RINGVEGEN 31 B UTVIKLING AS

2053 JESSHEIM

Finances

Share Ownership

Return on Equity

17,26 %

Current Ratio

32,71

Debt-to-Equity Ratio

−3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	66 000
Net Income	−665 000	−563 000	−911 000	−860 000
Total Assets	11 630 000	8 230 000	8 289 000	6 454 000
Total Equity	−3 853 000	−3 188 000	−2 625 000	−1 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	66 000
Expenditure	37 000	110 000	488 000	615 000
Operating Profit	−37 000	−110 000	−488 000	−549 000
Financial Income	0	0	0	0
Financial Costs	627 000	453 000	423 000	311 000
Financial Balance	−627 000	−453 000	−423 000	−311 000
Earnings Before Tax	−665 000	−563 000	−911 000	−860 000
Tax	0	0	0	0
Net Income	−665 000	−563 000	−911 000	−860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 462 000	6 462 000	6 462 000	6 362 000
Total Current Assets	5 168 000	1 768 000	1 827 000	92 000
Total Assets	11 630 000	8 230 000	8 289 000	6 454 000
Total Retained Equity	−3 883 000	−3 218 000	−2 655 000	−1 744 000
Total Equity	−3 853 000	−3 188 000	−2 625 000	−1 714 000
Total Long-Term Debt	15 325 000	11 087 000	10 911 000	8 093 000
Total Current Debt	158 000	331 000	3 000	75 000
Total Equity and Debt	11 630 000	8 230 000	8 289 000	6 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	66 000
Revenue	0	0	0	66 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	133 000
Impairment	0	0	0	0
Expenditure	37 000	110 000	488 000	615 000
Operating Profit	−37 000	−110 000	−488 000	−549 000
Financial Income	0	0	0	0
Financial Costs	627 000	453 000	423 000	311 000
Financial Balance	−627 000	−453 000	−423 000	−311 000
Dividends	0	0	0	0
Net Income	−665 000	−563 000	−911 000	−860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 462 000	6 462 000	6 462 000	6 362 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 462 000	6 462 000	6 462 000	6 362 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 462 000	6 462 000	6 462 000	6 362 000
Stock	3 850 000	1 740 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 318 000	27 000	1 827 000	92 000
Total Current Assets	5 168 000	1 768 000	1 827 000	92 000
Total Assets	11 630 000	8 230 000	8 289 000	6 454 000
Total Equity	−3 853 000	−3 188 000	−2 625 000	−1 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 325 000	11 087 000	10 911 000	8 093 000
Creditors	108 000	305 000	3 000	75 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	26 000	0	0
Total Current Debt	158 000	331 000	3 000	75 000
Total Equity and Debt	11 630 000	8 230 000	8 289 000	6 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,26 %	17,66 %	34,7 %	50,18 %
Debt-to-Equity Ratio	−3,98	−3,48	−4,16	−4,72
Operating Profit Margin	-	-	-	−831,82 %
Current Ratio	32,71	5,34	609	1,23
Quick Ratio	−1,4	−1,25	609	1,23
Equity Ratio	−0,33	−0,39	−0,32	−0,27
Gross Profit Margin	-	-	-	100 %