RINGSTADÅSEN UTVIKLING AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

1 273,33 %

Current Ratio

1,11

Debt-to-Equity Ratio

46,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 571 000	35 455 000	27 387 000	0
Net Income	382 000	949 000	−112 000	−685 000
Total Assets	13 760 000	17 724 000	29 133 000	2 039 000
Total Equity	30 000	160 000	−789 000	−677 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 571 000	35 455 000	27 387 000	0
Expenditure	7 061 000	7 600 000	8 971 000	644 000
Operating Profit	1 498 000	2 306 000	566 000	−645 000
Financial Income	18 000	59 000	45 000	0
Financial Costs	837 000	1 084 000	723 000	41 000
Financial Balance	−819 000	−1 025 000	−678 000	−41 000
Earnings Before Tax	679 000	1 280 000	−112 000	−685 000
Tax	297 000	331 000	0	0
Net Income	382 000	949 000	−112 000	−685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	0	0	0
Total Current Assets	13 700 000	17 724 000	29 133 000	2 039 000
Total Assets	13 760 000	17 724 000	29 133 000	2 039 000
Total Retained Equity	0	130 000	−819 000	−707 000
Total Equity	30 000	160 000	−789 000	−677 000
Total Long-Term Debt	1 407 000	2 469 000	1 720 000	2 592 000
Total Current Debt	12 323 000	15 095 000	28 202 000	124 000
Total Equity and Debt	13 760 000	17 724 000	29 133 000	2 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 571 000	35 455 000	27 387 000	0
Other Income	0	0	0	0
Revenue	37 571 000	35 455 000	27 387 000	0
Cost of Goods Sold	4 584 000	4 744 000	6 934 000	147 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 061 000	7 600 000	8 971 000	644 000
Operating Profit	1 498 000	2 306 000	566 000	−645 000
Financial Income	18 000	59 000	45 000	0
Financial Costs	837 000	1 084 000	723 000	41 000
Financial Balance	−819 000	−1 025 000	−678 000	−41 000
Dividends	0	0	0	0
Net Income	382 000	949 000	−112 000	−685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	60 000	0	0	0
Total Fixed Assets	60 000	0	0	0
Stock	12 462 000	15 753 000	19 148 000	1 984 000
Total Investments	0	0	0	0
Cash, Bank	1 238 000	1 970 000	9 986 000	55 000
Total Current Assets	13 700 000	17 724 000	29 133 000	2 039 000
Total Assets	13 760 000	17 724 000	29 133 000	2 039 000
Total Equity	30 000	160 000	−789 000	−677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 407 000	2 469 000	1 720 000	2 592 000
Creditors	2 061 000	3 018 000	14 170 000	118 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 391 000	1 058 000	1 319 000	6 000
Total Current Debt	12 323 000	15 095 000	28 202 000	124 000
Total Equity and Debt	13 760 000	17 724 000	29 133 000	2 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 273,33 %	593,13 %	14,2 %	101,18 %
Debt-to-Equity Ratio	46,9	15,43	−2,18	−3,83
Operating Profit Margin	3,99 %	6,5 %	2,07 %	-
Current Ratio	1,11	1,17	1,03	16,44
Quick Ratio	−98,56	−26,94	3,22	−1,1
Equity Ratio	0	0,01	−0,03	−0,33
Gross Profit Margin	87,8 %	86,62 %	74,68 %	-