RYCON AS

4103 JØRPELAND

Finances

Share Ownership

Return on Equity

75,92 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 299 000	5 990 000	4 230 000	3 991 000
Net Income	848 000	743 000	488 000	251 000
Total Assets	3 292 000	3 385 000	2 278 000	2 393 000
Total Equity	1 117 000	1 069 000	1 326 000	1 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 299 000	5 990 000	4 230 000	3 991 000
Expenditure	6 210 000	5 036 000	3 605 000	3 671 000
Operating Profit	1 088 000	954 000	625 000	320 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	1 000	2 000
Earnings Before Tax	1 087 000	953 000	626 000	322 000
Tax	239 000	210 000	138 000	71 000
Net Income	848 000	743 000	488 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	494 000	652 000	400 000	497 000
Total Current Assets	2 798 000	2 733 000	1 878 000	1 897 000
Total Assets	3 292 000	3 385 000	2 278 000	2 393 000
Total Retained Equity	867 000	819 000	1 076 000	1 186 000
Total Equity	1 117 000	1 069 000	1 326 000	1 625 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 176 000	2 316 000	952 000	769 000
Total Equity and Debt	3 292 000	3 385 000	2 278 000	2 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 299 000	5 990 000	4 230 000	3 991 000
Other Income	0	0	0	0
Revenue	7 299 000	5 990 000	4 230 000	3 991 000
Cost of Goods Sold	133 000	76 000	16 000	21 000
Salary Costs	4 764 000	3 902 000	2 747 000	2 683 000
Depreciation	201 000	159 000	139 000	130 000
Impairment	0	0	0	0
Expenditure	6 210 000	5 036 000	3 605 000	3 671 000
Operating Profit	1 088 000	954 000	625 000	320 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	1 000	2 000
Dividends	800 000	0	0	0
Net Income	848 000	743 000	488 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	19 000	29 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	79 000	148 000	231 000	314 000
Fixtures	388 000	485 000	141 000	155 000
Total Tangible Assets	468 000	633 000	372 000	469 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	494 000	652 000	400 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 766 000	1 821 000	858 000	773 000
Total Current Assets	2 798 000	2 733 000	1 878 000	1 897 000
Total Assets	3 292 000	3 385 000	2 278 000	2 393 000
Total Equity	1 117 000	1 069 000	1 326 000	1 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	61 000	29 000	25 000
Unpaid Taxes	545 000	638 000	492 000	388 000
Dividends	800 000	0	0	0
Other Current Debt	515 000	417 000	292 000	292 000
Total Current Debt	2 176 000	2 316 000	952 000	769 000
Total Equity and Debt	3 292 000	3 385 000	2 278 000	2 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,92 %	69,5 %	36,8 %	15,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,91 %	15,93 %	14,78 %	8,02 %
Current Ratio	1,29	1,18	1,97	2,47
Quick Ratio	1,29	1,18	1,97	2,47
Equity Ratio	0,34	0,32	0,58	0,68
Gross Profit Margin	98,18 %	98,73 %	99,62 %	99,47 %