RIIS ELEKTRO AS

1771 HALDEN

Finances

Share Ownership

Return on Equity

54,87 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 417 000	39 183 000	38 817 000	33 105 000
Net Income	3 040 000	3 070 000	3 247 000	1 651 000
Total Assets	15 869 000	19 810 000	21 694 000	17 164 000
Total Equity	5 540 000	7 070 000	11 261 000	10 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 417 000	39 183 000	38 817 000	33 105 000
Expenditure	39 473 000	35 255 000	34 662 000	31 013 000
Operating Profit	3 943 000	3 928 000	4 155 000	2 092 000
Financial Income	2 000	9 000	9 000	26 000
Financial Costs	46 000	1 000	2 000	0
Financial Balance	−44 000	8 000	7 000	26 000
Earnings Before Tax	3 898 000	3 936 000	4 162 000	2 118 000
Tax	859 000	866 000	915 000	466 000
Net Income	3 040 000	3 070 000	3 247 000	1 651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	504 000	448 000	758 000	1 065 000
Total Current Assets	15 365 000	19 362 000	20 936 000	16 099 000
Total Assets	15 869 000	19 810 000	21 694 000	17 164 000
Total Retained Equity	5 340 000	6 870 000	11 061 000	10 053 000
Total Equity	5 540 000	7 070 000	11 261 000	10 253 000
Total Long-Term Debt	10 000	24 000	0	0
Total Current Debt	10 319 000	12 715 000	10 433 000	6 911 000
Total Equity and Debt	15 869 000	19 810 000	21 694 000	17 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 373 000	38 879 000	38 789 000	32 985 000
Other Income	44 000	304 000	28 000	120 000
Revenue	43 417 000	39 183 000	38 817 000	33 105 000
Cost of Goods Sold	18 143 000	16 136 000	15 368 000	12 653 000
Salary Costs	16 473 000	15 012 000	15 211 000	14 050 000
Depreciation	141 000	180 000	335 000	339 000
Impairment	0	0	0	0
Expenditure	39 473 000	35 255 000	34 662 000	31 013 000
Operating Profit	3 943 000	3 928 000	4 155 000	2 092 000
Financial Income	2 000	9 000	9 000	26 000
Financial Costs	46 000	1 000	2 000	0
Financial Balance	−44 000	8 000	7 000	26 000
Dividends	4 570 000	7 261 000	2 239 000	1 088 000
Net Income	3 040 000	3 070 000	3 247 000	1 651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	22 000	33 000
Real Eastate	0	29 000	68 000	106 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	171 000	403 000	663 000
Total Tangible Assets	252 000	200 000	471 000	770 000
Total Fiancial Fixed Assets	252 000	248 000	265 000	262 000
Total Fixed Assets	504 000	448 000	758 000	1 065 000
Stock	3 018 000	1 971 000	2 197 000	1 368 000
Total Investments	0	0	0	0
Cash, Bank	4 128 000	11 313 000	13 732 000	8 891 000
Total Current Assets	15 365 000	19 362 000	20 936 000	16 099 000
Total Assets	15 869 000	19 810 000	21 694 000	17 164 000
Total Equity	5 540 000	7 070 000	11 261 000	10 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	24 000	0	0
Creditors	3 071 000	2 239 000	2 430 000	2 047 000
Unpaid Taxes	3 013 000	3 395 000	2 808 000	2 572 000
Dividends	4 570 000	7 261 000	2 239 000	1 088 000
Other Current Debt	1 863 000	1 925 000	2 052 000	1 825 000
Total Current Debt	10 319 000	12 715 000	10 433 000	6 911 000
Total Equity and Debt	15 869 000	19 810 000	21 694 000	17 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,87 %	43,42 %	28,83 %	16,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,08 %	10,02 %	10,7 %	6,32 %
Current Ratio	1,49	1,52	2,01	2,33
Quick Ratio	2,1	1,8	2,54	2,9
Equity Ratio	0,35	0,36	0,52	0,6
Gross Profit Margin	58,21 %	58,82 %	60,41 %	61,78 %