RIVERSIDE AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

−6,22 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 003 000	2 290 000	1 942 000	1 534 000
Net Income	−28 000	305 000	169 000	150 000
Total Assets	1 051 000	1 208 000	419 000	147 000
Total Equity	450 000	479 000	173 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 003 000	2 290 000	1 942 000	1 534 000
Expenditure	2 023 000	1 898 000	1 723 000	1 350 000
Operating Profit	−28 000	393 000	220 000	183 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−29 000	393 000	220 000	183 000
Tax	−1 000	87 000	51 000	33 000
Net Income	−28 000	305 000	169 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	10 000	18 000
Total Current Assets	1 051 000	1 206 000	409 000	130 000
Total Assets	1 051 000	1 208 000	419 000	147 000
Total Retained Equity	350 000	379 000	73 000	−95 000
Total Equity	450 000	479 000	173 000	5 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	601 000	729 000	246 000	142 000
Total Equity and Debt	1 051 000	1 208 000	419 000	147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 003 000	2 290 000	1 942 000	1 534 000
Other Income	0	0	0	0
Revenue	2 003 000	2 290 000	1 942 000	1 534 000
Cost of Goods Sold	525 000	802 000	743 000	437 000
Salary Costs	1 159 000	861 000	730 000	600 000
Depreciation	3 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 023 000	1 898 000	1 723 000	1 350 000
Operating Profit	−28 000	393 000	220 000	183 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−28 000	305 000	169 000	150 000

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	3 000	10 000	18 000
Fixtures	0	0	0	0
Total Tangible Assets	0	3 000	10 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	10 000	18 000
Stock	23 000	27 000	29 000	29 000
Total Investments	0	0	0	0
Cash, Bank	270 000	409 000	180 000	100 000
Total Current Assets	1 051 000	1 206 000	409 000	130 000
Total Assets	1 051 000	1 208 000	419 000	147 000
Total Equity	450 000	479 000	173 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	4 000	25 000	32 000	2 000
Unpaid Taxes	159 000	178 000	147 000	85 000
Dividends	0	0	0	0
Other Current Debt	439 000	439 000	16 000	22 000
Total Current Debt	601 000	729 000	246 000	142 000
Total Equity and Debt	1 051 000	1 208 000	419 000	147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,22 %	63,67 %	97,69 %	3 000 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,4 %	17,16 %	11,33 %	11,93 %
Current Ratio	1,75	1,65	1,66	0,92
Quick Ratio	1,82	1,72	1,88	1,15
Equity Ratio	0,43	0,4	0,41	0,03
Gross Profit Margin	73,79 %	64,98 %	61,74 %	71,51 %