X-RIG AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−13,73 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 005 000	14 759 000	16 833 000	5 281 000
Net Income	−1 406 000	−3 077 000	−573 000	−5 115 000
Total Assets	20 137 000	19 508 000	21 383 000	18 563 000
Total Equity	10 240 000	11 643 000	14 722 000	15 295 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 005 000	14 759 000	16 833 000	5 281 000
Expenditure	21 201 000	17 786 000	17 251 000	10 314 000
Operating Profit	−1 196 000	−3 028 000	−418 000	−5 032 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	211 000	52 000	156 000	83 000
Financial Balance	−209 000	−50 000	−155 000	−82 000
Earnings Before Tax	−1 406 000	−3 077 000	−573 000	−5 115 000
Tax	0	0	0	0
Net Income	−1 406 000	−3 077 000	−573 000	−5 115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 555 000	14 124 000	14 688 000	16 178 000
Total Current Assets	7 581 000	5 385 000	6 695 000	2 385 000
Total Assets	20 137 000	19 508 000	21 383 000	18 563 000
Total Retained Equity	−4 483 000	−2 912 000	0	−17 735 000
Total Equity	10 240 000	11 643 000	14 722 000	15 295 000
Total Long-Term Debt	3 071 000	798 000	0	0
Total Current Debt	6 826 000	7 067 000	6 661 000	3 268 000
Total Equity and Debt	20 137 000	19 508 000	21 383 000	18 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 005 000	14 642 000	16 648 000	5 281 000
Other Income	0	117 000	185 000	0
Revenue	20 005 000	14 759 000	16 833 000	5 281 000
Cost of Goods Sold	5 263 000	1 571 000	2 831 000	512 000
Salary Costs	5 799 000	6 105 000	3 702 000	2 782 000
Depreciation	2 000 000	1 984 000	2 945 000	3 445 000
Impairment	0	0	0	0
Expenditure	21 201 000	17 786 000	17 251 000	10 314 000
Operating Profit	−1 196 000	−3 028 000	−418 000	−5 032 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	211 000	52 000	156 000	83 000
Financial Balance	−209 000	−50 000	−155 000	−82 000
Dividends	0	0	0	0
Net Income	−1 406 000	−3 077 000	−573 000	−5 115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 000	0	0	845 000
Machinery and Plant Facilities	9 839 000	11 018 000	12 413 000	13 564 000
Fixtures	1 832 000	2 256 000	1 425 000	1 769 000
Total Tangible Assets	11 705 000	13 274 000	13 838 000	16 178 000
Total Fiancial Fixed Assets	850 000	850 000	850 000	0
Total Fixed Assets	12 555 000	14 124 000	14 688 000	16 178 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	239 000	4 030 000	947 000
Total Current Assets	7 581 000	5 385 000	6 695 000	2 385 000
Total Assets	20 137 000	19 508 000	21 383 000	18 563 000
Total Equity	10 240 000	11 643 000	14 722 000	15 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 071 000	798 000	0	0
Creditors	2 370 000	1 061 000	2 074 000	425 000
Unpaid Taxes	1 744 000	1 356 000	201 000	337 000
Dividends	0	0	0	0
Other Current Debt	2 712 000	4 650 000	4 386 000	2 506 000
Total Current Debt	6 826 000	7 067 000	6 661 000	3 268 000
Total Equity and Debt	20 137 000	19 508 000	21 383 000	18 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,73 %	−26,43 %	−3,89 %	−33,44 %
Debt-to-Equity Ratio	0,3	0,07	0	0
Operating Profit Margin	−5,98 %	−20,52 %	−2,48 %	−95,28 %
Current Ratio	1,11	0,76	1,01	0,73
Quick Ratio	1,11	0,76	1,01	0,73
Equity Ratio	0,51	0,6	0,69	0,82
Gross Profit Margin	73,69 %	89,36 %	83,18 %	90,3 %