RING EIENDOMSUTVIKLING AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

−6,76 %

Current Ratio

0,39

Debt-to-Equity Ratio

9,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	479 000	491 000	757 000
Net Income	−38 000	−180 000	−132 000	−818 000
Total Assets	7 872 000	7 778 000	7 173 000	14 595 000
Total Equity	562 000	456 000	27 000	160 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	479 000	491 000	757 000
Expenditure	314 000	376 000	334 000	1 206 000
Operating Profit	187 000	103 000	157 000	−449 000
Financial Income	0	0	4 000	0
Financial Costs	225 000	283 000	294 000	574 000
Financial Balance	−225 000	−283 000	−290 000	−574 000
Earnings Before Tax	−38 000	−180 000	−132 000	−1 023 000
Tax	0	0	0	−205 000
Net Income	−38 000	−180 000	−132 000	−818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 038 000	7 038 000	7 038 000	13 451 000
Total Current Assets	834 000	740 000	135 000	1 144 000
Total Assets	7 872 000	7 778 000	7 173 000	14 595 000
Total Retained Equity	−438 000	−544 000	−973 000	−840 000
Total Equity	562 000	456 000	27 000	160 000
Total Long-Term Debt	5 193 000	5 373 000	5 552 000	11 291 000
Total Current Debt	2 118 000	1 949 000	1 594 000	3 144 000
Total Equity and Debt	7 872 000	7 778 000	7 173 000	14 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	498 000	479 000	489 000	749 000
Other Income	3 000	0	2 000	8 000
Revenue	501 000	479 000	491 000	757 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 000	41 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	−705 000	705 000
Expenditure	314 000	376 000	334 000	1 206 000
Operating Profit	187 000	103 000	157 000	−449 000
Financial Income	0	0	4 000	0
Financial Costs	225 000	283 000	294 000	574 000
Financial Balance	−225 000	−283 000	−290 000	−574 000
Dividends	0	0	0	0
Net Income	−38 000	−180 000	−132 000	−818 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 038 000	7 038 000	7 038 000	13 451 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 038 000	7 038 000	7 038 000	13 451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 038 000	7 038 000	7 038 000	13 451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	27 000	0	191 000
Total Current Assets	834 000	740 000	135 000	1 144 000
Total Assets	7 872 000	7 778 000	7 173 000	14 595 000
Total Equity	562 000	456 000	27 000	160 000
Short-Term Group Debt	1 850 000	1 627 000	1 354 000	2 442 000
Total Long-Term Debt	5 193 000	5 373 000	5 552 000	11 291 000
Creditors	187 000	188 000	76 000	69 000
Unpaid Taxes	3 000	4 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	78 000	129 000	163 000	632 000
Total Current Debt	2 118 000	1 949 000	1 594 000	3 144 000
Total Equity and Debt	7 872 000	7 778 000	7 173 000	14 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,76 %	−39,47 %	−488,89 %	−511,25 %
Debt-to-Equity Ratio	9,24	11,78	205,63	70,57
Operating Profit Margin	37,33 %	21,5 %	31,98 %	−59,31 %
Current Ratio	0,39	0,38	0,08	0,36
Quick Ratio	0,39	0,38	0,08	0,36
Equity Ratio	0,07	0,06	0	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %