 000	612 000	742 000
Stock	212 000	209 000	209 000	204 000
Total Investments	0	0	0	0
Cash, Bank	39 000	28 000	75 000	0
Total Current Assets	265 000	302 000	289 000	219 000
Total Assets	703 000	834 000	902 000	961 000
Total Equity	−203 000	−241 000	−1 264 000	−1 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	26 000
Creditors	7 000	14 000	21 000	22 000
Unpaid Taxes	7 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	893 000	1 058 000	2 144 000	2 064 000
Total Current Debt	906 000	1 076 000	2 166 000	2 086 000
Total Equity and Debt	703 000	834 000	902 000	961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,72 %	−424,48 %	8,94 %	12,68 %
Debt-to-Equity Ratio	−0	−0	−0	−0,02
Operating Profit Margin	16,17 %	81,8 %	−76,71 %	−57,32 %
Current Ratio	0,29	0,28	0,13	0,1
Quick Ratio	0,38	0,35	0,15	0,12
Equity Ratio	−0,29	−0,29	−1,4	−1,2
Gross Profit Margin	97,45 %	99,36 %	97,95 %	46,34 %