RIBAGO RITZ AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

−15,38 %

Current Ratio

1,32

Debt-to-Equity Ratio

23,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 457 000	12 351 000	10 900 000	14 206 000
Net Income	−4 000	−51 000	38 000	601 000
Total Assets	2 476 000	2 336 000	2 382 000	4 275 000
Total Equity	26 000	30 000	−14 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 457 000	12 351 000	10 900 000	14 206 000
Expenditure	13 413 000	12 374 000	10 815 000	13 421 000
Operating Profit	45 000	−23 000	85 000	784 000
Financial Income	0	0	0	1 000
Financial Costs	39 000	44 000	26 000	8 000
Financial Balance	−39 000	−44 000	−26 000	−7 000
Earnings Before Tax	6 000	−67 000	60 000	777 000
Tax	10 000	−15 000	21 000	177 000
Net Income	−4 000	−51 000	38 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	90 000	78 000	131 000
Total Current Assets	2 411 000	2 246 000	2 304 000	4 144 000
Total Assets	2 476 000	2 336 000	2 382 000	4 275 000
Total Retained Equity	−4 000	0	−44 000	−1 000
Total Equity	26 000	30 000	−14 000	29 000
Total Long-Term Debt	622 000	996 000	1 120 000	1 000
Total Current Debt	1 828 000	1 310 000	1 275 000	4 245 000
Total Equity and Debt	2 476 000	2 336 000	2 382 000	4 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 437 000	12 351 000	10 900 000	14 206 000
Other Income	20 000	0	0	0
Revenue	13 457 000	12 351 000	10 900 000	14 206 000
Cost of Goods Sold	5 219 000	5 159 000	4 422 000	5 504 000
Salary Costs	5 311 000	4 725 000	3 915 000	5 199 000
Depreciation	25 000	25 000	28 000	23 000
Impairment	0	0	0	0
Expenditure	13 413 000	12 374 000	10 815 000	13 421 000
Operating Profit	45 000	−23 000	85 000	784 000
Financial Income	0	0	0	1 000
Financial Costs	39 000	44 000	26 000	8 000
Financial Balance	−39 000	−44 000	−26 000	−7 000
Dividends	0	0	0	0
Net Income	−4 000	−51 000	38 000	601 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	22 000	26 000	35 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	58 000	42 000	61 000
Total Tangible Assets	55 000	80 000	68 000	96 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	35 000
Total Fixed Assets	65 000	90 000	78 000	131 000
Stock	547 000	479 000	431 000	451 000
Total Investments	0	0	0	0
Cash, Bank	691 000	522 000	532 000	1 118 000
Total Current Assets	2 411 000	2 246 000	2 304 000	4 144 000
Total Assets	2 476 000	2 336 000	2 382 000	4 275 000
Total Equity	26 000	30 000	−14 000	29 000
Short-Term Group Debt	226 000	229 000	268 000	2 068 000
Total Long-Term Debt	622 000	996 000	1 120 000	1 000
Creditors	696 000	376 000	433 000	1 216 000
Unpaid Taxes	361 000	196 000	131 000	378 000
Dividends	0	0	0	0
Other Current Debt	535 000	509 000	443 000	583 000
Total Current Debt	1 828 000	1 310 000	1 275 000	4 245 000
Total Equity and Debt	2 476 000	2 336 000	2 382 000	4 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,38 %	−170 %	−271,43 %	2 072,41 %
Debt-to-Equity Ratio	23,92	33,2	−80	0,03
Operating Profit Margin	0,33 %	−0,19 %	0,78 %	5,52 %
Current Ratio	1,32	1,71	1,81	0,98
Quick Ratio	1,88	2,7	2,73	1,09
Equity Ratio	0,01	0,01	−0,01	0,01
Gross Profit Margin	61,22 %	58,23 %	59,43 %	61,26 %