RINGERIKE FINANS AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

532,14 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	0	113 000	460 000
Net Income	−1 639 000	−27 000	−4 000	65 000
Total Assets	2 000	3 050 000	3 061 000	3 026 000
Total Equity	−308 000	1 331 000	1 358 000	1 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	0	113 000	460 000
Expenditure	41 000	27 000	118 000	320 000
Operating Profit	−21 000	−27 000	−4 000	139 000
Financial Income	0	0	0	0
Financial Costs	1 618 000	0	0	43 000
Financial Balance	−1 618 000	0	0	−43 000
Earnings Before Tax	−1 639 000	−27 000	−5 000	96 000
Tax	0	0	−1 000	31 000
Net Income	−1 639 000	−27 000	−4 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 018 000	2 363 000	2 363 000
Total Current Assets	2 000	32 000	698 000	663 000
Total Assets	2 000	3 050 000	3 061 000	3 026 000
Total Retained Equity	−952 000	687 000	714 000	717 000
Total Equity	−308 000	1 331 000	1 358 000	1 362 000
Total Long-Term Debt	125 000	1 541 000	1 491 000	1 465 000
Total Current Debt	185 000	178 000	211 000	199 000
Total Equity and Debt	2 000	3 050 000	3 061 000	3 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	0	113 000	460 000
Other Income	0	0	0	0
Revenue	20 000	0	113 000	460 000
Cost of Goods Sold	20 000	0	0	0
Salary Costs	0	0	91 000	295 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	27 000	118 000	320 000
Operating Profit	−21 000	−27 000	−4 000	139 000
Financial Income	0	0	0	0
Financial Costs	1 618 000	0	0	43 000
Financial Balance	−1 618 000	0	0	−43 000
Dividends	0	0	0	0
Net Income	−1 639 000	−27 000	−4 000	65 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	3 018 000	2 363 000	2 363 000
Total Fixed Assets	0	3 018 000	2 363 000	2 363 000
Stock	0	20 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	7 000	1 000	8 000
Total Current Assets	2 000	32 000	698 000	663 000
Total Assets	2 000	3 050 000	3 061 000	3 026 000
Total Equity	−308 000	1 331 000	1 358 000	1 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	1 541 000	1 491 000	1 465 000
Creditors	9 000	7 000	5 000	0
Unpaid Taxes	6 000	0	21 000	8 000
Dividends	0	0	0	0
Other Current Debt	171 000	171 000	185 000	160 000
Total Current Debt	185 000	178 000	211 000	199 000
Total Equity and Debt	2 000	3 050 000	3 061 000	3 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	532,14 %	−2,03 %	−0,29 %	4,77 %
Debt-to-Equity Ratio	−0,41	1,16	1,1	1,08
Operating Profit Margin	−105 %	-	−3,54 %	30,22 %
Current Ratio	0,01	0,18	3,31	3,33
Quick Ratio	0,01	0,2	3,31	3,33
Equity Ratio	−154	0,44	0,44	0,45
Gross Profit Margin	0 %	-	100 %	100 %