RINGEN BILVERKSTED AS

0175 OSLO

Finances

Return on Equity

68,09 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 131 000	5 533 000	6 377 000	6 725 000
Net Income	320 000	−27 000	954 000	55 000
Total Assets	2 924 000	2 837 000	2 722 000	2 683 000
Total Equity	470 000	382 000	408 000	−546 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 131 000	5 533 000	6 377 000	6 725 000
Expenditure	6 675 000	5 475 000	5 487 000	6 653 000
Operating Profit	456 000	58 000	890 000	73 000
Financial Income	0	38 000	100 000	1 000
Financial Costs	45 000	30 000	26 000	19 000
Financial Balance	−45 000	8 000	74 000	−18 000
Earnings Before Tax	411 000	67 000	964 000	55 000
Tax	91 000	94 000	10 000	0
Net Income	320 000	−27 000	954 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	928 000	1 180 000	1 493 000	1 233 000
Total Current Assets	1 996 000	1 657 000	1 229 000	1 450 000
Total Assets	2 924 000	2 837 000	2 722 000	2 683 000
Total Retained Equity	220 000	132 000	158 000	−796 000
Total Equity	470 000	382 000	408 000	−546 000
Total Long-Term Debt	64 000	658 000	520 000	1 000 000
Total Current Debt	2 389 000	1 798 000	1 793 000	2 229 000
Total Equity and Debt	2 924 000	2 837 000	2 722 000	2 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 031 000	5 323 000	6 207 000	6 287 000
Other Income	100 000	210 000	169 000	438 000
Revenue	7 131 000	5 533 000	6 377 000	6 725 000
Cost of Goods Sold	2 600 000	1 324 000	2 126 000	2 342 000
Salary Costs	2 436 000	1 802 000	1 885 000	2 239 000
Depreciation	52 000	82 000	32 000	27 000
Impairment	0	0	0	0
Expenditure	6 675 000	5 475 000	5 487 000	6 653 000
Operating Profit	456 000	58 000	890 000	73 000
Financial Income	0	38 000	100 000	1 000
Financial Costs	45 000	30 000	26 000	19 000
Financial Balance	−45 000	8 000	74 000	−18 000
Dividends	231 000	0	0	0
Net Income	320 000	−27 000	954 000	55 000

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	32 000	285 000	346 000	17 000
Total Tangible Assets	32 000	285 000	346 000	17 000
Total Fiancial Fixed Assets	896 000	896 000	1 146 000	1 216 000
Total Fixed Assets	928 000	1 180 000	1 493 000	1 233 000
Stock	837 000	1 084 000	0	0
Total Investments	0	0	0	0
Cash, Bank	365 000	352 000	456 000	1 000 000
Total Current Assets	1 996 000	1 657 000	1 229 000	1 450 000
Total Assets	2 924 000	2 837 000	2 722 000	2 683 000
Total Equity	470 000	382 000	408 000	−546 000
Short-Term Group Debt	400 000	426 000	514 000	500 000
Total Long-Term Debt	64 000	658 000	520 000	1 000 000
Creditors	488 000	255 000	381 000	378 000
Unpaid Taxes	415 000	224 000	208 000	100 000
Dividends	231 000	0	0	0
Other Current Debt	815 000	804 000	690 000	1 096 000
Total Current Debt	2 389 000	1 798 000	1 793 000	2 229 000
Total Equity and Debt	2 924 000	2 837 000	2 722 000	2 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,09 %	−7,07 %	233,82 %	−10,07 %
Debt-to-Equity Ratio	0,14	1,72	1,27	−1,83
Operating Profit Margin	6,39 %	1,05 %	13,96 %	1,09 %
Current Ratio	0,84	0,92	0,69	0,65
Quick Ratio	1,29	2,32	0,69	0,65
Equity Ratio	0,16	0,13	0,15	−0,2
Gross Profit Margin	63,54 %	76,07 %	66,66 %	65,17 %