RINGERIKE RØRSERVICE AS

3360 GEITHUS

Finances

Share Ownership

Return on Equity

1,79 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 000	484 000	1 107 000	2 008 000
Net Income	2 000	63 000	116 000	127 000
Total Assets	139 000	114 000	332 000	393 000
Total Equity	112 000	109 000	146 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 000	484 000	1 107 000	2 008 000
Expenditure	310 000	402 000	958 000	1 845 000
Operating Profit	4 000	81 000	149 000	163 000
Financial Income	0	1 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	4 000	81 000	149 000	163 000
Tax	1 000	18 000	33 000	36 000
Net Income	2 000	63 000	116 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	39 000	51 000	0
Total Current Assets	88 000	75 000	281 000	393 000
Total Assets	139 000	114 000	332 000	393 000
Total Retained Equity	82 000	79 000	116 000	0
Total Equity	112 000	109 000	146 000	30 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	27 000	5 000	185 000	363 000
Total Equity and Debt	139 000	114 000	332 000	393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	484 000	1 107 000	2 008 000
Other Income	0	0	0	0
Revenue	314 000	484 000	1 107 000	2 008 000
Cost of Goods Sold	84 000	153 000	458 000	1 262 000
Salary Costs	131 000	120 000	373 000	287 000
Depreciation	18 000	12 000	8 000	0
Impairment	0	0	0	0
Expenditure	310 000	402 000	958 000	1 845 000
Operating Profit	4 000	81 000	149 000	163 000
Financial Income	0	1 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	0	0	0
Dividends	0	100 000	0	127 000
Net Income	2 000	63 000	116 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	24 000	0	0	0
Total Intangible Assets	24 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	39 000	51 000	0
Total Tangible Assets	28 000	39 000	51 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 000	39 000	51 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	74 000	120 000	140 000
Total Current Assets	88 000	75 000	281 000	393 000
Total Assets	139 000	114 000	332 000	393 000
Total Equity	112 000	109 000	146 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	10 000	22 000	22 000	147 000
Unpaid Taxes	37 000	17 000	100 000	29 000
Dividends	0	100 000	0	127 000
Other Current Debt	−22 000	−53 000	30 000	23 000
Total Current Debt	27 000	5 000	185 000	363 000
Total Equity and Debt	139 000	114 000	332 000	393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,79 %	57,8 %	79,45 %	423,33 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	1,27 %	16,74 %	13,46 %	8,12 %
Current Ratio	3,26	15	1,52	1,08
Quick Ratio	3,26	15	1,52	1,08
Equity Ratio	0,81	0,96	0,44	0,08
Gross Profit Margin	73,25 %	68,39 %	58,63 %	37,15 %