RINGVEIEN 13 B AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

22,9 %

Current Ratio

0,71

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	696 000	710 000	696 000	638 000
Net Income	414 000	503 000	470 000	434 000
Total Assets	2 935 000	3 044 000	3 102 000	2 877 000
Total Equity	1 808 000	1 394 000	891 000	421 000

Income (NOK)	2022	2021	2020	2019
Revenue	696 000	710 000	696 000	638 000
Expenditure	165 000	66 000	94 000	82 000
Operating Profit	531 000	644 000	601 000	556 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	1 000	0
Earnings Before Tax	531 000	644 000	602 000	557 000
Tax	117 000	142 000	133 000	123 000
Net Income	414 000	503 000	470 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 329 000	2 360 000	2 390 000	2 420 000
Total Current Assets	605 000	684 000	712 000	457 000
Total Assets	2 935 000	3 044 000	3 102 000	2 877 000
Total Retained Equity	1 529 000	1 115 000	613 000	143 000
Total Equity	1 808 000	1 394 000	891 000	421 000
Total Long-Term Debt	275 000	269 000	262 000	253 000
Total Current Debt	852 000	1 381 000	1 950 000	2 202 000
Total Equity and Debt	2 935 000	3 044 000	3 102 000	2 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	696 000	710 000	696 000	638 000
Revenue	696 000	710 000	696 000	638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	30 000	30 000	30 000	36 000
Impairment	0	0	0	0
Expenditure	165 000	66 000	94 000	82 000
Operating Profit	531 000	644 000	601 000	556 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	1 000	0
Dividends	0	0	0	0
Net Income	414 000	503 000	470 000	434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 329 000	2 360 000	2 390 000	2 420 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 329 000	2 360 000	2 390 000	2 420 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 329 000	2 360 000	2 390 000	2 420 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	162 000	582 000	426 000
Total Current Assets	605 000	684 000	712 000	457 000
Total Assets	2 935 000	3 044 000	3 102 000	2 877 000
Total Equity	1 808 000	1 394 000	891 000	421 000
Short-Term Group Debt	717 000	1 245 000	1 810 000	1 065 000
Total Long-Term Debt	275 000	269 000	262 000	253 000
Creditors	25 000	2 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	14 000	938 000
Total Current Debt	852 000	1 381 000	1 950 000	2 202 000
Total Equity and Debt	2 935 000	3 044 000	3 102 000	2 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,9 %	36,08 %	52,75 %	103,09 %
Debt-to-Equity Ratio	0,15	0,19	0,29	0,6
Operating Profit Margin	76,29 %	90,7 %	86,35 %	87,15 %
Current Ratio	0,71	0,5	0,37	0,21
Quick Ratio	0,71	0,5	0,37	0,21
Equity Ratio	0,62	0,46	0,29	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %