RINGVEIEN 10 EIENDOM AS

9300 FINNSNES

Finances

Return on Equity

12,27 %

Current Ratio

9,32

Debt-to-Equity Ratio

4,87

Key figures (NOK)	2022	2021	2020
Revenue	1 077 000	783 000	351 000
Net Income	373 000	368 000	−157 000
Total Assets	18 392 000	10 305 000	8 569 000
Total Equity	3 039 000	2 944 000	2 676 000

Income (NOK)	2022	2021	2020
Revenue	1 077 000	783 000	351 000
Expenditure	451 000	311 000	173 000
Operating Profit	626 000	472 000	178 000
Financial Income	0	0	0
Financial Costs	147 000	0	0
Financial Balance	−147 000	0	0
Earnings Before Tax	479 000	471 000	178 000
Tax	105 000	104 000	335 000
Net Income	373 000	368 000	−157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 239 000	9 419 000	6 833 000
Total Current Assets	5 154 000	886 000	1 735 000
Total Assets	18 392 000	10 305 000	8 569 000
Total Retained Equity	2 847 000	2 751 000	2 483 000
Total Equity	3 039 000	2 944 000	2 676 000
Total Long-Term Debt	14 800 000	7 094 000	0
Total Current Debt	553 000	268 000	5 893 000
Total Equity and Debt	18 392 000	10 305 000	8 569 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 077 000	783 000	351 000
Revenue	1 077 000	783 000	351 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	164 000	140 000	131 000
Impairment	0	0	0
Expenditure	451 000	311 000	173 000
Operating Profit	626 000	472 000	178 000
Financial Income	0	0	0
Financial Costs	147 000	0	0
Financial Balance	−147 000	0	0
Dividends	0	0	0
Net Income	373 000	368 000	−157 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	32 000	59 000	36 000
Real Eastate	9 340 000	9 303 000	6 761 000
Machinery and Plant Facilities	0	0	0
Fixtures	66 000	57 000	36 000
Total Tangible Assets	9 407 000	9 361 000	6 797 000
Total Fiancial Fixed Assets	3 800 000	0	0
Total Fixed Assets	13 239 000	9 419 000	6 833 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	654 000	34 000	726 000
Total Current Assets	5 154 000	886 000	1 735 000
Total Assets	18 392 000	10 305 000	8 569 000
Total Equity	3 039 000	2 944 000	2 676 000
Short-Term Group Debt	356 000	128 000	0
Total Long-Term Debt	14 800 000	7 094 000	0
Creditors	13 000	31 000	2 569 000
Unpaid Taxes	48 000	0	0
Dividends	0	0	0
Other Current Debt	136 000	11 000	3 269 000
Total Current Debt	553 000	268 000	5 893 000
Total Equity and Debt	18 392 000	10 305 000	8 569 000

Financial indicators	2022	2021	2020
Return on Equity	12,27 %	12,5 %	−5,87 %
Debt-to-Equity Ratio	4,87	2,41	0
Operating Profit Margin	58,12 %	60,28 %	50,71 %
Current Ratio	9,32	3,31	0,29
Quick Ratio	9,32	3,31	0,29
Equity Ratio	0,17	0,29	0,31
Gross Profit Margin	100 %	100 %	100 %