CATO RINGSTAD AS

1767 HALDEN

Finances

Share Ownership

Return on Equity

−8,4 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 835 000	29 443 000	51 444 000	14 886 000
Net Income	−3 155 000	8 322 000	15 289 000	2 859 000
Total Assets	126 437 000	133 786 000	127 421 000	167 093 000
Total Equity	37 553 000	127 708 000	119 386 000	104 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 835 000	29 443 000	51 444 000	14 886 000
Expenditure	8 093 000	20 316 000	31 583 000	13 506 000
Operating Profit	−2 258 000	9 127 000	19 862 000	1 380 000
Financial Income	1 441 000	1 699 000	585 000	4 064 000
Financial Costs	2 927 000	157 000	844 000	1 779 000
Financial Balance	−1 486 000	1 542 000	−259 000	2 285 000
Earnings Before Tax	−3 743 000	10 669 000	19 602 000	3 665 000
Tax	−588 000	2 347 000	4 313 000	807 000
Net Income	−3 155 000	8 322 000	15 289 000	2 859 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 827 000	51 000	66 000	84 000
Total Current Assets	99 610 000	133 735 000	127 355 000	167 009 000
Total Assets	126 437 000	133 786 000	127 421 000	167 093 000
Total Retained Equity	28 995 000	119 150 000	110 828 000	95 539 000
Total Equity	37 553 000	127 708 000	119 386 000	104 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 885 000	6 078 000	8 035 000	62 997 000
Total Equity and Debt	126 437 000	133 786 000	127 421 000	167 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 715 000	29 224 000	51 243 000	14 556 000
Other Income	120 000	219 000	201 000	330 000
Revenue	5 835 000	29 443 000	51 444 000	14 886 000
Cost of Goods Sold	239 000	12 463 000	23 596 000	5 117 000
Salary Costs	5 755 000	5 623 000	5 561 000	5 729 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	8 093 000	20 316 000	31 583 000	13 506 000
Operating Profit	−2 258 000	9 127 000	19 862 000	1 380 000
Financial Income	1 441 000	1 699 000	585 000	4 064 000
Financial Costs	2 927 000	157 000	844 000	1 779 000
Financial Balance	−1 486 000	1 542 000	−259 000	2 285 000
Dividends	87 000 000	0	0	0
Net Income	−3 155 000	8 322 000	15 289 000	2 859 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	619 000	30 000	38 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	21 000	29 000	37 000
Total Tangible Assets	13 000	21 000	29 000	37 000
Total Fiancial Fixed Assets	26 195 000	0	0	0
Total Fixed Assets	26 827 000	51 000	66 000	84 000
Stock	0	0	1 387 000	2 702 000
Total Investments	6 979 000	39 903 000	38 616 000	39 187 000
Cash, Bank	1 162 000	1 058 000	852 000	2 191 000
Total Current Assets	99 610 000	133 735 000	127 355 000	167 009 000
Total Assets	126 437 000	133 786 000	127 421 000	167 093 000
Total Equity	37 553 000	127 708 000	119 386 000	104 097 000
Short-Term Group Debt	777 000	2 623 000	2 641 000	56 994 000
Total Long-Term Debt	0	0	0	0
Creditors	79 000	96 000	94 000	3 181 000
Unpaid Taxes	457 000	450 000	441 000	1 429 000
Dividends	87 000 000	0	0	0
Other Current Debt	572 000	569 000	557 000	620 000
Total Current Debt	88 885 000	6 078 000	8 035 000	62 997 000
Total Equity and Debt	126 437 000	133 786 000	127 421 000	167 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,4 %	6,52 %	12,81 %	2,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−38,7 %	31 %	38,61 %	9,27 %
Current Ratio	1,12	22	15,85	2,65
Quick Ratio	1,12	22	19,16	2,77
Equity Ratio	0,3	0,95	0,94	0,62
Gross Profit Margin	95,9 %	57,67 %	54,13 %	65,63 %