Ritro Da

DADissolved

Org 985092826Emil Schanches Gate 7, 7160 BjugnUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 2002 · 24 years old0 employees

Overview

Ritro Da is a Norwegian DA based in Bjugn, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 2002, the company has 0 employees and reported revenue of NOK 45.8m in its latest annual filing.

Revenue 2021

45.8M NOK

+29% vs 2020

EBITDA margin

5.6 %

−59% vs 2020

Net profit 2021

1.2M NOK

-75% vs 2020

Key ratios

See full ratios →

4.7 %

Weak

Among the 30% lowest rated companies in the industry

20152021

1.2×

Average

Around the average of companies in the same industry

20152021

3.1 %

Strong

Among the 40% highest rated companies in the industry

20152021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	45.8M NOK	+29%
EBITDA	2.6M NOK	-59%
Net profit	1.2M NOK	-75%
Total assets	39M NOK	+29%
Equity	1.8M NOK	+194%
Employees	0	—

Financial development

In its most recent annual report (2021), Ritro Da reported revenue of NOK 45.8m, an increase of 29% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2021. The bottom line showed a net profit of NOK 1.2m, and the EBITDA margin stood at 5.6%.

At the end of 2021, equity financed 4.7% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018	2015
Revenue	45,799	35,466	26,926	8,243	6,623
Staff expenses	-8,179	-4,876	-3,787	-2,104	-1,189
EBITDA	2,586	6,383	3,243	1,979	-1,593
Depreciation & amort.	-500	-456	-355	-363	-0
EBIT	2,086	5,927	2,888	1,616	-1,593
Net financials	-865	-976	-1,060	-1,029	-784
Profit before tax	1,221	4,951	1,828	587	-2,377
Tax	-0	-0	-0	-0	-0
Net profit	1,221	4,951	1,828	587	-2,377

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2015
Total assets	39,027	30,183	26,589	20,226	9,648
Equity	1,849	628	-4,322	-6,151	-5,049
Long-term debt	19,730	21,606	22,337	21,528	13,925
Short-term debt	17,448	7,949	8,574	4,848	772
Total debt	37,178	29,555	30,911	26,376	14,697

Financial ratios

5-year trend

EBITDA margin

5.6 %

20152021

Equity ratio

4.7 %

Weak

Among the 30% lowest rated companies in the industry

20152021

Return on equity

66.0 %

Very strong

Among the 10% highest rated companies in the industry

20152021

Net profit margin

2.7 %

Weak

Among the 40% lowest rated companies in the industry

20152021

Asset turnover

1.17×

Very strong

Among the 10% highest rated companies in the industry

20152021

Debt / equity

20.11×

Very weak

Among the 10% lowest rated companies in the industry

20152021

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 10% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Equity to contributed capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
TL Trond Leikvang Contact Person	Contact Person	2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Richard Leikvang	Individual	0%	0%	2002
Trond Leikvang	Individual	0%	0%	2002

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Ritro Da also hold positions in 17 other companies.

Person	Role here	Other companies
Trond Leikvang	Contact Person	17 companiesMany roles

Frequently asked questions

What is the Org number of Ritro Da?

Ritro Da is registered with Brønnøysundsregistrene under Org 985092826.

What is the revenue of Ritro Da?

Ritro Da reported revenue of NOK 45.8m in 2021.

Where is Ritro Da headquartered?

Ritro Da's registered address is Emil Schanches Gate 7.