RICON AS

4028 STAVANGER

Finances

Return on Equity

34,02 %

Current Ratio

6,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	376 000	456 000	461 000	517 000
Net Income	215 000	113 000	69 000	47 000
Total Assets	744 000	531 000	402 000	345 000
Total Equity	632 000	418 000	305 000	236 000

Income (NOK)	2022	2021	2020	2019
Revenue	376 000	456 000	461 000	517 000
Expenditure	101 000	312 000	372 000	457 000
Operating Profit	275 000	144 000	88 000	61 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	275 000	144 000	88 000	61 000
Tax	61 000	32 000	19 000	13 000
Net Income	215 000	113 000	69 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	51 000	51 000	51 000
Total Current Assets	693 000	480 000	351 000	294 000
Total Assets	744 000	531 000	402 000	345 000
Total Retained Equity	532 000	318 000	205 000	136 000
Total Equity	632 000	418 000	305 000	236 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	111 000	114 000	97 000	109 000
Total Equity and Debt	744 000	531 000	402 000	345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	376 000	456 000	461 000	517 000
Other Income	0	0	0	0
Revenue	376 000	456 000	461 000	517 000
Cost of Goods Sold	0	0	10 000	156 000
Salary Costs	84 000	282 000	326 000	286 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	101 000	312 000	372 000	457 000
Operating Profit	275 000	144 000	88 000	61 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	215 000	113 000	69 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	51 000	51 000	51 000	51 000
Total Fixed Assets	51 000	51 000	51 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	157 000	28 000	24 000
Total Current Assets	693 000	480 000	351 000	294 000
Total Assets	744 000	531 000	402 000	345 000
Total Equity	632 000	418 000	305 000	236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	24 000	49 000	51 000	56 000
Dividends	0	0	0	0
Other Current Debt	27 000	32 000	27 000	27 000
Total Current Debt	111 000	114 000	97 000	109 000
Total Equity and Debt	744 000	531 000	402 000	345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,02 %	27,03 %	22,62 %	19,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,14 %	31,58 %	19,09 %	11,8 %
Current Ratio	6,24	4,21	3,62	2,7
Quick Ratio	6,24	4,21	3,62	2,7
Equity Ratio	0,85	0,79	0,76	0,68
Gross Profit Margin	100 %	100 %	97,83 %	69,83 %