RITZ AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

18,81 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	686 000	674 000	561 000	519 000
Net Income	252 000	272 000	53 000	78 000
Total Assets	1 419 000	1 375 000	1 381 000	1 422 000
Total Equity	1 340 000	1 088 000	816 000	763 000

Income (NOK)	2022	2021	2020	2019
Revenue	686 000	674 000	561 000	519 000
Expenditure	360 000	309 000	471 000	392 000
Operating Profit	325 000	365 000	90 000	126 000
Financial Income	0	0	0	0
Financial Costs	2 000	16 000	22 000	27 000
Financial Balance	−2 000	−16 000	−22 000	−27 000
Earnings Before Tax	323 000	349 000	68 000	99 000
Tax	71 000	77 000	15 000	22 000
Net Income	252 000	272 000	53 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 242 000	1 242 000	1 242 000	1 242 000
Total Current Assets	178 000	134 000	139 000	180 000
Total Assets	1 419 000	1 375 000	1 381 000	1 422 000
Total Retained Equity	1 240 000	988 000	716 000	663 000
Total Equity	1 340 000	1 088 000	816 000	763 000
Total Long-Term Debt	0	68 000	438 000	508 000
Total Current Debt	79 000	220 000	127 000	151 000
Total Equity and Debt	1 419 000	1 375 000	1 381 000	1 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	686 000	674 000	561 000	519 000
Revenue	686 000	674 000	561 000	519 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	360 000	309 000	471 000	392 000
Operating Profit	325 000	365 000	90 000	126 000
Financial Income	0	0	0	0
Financial Costs	2 000	16 000	22 000	27 000
Financial Balance	−2 000	−16 000	−22 000	−27 000
Dividends	0	0	0	0
Net Income	252 000	272 000	53 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 242 000	1 242 000	1 242 000	1 242 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 242 000	1 242 000	1 242 000	1 242 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 242 000	1 242 000	1 242 000	1 242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	66 000	89 000	133 000
Total Current Assets	178 000	134 000	139 000	180 000
Total Assets	1 419 000	1 375 000	1 381 000	1 422 000
Total Equity	1 340 000	1 088 000	816 000	763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	68 000	438 000	508 000
Creditors	0	0	2 000	40 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	143 000	111 000	89 000
Total Current Debt	79 000	220 000	127 000	151 000
Total Equity and Debt	1 419 000	1 375 000	1 381 000	1 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,81 %	25 %	6,5 %	10,22 %
Debt-to-Equity Ratio	0	0,06	0,54	0,67
Operating Profit Margin	47,38 %	54,15 %	16,04 %	24,28 %
Current Ratio	2,25	0,61	1,09	1,19
Quick Ratio	2,25	0,61	1,09	1,19
Equity Ratio	0,94	0,79	0,59	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %