RIBES ELEKTRO AS

4770 HØVÅG

Finances

Return on Equity

2,51 %

Current Ratio

2,46

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 371 000	7 204 000	7 022 000	7 382 000
Net Income	62 000	729 000	540 000	446 000
Total Assets	3 827 000	3 751 000	3 890 000	3 213 000
Total Equity	2 472 000	2 660 000	2 132 000	1 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 371 000	7 204 000	7 022 000	7 382 000
Expenditure	5 290 000	6 267 000	6 360 000	6 812 000
Operating Profit	80 000	936 000	663 000	571 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	2 000	3 000
Financial Balance	0	−2 000	−1 000	−2 000
Earnings Before Tax	80 000	934 000	662 000	570 000
Tax	18 000	206 000	122 000	123 000
Net Income	62 000	729 000	540 000	446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	569 000	596 000	471 000	14 000
Total Current Assets	3 258 000	3 155 000	3 419 000	3 199 000
Total Assets	3 827 000	3 751 000	3 890 000	3 213 000
Total Retained Equity	2 372 000	2 560 000	2 032 000	1 792 000
Total Equity	2 472 000	2 660 000	2 132 000	1 892 000
Total Long-Term Debt	30 000	18 000	1 000	0
Total Current Debt	1 325 000	1 073 000	1 757 000	1 322 000
Total Equity and Debt	3 827 000	3 751 000	3 890 000	3 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 557 000	7 118 000	6 967 000	7 426 000
Other Income	−186 000	86 000	55 000	−44 000
Revenue	5 371 000	7 204 000	7 022 000	7 382 000
Cost of Goods Sold	2 012 000	2 796 000	2 339 000	2 795 000
Salary Costs	2 420 000	2 698 000	3 299 000	3 347 000
Depreciation	104 000	71 000	26 000	22 000
Impairment	0	0	0	0
Expenditure	5 290 000	6 267 000	6 360 000	6 812 000
Operating Profit	80 000	936 000	663 000	571 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	2 000	3 000
Financial Balance	0	−2 000	−1 000	−2 000
Dividends	250 000	0	300 000	200 000
Net Income	62 000	729 000	540 000	446 000

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	569 000	596 000	471 000	14 000
Total Tangible Assets	569 000	596 000	471 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	569 000	596 000	471 000	14 000
Stock	805 000	1 007 000	899 000	767 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	1 584 000	1 313 000	1 415 000	1 403 000
Total Current Assets	3 258 000	3 155 000	3 419 000	3 199 000
Total Assets	3 827 000	3 751 000	3 890 000	3 213 000
Total Equity	2 472 000	2 660 000	2 132 000	1 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	18 000	1 000	0
Creditors	501 000	213 000	391 000	168 000
Unpaid Taxes	497 000	376 000	526 000	506 000
Dividends	250 000	0	300 000	200 000
Other Current Debt	321 000	295 000	419 000	324 000
Total Current Debt	1 325 000	1 073 000	1 757 000	1 322 000
Total Equity and Debt	3 827 000	3 751 000	3 890 000	3 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,51 %	27,41 %	25,33 %	23,57 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	1,49 %	12,99 %	9,44 %	7,74 %
Current Ratio	2,46	2,94	1,95	2,42
Quick Ratio	6,27	47,8	3,98	5,76
Equity Ratio	0,65	0,71	0,55	0,59
Gross Profit Margin	62,54 %	61,19 %	66,69 %	62,14 %