RIGMEC AS

4313 SANDNES

Finances

Return on Equity

−26,01 %

Current Ratio

7,21

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 282 000	6 147 000	4 930 000	6 311 000
Net Income	−793 000	111 000	−25 000	326 000
Total Assets	5 020 000	6 371 000	5 580 000	7 122 000
Total Equity	3 049 000	3 942 000	3 831 000	3 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 282 000	6 147 000	4 930 000	6 311 000
Expenditure	6 707 000	5 214 000	5 321 000	6 099 000
Operating Profit	−425 000	933 000	−390 000	212 000
Financial Income	334 000	71 000	417 000	171 000
Financial Costs	808 000	861 000	52 000	57 000
Financial Balance	−474 000	−790 000	365 000	114 000
Earnings Before Tax	−900 000	143 000	−25 000	326 000
Tax	−107 000	32 000	0	0
Net Income	−793 000	111 000	−25 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	677 000	354 000	502 000	679 000
Total Current Assets	4 343 000	6 017 000	5 078 000	6 443 000
Total Assets	5 020 000	6 371 000	5 580 000	7 122 000
Total Retained Equity	3 019 000	3 912 000	3 801 000	3 826 000
Total Equity	3 049 000	3 942 000	3 831 000	3 856 000
Total Long-Term Debt	1 369 000	1 267 000	1 338 000	1 406 000
Total Current Debt	602 000	1 162 000	411 000	1 860 000
Total Equity and Debt	5 020 000	6 371 000	5 580 000	7 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 242 000	6 147 000	4 930 000	6 311 000
Other Income	40 000	0	0	0
Revenue	6 282 000	6 147 000	4 930 000	6 311 000
Cost of Goods Sold	4 956 000	3 242 000	2 599 000	2 993 000
Salary Costs	1 170 000	1 390 000	2 171 000	2 425 000
Depreciation	105 000	148 000	178 000	183 000
Impairment	0	0	0	0
Expenditure	6 707 000	5 214 000	5 321 000	6 099 000
Operating Profit	−425 000	933 000	−390 000	212 000
Financial Income	334 000	71 000	417 000	171 000
Financial Costs	808 000	861 000	52 000	57 000
Financial Balance	−474 000	−790 000	365 000	114 000
Dividends	100 000	0	0	0
Net Income	−793 000	111 000	−25 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	569 000	340 000	485 000	658 000
Total Tangible Assets	580 000	354 000	502 000	679 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	677 000	354 000	502 000	679 000
Stock	1 925 000	1 915 000	1 884 000	1 692 000
Total Investments	695 000	1 473 000	2 537 000	0
Cash, Bank	1 481 000	765 000	158 000	2 708 000
Total Current Assets	4 343 000	6 017 000	5 078 000	6 443 000
Total Assets	5 020 000	6 371 000	5 580 000	7 122 000
Total Equity	3 049 000	3 942 000	3 831 000	3 856 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 369 000	1 267 000	1 338 000	1 406 000
Creditors	370 000	779 000	132 000	720 000
Unpaid Taxes	65 000	233 000	81 000	654 000
Dividends	100 000	0	0	0
Other Current Debt	67 000	128 000	198 000	485 000
Total Current Debt	602 000	1 162 000	411 000	1 860 000
Total Equity and Debt	5 020 000	6 371 000	5 580 000	7 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,01 %	2,82 %	−0,65 %	8,45 %
Debt-to-Equity Ratio	0,45	0,32	0,35	0,36
Operating Profit Margin	−6,77 %	15,18 %	−7,91 %	3,36 %
Current Ratio	7,21	5,18	12,36	3,46
Quick Ratio	−3,28	−7,99	−3,45	38,35
Equity Ratio	0,61	0,62	0,69	0,54
Gross Profit Margin	21,11 %	47,26 %	47,28 %	52,57 %