RIGAS AS

4365 NÆRBØ

Finances

Share Ownership

Return on Equity

1,58 %

Current Ratio

0,32

Debt-to-Equity Ratio

−0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	686 000	581 000	95 000	764 000
Net Income	−7 000	−74 000	−127 000	−38 000
Total Assets	842 000	665 000	680 000	52 000
Total Equity	−442 000	−435 000	−361 000	−234 000

Income (NOK)	2022	2021	2020	2019
Revenue	686 000	581 000	95 000	764 000
Expenditure	674 000	638 000	220 000	795 000
Operating Profit	12 000	−57 000	−124 000	−31 000
Financial Income	0	0	0	0
Financial Costs	19 000	17 000	3 000	7 000
Financial Balance	−19 000	−17 000	−3 000	−7 000
Earnings Before Tax	−7 000	−74 000	−127 000	−38 000
Tax	0	0	0	0
Net Income	−7 000	−74 000	−127 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	448 000	447 000	17 000
Total Current Assets	319 000	216 000	233 000	35 000
Total Assets	842 000	665 000	680 000	52 000
Total Retained Equity	−552 000	−545 000	−471 000	−344 000
Total Equity	−442 000	−435 000	−361 000	−234 000
Total Long-Term Debt	273 000	342 000	290 000	70 000
Total Current Debt	1 011 000	757 000	751 000	215 000
Total Equity and Debt	842 000	665 000	680 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	686 000	581 000	95 000	764 000
Other Income	0	0	0	0
Revenue	686 000	581 000	95 000	764 000
Cost of Goods Sold	499 000	377 000	13 000	642 000
Salary Costs	0	1 000	0	5 000
Depreciation	52 000	49 000	8 000	0
Impairment	0	0	0	0
Expenditure	674 000	638 000	220 000	795 000
Operating Profit	12 000	−57 000	−124 000	−31 000
Financial Income	0	0	0	0
Financial Costs	19 000	17 000	3 000	7 000
Financial Balance	−19 000	−17 000	−3 000	−7 000
Dividends	0	0	0	0
Net Income	−7 000	−74 000	−127 000	−38 000

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	523 000	448 000	447 000	0
Total Tangible Assets	523 000	448 000	447 000	0
Total Fiancial Fixed Assets	0	0	0	17 000
Total Fixed Assets	523 000	448 000	447 000	17 000
Stock	218 000	153 000	83 000	0
Total Investments	0	0	0	0
Cash, Bank	48 000	33 000	5 000	8 000
Total Current Assets	319 000	216 000	233 000	35 000
Total Assets	842 000	665 000	680 000	52 000
Total Equity	−442 000	−435 000	−361 000	−234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	273 000	342 000	290 000	70 000
Creditors	316 000	144 000	372 000	137 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	645 000	614 000	378 000	75 000
Total Current Debt	1 011 000	757 000	751 000	215 000
Total Equity and Debt	842 000	665 000	680 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,58 %	17,01 %	35,18 %	16,24 %
Debt-to-Equity Ratio	−0,62	−0,79	−0,8	−0,3
Operating Profit Margin	1,75 %	−9,81 %	−130,53 %	−4,06 %
Current Ratio	0,32	0,29	0,31	0,16
Quick Ratio	0,4	0,36	0,35	0,16
Equity Ratio	−0,52	−0,65	−0,53	−4,5
Gross Profit Margin	27,26 %	35,11 %	86,32 %	15,97 %