RING-EIENDOM AS

8800 SANDNESSJØEN

Finances

Return on Equity

2,41 %

Current Ratio

10,66

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	394 000	387 000	533 000
Net Income	100 000	185 000	58 000	80 000
Total Assets	4 314 000	4 218 000	4 061 000	4 057 000
Total Equity	4 152 000	4 052 000	3 867 000	3 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	394 000	387 000	533 000
Expenditure	404 000	357 000	312 000	430 000
Operating Profit	131 000	36 000	75 000	102 000
Financial Income	0	158 000	1 000	1 000
Financial Costs	2 000	1 000	2 000	1 000
Financial Balance	−2 000	157 000	−1 000	0
Earnings Before Tax	128 000	193 000	74 000	102 000
Tax	28 000	8 000	16 000	23 000
Net Income	100 000	185 000	58 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 356 000	3 283 000	3 483 000	2 252 000
Total Current Assets	959 000	935 000	579 000	1 805 000
Total Assets	4 314 000	4 218 000	4 061 000	4 057 000
Total Retained Equity	4 122 000	4 022 000	3 837 000	3 779 000
Total Equity	4 152 000	4 052 000	3 867 000	3 809 000
Total Long-Term Debt	73 000	88 000	110 000	138 000
Total Current Debt	90 000	78 000	85 000	110 000
Total Equity and Debt	4 314 000	4 218 000	4 061 000	4 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	0	0	0
Other Income	487 000	394 000	387 000	533 000
Revenue	535 000	394 000	387 000	533 000
Cost of Goods Sold	0	0	0	0
Salary Costs	162 000	36 000	24 000	234 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	404 000	357 000	312 000	430 000
Operating Profit	131 000	36 000	75 000	102 000
Financial Income	0	158 000	1 000	1 000
Financial Costs	2 000	1 000	2 000	1 000
Financial Balance	−2 000	157 000	−1 000	0
Dividends	0	0	0	0
Net Income	100 000	185 000	58 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 979 000	2 979 000	2 979 000	1 748 000
Machinery and Plant Facilities	73 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 052 000	2 979 000	2 979 000	1 748 000
Total Fiancial Fixed Assets	304 000	304 000	504 000	504 000
Total Fixed Assets	3 356 000	3 283 000	3 483 000	2 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	916 000	928 000	579 000	1 804 000
Total Current Assets	959 000	935 000	579 000	1 805 000
Total Assets	4 314 000	4 218 000	4 061 000	4 057 000
Total Equity	4 152 000	4 052 000	3 867 000	3 809 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 000	88 000	110 000	138 000
Creditors	1 000	8 000	0	0
Unpaid Taxes	1 000	11 000	11 000	2 000
Dividends	0	0	0	0
Other Current Debt	44 000	29 000	30 000	66 000
Total Current Debt	90 000	78 000	85 000	110 000
Total Equity and Debt	4 314 000	4 218 000	4 061 000	4 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,41 %	4,57 %	1,5 %	2,1 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,04
Operating Profit Margin	24,49 %	9,14 %	19,38 %	19,14 %
Current Ratio	10,66	11,99	6,81	16,41
Quick Ratio	10,66	11,99	6,81	16,41
Equity Ratio	0,96	0,96	0,95	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %