RIGNET AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−24,41 %

Current Ratio

0,6

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2020	2019
Revenue	56 498 000	63 597 000	59 074 000	62 044 000
Net Income	−148 748 000	−17 068 000	12 985 000	8 475 000
Total Assets	655 938 000	804 109 000	814 111 000	772 071 000
Total Equity	609 284 000	758 032 000	775 100 000	762 114 000

Income (NOK)	2023	2022	2020	2019
Revenue	56 498 000	63 597 000	59 074 000	62 044 000
Expenditure	64 635 000	66 766 000	52 461 000	60 180 000
Operating Profit	−8 137 000	−3 169 000	6 612 000	1 864 000
Financial Income	2 941 000	−208 000	15 127 000	6 562 000
Financial Costs	143 551 000	−517 000	8 754 000	−49 000
Financial Balance	−140 610 000	309 000	6 373 000	6 611 000
Earnings Before Tax	−148 748 000	−2 860 000	12 985 000	8 475 000
Tax	0	14 208 000	0	0
Net Income	−148 748 000	−17 068 000	12 985 000	8 475 000

Balance (NOK)	2023	2022	2020	2019
Total Fixed Assets	628 160 000	771 556 000	785 934 000	740 723 000
Total Current Assets	27 778 000	32 553 000	28 177 000	31 349 000
Total Assets	655 938 000	804 109 000	814 111 000	772 071 000
Total Retained Equity	−510 882 000	−362 134 000	−345 066 000	−358 051 000
Total Equity	609 284 000	758 032 000	775 100 000	762 114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	46 654 000	46 077 000	39 012 000	9 957 000
Total Equity and Debt	655 938 000	804 109 000	814 111 000	772 071 000

Cash flow (NOK)	2023	2022	2020	2019
Sales Income	56 498 000	63 597 000	59 074 000	62 044 000
Other Income	0	0	0	0
Revenue	56 498 000	63 597 000	59 074 000	62 044 000
Cost of Goods Sold	35 715 000	34 802 000	24 244 000	25 129 000
Salary Costs	12 336 000	13 592 000	10 909 000	12 367 000
Depreciation	1 041 000	2 089 000	3 828 000	7 243 000
Impairment	0	0	0	0
Expenditure	64 635 000	66 766 000	52 461 000	60 180 000
Operating Profit	−8 137 000	−3 169 000	6 612 000	1 864 000
Financial Income	2 941 000	−208 000	15 127 000	6 562 000
Financial Costs	143 551 000	−517 000	8 754 000	−49 000
Financial Balance	−140 610 000	309 000	6 373 000	6 611 000
Dividends	0	0	0	0
Net Income	−148 748 000	−17 068 000	12 985 000	8 475 000

Balance details (NOK)	2023	2022	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 208 000	14 208 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 603 000	2 457 000	2 592 000	5 115 000
Total Tangible Assets	2 603 000	2 457 000	2 592 000	5 115 000
Total Fiancial Fixed Assets	625 557 000	769 099 000	769 134 000	721 399 000
Total Fixed Assets	628 160 000	771 556 000	785 934 000	740 723 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 995 000	11 405 000	11 723 000	13 056 000
Total Current Assets	27 778 000	32 553 000	28 177 000	31 349 000
Total Assets	655 938 000	804 109 000	814 111 000	772 071 000
Total Equity	609 284 000	758 032 000	775 100 000	762 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 081 000	2 862 000	1 561 000	2 440 000
Unpaid Taxes	291 000	613 000	773 000	1 254 000
Dividends	0	0	0	0
Other Current Debt	43 282 000	42 602 000	36 678 000	6 263 000
Total Current Debt	46 654 000	46 077 000	39 012 000	9 957 000
Total Equity and Debt	655 938 000	804 109 000	814 111 000	772 071 000

Financial indicators	2023	2022	2020	2019
Return on Equity	−24,41 %	−2,25 %	1,68 %	1,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,4 %	−4,98 %	11,19 %	3 %
Current Ratio	0,6	0,71	0,72	3,15
Quick Ratio	0,6	0,71	0,72	3,15
Equity Ratio	0,93	0,94	0,95	0,99
Gross Profit Margin	36,79 %	45,28 %	58,96 %	59,5 %