RIBE RENTAL AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

102,36 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	2 092 000	540 000	201 000
Net Income	260 000	24 000	40 000
Total Assets	732 000	223 000	189 000
Total Equity	254 000	94 000	70 000

Income (NOK)	2022	2021	2020
Revenue	2 092 000	540 000	201 000
Expenditure	1 725 000	508 000	151 000
Operating Profit	368 000	32 000	51 000
Financial Income	0	0	0
Financial Costs	34 000	2 000	0
Financial Balance	−34 000	−2 000	0
Earnings Before Tax	334 000	31 000	51 000
Tax	73 000	7 000	11 000
Net Income	260 000	24 000	40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	254 000	100 000	63 000
Total Current Assets	477 000	123 000	126 000
Total Assets	732 000	223 000	189 000
Total Retained Equity	224 000	64 000	40 000
Total Equity	254 000	94 000	70 000
Total Long-Term Debt	4 000	0	3 000
Total Current Debt	474 000	129 000	117 000
Total Equity and Debt	732 000	223 000	189 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 092 000	540 000	201 000
Other Income	0	0	0
Revenue	2 092 000	540 000	201 000
Cost of Goods Sold	957 000	0	0
Salary Costs	0	0	0
Depreciation	47 000	20 000	4 000
Impairment	0	0	0
Expenditure	1 725 000	508 000	151 000
Operating Profit	368 000	32 000	51 000
Financial Income	0	0	0
Financial Costs	34 000	2 000	0
Financial Balance	−34 000	−2 000	0
Dividends	100 000	0	0
Net Income	260 000	24 000	40 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	157 000	33 000	53 000
Fixtures	45 000	0	0
Total Tangible Assets	202 000	33 000	53 000
Total Fiancial Fixed Assets	52 000	67 000	10 000
Total Fixed Assets	254 000	100 000	63 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	245 000	4 000	87 000
Total Current Assets	477 000	123 000	126 000
Total Assets	732 000	223 000	189 000
Total Equity	254 000	94 000	70 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 000	0	3 000
Creditors	119 000	58 000	106 000
Unpaid Taxes	64 000	12 000	2 000
Dividends	100 000	0	0
Other Current Debt	221 000	49 000	0
Total Current Debt	474 000	129 000	117 000
Total Equity and Debt	732 000	223 000	189 000

Financial indicators	2022	2021	2020
Return on Equity	102,36 %	25,53 %	57,14 %
Debt-to-Equity Ratio	0,02	0	0,04
Operating Profit Margin	17,59 %	5,93 %	25,37 %
Current Ratio	1,01	0,95	1,08
Quick Ratio	1,01	0,95	1,08
Equity Ratio	0,35	0,42	0,37
Gross Profit Margin	54,25 %	100 %	100 %