RYDE TECHNOLOGY AS

0661 OSLO

Finances

Return on Equity

−43,85 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 829 000	122 575 000	45 726 000	10 894 000
Net Income	−30 989 000	14 289 000	8 470 000	668 000
Total Assets	203 803 000	144 516 000	46 935 000	9 478 000
Total Equity	70 670 000	103 279 000	38 944 000	1 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 829 000	122 575 000	45 726 000	10 894 000
Expenditure	168 551 000	105 248 000	34 187 000	9 755 000
Operating Profit	−36 722 000	17 327 000	11 538 000	1 139 000
Financial Income	6 819 000	2 229 000	127 000	27 000
Financial Costs	10 071 000	2 792 000	717 000	299 000
Financial Balance	−3 252 000	−563 000	−590 000	−272 000
Earnings Before Tax	−39 974 000	16 763 000	10 948 000	866 000
Tax	−8 985 000	2 474 000	2 478 000	198 000
Net Income	−30 989 000	14 289 000	8 470 000	668 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 674 000	63 131 000	14 847 000	4 246 000
Total Current Assets	154 129 000	81 385 000	32 088 000	5 231 000
Total Assets	203 803 000	144 516 000	46 935 000	9 478 000
Total Retained Equity	0	23 506 000	9 138 000	668 000
Total Equity	70 670 000	103 279 000	38 944 000	1 668 000
Total Long-Term Debt	0	4 173 000	1 737 000	5 698 000
Total Current Debt	133 133 000	37 064 000	6 254 000	2 112 000
Total Equity and Debt	203 803 000	144 516 000	46 935 000	9 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 574 000	122 562 000	45 392 000	10 894 000
Other Income	2 255 000	12 000	333 000	0
Revenue	131 829 000	122 575 000	45 726 000	10 894 000
Cost of Goods Sold	0	660 000	0	0
Salary Costs	45 505 000	36 278 000	15 314 000	2 896 000
Depreciation	47 360 000	30 336 000	6 396 000	1 039 000
Impairment	0	0	0	0
Expenditure	168 551 000	105 248 000	34 187 000	9 755 000
Operating Profit	−36 722 000	17 327 000	11 538 000	1 139 000
Financial Income	6 819 000	2 229 000	127 000	27 000
Financial Costs	10 071 000	2 792 000	717 000	299 000
Financial Balance	−3 252 000	−563 000	−590 000	−272 000
Dividends	0	0	0	0
Net Income	−30 989 000	14 289 000	8 470 000	668 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 238 000	2 030 000	2 634 000	928 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	103 000	0	11 933 000	0
Fixtures	40 850 000	58 812 000	79 000	3 154 000
Total Tangible Assets	40 952 000	58 812 000	12 012 000	3 154 000
Total Fiancial Fixed Assets	2 484 000	2 289 000	201 000	163 000
Total Fixed Assets	49 674 000	63 131 000	14 847 000	4 246 000
Stock	7 029 000	492 000	838 000	3 716 000
Total Investments	0	0	0	0
Cash, Bank	7 571 000	5 129 000	17 947 000	312 000
Total Current Assets	154 129 000	81 385 000	32 088 000	5 231 000
Total Assets	203 803 000	144 516 000	46 935 000	9 478 000
Total Equity	70 670 000	103 279 000	38 944 000	1 668 000
Short-Term Group Debt	89 203 000	10 369 000	0	0
Total Long-Term Debt	0	4 173 000	1 737 000	5 698 000
Creditors	5 233 000	2 959 000	560 000	359 000
Unpaid Taxes	3 054 000	2 879 000	2 122 000	61 000
Dividends	0	0	0	0
Other Current Debt	10 942 000	7 239 000	3 573 000	1 691 000
Total Current Debt	133 133 000	37 064 000	6 254 000	2 112 000
Total Equity and Debt	203 803 000	144 516 000	46 935 000	9 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,85 %	13,84 %	21,75 %	40,05 %
Debt-to-Equity Ratio	0	0,04	0,04	3,42
Operating Profit Margin	−27,86 %	14,14 %	25,23 %	10,46 %
Current Ratio	1,16	2,2	5,13	2,48
Quick Ratio	1,22	2,23	5,92	−3,26
Equity Ratio	0,35	0,71	0,83	0,18
Gross Profit Margin	100 %	99,46 %	100 %	100 %