RYTEC AS

0185 OSLO

Finances

Return on Equity

33,11 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 585 000	23 735 000	16 451 000	20 972 000
Net Income	2 337 000	1 883 000	964 000	1 104 000
Total Assets	14 379 000	10 616 000	7 451 000	6 320 000
Total Equity	7 059 000	5 502 000	3 932 000	3 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 585 000	23 735 000	16 451 000	20 972 000
Expenditure	32 607 000	21 336 000	15 237 000	19 575 000
Operating Profit	2 978 000	2 400 000	1 213 000	1 397 000
Financial Income	24 000	16 000	26 000	31 000
Financial Costs	3 000	1 000	2 000	11 000
Financial Balance	21 000	15 000	24 000	20 000
Earnings Before Tax	2 999 000	2 415 000	1 238 000	1 417 000
Tax	663 000	532 000	274 000	313 000
Net Income	2 337 000	1 883 000	964 000	1 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	44 000	71 000	64 000
Total Current Assets	13 579 000	10 572 000	7 380 000	6 256 000
Total Assets	14 379 000	10 616 000	7 451 000	6 320 000
Total Retained Equity	6 027 000	4 470 000	2 918 000	2 454 000
Total Equity	7 059 000	5 502 000	3 932 000	3 468 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 319 000	5 114 000	3 519 000	2 853 000
Total Equity and Debt	14 379 000	10 616 000	7 451 000	6 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 585 000	23 735 000	16 451 000	20 972 000
Other Income	0	0	0	0
Revenue	35 585 000	23 735 000	16 451 000	20 972 000
Cost of Goods Sold	9 775 000	7 127 000	4 513 000	5 177 000
Salary Costs	18 903 000	11 977 000	8 882 000	11 670 000
Depreciation	44 000	29 000	23 000	46 000
Impairment	0	0	0	0
Expenditure	32 607 000	21 336 000	15 237 000	19 575 000
Operating Profit	2 978 000	2 400 000	1 213 000	1 397 000
Financial Income	24 000	16 000	26 000	31 000
Financial Costs	3 000	1 000	2 000	11 000
Financial Balance	21 000	15 000	24 000	20 000
Dividends	779 000	628 000	500 000	0
Net Income	2 337 000	1 883 000	964 000	1 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	5 000	3 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	38 000	67 000	60 000
Total Tangible Assets	40 000	38 000	67 000	60 000
Total Fiancial Fixed Assets	750 000	0	0	0
Total Fixed Assets	800 000	44 000	71 000	64 000
Stock	62 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 234 000	4 760 000	3 457 000	2 779 000
Total Current Assets	13 579 000	10 572 000	7 380 000	6 256 000
Total Assets	14 379 000	10 616 000	7 451 000	6 320 000
Total Equity	7 059 000	5 502 000	3 932 000	3 468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	948 000	471 000	476 000	148 000
Unpaid Taxes	2 072 000	1 697 000	1 070 000	966 000
Dividends	779 000	628 000	500 000	0
Other Current Debt	2 853 000	1 785 000	1 199 000	1 475 000
Total Current Debt	7 319 000	5 114 000	3 519 000	2 853 000
Total Equity and Debt	14 379 000	10 616 000	7 451 000	6 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,11 %	34,22 %	24,52 %	31,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,37 %	10,11 %	7,37 %	6,66 %
Current Ratio	1,86	2,07	2,1	2,19
Quick Ratio	1,87	2,07	2,1	2,19
Equity Ratio	0,49	0,52	0,53	0,55
Gross Profit Margin	72,53 %	69,97 %	72,57 %	75,31 %