RICO SYSTEM AS

5536 HAUGESUND

Finances

Share Ownership

Return on Equity

3,45 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 185 000	32 052 000	27 535 000	26 926 000
Net Income	178 000	−149 000	−1 677 000	−1 698 000
Total Assets	10 492 000	10 730 000	13 374 000	9 938 000
Total Equity	5 159 000	4 981 000	5 129 000	5 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 185 000	32 052 000	27 535 000	26 926 000
Expenditure	27 218 000	31 043 000	30 021 000	29 096 000
Operating Profit	−33 000	1 009 000	−2 487 000	−2 169 000
Financial Income	22 000	25 000	30 000	21 000
Financial Costs	62 000	1 316 000	102 000	31 000
Financial Balance	−40 000	−1 291 000	−72 000	−10 000
Earnings Before Tax	−73 000	−282 000	−2 559 000	−2 178 000
Tax	−251 000	−133 000	−882 000	−480 000
Net Income	178 000	−149 000	−1 677 000	−1 698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 471 000	3 630 000	5 612 000	3 821 000
Total Current Assets	7 021 000	7 101 000	7 762 000	6 117 000
Total Assets	10 492 000	10 730 000	13 374 000	9 938 000
Total Retained Equity	876 000	698 000	847 000	2 412 000
Total Equity	5 159 000	4 981 000	5 129 000	5 512 000
Total Long-Term Debt	371 000	0	500 000	0
Total Current Debt	4 962 000	5 749 000	7 745 000	4 426 000
Total Equity and Debt	10 492 000	10 730 000	13 374 000	9 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 362 000	31 359 000	24 985 000	26 762 000
Other Income	822 000	694 000	2 550 000	163 000
Revenue	27 185 000	32 052 000	27 535 000	26 926 000
Cost of Goods Sold	15 050 000	13 002 000	11 785 000	7 058 000
Salary Costs	5 130 000	10 783 000	10 737 000	14 378 000
Depreciation	270 000	542 000	440 000	337 000
Impairment	0	0	0	0
Expenditure	27 218 000	31 043 000	30 021 000	29 096 000
Operating Profit	−33 000	1 009 000	−2 487 000	−2 169 000
Financial Income	22 000	25 000	30 000	21 000
Financial Costs	62 000	1 316 000	102 000	31 000
Financial Balance	−40 000	−1 291 000	−72 000	−10 000
Dividends	0	0	0	0
Net Income	178 000	−149 000	−1 677 000	−1 698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 827 000	2 577 000	2 544 000	1 332 000
Real Eastate	0	91 000	127 000	164 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	443 000	762 000	1 459 000	872 000
Total Tangible Assets	443 000	853 000	1 586 000	1 036 000
Total Fiancial Fixed Assets	200 000	200 000	1 483 000	1 453 000
Total Fixed Assets	3 471 000	3 630 000	5 612 000	3 821 000
Stock	1 296 000	1 331 000	777 000	2 980 000
Total Investments	0	0	0	0
Cash, Bank	190 000	313 000	367 000	891 000
Total Current Assets	7 021 000	7 101 000	7 762 000	6 117 000
Total Assets	10 492 000	10 730 000	13 374 000	9 938 000
Total Equity	5 159 000	4 981 000	5 129 000	5 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	371 000	0	500 000	0
Creditors	2 781 000	2 525 000	4 799 000	1 428 000
Unpaid Taxes	566 000	1 007 000	1 170 000	1 404 000
Dividends	0	0	0	0
Other Current Debt	815 000	1 541 000	1 092 000	1 402 000
Total Current Debt	4 962 000	5 749 000	7 745 000	4 426 000
Total Equity and Debt	10 492 000	10 730 000	13 374 000	9 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,45 %	−2,99 %	−32,7 %	−30,81 %
Debt-to-Equity Ratio	0,07	0	0,1	0
Operating Profit Margin	−0,12 %	3,15 %	−9,03 %	−8,06 %
Current Ratio	1,41	1,24	1	1,38
Quick Ratio	1,92	1,61	1,11	4,23
Equity Ratio	0,49	0,46	0,38	0,55
Gross Profit Margin	44,64 %	59,43 %	57,2 %	73,79 %