RIID ADVOKATFIRMA AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

429,27 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 224 000	2 134 000	1 758 000	856 000
Net Income	880 000	1 064 000	742 000	272 000
Total Assets	1 650 000	1 942 000	1 437 000	759 000
Total Equity	205 000	205 000	200 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 224 000	2 134 000	1 758 000	856 000
Expenditure	1 095 000	768 000	804 000	507 000
Operating Profit	1 129 000	1 365 000	954 000	349 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	1 128 000	1 365 000	952 000	349 000
Tax	248 000	301 000	209 000	77 000
Net Income	880 000	1 064 000	742 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	50 000	113 000
Total Current Assets	1 600 000	1 892 000	1 387 000	646 000
Total Assets	1 650 000	1 942 000	1 437 000	759 000
Total Retained Equity	5 000	5 000	0	0
Total Equity	205 000	205 000	200 000	200 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 445 000	1 738 000	1 236 000	558 000
Total Equity and Debt	1 650 000	1 942 000	1 437 000	759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 224 000	2 134 000	1 749 000	856 000
Other Income	0	0	9 000	0
Revenue	2 224 000	2 134 000	1 758 000	856 000
Cost of Goods Sold	24 000	6 000	0	1 000
Salary Costs	562 000	568 000	463 000	136 000
Depreciation	0	0	39 000	40 000
Impairment	0	0	0	0
Expenditure	1 095 000	768 000	804 000	507 000
Operating Profit	1 129 000	1 365 000	954 000	349 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Dividends	880 000	1 060 000	742 000	280 000
Net Income	880 000	1 064 000	742 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	24 000
Total Fixed Assets	50 000	50 000	50 000	113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 091 000	931 000	1 025 000	132 000
Total Current Assets	1 600 000	1 892 000	1 387 000	646 000
Total Assets	1 650 000	1 942 000	1 437 000	759 000
Total Equity	205 000	205 000	200 000	200 000
Short-Term Group Debt	880 000	1 060 000	742 000	280 000
Total Long-Term Debt	0	0	0	0
Creditors	20 000	27 000	16 000	21 000
Unpaid Taxes	156 000	239 000	165 000	95 000
Dividends	880 000	1 060 000	742 000	280 000
Other Current Debt	141 000	111 000	104 000	86 000
Total Current Debt	1 445 000	1 738 000	1 236 000	558 000
Total Equity and Debt	1 650 000	1 942 000	1 437 000	759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	429,27 %	519,02 %	371 %	136 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,76 %	63,96 %	54,27 %	40,77 %
Current Ratio	1,11	1,09	1,12	1,16
Quick Ratio	1,11	1,09	1,12	1,16
Equity Ratio	0,12	0,11	0,14	0,26
Gross Profit Margin	98,92 %	99,72 %	100 %	99,88 %