RICO EIENDOMSUTVIKLING AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

−75,41 %

Current Ratio

0,8

Debt-to-Equity Ratio

35,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	36 000	80 000	40 000
Net Income	−46 000	−102 000	−57 000	−104 000
Total Assets	2 443 000	2 442 000	2 490 000	2 483 000
Total Equity	61 000	61 000	61 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	36 000	80 000	40 000
Expenditure	81 000	76 000	64 000	69 000
Operating Profit	35 000	−41 000	16 000	−30 000
Financial Income	0	0	0	0
Financial Costs	81 000	61 000	73 000	75 000
Financial Balance	−81 000	−61 000	−73 000	−75 000
Earnings Before Tax	−46 000	−102 000	−57 000	−104 000
Tax	0	0	0	0
Net Income	−46 000	−102 000	−57 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 267 000	2 311 000	2 395 000	2 439 000
Total Current Assets	177 000	131 000	95 000	44 000
Total Assets	2 443 000	2 442 000	2 490 000	2 483 000
Total Retained Equity	−39 000	−39 000	−39 000	−61 000
Total Equity	61 000	61 000	61 000	39 000
Total Long-Term Debt	2 161 000	2 231 000	2 410 000	2 425 000
Total Current Debt	222 000	150 000	20 000	20 000
Total Equity and Debt	2 443 000	2 442 000	2 490 000	2 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	116 000	36 000	80 000	40 000
Revenue	116 000	36 000	80 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	81 000	76 000	64 000	69 000
Operating Profit	35 000	−41 000	16 000	−30 000
Financial Income	0	0	0	0
Financial Costs	81 000	61 000	73 000	75 000
Financial Balance	−81 000	−61 000	−73 000	−75 000
Dividends	0	0	0	0
Net Income	−46 000	−102 000	−57 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 267 000	2 311 000	2 355 000	2 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 267 000	2 311 000	2 355 000	2 400 000
Total Fiancial Fixed Assets	0	0	40 000	40 000
Total Fixed Assets	2 267 000	2 311 000	2 395 000	2 439 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	29 000	16 000	44 000
Total Current Assets	177 000	131 000	95 000	44 000
Total Assets	2 443 000	2 442 000	2 490 000	2 483 000
Total Equity	61 000	61 000	61 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 161 000	2 231 000	2 410 000	2 425 000
Creditors	10 000	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	212 000	147 000	20 000	20 000
Total Current Debt	222 000	150 000	20 000	20 000
Total Equity and Debt	2 443 000	2 442 000	2 490 000	2 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,41 %	−167,21 %	−93,44 %	−266,67 %
Debt-to-Equity Ratio	35,43	36,57	39,51	62,18
Operating Profit Margin	30,17 %	−113,89 %	20 %	−75 %
Current Ratio	0,8	0,87	4,75	2,2
Quick Ratio	0,8	0,87	4,75	2,2
Equity Ratio	0,02	0,02	0,02	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %