RING BIL & CARAVAN AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

53,34 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	18 048 000	11 908 000	25 000
Net Income	974 000	873 000	−41 000
Total Assets	4 274 000	3 455 000	538 000
Total Equity	1 826 000	853 000	−20 000

Income (NOK)	2022	2021	2020
Revenue	18 048 000	11 908 000	25 000
Expenditure	16 757 000	10 792 000	66 000
Operating Profit	1 291 000	1 116 000	−41 000
Financial Income	1 000	0	0
Financial Costs	37 000	11 000	0
Financial Balance	−36 000	−11 000	0
Earnings Before Tax	1 255 000	1 105 000	−41 000
Tax	282 000	232 000	0
Net Income	974 000	873 000	−41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	351 000	78 000	382 000
Total Current Assets	3 924 000	3 377 000	156 000
Total Assets	4 274 000	3 455 000	538 000
Total Retained Equity	1 796 000	832 000	−41 000
Total Equity	1 826 000	853 000	−20 000
Total Long-Term Debt	24 000	17 000	0
Total Current Debt	2 424 000	2 585 000	559 000
Total Equity and Debt	4 274 000	3 455 000	538 000

Cash flow (NOK)	2022	2021	2020
Sales Income	17 931 000	11 852 000	0
Other Income	116 000	56 000	25 000
Revenue	18 048 000	11 908 000	25 000
Cost of Goods Sold	14 246 000	8 853 000	0
Salary Costs	1 719 000	1 342 000	0
Depreciation	27 000	64 000	0
Impairment	0	0	0
Expenditure	16 757 000	10 792 000	66 000
Operating Profit	1 291 000	1 116 000	−41 000
Financial Income	1 000	0	0
Financial Costs	37 000	11 000	0
Financial Balance	−36 000	−11 000	0
Dividends	0	0	0
Net Income	974 000	873 000	−41 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	61 000	0	0
Fixtures	290 000	78 000	382 000
Total Tangible Assets	351 000	78 000	382 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	351 000	78 000	382 000
Stock	3 706 000	3 270 000	0
Total Investments	0	0	0
Cash, Bank	62 000	10 000	70 000
Total Current Assets	3 924 000	3 377 000	156 000
Total Assets	4 274 000	3 455 000	538 000
Total Equity	1 826 000	853 000	−20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	24 000	17 000	0
Creditors	4 000	10 000	48 000
Unpaid Taxes	118 000	103 000	0
Dividends	0	0	0
Other Current Debt	1 147 000	2 257 000	511 000
Total Current Debt	2 424 000	2 585 000	559 000
Total Equity and Debt	4 274 000	3 455 000	538 000

Financial indicators	2022	2021	2020
Return on Equity	53,34 %	102,34 %	205 %
Debt-to-Equity Ratio	0,01	0,02	−0
Operating Profit Margin	7,15 %	9,37 %	−164 %
Current Ratio	1,62	1,31	0,28
Quick Ratio	−3,06	−4,93	0,28
Equity Ratio	0,43	0,25	−0,04
Gross Profit Margin	21,07 %	25,66 %	100 %