RING 91107440 AS

4642 SØGNE

Finances

Return on Equity

46,98 %

Current Ratio

3,49

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	679 000	607 000	586 000	541 000
Net Income	342 000	311 000	308 000	257 000
Total Assets	1 006 000	653 000	596 000	487 000
Total Equity	728 000	386 000	74 000	274 000

Income (NOK)	2022	2021	2020	2019
Revenue	679 000	607 000	586 000	541 000
Expenditure	258 000	208 000	191 000	212 000
Operating Profit	421 000	399 000	395 000	330 000
Financial Income	111 000	0	0	0
Financial Costs	111 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	421 000	399 000	395 000	330 000
Tax	79 000	88 000	87 000	73 000
Net Income	342 000	311 000	308 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	260 000	99 000	43 000
Total Current Assets	945 000	393 000	497 000	444 000
Total Assets	1 006 000	653 000	596 000	487 000
Total Retained Equity	698 000	356 000	44 000	244 000
Total Equity	728 000	386 000	74 000	274 000
Total Long-Term Debt	7 000	6 000	5 000	5 000
Total Current Debt	271 000	261 000	517 000	208 000
Total Equity and Debt	1 006 000	653 000	596 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	607 000	586 000	541 000
Other Income	0	0	0	0
Revenue	679 000	607 000	586 000	541 000
Cost of Goods Sold	0	0	0	0
Salary Costs	178 000	154 000	135 000	102 000
Depreciation	7 000	7 000	9 000	11 000
Impairment	0	0	0	0
Expenditure	258 000	208 000	191 000	212 000
Operating Profit	421 000	399 000	395 000	330 000
Financial Income	111 000	0	0	0
Financial Costs	111 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	265 000	0
Net Income	342 000	311 000	308 000	257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	28 000	35 000	43 000
Total Tangible Assets	61 000	28 000	35 000	43 000
Total Fiancial Fixed Assets	0	232 000	65 000	0
Total Fixed Assets	61 000	260 000	99 000	43 000
Stock	33 000	0	0	0
Total Investments	583 000	195 000	0	0
Cash, Bank	272 000	198 000	497 000	347 000
Total Current Assets	945 000	393 000	497 000	444 000
Total Assets	1 006 000	653 000	596 000	487 000
Total Equity	728 000	386 000	74 000	274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	6 000	5 000	5 000
Creditors	10 000	1 000	0	0
Unpaid Taxes	183 000	173 000	165 000	134 000
Dividends	0	0	265 000	0
Other Current Debt	0	0	0	0
Total Current Debt	271 000	261 000	517 000	208 000
Total Equity and Debt	1 006 000	653 000	596 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,98 %	80,57 %	416,22 %	93,8 %
Debt-to-Equity Ratio	0,01	0,02	0,07	0,02
Operating Profit Margin	62 %	65,73 %	67,41 %	61 %
Current Ratio	3,49	1,51	0,96	2,13
Quick Ratio	3,97	1,51	0,96	2,13
Equity Ratio	0,72	0,59	0,12	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %