Abstract: A refrigerator includes a freezer space, a cold space, a refrigerating system for producing cold air, and a first fan for circulating the cold air through the freezer space and cold space. The refrigerating system includes a condenser and a compressor. The compressor extends within a vertical air conduit at the back of the refrigerator and includes a loop-shaped upper end disposed at an upper air inlet of the conduit. The compressor is disposed adjacent an air outlet of the conduit situated at the lower rear end of the refrigerator. A second fan circulates ambient air through the loop-shaped end and through the conduit to cool the condenser and the compressor. The first and second fans are fixed to oppositely directed output shafts of a common motor.