RAGNAR RINGSTAD AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

21,91 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 064 000	41 610 000	38 315 000	34 254 000
Net Income	1 476 000	1 089 000	2 231 000	1 032 000
Total Assets	12 425 000	11 246 000	12 628 000	10 614 000
Total Equity	6 736 000	6 260 000	5 671 000	4 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 064 000	41 610 000	38 315 000	34 254 000
Expenditure	38 134 000	40 172 000	35 405 000	32 814 000
Operating Profit	1 930 000	1 438 000	2 910 000	1 440 000
Financial Income	1 000	1 000	8 000	4 000
Financial Costs	5 000	24 000	58 000	173 000
Financial Balance	−4 000	−23 000	−50 000	−169 000
Earnings Before Tax	1 927 000	1 416 000	2 860 000	1 271 000
Tax	450 000	327 000	629 000	239 000
Net Income	1 476 000	1 089 000	2 231 000	1 032 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 098 000	1 798 000	1 611 000	1 718 000
Total Current Assets	10 327 000	9 448 000	11 017 000	8 896 000
Total Assets	12 425 000	11 246 000	12 628 000	10 614 000
Total Retained Equity	3 736 000	3 260 000	2 671 000	1 640 000
Total Equity	6 736 000	6 260 000	5 671 000	4 640 000
Total Long-Term Debt	0	0	559 000	1 309 000
Total Current Debt	5 688 000	4 986 000	6 398 000	4 664 000
Total Equity and Debt	12 425 000	11 246 000	12 628 000	10 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 545 000	41 706 000	37 578 000	34 127 000
Other Income	519 000	−96 000	737 000	127 000
Revenue	40 064 000	41 610 000	38 315 000	34 254 000
Cost of Goods Sold	18 950 000	21 749 000	19 091 000	16 665 000
Salary Costs	10 107 000	9 170 000	8 546 000	8 613 000
Depreciation	568 000	531 000	381 000	484 000
Impairment	0	0	0	0
Expenditure	38 134 000	40 172 000	35 405 000	32 814 000
Operating Profit	1 930 000	1 438 000	2 910 000	1 440 000
Financial Income	1 000	1 000	8 000	4 000
Financial Costs	5 000	24 000	58 000	173 000
Financial Balance	−4 000	−23 000	−50 000	−169 000
Dividends	1 000 000	500 000	1 200 000	500 000
Net Income	1 476 000	1 089 000	2 231 000	1 032 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	208 000	0
Machinery and Plant Facilities	613 000	450 000	0	0
Fixtures	1 279 000	1 291 000	1 324 000	1 616 000
Total Tangible Assets	1 892 000	1 741 000	1 532 000	1 616 000
Total Fiancial Fixed Assets	206 000	56 000	79 000	102 000
Total Fixed Assets	2 098 000	1 798 000	1 611 000	1 718 000
Stock	5 195 000	4 188 000	4 317 000	4 780 000
Total Investments	0	0	0	0
Cash, Bank	713 000	1 255 000	4 440 000	2 246 000
Total Current Assets	10 327 000	9 448 000	11 017 000	8 896 000
Total Assets	12 425 000	11 246 000	12 628 000	10 614 000
Total Equity	6 736 000	6 260 000	5 671 000	4 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	559 000	1 309 000
Creditors	2 306 000	2 077 000	1 621 000	1 944 000
Unpaid Taxes	857 000	1 002 000	1 058 000	804 000
Dividends	1 000 000	500 000	1 200 000	500 000
Other Current Debt	2 074 000	1 554 000	3 073 000	1 627 000
Total Current Debt	5 688 000	4 986 000	6 398 000	4 664 000
Total Equity and Debt	12 425 000	11 246 000	12 628 000	10 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,91 %	17,4 %	39,34 %	22,24 %
Debt-to-Equity Ratio	0	0	0,1	0,28
Operating Profit Margin	4,82 %	3,46 %	7,59 %	4,2 %
Current Ratio	1,82	1,89	1,72	1,91
Quick Ratio	20,95	11,84	5,29	−76,69
Equity Ratio	0,54	0,56	0,45	0,44
Gross Profit Margin	52,7 %	47,73 %	50,17 %	51,35 %