RINGO FRØYA AS

7260 SISTRANDA

Finances

Return on Equity

−15,43 %

Current Ratio

6,25

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 934 000	5 967 000	2 975 000	1 990 000
Net Income	−231 000	69 000	222 000	30 000
Total Assets	2 885 000	3 657 000	1 748 000	1 311 000
Total Equity	1 497 000	1 728 000	394 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 934 000	5 967 000	2 975 000	1 990 000
Expenditure	4 231 000	5 874 000	2 691 000	1 999 000
Operating Profit	−298 000	92 000	284 000	−9 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	2 000	4 000	0	1 000
Financial Balance	1 000	−4 000	1 000	0
Earnings Before Tax	−296 000	88 000	285 000	−10 000
Tax	−65 000	19 000	63 000	−40 000
Net Income	−231 000	69 000	222 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	49 000	37 000	40 000
Total Current Assets	2 736 000	3 608 000	1 711 000	1 271 000
Total Assets	2 885 000	3 657 000	1 748 000	1 311 000
Total Retained Equity	151 000	382 000	194 000	−28 000
Total Equity	1 497 000	1 728 000	394 000	172 000
Total Long-Term Debt	950 000	950 000	950 000	950 000
Total Current Debt	438 000	980 000	404 000	189 000
Total Equity and Debt	2 885 000	3 657 000	1 748 000	1 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 934 000	5 967 000	2 969 000	1 990 000
Other Income	0	0	6 000	0
Revenue	3 934 000	5 967 000	2 975 000	1 990 000
Cost of Goods Sold	2 193 000	3 300 000	1 610 000	1 115 000
Salary Costs	1 007 000	1 251 000	568 000	469 000
Depreciation	22 000	19 000	12 000	21 000
Impairment	0	0	0	0
Expenditure	4 231 000	5 874 000	2 691 000	1 999 000
Operating Profit	−298 000	92 000	284 000	−9 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	2 000	4 000	0	1 000
Financial Balance	1 000	−4 000	1 000	0
Dividends	0	0	0	0
Net Income	−231 000	69 000	222 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	5 000	3 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	39 000	29 000	27 000
Total Tangible Assets	59 000	39 000	29 000	27 000
Total Fiancial Fixed Assets	20 000	5 000	5 000	5 000
Total Fixed Assets	149 000	49 000	37 000	40 000
Stock	1 674 000	2 076 000	920 000	803 000
Total Investments	0	0	0	0
Cash, Bank	1 051 000	1 469 000	637 000	266 000
Total Current Assets	2 736 000	3 608 000	1 711 000	1 271 000
Total Assets	2 885 000	3 657 000	1 748 000	1 311 000
Total Equity	1 497 000	1 728 000	394 000	172 000
Short-Term Group Debt	0	0	0	22 000
Total Long-Term Debt	950 000	950 000	950 000	950 000
Creditors	173 000	635 000	179 000	61 000
Unpaid Taxes	153 000	152 000	101 000	49 000
Dividends	0	0	0	0
Other Current Debt	111 000	172 000	66 000	57 000
Total Current Debt	438 000	980 000	404 000	189 000
Total Equity and Debt	2 885 000	3 657 000	1 748 000	1 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,43 %	3,99 %	56,35 %	17,44 %
Debt-to-Equity Ratio	0,63	0,55	2,41	5,52
Operating Profit Margin	−7,57 %	1,54 %	9,55 %	−0,45 %
Current Ratio	6,25	3,68	4,24	6,72
Quick Ratio	−2,21	−3,29	−3,32	−2,07
Equity Ratio	0,52	0,47	0,23	0,13
Gross Profit Margin	44,26 %	44,7 %	45,88 %	43,97 %