RINGVEIEN 11 D AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

61,65 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	187 000	100 000	0
Net Income	82 000	72 000	−21 000	−45 000
Total Assets	1 568 000	1 571 000	1 680 000	1 830 000
Total Equity	133 000	51 000	−21 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	187 000	100 000	0
Expenditure	44 000	113 000	121 000	45 000
Operating Profit	106 000	74 000	−21 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	105 000	74 000	−21 000	−45 000
Tax	23 000	2 000	0	0
Net Income	82 000	72 000	−21 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 502 000	1 545 000	1 588 000	1 631 000
Total Current Assets	66 000	25 000	92 000	199 000
Total Assets	1 568 000	1 571 000	1 680 000	1 830 000
Total Retained Equity	103 000	21 000	−51 000	−31 000
Total Equity	133 000	51 000	−21 000	0
Total Long-Term Debt	25 000	2 000	18 000	18 000
Total Current Debt	1 410 000	1 518 000	1 683 000	1 812 000
Total Equity and Debt	1 568 000	1 571 000	1 680 000	1 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	150 000	187 000	100 000	0
Revenue	150 000	187 000	100 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	43 000	43 000	43 000	24 000
Impairment	0	0	0	0
Expenditure	44 000	113 000	121 000	45 000
Operating Profit	106 000	74 000	−21 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	82 000	72 000	−21 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 502 000	1 545 000	1 588 000	1 631 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 502 000	1 545 000	1 588 000	1 631 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 502 000	1 545 000	1 588 000	1 631 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	2 000	4 000	0
Total Current Assets	66 000	25 000	92 000	199 000
Total Assets	1 568 000	1 571 000	1 680 000	1 830 000
Total Equity	133 000	51 000	−21 000	0
Short-Term Group Debt	1 409 000	1 517 000	0	0
Total Long-Term Debt	25 000	2 000	18 000	18 000
Creditors	1 000	1 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 682 000	1 812 000
Total Current Debt	1 410 000	1 518 000	1 683 000	1 812 000
Total Equity and Debt	1 568 000	1 571 000	1 680 000	1 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,65 %	141,18 %	100 %	-
Debt-to-Equity Ratio	0,19	0,04	−0,86	-
Operating Profit Margin	70,67 %	39,57 %	−21 %	-
Current Ratio	0,05	0,02	0,05	0,11
Quick Ratio	0,05	0,02	0,05	0,11
Equity Ratio	0,08	0,03	−0,01	0
Gross Profit Margin	100 %	100 %	100 %	-