RINGERUD HYTTEUTVIKLING AS

3525 HALLINGBY

Finances

Share Ownership

Return on Equity

35,52 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 856 000	0	21 289 000	6 351 000
Net Income	823 000	−118 000	2 511 000	327 000
Total Assets	7 291 000	4 314 000	4 919 000	12 470 000
Total Equity	2 317 000	1 494 000	1 613 000	602 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 856 000	0	21 289 000	6 351 000
Expenditure	8 549 000	3 895 000	9 986 000	7 949 000
Operating Profit	1 290 000	−145 000	3 387 000	694 000
Financial Income	2 000	0	0	0
Financial Costs	239 000	6 000	168 000	276 000
Financial Balance	−237 000	−6 000	−168 000	−276 000
Earnings Before Tax	1 053 000	−150 000	3 219 000	418 000
Tax	230 000	−32 000	708 000	91 000
Net Income	823 000	−118 000	2 511 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	32 000	0	0
Total Current Assets	7 291 000	4 282 000	4 919 000	12 470 000
Total Assets	7 291 000	4 314 000	4 919 000	12 470 000
Total Retained Equity	2 037 000	1 214 000	1 333 000	322 000
Total Equity	2 317 000	1 494 000	1 613 000	602 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 973 000	2 820 000	3 307 000	11 868 000
Total Equity and Debt	7 291 000	4 314 000	4 919 000	12 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 856 000	0	21 289 000	6 351 000
Other Income	0	0	0	0
Revenue	6 856 000	0	21 289 000	6 351 000
Cost of Goods Sold	8 399 000	3 748 000	9 612 000	7 695 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 549 000	3 895 000	9 986 000	7 949 000
Operating Profit	1 290 000	−145 000	3 387 000	694 000
Financial Income	2 000	0	0	0
Financial Costs	239 000	6 000	168 000	276 000
Financial Balance	−237 000	−6 000	−168 000	−276 000
Dividends	0	0	1 500 000	0
Net Income	823 000	−118 000	2 511 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	32 000	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	0	0	0	0
Total Fixed Assets	0	32 000	0	0
Stock	6 733 000	3 750 000	0	7 917 000
Total Investments	0	0	0	0
Cash, Bank	396 000	533 000	4 919 000	1 703 000
Total Current Assets	7 291 000	4 282 000	4 919 000	12 470 000
Total Assets	7 291 000	4 314 000	4 919 000	12 470 000
Total Equity	2 317 000	1 494 000	1 613 000	602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	112 000	81 000	454 000	2 589 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 500 000	0
Other Current Debt	4 663 000	2 739 000	645 000	9 188 000
Total Current Debt	4 973 000	2 820 000	3 307 000	11 868 000
Total Equity and Debt	7 291 000	4 314 000	4 919 000	12 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,52 %	−7,9 %	155,67 %	54,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,82 %	-	15,91 %	10,93 %
Current Ratio	1,47	1,52	1,49	1,05
Quick Ratio	−4,14	−4,6	1,49	3,16
Equity Ratio	0,32	0,35	0,33	0,05
Gross Profit Margin	−22,51 %	-	54,85 %	−21,16 %