RIGGMASTER AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

51,31 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 614 000	4 871 000	4 495 000	2 943 000
Net Income	510 000	17 000	115 000	18 000
Total Assets	2 232 000	1 517 000	1 090 000	1 008 000
Total Equity	994 000	484 000	467 000	370 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 614 000	4 871 000	4 495 000	2 943 000
Expenditure	6 933 000	4 821 000	4 323 000	2 885 000
Operating Profit	681 000	50 000	172 000	58 000
Financial Income	0	1 000	1 000	0
Financial Costs	28 000	29 000	22 000	33 000
Financial Balance	−28 000	−28 000	−21 000	−33 000
Earnings Before Tax	653 000	22 000	150 000	25 000
Tax	144 000	5 000	35 000	7 000
Net Income	510 000	17 000	115 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 000	194 000	318 000	417 000
Total Current Assets	1 893 000	1 322 000	772 000	592 000
Total Assets	2 232 000	1 517 000	1 090 000	1 008 000
Total Retained Equity	954 000	444 000	427 000	330 000
Total Equity	994 000	484 000	467 000	370 000
Total Long-Term Debt	232 000	275 000	5 000	7 000
Total Current Debt	1 006 000	756 000	619 000	631 000
Total Equity and Debt	2 232 000	1 517 000	1 090 000	1 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 614 000	4 871 000	4 385 000	2 833 000
Other Income	0	0	110 000	109 000
Revenue	7 614 000	4 871 000	4 495 000	2 943 000
Cost of Goods Sold	3 614 000	3 222 000	2 764 000	1 603 000
Salary Costs	2 086 000	729 000	599 000	515 000
Depreciation	110 000	93 000	99 000	89 000
Impairment	0	0	0	0
Expenditure	6 933 000	4 821 000	4 323 000	2 885 000
Operating Profit	681 000	50 000	172 000	58 000
Financial Income	0	1 000	1 000	0
Financial Costs	28 000	29 000	22 000	33 000
Financial Balance	−28 000	−28 000	−21 000	−33 000
Dividends	0	0	0	0
Net Income	510 000	17 000	115 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	334 000	194 000	288 000	387 000
Total Tangible Assets	334 000	194 000	288 000	387 000
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	340 000	194 000	318 000	417 000
Stock	355 000	550 000	391 000	379 000
Total Investments	0	0	0	0
Cash, Bank	762 000	114 000	123 000	44 000
Total Current Assets	1 893 000	1 322 000	772 000	592 000
Total Assets	2 232 000	1 517 000	1 090 000	1 008 000
Total Equity	994 000	484 000	467 000	370 000
Short-Term Group Debt	0	0	24 000	0
Total Long-Term Debt	232 000	275 000	5 000	7 000
Creditors	259 000	549 000	233 000	349 000
Unpaid Taxes	371 000	92 000	220 000	180 000
Dividends	0	0	0	0
Other Current Debt	226 000	107 000	110 000	102 000
Total Current Debt	1 006 000	756 000	619 000	631 000
Total Equity and Debt	2 232 000	1 517 000	1 090 000	1 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,31 %	3,51 %	24,63 %	4,86 %
Debt-to-Equity Ratio	0,23	0,57	0,01	0,02
Operating Profit Margin	8,94 %	1,03 %	3,83 %	1,97 %
Current Ratio	1,88	1,75	1,25	0,94
Quick Ratio	2,91	6,42	3,39	2,35
Equity Ratio	0,45	0,32	0,43	0,37
Gross Profit Margin	52,53 %	33,85 %	38,51 %	45,53 %