RINGSAKERHYTTA AS

1466 STRØMMEN

Finances

Return on Equity

11,45 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	4 777 000	0	0
Net Income	−19 000	7 000	−138 000	−40 000
Total Assets	3 257 000	2 785 000	5 404 000	2 184 000
Total Equity	−166 000	−147 000	−154 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	4 777 000	0	0
Expenditure	45 000	4 580 000	20 000	10 000
Operating Profit	−20 000	197 000	−20 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	188 000	157 000	43 000
Financial Balance	0	−188 000	−157 000	−43 000
Earnings Before Tax	−20 000	9 000	−177 000	−53 000
Tax	−2 000	2 000	−39 000	−13 000
Net Income	−19 000	7 000	−138 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	552 000	550 000	552 000	513 000
Total Current Assets	2 705 000	2 235 000	4 852 000	1 671 000
Total Assets	3 257 000	2 785 000	5 404 000	2 184 000
Total Retained Equity	−191 000	−172 000	−178 000	−40 000
Total Equity	−166 000	−147 000	−154 000	−16 000
Total Long-Term Debt	0	0	520 000	500 000
Total Current Debt	3 423 000	2 932 000	5 038 000	1 700 000
Total Equity and Debt	3 257 000	2 785 000	5 404 000	2 184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	4 777 000	0	0
Other Income	0	0	0	0
Revenue	25 000	4 777 000	0	0
Cost of Goods Sold	0	4 557 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	4 580 000	20 000	10 000
Operating Profit	−20 000	197 000	−20 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	188 000	157 000	43 000
Financial Balance	0	−188 000	−157 000	−43 000
Dividends	0	0	0	0
Net Income	−19 000	7 000	−138 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	50 000	52 000	13 000
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	500 000	500 000	500 000	500 000
Total Fixed Assets	552 000	550 000	552 000	513 000
Stock	2 702 000	2 181 000	4 670 000	1 607 000
Total Investments	0	0	0	0
Cash, Bank	3 000	40 000	169 000	65 000
Total Current Assets	2 705 000	2 235 000	4 852 000	1 671 000
Total Assets	3 257 000	2 785 000	5 404 000	2 184 000
Total Equity	−166 000	−147 000	−154 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	520 000	500 000
Creditors	45 000	9 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 378 000	2 923 000	5 037 000	1 700 000
Total Current Debt	3 423 000	2 932 000	5 038 000	1 700 000
Total Equity and Debt	3 257 000	2 785 000	5 404 000	2 184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,45 %	−4,76 %	89,61 %	250 %
Debt-to-Equity Ratio	−0	−0	−3,38	−31,25
Operating Profit Margin	−80 %	4,12 %	-	-
Current Ratio	0,79	0,76	0,96	0,98
Quick Ratio	3,75	2,98	13,18	17,97
Equity Ratio	−0,05	−0,05	−0,03	−0,01
Gross Profit Margin	100 %	4,61 %	-	-