RINGEN SKOGSDRIFT AS

2847 KOLBU

Finances

Share Ownership

Return on Equity

60,3 %

Current Ratio

2,04

Debt-to-Equity Ratio

16,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 316 000	1 525 000	1 264 000	571 000
Net Income	120 000	−166 000	55 000	41 000
Total Assets	3 645 000	3 096 000	2 694 000	777 000
Total Equity	199 000	79 000	231 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 316 000	1 525 000	1 264 000	571 000
Expenditure	2 034 000	1 602 000	1 135 000	491 000
Operating Profit	283 000	−77 000	129 000	81 000
Financial Income	6 000	1 000	0	0
Financial Costs	135 000	119 000	59 000	26 000
Financial Balance	−129 000	−118 000	−59 000	−26 000
Earnings Before Tax	154 000	−195 000	70 000	55 000
Tax	34 000	−29 000	15 000	14 000
Net Income	120 000	−166 000	55 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 321 000	2 764 000	2 082 000	579 000
Total Current Assets	324 000	332 000	612 000	198 000
Total Assets	3 645 000	3 096 000	2 694 000	777 000
Total Retained Equity	169 000	49 000	201 000	147 000
Total Equity	199 000	79 000	231 000	177 000
Total Long-Term Debt	3 287 000	2 747 000	2 358 000	512 000
Total Current Debt	159 000	271 000	104 000	88 000
Total Equity and Debt	3 645 000	3 096 000	2 694 000	777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 194 000	1 480 000	1 264 000	571 000
Other Income	123 000	45 000	0	0
Revenue	2 316 000	1 525 000	1 264 000	571 000
Cost of Goods Sold	119 000	46 000	120 000	174 000
Salary Costs	533 000	723 000	486 000	79 000
Depreciation	609 000	311 000	213 000	70 000
Impairment	0	0	0	0
Expenditure	2 034 000	1 602 000	1 135 000	491 000
Operating Profit	283 000	−77 000	129 000	81 000
Financial Income	6 000	1 000	0	0
Financial Costs	135 000	119 000	59 000	26 000
Financial Balance	−129 000	−118 000	−59 000	−26 000
Dividends	0	0	0	0
Net Income	120 000	−166 000	55 000	41 000

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	3 321 000	2 764 000	2 082 000	579 000
Fixtures	0	0	0	0
Total Tangible Assets	3 321 000	2 764 000	2 082 000	579 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 321 000	2 764 000	2 082 000	579 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	121 000	187 000	133 000
Total Current Assets	324 000	332 000	612 000	198 000
Total Assets	3 645 000	3 096 000	2 694 000	777 000
Total Equity	199 000	79 000	231 000	177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 287 000	2 747 000	2 358 000	512 000
Creditors	52 000	38 000	15 000	4 000
Unpaid Taxes	15 000	101 000	15 000	16 000
Dividends	0	0	0	0
Other Current Debt	91 000	132 000	74 000	64 000
Total Current Debt	159 000	271 000	104 000	88 000
Total Equity and Debt	3 645 000	3 096 000	2 694 000	777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,3 %	−210,13 %	23,81 %	23,16 %
Debt-to-Equity Ratio	16,52	34,77	10,21	2,89
Operating Profit Margin	12,22 %	−5,05 %	10,21 %	14,19 %
Current Ratio	2,04	1,23	5,88	2,25
Quick Ratio	2,04	1,23	5,88	2,25
Equity Ratio	0,05	0,03	0,09	0,23
Gross Profit Margin	94,86 %	96,98 %	90,51 %	69,53 %