RING 16 AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

25,85 %

Current Ratio

0,01

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 751 000	6 305 000	4 732 000	3 684 000
Net Income	2 900 000	3 097 000	1 689 000	365 000
Total Assets	55 229 000	55 529 000	56 361 000	58 337 000
Total Equity	11 217 000	8 318 000	5 221 000	3 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 751 000	6 305 000	4 732 000	3 684 000
Expenditure	1 057 000	875 000	980 000	932 000
Operating Profit	4 641 000	4 400 000	2 960 000	1 893 000
Financial Income	274 000	275 000	106 000	3 000
Financial Costs	1 197 000	705 000	900 000	1 429 000
Financial Balance	−923 000	−430 000	−794 000	−1 426 000
Earnings Before Tax	3 718 000	3 970 000	2 166 000	467 000
Tax	818 000	873 000	476 000	103 000
Net Income	2 900 000	3 097 000	1 689 000	365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 913 000	55 289 000	56 101 000	56 941 000
Total Current Assets	316 000	240 000	259 000	1 395 000
Total Assets	55 229 000	55 529 000	56 361 000	58 337 000
Total Retained Equity	8 050 000	5 151 000	2 054 000	365 000
Total Equity	11 217 000	8 318 000	5 221 000	3 532 000
Total Long-Term Debt	1 303 000	1 090 000	851 000	579 000
Total Current Debt	42 709 000	46 121 000	50 289 000	54 225 000
Total Equity and Debt	55 229 000	55 529 000	56 361 000	58 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 492 000	5 220 000	3 724 000	2 988 000
Other Income	1 259 000	1 084 000	1 008 000	696 000
Revenue	6 751 000	6 305 000	4 732 000	3 684 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	844 000	840 000	840 000	832 000
Impairment	0	0	0	0
Expenditure	1 057 000	875 000	980 000	932 000
Operating Profit	4 641 000	4 400 000	2 960 000	1 893 000
Financial Income	274 000	275 000	106 000	3 000
Financial Costs	1 197 000	705 000	900 000	1 429 000
Financial Balance	−923 000	−430 000	−794 000	−1 426 000
Dividends	0	0	0	0
Net Income	2 900 000	3 097 000	1 689 000	365 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 913 000	55 289 000	56 101 000	56 941 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	54 913 000	55 289 000	56 101 000	56 941 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 913 000	55 289 000	56 101 000	56 941 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	316 000	240 000	259 000	1 395 000
Total Assets	55 229 000	55 529 000	56 361 000	58 337 000
Total Equity	11 217 000	8 318 000	5 221 000	3 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 303 000	1 090 000	851 000	579 000
Creditors	310 000	390 000	266 000	343 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	0	0
Total Current Debt	42 709 000	46 121 000	50 289 000	54 225 000
Total Equity and Debt	55 229 000	55 529 000	56 361 000	58 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,85 %	37,23 %	32,35 %	10,33 %
Debt-to-Equity Ratio	0,12	0,13	0,16	0,16
Operating Profit Margin	68,75 %	69,79 %	62,55 %	51,38 %
Current Ratio	0,01	0,01	0,01	0,03
Quick Ratio	0,01	0,01	0,01	0,03
Equity Ratio	0,2	0,15	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %