GISLE HEIBERG RINGEN AS

1473 LØRENSKOG

Finances

Return on Equity

966 %

Current Ratio

0,52

Debt-to-Equity Ratio

4,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 740 000	5 012 000	4 610 000	4 656 000
Net Income	966 000	1 050 000	804 000	965 000
Total Assets	2 351 000	2 449 000	2 852 000	2 673 000
Total Equity	100 000	133 000	233 000	879 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 740 000	5 012 000	4 610 000	4 656 000
Expenditure	4 644 000	4 095 000	3 556 000	3 521 000
Operating Profit	1 096 000	918 000	1 055 000	1 135 000
Financial Income	141 000	353 000	1 000	90 000
Financial Costs	34 000	20 000	25 000	13 000
Financial Balance	107 000	333 000	−24 000	77 000
Earnings Before Tax	1 204 000	1 251 000	1 030 000	1 213 000
Tax	238 000	201 000	227 000	248 000
Net Income	966 000	1 050 000	804 000	965 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 423 000	1 842 000	1 568 000	1 920 000
Total Current Assets	928 000	607 000	1 284 000	752 000
Total Assets	2 351 000	2 449 000	2 852 000	2 673 000
Total Retained Equity	0	33 000	133 000	779 000
Total Equity	100 000	133 000	233 000	879 000
Total Long-Term Debt	455 000	522 000	589 000	656 000
Total Current Debt	1 795 000	1 794 000	2 030 000	1 138 000
Total Equity and Debt	2 351 000	2 449 000	2 852 000	2 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	752 000	652 000	616 000	658 000
Other Income	4 988 000	4 360 000	3 994 000	3 998 000
Revenue	5 740 000	5 012 000	4 610 000	4 656 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 093 000	1 074 000	877 000	828 000
Depreciation	466 000	391 000	385 000	377 000
Impairment	0	0	0	0
Expenditure	4 644 000	4 095 000	3 556 000	3 521 000
Operating Profit	1 096 000	918 000	1 055 000	1 135 000
Financial Income	141 000	353 000	1 000	90 000
Financial Costs	34 000	20 000	25 000	13 000
Financial Balance	107 000	333 000	−24 000	77 000
Dividends	999 000	1 150 000	1 450 000	1 300 000
Net Income	966 000	1 050 000	804 000	965 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	336 000	716 000	1 096 000
Total Intangible Assets	114 000	403 000	768 000	1 116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	509 000	639 000	0	5 000
Total Tangible Assets	509 000	639 000	0	5 000
Total Fiancial Fixed Assets	800 000	800 000	800 000	800 000
Total Fixed Assets	1 423 000	1 842 000	1 568 000	1 920 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	746 000	577 000	1 153 000	105 000
Total Current Assets	928 000	607 000	1 284 000	752 000
Total Assets	2 351 000	2 449 000	2 852 000	2 673 000
Total Equity	100 000	133 000	233 000	879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	455 000	522 000	589 000	656 000
Creditors	274 000	199 000	219 000	149 000
Unpaid Taxes	94 000	83 000	12 000	52 000
Dividends	999 000	1 150 000	1 450 000	1 300 000
Other Current Debt	145 000	795 000	91 000	76 000
Total Current Debt	1 795 000	1 794 000	2 030 000	1 138 000
Total Equity and Debt	2 351 000	2 449 000	2 852 000	2 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	966 %	789,47 %	345,06 %	109,78 %
Debt-to-Equity Ratio	4,55	3,92	2,53	0,75
Operating Profit Margin	19,09 %	18,32 %	22,89 %	24,38 %
Current Ratio	0,52	0,34	0,63	0,66
Quick Ratio	0,52	0,34	0,63	0,66
Equity Ratio	0,04	0,05	0,08	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %