RINGSTAD EIGEDOM AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

1,64 %

Current Ratio

0,38

Debt-to-Equity Ratio

4,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	405 000	410 000	345 000	388 000
Net Income	3 000	−28 000	−10 000	−47 000
Total Assets	1 095 000	1 143 000	575 000	588 000
Total Equity	183 000	179 000	208 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	405 000	410 000	345 000	388 000
Expenditure	364 000	413 000	355 000	435 000
Operating Profit	41 000	−1 000	−10 000	−47 000
Financial Income	0	0	0	0
Financial Costs	38 000	27 000	0	0
Financial Balance	−38 000	−27 000	0	0
Earnings Before Tax	3 000	−28 000	−10 000	−47 000
Tax	0	0	0	0
Net Income	3 000	−28 000	−10 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 052 000	1 085 000	517 000	550 000
Total Current Assets	43 000	59 000	57 000	38 000
Total Assets	1 095 000	1 143 000	575 000	588 000
Total Retained Equity	83 000	79 000	108 000	118 000
Total Equity	183 000	179 000	208 000	218 000
Total Long-Term Debt	800 000	860 000	245 000	245 000
Total Current Debt	112 000	104 000	122 000	125 000
Total Equity and Debt	1 095 000	1 143 000	575 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	36 000	12 000	28 000
Other Income	389 000	374 000	333 000	360 000
Revenue	405 000	410 000	345 000	388 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	165 000	177 000	210 000	309 000
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	364 000	413 000	355 000	435 000
Operating Profit	41 000	−1 000	−10 000	−47 000
Financial Income	0	0	0	0
Financial Costs	38 000	27 000	0	0
Financial Balance	−38 000	−27 000	0	0
Dividends	0	0	0	0
Net Income	3 000	−28 000	−10 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 052 000	1 085 000	517 000	550 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 052 000	1 085 000	517 000	550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 052 000	1 085 000	517 000	550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	46 000	52 000	23 000
Total Current Assets	43 000	59 000	57 000	38 000
Total Assets	1 095 000	1 143 000	575 000	588 000
Total Equity	183 000	179 000	208 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	860 000	245 000	245 000
Creditors	5 000	7 000	5 000	3 000
Unpaid Taxes	30 000	17 000	30 000	23 000
Dividends	0	0	0	0
Other Current Debt	77 000	80 000	87 000	99 000
Total Current Debt	112 000	104 000	122 000	125 000
Total Equity and Debt	1 095 000	1 143 000	575 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	−15,64 %	−4,81 %	−21,56 %
Debt-to-Equity Ratio	4,37	4,8	1,18	1,12
Operating Profit Margin	10,12 %	−0,24 %	−2,9 %	−12,11 %
Current Ratio	0,38	0,57	0,47	0,3
Quick Ratio	0,38	0,57	0,47	0,3
Equity Ratio	0,17	0,16	0,36	0,37
Gross Profit Margin	100 %	99,02 %	100 %	100 %