RINGSIDE RØRLEGGERBEDRIFT AS

0455 OSLO

Finances

Return on Equity

−29,76 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 164 000	35 904 000	38 745 000	56 994 000
Net Income	−1 506 000	1 209 000	971 000	6 580 000
Total Assets	22 327 000	12 584 000	11 735 000	18 152 000
Total Equity	5 060 000	5 864 000	4 655 000	8 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 164 000	35 904 000	38 745 000	56 994 000
Expenditure	74 611 000	34 789 000	37 489 000	48 524 000
Operating Profit	−448 000	1 115 000	1 256 000	8 470 000
Financial Income	574 000	486 000	60 000	15 000
Financial Costs	1 654 000	63 000	58 000	55 000
Financial Balance	−1 080 000	423 000	2 000	−40 000
Earnings Before Tax	−1 528 000	1 537 000	1 258 000	8 430 000
Tax	−23 000	329 000	286 000	1 850 000
Net Income	−1 506 000	1 209 000	971 000	6 580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 259 000	3 823 000	3 624 000	3 869 000
Total Current Assets	20 068 000	8 762 000	8 111 000	14 283 000
Total Assets	22 327 000	12 584 000	11 735 000	18 152 000
Total Retained Equity	4 087 000	5 114 000	3 905 000	7 434 000
Total Equity	5 060 000	5 864 000	4 655 000	8 184 000
Total Long-Term Debt	1 038 000	852 000	1 516 000	1 488 000
Total Current Debt	16 230 000	5 869 000	5 563 000	8 481 000
Total Equity and Debt	22 327 000	12 584 000	11 735 000	18 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 337 000	35 631 000	38 484 000	56 994 000
Other Income	827 000	273 000	262 000	0
Revenue	74 164 000	35 904 000	38 745 000	56 994 000
Cost of Goods Sold	38 566 000	14 343 000	16 140 000	25 593 000
Salary Costs	23 234 000	15 028 000	16 234 000	17 795 000
Depreciation	736 000	451 000	480 000	370 000
Impairment	0	0	0	0
Expenditure	74 611 000	34 789 000	37 489 000	48 524 000
Operating Profit	−448 000	1 115 000	1 256 000	8 470 000
Financial Income	574 000	486 000	60 000	15 000
Financial Costs	1 654 000	63 000	58 000	55 000
Financial Balance	−1 080 000	423 000	2 000	−40 000
Dividends	0	0	0	0
Net Income	−1 506 000	1 209 000	971 000	6 580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	7 000	140 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	25 000	31 000	48 000
Fixtures	1 900 000	1 365 000	1 666 000	2 134 000
Total Tangible Assets	1 914 000	1 390 000	1 697 000	2 182 000
Total Fiancial Fixed Assets	242 000	2 425 000	1 787 000	1 687 000
Total Fixed Assets	2 259 000	3 823 000	3 624 000	3 869 000
Stock	4 082 000	1 332 000	1 306 000	1 411 000
Total Investments	0	0	0	0
Cash, Bank	1 392 000	2 089 000	3 197 000	2 681 000
Total Current Assets	20 068 000	8 762 000	8 111 000	14 283 000
Total Assets	22 327 000	12 584 000	11 735 000	18 152 000
Total Equity	5 060 000	5 864 000	4 655 000	8 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 038 000	852 000	1 516 000	1 488 000
Creditors	6 360 000	1 609 000	1 243 000	1 880 000
Unpaid Taxes	3 468 000	2 105 000	2 051 000	2 499 000
Dividends	0	0	0	0
Other Current Debt	5 633 000	1 959 000	1 826 000	3 277 000
Total Current Debt	16 230 000	5 869 000	5 563 000	8 481 000
Total Equity and Debt	22 327 000	12 584 000	11 735 000	18 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,76 %	20,62 %	20,86 %	80,4 %
Debt-to-Equity Ratio	0,21	0,15	0,33	0,18
Operating Profit Margin	−0,6 %	3,11 %	3,24 %	14,86 %
Current Ratio	1,24	1,49	1,46	1,68
Quick Ratio	1,65	1,93	1,91	2,02
Equity Ratio	0,23	0,47	0,4	0,45
Gross Profit Margin	48 %	60,05 %	58,34 %	55,1 %