RINGERIKE ELEKTRO AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

1 301,59 %

Current Ratio

1,26

Debt-to-Equity Ratio

−21,63

Key figures (NOK)	2021	2020	2019
Revenue	7 952 000	7 420 000	11 145 000
Net Income	−820 000	−243 000	504 000
Total Assets	3 137 000	4 180 000	4 258 000
Total Equity	−63 000	757 000	999 000

Income (NOK)	2021	2020	2019
Revenue	7 952 000	7 420 000	11 145 000
Expenditure	8 735 000	7 669 000	10 449 000
Operating Profit	−783 000	−250 000	696 000
Financial Income	2 000	1 000	1 000
Financial Costs	55 000	57 000	46 000
Financial Balance	−53 000	−56 000	−45 000
Earnings Before Tax	−836 000	−306 000	652 000
Tax	−16 000	−63 000	147 000
Net Income	−820 000	−243 000	504 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	815 000	1 145 000	1 013 000
Total Current Assets	2 321 000	3 035 000	3 245 000
Total Assets	3 137 000	4 180 000	4 258 000
Total Retained Equity	−563 000	257 000	499 000
Total Equity	−63 000	757 000	999 000
Total Long-Term Debt	1 363 000	1 527 000	1 500 000
Total Current Debt	1 837 000	1 896 000	1 759 000
Total Equity and Debt	3 137 000	4 180 000	4 258 000

Cash flow (NOK)	2021	2020	2019
Sales Income	8 396 000	7 668 000	10 963 000
Other Income	−445 000	−248 000	181 000
Revenue	7 952 000	7 420 000	11 145 000
Cost of Goods Sold	2 447 000	2 226 000	4 749 000
Salary Costs	4 446 000	3 873 000	4 075 000
Depreciation	330 000	284 000	258 000
Impairment	0	0	0
Expenditure	8 735 000	7 669 000	10 449 000
Operating Profit	−783 000	−250 000	696 000
Financial Income	2 000	1 000	1 000
Financial Costs	55 000	57 000	46 000
Financial Balance	−53 000	−56 000	−45 000
Dividends	0	0	0
Net Income	−820 000	−243 000	504 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	4 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	815 000	1 145 000	1 009 000
Total Tangible Assets	815 000	1 145 000	1 009 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	815 000	1 145 000	1 013 000
Stock	332 000	307 000	190 000
Total Investments	0	0	0
Cash, Bank	1 160 000	1 279 000	1 671 000
Total Current Assets	2 321 000	3 035 000	3 245 000
Total Assets	3 137 000	4 180 000	4 258 000
Total Equity	−63 000	757 000	999 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 363 000	1 527 000	1 500 000
Creditors	394 000	488 000	402 000
Unpaid Taxes	677 000	640 000	490 000
Dividends	0	0	0
Other Current Debt	767 000	850 000	715 000
Total Current Debt	1 837 000	1 896 000	1 759 000
Total Equity and Debt	3 137 000	4 180 000	4 258 000

Financial indicators	2021	2020	2019
Return on Equity	1 301,59 %	−32,1 %	50,45 %
Debt-to-Equity Ratio	−21,63	2,02	1,5
Operating Profit Margin	−9,85 %	−3,37 %	6,24 %
Current Ratio	1,26	1,6	1,84
Quick Ratio	1,54	1,91	2,07
Equity Ratio	−0,02	0,18	0,23
Gross Profit Margin	69,23 %	70 %	57,39 %