RINGKJØB AGENTUR AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

56,96 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,78

Key figures (NOK)	2021	2020	2019
Revenue	1 585 000	1 485 000	131 000
Net Income	−135 000	−144 000	12 000
Total Assets	424 000	417 000	377 000
Total Equity	−237 000	−101 000	42 000

Income (NOK)	2021	2020	2019
Revenue	1 585 000	1 485 000	131 000
Expenditure	1 710 000	1 614 000	112 000
Operating Profit	−125 000	−129 000	20 000
Financial Income	1 000	1 000	0
Financial Costs	10 000	17 000	5 000
Financial Balance	−9 000	−16 000	−5 000
Earnings Before Tax	−135 000	−146 000	14 000
Tax	0	−2 000	2 000
Net Income	−135 000	−144 000	12 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	74 000	100 000	104 000
Total Current Assets	350 000	317 000	273 000
Total Assets	424 000	417 000	377 000
Total Retained Equity	−267 000	−131 000	12 000
Total Equity	−237 000	−101 000	42 000
Total Long-Term Debt	186 000	240 000	248 000
Total Current Debt	475 000	278 000	86 000
Total Equity and Debt	424 000	417 000	377 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 260 000	1 304 000	109 000
Other Income	325 000	181 000	22 000
Revenue	1 585 000	1 485 000	131 000
Cost of Goods Sold	626 000	722 000	60 000
Salary Costs	539 000	352 000	0
Depreciation	25 000	24 000	4 000
Impairment	0	0	0
Expenditure	1 710 000	1 614 000	112 000
Operating Profit	−125 000	−129 000	20 000
Financial Income	1 000	1 000	0
Financial Costs	10 000	17 000	5 000
Financial Balance	−9 000	−16 000	−5 000
Dividends	0	0	0
Net Income	−135 000	−144 000	12 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	74 000	100 000	104 000
Total Tangible Assets	74 000	100 000	104 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	74 000	100 000	104 000
Stock	107 000	86 000	130 000
Total Investments	0	0	0
Cash, Bank	145 000	158 000	91 000
Total Current Assets	350 000	317 000	273 000
Total Assets	424 000	417 000	377 000
Total Equity	−237 000	−101 000	42 000
Short-Term Group Debt	0	0	5 000
Total Long-Term Debt	186 000	240 000	248 000
Creditors	321 000	160 000	57 000
Unpaid Taxes	16 000	25 000	0
Dividends	0	0	0
Other Current Debt	138 000	93 000	24 000
Total Current Debt	475 000	278 000	86 000
Total Equity and Debt	424 000	417 000	377 000

Financial indicators	2021	2020	2019
Return on Equity	56,96 %	142,57 %	28,57 %
Debt-to-Equity Ratio	−0,78	−2,38	5,9
Operating Profit Margin	−7,89 %	−8,69 %	15,27 %
Current Ratio	0,74	1,14	3,17
Quick Ratio	0,95	1,65	−6,2
Equity Ratio	−0,56	−0,24	0,11
Gross Profit Margin	60,5 %	51,38 %	54,2 %