RIO TECH AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

469,48 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 014 000	1 897 000	1 934 000	1 932 000
Net Income	723 000	616 000	615 000	551 000
Total Assets	1 222 000	1 063 000	1 281 000	1 303 000
Total Equity	154 000	131 000	115 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 014 000	1 897 000	1 934 000	1 932 000
Expenditure	1 087 000	1 108 000	1 182 000	1 230 000
Operating Profit	927 000	788 000	753 000	703 000
Financial Income	2 000	2 000	31 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	2 000	31 000	4 000
Earnings Before Tax	927 000	790 000	783 000	707 000
Tax	204 000	174 000	168 000	156 000
Net Income	723 000	616 000	615 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 222 000	1 063 000	1 281 000	1 303 000
Total Assets	1 222 000	1 063 000	1 281 000	1 303 000
Total Retained Equity	54 000	31 000	15 000	800 000
Total Equity	154 000	131 000	115 000	900 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	1 067 000	932 000	1 165 000	403 000
Total Equity and Debt	1 222 000	1 063 000	1 281 000	1 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 014 000	1 897 000	1 934 000	1 932 000
Other Income	0	0	0	0
Revenue	2 014 000	1 897 000	1 934 000	1 932 000
Cost of Goods Sold	0	0	0	0
Salary Costs	994 000	1 018 000	1 102 000	1 149 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 087 000	1 108 000	1 182 000	1 230 000
Operating Profit	927 000	788 000	753 000	703 000
Financial Income	2 000	2 000	31 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	2 000	31 000	4 000
Dividends	700 000	600 000	800 000	0
Net Income	723 000	616 000	615 000	551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	214 000
Cash, Bank	1 052 000	920 000	1 150 000	930 000
Total Current Assets	1 222 000	1 063 000	1 281 000	1 303 000
Total Assets	1 222 000	1 063 000	1 281 000	1 303 000
Total Equity	154 000	131 000	115 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	14 000	5 000	4 000	0
Unpaid Taxes	51 000	64 000	97 000	146 000
Dividends	700 000	600 000	800 000	0
Other Current Debt	99 000	89 000	97 000	101 000
Total Current Debt	1 067 000	932 000	1 165 000	403 000
Total Equity and Debt	1 222 000	1 063 000	1 281 000	1 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	469,48 %	470,23 %	534,78 %	61,22 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	46,03 %	41,54 %	38,93 %	36,39 %
Current Ratio	1,15	1,14	1,1	3,23
Quick Ratio	1,15	1,14	1,1	3,23
Equity Ratio	0,13	0,12	0,09	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %