RIVER SECURITY AS

0160 OSLO

Finances

Return on Equity

93,34 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	10 060 000	7 057 000	1 498 000
Net Income	1 402 000	1 806 000	630 000
Total Assets	5 576 000	4 278 000	1 344 000
Total Equity	1 502 000	2 530 000	724 000

Income (NOK)	2022	2021	2020
Revenue	10 060 000	7 057 000	1 498 000
Expenditure	8 652 000	4 790 000	692 000
Operating Profit	1 409 000	2 268 000	806 000
Financial Income	50 000	1 000	0
Financial Costs	31 000	7 000	0
Financial Balance	19 000	−6 000	0
Earnings Before Tax	1 428 000	2 262 000	806 000
Tax	25 000	456 000	176 000
Net Income	1 402 000	1 806 000	630 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	152 000	75 000	40 000
Total Current Assets	5 424 000	4 203 000	1 304 000
Total Assets	5 576 000	4 278 000	1 344 000
Total Retained Equity	1 408 000	2 435 000	630 000
Total Equity	1 502 000	2 530 000	724 000
Total Long-Term Debt	0	3 000	2 000
Total Current Debt	4 073 000	1 746 000	618 000
Total Equity and Debt	5 576 000	4 278 000	1 344 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 060 000	7 057 000	1 498 000
Other Income	0	0	0
Revenue	10 060 000	7 057 000	1 498 000
Cost of Goods Sold	942 000	104 000	112 000
Salary Costs	6 455 000	3 934 000	386 000
Depreciation	37 000	25 000	3 000
Impairment	0	0	0
Expenditure	8 652 000	4 790 000	692 000
Operating Profit	1 409 000	2 268 000	806 000
Financial Income	50 000	1 000	0
Financial Costs	31 000	7 000	0
Financial Balance	19 000	−6 000	0
Dividends	0	0	0
Net Income	1 402 000	1 806 000	630 000

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	0	0	0
Fixtures	82 000	75 000	40 000
Total Tangible Assets	82 000	75 000	40 000
Total Fiancial Fixed Assets	70 000	0	0
Total Fixed Assets	152 000	75 000	40 000
Stock	0	0	0
Total Investments	0	10 000	0
Cash, Bank	4 184 000	3 726 000	485 000
Total Current Assets	5 424 000	4 203 000	1 304 000
Total Assets	5 576 000	4 278 000	1 344 000
Total Equity	1 502 000	2 530 000	724 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	2 000
Creditors	67 000	156 000	31 000
Unpaid Taxes	1 474 000	704 000	362 000
Dividends	0	0	0
Other Current Debt	2 532 000	430 000	51 000
Total Current Debt	4 073 000	1 746 000	618 000
Total Equity and Debt	5 576 000	4 278 000	1 344 000

Financial indicators	2022	2021	2020
Return on Equity	93,34 %	71,38 %	87,02 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	14,01 %	32,14 %	53,81 %
Current Ratio	1,33	2,41	2,11
Quick Ratio	1,33	2,41	2,11
Equity Ratio	0,27	0,59	0,54
Gross Profit Margin	90,64 %	98,53 %	92,52 %