RITEK HOLDING AS

7609 LEVANGER

Finances

Return on Equity

−0,38 %

Current Ratio

1,09

Debt-to-Equity Ratio

4,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 603 000	80 279 000	45 637 000	38 130 000
Net Income	−51 000	3 091 000	1 503 000	201 000
Total Assets	239 178 000	201 515 000	50 719 000	41 093 000
Total Equity	13 446 000	13 497 000	10 406 000	8 903 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 603 000	80 279 000	45 637 000	38 130 000
Expenditure	134 671 000	75 598 000	43 072 000	37 440 000
Operating Profit	2 932 000	4 680 000	2 564 000	690 000
Financial Income	387 000	527 000	416 000	22 000
Financial Costs	3 364 000	1 191 000	1 098 000	453 000
Financial Balance	−2 977 000	−664 000	−682 000	−431 000
Earnings Before Tax	−45 000	4 015 000	1 881 000	259 000
Tax	6 000	925 000	378 000	58 000
Net Income	−51 000	3 091 000	1 503 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 922 000	23 271 000	23 140 000	23 044 000
Total Current Assets	178 256 000	178 244 000	27 578 000	18 049 000
Total Assets	239 178 000	201 515 000	50 719 000	41 093 000
Total Retained Equity	6 617 000	6 668 000	5 878 000	4 375 000
Total Equity	13 446 000	13 497 000	10 406 000	8 903 000
Total Long-Term Debt	61 466 000	35 829 000	27 464 000	23 070 000
Total Current Debt	164 266 000	152 189 000	12 848 000	9 120 000
Total Equity and Debt	239 178 000	201 515 000	50 719 000	41 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 138 000	79 209 000	44 531 000	36 953 000
Other Income	2 465 000	1 070 000	1 106 000	1 177 000
Revenue	137 603 000	80 279 000	45 637 000	38 130 000
Cost of Goods Sold	76 857 000	29 006 000	6 514 000	6 068 000
Salary Costs	38 656 000	30 416 000	26 312 000	23 153 000
Depreciation	1 490 000	1 176 000	1 107 000	1 209 000
Impairment	0	0	0	0
Expenditure	134 671 000	75 598 000	43 072 000	37 440 000
Operating Profit	2 932 000	4 680 000	2 564 000	690 000
Financial Income	387 000	527 000	416 000	22 000
Financial Costs	3 364 000	1 191 000	1 098 000	453 000
Financial Balance	−2 977 000	−664 000	−682 000	−431 000
Dividends	0	0	0	0
Net Income	−51 000	3 091 000	1 503 000	201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	505 000	660 000	915 000	776 000
Real Eastate	58 360 000	21 164 000	8 960 000	9 027 000
Machinery and Plant Facilities	654 000	488 000	328 000	96 000
Fixtures	1 196 000	755 000	836 000	1 094 000
Total Tangible Assets	60 210 000	22 407 000	10 124 000	10 217 000
Total Fiancial Fixed Assets	207 000	204 000	12 102 000	12 051 000
Total Fixed Assets	60 922 000	23 271 000	23 140 000	23 044 000
Stock	117 936 000	87 431 000	1 735 000	1 381 000
Total Investments	0	0	0	0
Cash, Bank	23 496 000	48 496 000	13 751 000	7 350 000
Total Current Assets	178 256 000	178 244 000	27 578 000	18 049 000
Total Assets	239 178 000	201 515 000	50 719 000	41 093 000
Total Equity	13 446 000	13 497 000	10 406 000	8 903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 466 000	35 829 000	27 464 000	23 070 000
Creditors	1 990 000	5 853 000	3 310 000	2 904 000
Unpaid Taxes	22 938 000	580 000	6 041 000	3 466 000
Dividends	0	0	0	0
Other Current Debt	139 338 000	145 247 000	3 497 000	2 750 000
Total Current Debt	164 266 000	152 189 000	12 848 000	9 120 000
Total Equity and Debt	239 178 000	201 515 000	50 719 000	41 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,38 %	22,9 %	14,44 %	2,26 %
Debt-to-Equity Ratio	4,57	2,65	2,64	2,59
Operating Profit Margin	2,13 %	5,83 %	5,62 %	1,81 %
Current Ratio	1,09	1,17	2,15	1,98
Quick Ratio	3,85	2,75	2,48	2,33
Equity Ratio	0,06	0,07	0,21	0,22
Gross Profit Margin	44,15 %	63,87 %	85,73 %	84,09 %