RINGDEKK AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

68,32 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 136 000	42 448 000	35 500 000	33 734 000
Net Income	2 471 000	2 058 000	1 013 000	416 000
Total Assets	11 755 000	12 526 000	8 158 000	9 900 000
Total Equity	3 617 000	3 146 000	2 287 000	1 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 136 000	42 448 000	35 500 000	33 734 000
Expenditure	36 966 000	39 805 000	34 048 000	32 969 000
Operating Profit	3 170 000	2 642 000	1 452 000	764 000
Financial Income	53 000	33 000	44 000	19 000
Financial Costs	42 000	25 000	195 000	246 000
Financial Balance	11 000	8 000	−151 000	−227 000
Earnings Before Tax	3 180 000	2 650 000	1 302 000	538 000
Tax	710 000	592 000	289 000	121 000
Net Income	2 471 000	2 058 000	1 013 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	374 000	459 000	562 000
Total Current Assets	11 450 000	12 151 000	7 699 000	9 338 000
Total Assets	11 755 000	12 526 000	8 158 000	9 900 000
Total Retained Equity	3 107 000	2 636 000	1 777 000	765 000
Total Equity	3 617 000	3 146 000	2 287 000	1 275 000
Total Long-Term Debt	0	0	19 000	75 000
Total Current Debt	8 138 000	9 380 000	5 851 000	8 550 000
Total Equity and Debt	11 755 000	12 526 000	8 158 000	9 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 144 000	42 448 000	35 500 000	33 733 000
Other Income	−8 000	0	0	0
Revenue	40 136 000	42 448 000	35 500 000	33 734 000
Cost of Goods Sold	24 270 000	28 070 000	23 523 000	22 605 000
Salary Costs	8 273 000	7 055 000	6 229 000	6 133 000
Depreciation	95 000	163 000	236 000	207 000
Impairment	0	0	0	0
Expenditure	36 966 000	39 805 000	34 048 000	32 969 000
Operating Profit	3 170 000	2 642 000	1 452 000	764 000
Financial Income	53 000	33 000	44 000	19 000
Financial Costs	42 000	25 000	195 000	246 000
Financial Balance	11 000	8 000	−151 000	−227 000
Dividends	2 000 000	1 200 000	0	0
Net Income	2 471 000	2 058 000	1 013 000	416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	122 000	113 000	92 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	252 000	326 000	430 000
Total Tangible Assets	183 000	252 000	326 000	430 000
Total Fiancial Fixed Assets	0	0	20 000	40 000
Total Fixed Assets	305 000	374 000	459 000	562 000
Stock	5 908 000	4 335 000	3 542 000	3 390 000
Total Investments	0	0	1 000	26 000
Cash, Bank	2 303 000	4 689 000	1 839 000	2 725 000
Total Current Assets	11 450 000	12 151 000	7 699 000	9 338 000
Total Assets	11 755 000	12 526 000	8 158 000	9 900 000
Total Equity	3 617 000	3 146 000	2 287 000	1 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	19 000	75 000
Creditors	3 294 000	5 676 000	3 787 000	6 585 000
Unpaid Taxes	1 398 000	1 276 000	1 022 000	1 230 000
Dividends	2 000 000	1 200 000	0	0
Other Current Debt	2 738 000	1 827 000	733 000	629 000
Total Current Debt	8 138 000	9 380 000	5 851 000	8 550 000
Total Equity and Debt	11 755 000	12 526 000	8 158 000	9 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,32 %	65,42 %	44,29 %	32,63 %
Debt-to-Equity Ratio	0	0	0,01	0,06
Operating Profit Margin	7,9 %	6,22 %	4,09 %	2,26 %
Current Ratio	1,41	1,3	1,32	1,09
Quick Ratio	5,13	2,41	3,33	1,81
Equity Ratio	0,31	0,25	0,28	0,13
Gross Profit Margin	39,53 %	33,87 %	33,74 %	32,99 %