RITEK EIENDOM AS

7609 LEVANGER

Finances

Share Ownership

Return on Equity

−43,15 %

Current Ratio

5,02

Debt-to-Equity Ratio

15,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 932 000	2 007 000	2 124 000	1 511 000
Net Income	−1 831 000	173 000	405 000	−35 000
Total Assets	71 254 000	36 763 000	31 230 000	30 438 000
Total Equity	4 243 000	4 996 000	517 000	2 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 932 000	2 007 000	2 124 000	1 511 000
Expenditure	1 475 000	1 168 000	1 145 000	1 161 000
Operating Profit	457 000	839 000	979 000	350 000
Financial Income	77 000	225 000	515 000	1 000
Financial Costs	2 882 000	842 000	1 074 000	407 000
Financial Balance	−2 805 000	−617 000	−559 000	−406 000
Earnings Before Tax	−2 347 000	222 000	420 000	−56 000
Tax	−516 000	49 000	16 000	−21 000
Net Income	−1 831 000	173 000	405 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 233 000	28 071 000	28 036 000	23 498 000
Total Current Assets	6 021 000	8 692 000	3 194 000	6 940 000
Total Assets	71 254 000	36 763 000	31 230 000	30 438 000
Total Retained Equity	−253 000	499 000	326 000	−35 000
Total Equity	4 243 000	4 996 000	517 000	2 000
Total Long-Term Debt	65 810 000	30 354 000	30 363 000	30 368 000
Total Current Debt	1 200 000	1 413 000	350 000	69 000
Total Equity and Debt	71 254 000	36 763 000	31 230 000	30 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 511 000
Other Income	1 932 000	2 007 000	2 124 000	0
Revenue	1 932 000	2 007 000	2 124 000	1 511 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	986 000	807 000	901 000	972 000
Impairment	0	0	0	0
Expenditure	1 475 000	1 168 000	1 145 000	1 161 000
Operating Profit	457 000	839 000	979 000	350 000
Financial Income	77 000	225 000	515 000	1 000
Financial Costs	2 882 000	842 000	1 074 000	407 000
Financial Balance	−2 805 000	−617 000	−559 000	−406 000
Dividends	0	0	0	0
Net Income	−1 831 000	173 000	405 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 151 000	939 000	1 638 000	1 774 000
Real Eastate	58 360 000	21 164 000	8 960 000	9 027 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	421 000	491 000	569 000	697 000
Total Tangible Assets	58 781 000	21 655 000	9 529 000	9 724 000
Total Fiancial Fixed Assets	5 301 000	5 476 000	16 868 000	12 000 000
Total Fixed Assets	65 233 000	28 071 000	28 036 000	23 498 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 113 000	2 592 000	539 000	470 000
Total Current Assets	6 021 000	8 692 000	3 194 000	6 940 000
Total Assets	71 254 000	36 763 000	31 230 000	30 438 000
Total Equity	4 243 000	4 996 000	517 000	2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 810 000	30 354 000	30 363 000	30 368 000
Creditors	1 080 000	1 275 000	233 000	9 000
Unpaid Taxes	0	0	54 000	60 000
Dividends	0	0	0	0
Other Current Debt	120 000	71 000	62 000	0
Total Current Debt	1 200 000	1 413 000	350 000	69 000
Total Equity and Debt	71 254 000	36 763 000	31 230 000	30 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,15 %	3,46 %	78,34 %	−1 750 %
Debt-to-Equity Ratio	15,51	6,08	58,73	15 184
Operating Profit Margin	23,65 %	41,8 %	46,09 %	23,16 %
Current Ratio	5,02	6,15	9,13	100,58
Quick Ratio	5,02	6,15	9,13	100,58
Equity Ratio	0,06	0,14	0,02	0
Gross Profit Margin	100 %	100 %	100 %	100 %