RING BIL ARENDAL AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

80,5 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 424 000	911 000	757 000	503 000
Net Income	256 000	−15 000	57 000	−4 000
Total Assets	659 000	354 000	316 000	121 000
Total Equity	318 000	61 000	77 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 424 000	911 000	757 000	503 000
Expenditure	1 095 000	931 000	684 000	509 000
Operating Profit	328 000	−20 000	73 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	329 000	−20 000	73 000	−7 000
Tax	72 000	−4 000	16 000	−3 000
Net Income	256 000	−15 000	57 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	19 000	20 000	22 000
Total Current Assets	618 000	335 000	297 000	99 000
Total Assets	659 000	354 000	316 000	121 000
Total Retained Equity	293 000	37 000	53 000	−4 000
Total Equity	318 000	61 000	77 000	20 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	338 000	292 000	239 000	101 000
Total Equity and Debt	659 000	354 000	316 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 424 000	864 000	757 000	503 000
Other Income	0	46 000	0	0
Revenue	1 424 000	911 000	757 000	503 000
Cost of Goods Sold	709 000	568 000	400 000	389 000
Salary Costs	0	0	0	0
Depreciation	6 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 095 000	931 000	684 000	509 000
Operating Profit	328 000	−20 000	73 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	256 000	−15 000	57 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	15 000	0	0
Total Tangible Assets	41 000	15 000	0	0
Total Fiancial Fixed Assets	0	0	20 000	20 000
Total Fixed Assets	41 000	19 000	20 000	22 000
Stock	358 000	109 000	180 000	73 000
Total Investments	0	0	0	0
Cash, Bank	187 000	160 000	93 000	8 000
Total Current Assets	618 000	335 000	297 000	99 000
Total Assets	659 000	354 000	316 000	121 000
Total Equity	318 000	61 000	77 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	9 000	6 000	10 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	265 000	286 000	216 000	99 000
Total Current Debt	338 000	292 000	239 000	101 000
Total Equity and Debt	659 000	354 000	316 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,5 %	−24,59 %	74,03 %	−20 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	23,03 %	−2,2 %	9,64 %	−1,19 %
Current Ratio	1,83	1,15	1,24	0,98
Quick Ratio	−30,9	1,83	5,03	3,54
Equity Ratio	0,48	0,17	0,24	0,17
Gross Profit Margin	50,21 %	37,65 %	47,16 %	22,66 %