RING LOGISTICS AS

5099 BERGEN

Finances

Return on Equity

54,91 %

Current Ratio

15,63

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 181 000	2 655 000	2 203 000	2 003 000
Net Income	727 000	562 000	−121 000	342 000
Total Assets	3 398 000	2 937 000	2 788 000	2 655 000
Total Equity	1 324 000	917 000	768 000	714 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 181 000	2 655 000	2 203 000	2 003 000
Expenditure	1 248 000	2 089 000	2 321 000	1 652 000
Operating Profit	932 000	565 000	−118 000	350 000
Financial Income	0	0	1 000	0
Financial Costs	0	4 000	3 000	8 000
Financial Balance	0	−4 000	−2 000	−8 000
Earnings Before Tax	933 000	562 000	−121 000	342 000
Tax	205 000	0	0	0
Net Income	727 000	562 000	−121 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 000	911 000	1 123 000	2 313 000
Total Current Assets	2 939 000	2 026 000	1 665 000	343 000
Total Assets	3 398 000	2 937 000	2 788 000	2 655 000
Total Retained Equity	1 224 000	817 000	668 000	614 000
Total Equity	1 324 000	917 000	768 000	714 000
Total Long-Term Debt	1 886 000	2 020 000	2 020 000	1 941 000
Total Current Debt	188 000	0	0	0
Total Equity and Debt	3 398 000	2 937 000	2 788 000	2 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 181 000	2 655 000	2 203 000	2 003 000
Other Income	0	0	0	0
Revenue	2 181 000	2 655 000	2 203 000	2 003 000
Cost of Goods Sold	878 000	1 634 000	1 891 000	1 147 000
Salary Costs	0	0	0	0
Depreciation	0	112 000	140 000	175 000
Impairment	0	0	0	0
Expenditure	1 248 000	2 089 000	2 321 000	1 652 000
Operating Profit	932 000	565 000	−118 000	350 000
Financial Income	0	0	1 000	0
Financial Costs	0	4 000	3 000	8 000
Financial Balance	0	−4 000	−2 000	−8 000
Dividends	0	0	0	0
Net Income	727 000	562 000	−121 000	342 000

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	448 000	560 000	700 000
Fixtures	448 000	0	0	0
Total Tangible Assets	448 000	448 000	560 000	700 000
Total Fiancial Fixed Assets	11 000	463 000	563 000	1 613 000
Total Fixed Assets	459 000	911 000	1 123 000	2 313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 584 000	2 026 000	1 410 000	182 000
Total Current Assets	2 939 000	2 026 000	1 665 000	343 000
Total Assets	3 398 000	2 937 000	2 788 000	2 655 000
Total Equity	1 324 000	917 000	768 000	714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 886 000	2 020 000	2 020 000	1 941 000
Creditors	18 000	0	0	0
Unpaid Taxes	12 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	101 000	0	0	0
Total Current Debt	188 000	0	0	0
Total Equity and Debt	3 398 000	2 937 000	2 788 000	2 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,91 %	61,29 %	−15,76 %	47,9 %
Debt-to-Equity Ratio	1,42	2,2	2,63	2,72
Operating Profit Margin	42,73 %	21,28 %	−5,36 %	17,47 %
Current Ratio	15,63	-	-	-
Quick Ratio	15,63	-	-	-
Equity Ratio	0,39	0,31	0,28	0,27
Gross Profit Margin	59,74 %	38,46 %	14,16 %	42,74 %