RINGVEGEN 650 AS

9017 TROMSØ

Finances

Share Ownership

Return on Equity

103,43 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	403 000	384 000	373 000	367 000
Net Income	241 000	232 000	226 000	223 000
Total Assets	901 000	679 000	675 000	1 142 000
Total Equity	233 000	191 000	159 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	403 000	384 000	373 000	367 000
Expenditure	90 000	81 000	75 000	70 000
Operating Profit	314 000	303 000	299 000	297 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	7 000	8 000	11 000	13 000
Financial Balance	−5 000	−6 000	−9 000	−11 000
Earnings Before Tax	309 000	297 000	290 000	286 000
Tax	68 000	65 000	64 000	63 000
Net Income	241 000	232 000	226 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	37 000	38 000	39 000
Total Current Assets	865 000	642 000	638 000	1 103 000
Total Assets	901 000	679 000	675 000	1 142 000
Total Retained Equity	133 000	91 000	59 000	33 000
Total Equity	233 000	191 000	159 000	133 000
Total Long-Term Debt	96 000	131 000	166 000	201 000
Total Current Debt	572 000	356 000	350 000	807 000
Total Equity and Debt	901 000	679 000	675 000	1 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	403 000	384 000	373 000	367 000
Revenue	403 000	384 000	373 000	367 000
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	90 000	81 000	75 000	70 000
Operating Profit	314 000	303 000	299 000	297 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	7 000	8 000	11 000	13 000
Financial Balance	−5 000	−6 000	−9 000	−11 000
Dividends	200 000	200 000	200 000	660 000
Net Income	241 000	232 000	226 000	223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	12 000	13 000	14 000
Real Eastate	25 000	25 000	25 000	25 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 000	25 000	25 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	37 000	38 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	849 000	627 000	617 000	424 000
Total Current Assets	865 000	642 000	638 000	1 103 000
Total Assets	901 000	679 000	675 000	1 142 000
Total Equity	233 000	191 000	159 000	133 000
Short-Term Group Debt	208 000	0	0	0
Total Long-Term Debt	96 000	131 000	166 000	201 000
Creditors	0	2 000	0	0
Unpaid Taxes	92 000	89 000	87 000	85 000
Dividends	200 000	200 000	200 000	660 000
Other Current Debt	5 000	0	0	0
Total Current Debt	572 000	356 000	350 000	807 000
Total Equity and Debt	901 000	679 000	675 000	1 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,43 %	121,47 %	142,14 %	167,67 %
Debt-to-Equity Ratio	0,41	0,69	1,04	1,51
Operating Profit Margin	77,92 %	78,91 %	80,16 %	80,93 %
Current Ratio	1,51	1,8	1,82	1,37
Quick Ratio	1,51	1,8	1,82	1,37
Equity Ratio	0,26	0,28	0,24	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %