RINGVEIEN 5 AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

8,16 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 103 000	1 217 000	1 009 000	717 000
Net Income	324 000	430 000	−217 000	213 000
Total Assets	5 965 000	6 002 000	6 418 000	6 621 000
Total Equity	3 971 000	3 647 000	3 218 000	3 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 103 000	1 217 000	1 009 000	717 000
Expenditure	649 000	607 000	1 228 000	411 000
Operating Profit	455 000	611 000	−219 000	305 000
Financial Income	4 000	4 000	5 000	5 000
Financial Costs	43 000	64 000	64 000	38 000
Financial Balance	−39 000	−60 000	−59 000	−33 000
Earnings Before Tax	415 000	551 000	−278 000	273 000
Tax	91 000	121 000	−61 000	60 000
Net Income	324 000	430 000	−217 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 207 000	5 504 000	5 801 000	6 098 000
Total Current Assets	758 000	498 000	617 000	523 000
Total Assets	5 965 000	6 002 000	6 418 000	6 621 000
Total Retained Equity	3 941 000	3 617 000	3 188 000	3 404 000
Total Equity	3 971 000	3 647 000	3 218 000	3 434 000
Total Long-Term Debt	1 774 000	1 749 000	2 636 000	2 672 000
Total Current Debt	219 000	606 000	564 000	514 000
Total Equity and Debt	5 965 000	6 002 000	6 418 000	6 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	36 000	0	0
Other Income	1 103 000	1 182 000	1 009 000	717 000
Revenue	1 103 000	1 217 000	1 009 000	717 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	297 000	297 000	297 000	297 000
Impairment	0	0	0	0
Expenditure	649 000	607 000	1 228 000	411 000
Operating Profit	455 000	611 000	−219 000	305 000
Financial Income	4 000	4 000	5 000	5 000
Financial Costs	43 000	64 000	64 000	38 000
Financial Balance	−39 000	−60 000	−59 000	−33 000
Dividends	0	0	0	0
Net Income	324 000	430 000	−217 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 207 000	5 504 000	5 801 000	6 098 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 207 000	5 504 000	5 801 000	6 098 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 207 000	5 504 000	5 801 000	6 098 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	734 000	444 000	501 000	325 000
Total Current Assets	758 000	498 000	617 000	523 000
Total Assets	5 965 000	6 002 000	6 418 000	6 621 000
Total Equity	3 971 000	3 647 000	3 218 000	3 434 000
Short-Term Group Debt	0	430 000	430 000	430 000
Total Long-Term Debt	1 774 000	1 749 000	2 636 000	2 672 000
Creditors	5 000	5 000	5 000	5 000
Unpaid Taxes	42 000	−3 000	27 000	42 000
Dividends	0	0	0	0
Other Current Debt	43 000	64 000	102 000	38 000
Total Current Debt	219 000	606 000	564 000	514 000
Total Equity and Debt	5 965 000	6 002 000	6 418 000	6 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	11,79 %	−6,74 %	6,2 %
Debt-to-Equity Ratio	0,45	0,48	0,82	0,78
Operating Profit Margin	41,25 %	50,21 %	−21,7 %	42,54 %
Current Ratio	3,46	0,82	1,09	1,02
Quick Ratio	3,46	0,82	1,09	1,02
Equity Ratio	0,67	0,61	0,5	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %