RYTECH AS

4200 SAUDA

Finances

Return on Equity

30,97 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 671 000	2 252 000	589 000	360 000
Net Income	144 000	216 000	91 000	3 000
Total Assets	1 304 000	795 000	347 000	81 000
Total Equity	465 000	321 000	105 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 671 000	2 252 000	589 000	360 000
Expenditure	3 590 000	2 034 000	515 000	192 000
Operating Profit	81 000	218 000	74 000	167 000
Financial Income	62 000	68 000	122 000	16 000
Financial Costs	161 000	21 000	93 000	144 000
Financial Balance	−99 000	47 000	29 000	−128 000
Earnings Before Tax	−18 000	265 000	103 000	40 000
Tax	−162 000	49 000	12 000	37 000
Net Income	144 000	216 000	91 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	69 000	0	6 000
Total Current Assets	1 243 000	726 000	347 000	75 000
Total Assets	1 304 000	795 000	347 000	81 000
Total Retained Equity	446 000	302 000	86 000	−5 000
Total Equity	465 000	321 000	105 000	15 000
Total Long-Term Debt	160 000	163 000	0	0
Total Current Debt	679 000	311 000	242 000	67 000
Total Equity and Debt	1 304 000	795 000	347 000	81 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 446 000	2 152 000	389 000	360 000
Other Income	225 000	100 000	200 000	0
Revenue	3 671 000	2 252 000	589 000	360 000
Cost of Goods Sold	1 199 000	649 000	335 000	99 000
Salary Costs	1 859 000	1 138 000	111 000	0
Depreciation	14 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	3 590 000	2 034 000	515 000	192 000
Operating Profit	81 000	218 000	74 000	167 000
Financial Income	62 000	68 000	122 000	16 000
Financial Costs	161 000	21 000	93 000	144 000
Financial Balance	−99 000	47 000	29 000	−128 000
Dividends	0	0	0	0
Net Income	144 000	216 000	91 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	69 000	0	0
Total Tangible Assets	55 000	69 000	0	0
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	61 000	69 000	0	6 000
Stock	212 000	261 000	0	0
Total Investments	0	0	111 000	64 000
Cash, Bank	449 000	168 000	85 000	0
Total Current Assets	1 243 000	726 000	347 000	75 000
Total Assets	1 304 000	795 000	347 000	81 000
Total Equity	465 000	321 000	105 000	15 000
Short-Term Group Debt	41 000	36 000	46 000	54 000
Total Long-Term Debt	160 000	163 000	0	0
Creditors	156 000	5 000	112 000	1 000
Unpaid Taxes	290 000	115 000	67 000	11 000
Dividends	0	0	0	0
Other Current Debt	192 000	108 000	10 000	0
Total Current Debt	679 000	311 000	242 000	67 000
Total Equity and Debt	1 304 000	795 000	347 000	81 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,97 %	67,29 %	86,67 %	20 %
Debt-to-Equity Ratio	0,34	0,51	0	0
Operating Profit Margin	2,21 %	9,68 %	12,56 %	46,39 %
Current Ratio	1,83	2,33	1,43	1,12
Quick Ratio	2,66	14,52	1,43	1,12
Equity Ratio	0,36	0,4	0,3	0,19
Gross Profit Margin	67,34 %	71,18 %	43,12 %	72,5 %