RIVERNORTH AS

8683 TROFORS

Finances

Share Ownership

Return on Equity

4,45 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 162 000	2 546 000	1 505 000	772 000
Net Income	49 000	569 000	400 000	118 000
Total Assets	1 345 000	2 266 000	1 145 000	500 000
Total Equity	1 100 000	1 051 000	482 000	−68 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 162 000	2 546 000	1 505 000	772 000
Expenditure	2 093 000	1 810 000	1 038 000	657 000
Operating Profit	69 000	736 000	468 000	114 000
Financial Income	3 000	4 000	4 000	4 000
Financial Costs	9 000	10 000	9 000	0
Financial Balance	−6 000	−6 000	−5 000	4 000
Earnings Before Tax	63 000	729 000	462 000	118 000
Tax	14 000	160 000	63 000	0
Net Income	49 000	569 000	400 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 146 000	728 000	654 000	274 000
Total Current Assets	199 000	1 538 000	490 000	225 000
Total Assets	1 345 000	2 266 000	1 145 000	500 000
Total Retained Equity	920 000	871 000	302 000	−98 000
Total Equity	1 100 000	1 051 000	482 000	−68 000
Total Long-Term Debt	184 000	239 000	361 000	445 000
Total Current Debt	61 000	977 000	302 000	123 000
Total Equity and Debt	1 345 000	2 266 000	1 145 000	500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 731 000	2 279 000	1 505 000	764 000
Other Income	431 000	267 000	0	8 000
Revenue	2 162 000	2 546 000	1 505 000	772 000
Cost of Goods Sold	137 000	93 000	90 000	17 000
Salary Costs	1 042 000	972 000	445 000	198 000
Depreciation	132 000	119 000	85 000	74 000
Impairment	0	0	0	0
Expenditure	2 093 000	1 810 000	1 038 000	657 000
Operating Profit	69 000	736 000	468 000	114 000
Financial Income	3 000	4 000	4 000	4 000
Financial Costs	9 000	10 000	9 000	0
Financial Balance	−6 000	−6 000	−5 000	4 000
Dividends	0	0	0	0
Net Income	49 000	569 000	400 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	755 000	223 000	226 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	391 000	504 000	428 000	274 000
Total Tangible Assets	1 146 000	728 000	654 000	274 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 146 000	728 000	654 000	274 000
Stock	0	790 000	65 000	0
Total Investments	0	0	0	0
Cash, Bank	188 000	699 000	426 000	225 000
Total Current Assets	199 000	1 538 000	490 000	225 000
Total Assets	1 345 000	2 266 000	1 145 000	500 000
Total Equity	1 100 000	1 051 000	482 000	−68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	184 000	239 000	361 000	445 000
Creditors	−33 000	−5 000	19 000	15 000
Unpaid Taxes	4 000	28 000	5 000	4 000
Dividends	0	0	0	0
Other Current Debt	73 000	794 000	223 000	104 000
Total Current Debt	61 000	977 000	302 000	123 000
Total Equity and Debt	1 345 000	2 266 000	1 145 000	500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,45 %	54,14 %	82,99 %	−173,53 %
Debt-to-Equity Ratio	0,17	0,23	0,75	−6,54
Operating Profit Margin	3,19 %	28,91 %	31,1 %	14,77 %
Current Ratio	3,26	1,57	1,62	1,83
Quick Ratio	3,26	8,22	2,07	1,83
Equity Ratio	0,82	0,46	0,42	−0,14
Gross Profit Margin	93,66 %	96,35 %	94,02 %	97,8 %