RIISE ELEKTRO ANS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

154,1 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 959 000	13 043 000	12 218 000	12 303 000
Net Income	2 330 000	2 828 000	808 000	820 000
Total Assets	2 991 000	2 810 000	1 239 000	1 062 000
Total Equity	1 512 000	1 424 000	−491 000	−639 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 959 000	13 043 000	12 218 000	12 303 000
Expenditure	10 629 000	10 201 000	11 388 000	11 453 000
Operating Profit	2 330 000	2 840 000	830 000	849 000
Financial Income	0	0	0	0
Financial Costs	1 000	13 000	22 000	30 000
Financial Balance	−1 000	−13 000	−22 000	−30 000
Earnings Before Tax	2 330 000	2 828 000	808 000	820 000
Tax	0	0	0	0
Net Income	2 330 000	2 828 000	808 000	820 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	49 000	80 000	6 000
Total Current Assets	2 991 000	2 761 000	1 159 000	1 056 000
Total Assets	2 991 000	2 810 000	1 239 000	1 062 000
Total Retained Equity	1 512 000	1 424 000	−491 000	−639 000
Total Equity	1 512 000	1 424 000	−491 000	−639 000
Total Long-Term Debt	0	0	109 000	182 000
Total Current Debt	1 479 000	1 386 000	1 620 000	1 519 000
Total Equity and Debt	2 991 000	2 810 000	1 239 000	1 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 959 000	13 043 000	12 218 000	12 303 000
Other Income	0	0	0	0
Revenue	12 959 000	13 043 000	12 218 000	12 303 000
Cost of Goods Sold	4 161 000	4 013 000	4 169 000	4 231 000
Salary Costs	5 242 000	5 054 000	6 008 000	5 698 000
Depreciation	9 000	11 000	2 000	0
Impairment	0	0	0	0
Expenditure	10 629 000	10 201 000	11 388 000	11 453 000
Operating Profit	2 330 000	2 840 000	830 000	849 000
Financial Income	0	0	0	0
Financial Costs	1 000	13 000	22 000	30 000
Financial Balance	−1 000	−13 000	−22 000	−30 000
Dividends	0	0	0	0
Net Income	2 330 000	2 828 000	808 000	820 000

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	9 000	20 000	0
Total Tangible Assets	0	9 000	20 000	0
Total Fiancial Fixed Assets	0	40 000	60 000	6 000
Total Fixed Assets	0	49 000	80 000	6 000
Stock	14 000	36 000	14 000	19 000
Total Investments	0	0	0	0
Cash, Bank	2 144 000	1 861 000	211 000	184 000
Total Current Assets	2 991 000	2 761 000	1 159 000	1 056 000
Total Assets	2 991 000	2 810 000	1 239 000	1 062 000
Total Equity	1 512 000	1 424 000	−491 000	−639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	109 000	182 000
Creditors	533 000	467 000	525 000	509 000
Unpaid Taxes	692 000	671 000	623 000	563 000
Dividends	0	0	0	0
Other Current Debt	254 000	248 000	178 000	210 000
Total Current Debt	1 479 000	1 386 000	1 620 000	1 519 000
Total Equity and Debt	2 991 000	2 810 000	1 239 000	1 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	154,1 %	198,6 %	−164,56 %	−128,33 %
Debt-to-Equity Ratio	0	0	−0,22	−0,28
Operating Profit Margin	17,98 %	21,77 %	6,79 %	6,9 %
Current Ratio	2,02	1,99	0,72	0,7
Quick Ratio	2,04	2,05	0,72	0,7
Equity Ratio	0,51	0,51	−0,4	−0,6
Gross Profit Margin	67,89 %	69,23 %	65,88 %	65,61 %