RINGEN AS

0465 OSLO

Finances

Return on Equity

31,77 %

Current Ratio

22,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	100 000
Net Income	61 000	−45 000	−37 000	60 000
Total Assets	201 000	131 000	176 000	230 000
Total Equity	192 000	131 000	176 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	100 000
Expenditure	26 000	19 000	19 000	24 000
Operating Profit	74 000	−19 000	−19 000	76 000
Financial Income	0	0	0	0
Financial Costs	5 000	31 000	18 000	0
Financial Balance	−5 000	−31 000	−18 000	0
Earnings Before Tax	69 000	−49 000	−37 000	77 000
Tax	8 000	−4 000	0	16 000
Net Income	61 000	−45 000	−37 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	201 000	131 000	176 000	230 000
Total Assets	201 000	131 000	176 000	230 000
Total Retained Equity	162 000	101 000	146 000	183 000
Total Equity	192 000	131 000	176 000	213 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000	0	0	16 000
Total Equity and Debt	201 000	131 000	176 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	0	0	100 000
Other Income	0	0	0	0
Revenue	100 000	0	0	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	19 000	19 000	24 000
Operating Profit	74 000	−19 000	−19 000	76 000
Financial Income	0	0	0	0
Financial Costs	5 000	31 000	18 000	0
Financial Balance	−5 000	−31 000	−18 000	0
Dividends	0	0	0	0
Net Income	61 000	−45 000	−37 000	60 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	5 000	0	0
Cash, Bank	96 000	97 000	72 000	124 000
Total Current Assets	201 000	131 000	176 000	230 000
Total Assets	201 000	131 000	176 000	230 000
Total Equity	192 000	131 000	176 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	9 000	0	0	16 000
Total Equity and Debt	201 000	131 000	176 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,77 %	−34,35 %	−21,02 %	28,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74 %	-	-	76 %
Current Ratio	22,33	-	-	14,38
Quick Ratio	22,33	-	-	14,38
Equity Ratio	0,96	1	1	0,93
Gross Profit Margin	100 %	-	-	100 %