RINGVEIEN 10 AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

23,59 %

Current Ratio

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 935 000	1 589 000	1 412 000
Net Income	740 000	985 000	757 000	644 000
Total Assets	8 482 000	8 232 000	8 153 000	7 934 000
Total Equity	3 137 000	3 162 000	3 172 000	3 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 935 000	1 589 000	1 412 000
Expenditure	881 000	549 000	483 000	435 000
Operating Profit	1 105 000	1 387 000	1 105 000	976 000
Financial Income	20 000	5 000	5 000	5 000
Financial Costs	171 000	129 000	139 000	158 000
Financial Balance	−151 000	−124 000	−134 000	−153 000
Earnings Before Tax	954 000	1 263 000	971 000	823 000
Tax	214 000	278 000	214 000	179 000
Net Income	740 000	985 000	757 000	644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 778 000	7 028 000	7 280 000	7 534 000
Total Current Assets	1 704 000	1 204 000	872 000	400 000
Total Assets	8 482 000	8 232 000	8 153 000	7 934 000
Total Retained Equity	1 437 000	1 462 000	1 472 000	1 469 000
Total Equity	3 137 000	3 162 000	3 172 000	3 169 000
Total Long-Term Debt	3 645 000	3 089 000	3 320 000	3 575 000
Total Current Debt	1 700 000	1 981 000	1 661 000	1 190 000
Total Equity and Debt	8 482 000	8 232 000	8 153 000	7 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 986 000	1 935 000	1 589 000	1 412 000
Revenue	1 986 000	1 935 000	1 589 000	1 412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	249 000	253 000	253 000	253 000
Impairment	0	0	0	0
Expenditure	881 000	549 000	483 000	435 000
Operating Profit	1 105 000	1 387 000	1 105 000	976 000
Financial Income	20 000	5 000	5 000	5 000
Financial Costs	171 000	129 000	139 000	158 000
Financial Balance	−151 000	−124 000	−134 000	−153 000
Dividends	0	0	0	0
Net Income	740 000	985 000	757 000	644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 778 000	7 028 000	7 277 000	7 526 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	8 000
Total Tangible Assets	6 778 000	7 028 000	7 280 000	7 534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 778 000	7 028 000	7 280 000	7 534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 314 000	806 000	806 000	354 000
Total Current Assets	1 704 000	1 204 000	872 000	400 000
Total Assets	8 482 000	8 232 000	8 153 000	7 934 000
Total Equity	3 137 000	3 162 000	3 172 000	3 169 000
Short-Term Group Debt	980 000	1 276 000	967 000	690 000
Total Long-Term Debt	3 645 000	3 089 000	3 320 000	3 575 000
Creditors	21 000	30 000	35 000	17 000
Unpaid Taxes	62 000	57 000	53 000	53 000
Dividends	0	0	0	0
Other Current Debt	637 000	618 000	605 000	406 000
Total Current Debt	1 700 000	1 981 000	1 661 000	1 190 000
Total Equity and Debt	8 482 000	8 232 000	8 153 000	7 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,59 %	31,15 %	23,87 %	20,32 %
Debt-to-Equity Ratio	1,16	0,98	1,05	1,13
Operating Profit Margin	55,64 %	71,68 %	69,54 %	69,12 %
Current Ratio	1	0,61	0,52	0,34
Quick Ratio	1	0,61	0,52	0,34
Equity Ratio	0,37	0,38	0,39	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %