RIFO AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

8,87 %

Current Ratio

6,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	752 000	481 000	412 000	410 000
Net Income	18 000	−6 000	−21 000	−109 000
Total Assets	236 000	221 000	268 000	270 000
Total Equity	203 000	184 000	190 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	752 000	481 000	412 000	410 000
Expenditure	737 000	488 000	442 000	525 000
Operating Profit	16 000	−7 000	−29 000	−115 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	5 000
Earnings Before Tax	18 000	−6 000	−26 000	−109 000
Tax	0	0	−5 000	0
Net Income	18 000	−6 000	−21 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	236 000	221 000	268 000	259 000
Total Assets	236 000	221 000	268 000	270 000
Total Retained Equity	103 000	84 000	90 000	110 000
Total Equity	203 000	184 000	190 000	210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	36 000	78 000	60 000
Total Equity and Debt	236 000	221 000	268 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	752 000	461 000	412 000	405 000
Other Income	0	20 000	0	5 000
Revenue	752 000	481 000	412 000	410 000
Cost of Goods Sold	667 000	419 000	360 000	444 000
Salary Costs	6 000	0	0	0
Depreciation	0	0	12 000	25 000
Impairment	0	0	0	0
Expenditure	737 000	488 000	442 000	525 000
Operating Profit	16 000	−7 000	−29 000	−115 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	5 000
Dividends	0	0	0	0
Net Income	18 000	−6 000	−21 000	−109 000

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	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	187 000	257 000	259 000
Total Current Assets	236 000	221 000	268 000	259 000
Total Assets	236 000	221 000	268 000	270 000
Total Equity	203 000	184 000	190 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	50 000	78 000	46 000
Unpaid Taxes	0	−13 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	10 000
Total Current Debt	34 000	36 000	78 000	60 000
Total Equity and Debt	236 000	221 000	268 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,87 %	−3,26 %	−11,05 %	−51,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,13 %	−1,46 %	−7,04 %	−28,05 %
Current Ratio	6,94	6,14	3,44	4,32
Quick Ratio	6,94	6,14	3,44	4,32
Equity Ratio	0,86	0,83	0,71	0,78
Gross Profit Margin	11,3 %	12,89 %	12,62 %	−8,29 %