EL RINGEN AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−10,46 %

Current Ratio

1,7

Debt-to-Equity Ratio

−1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 161 000	2 880 000	2 378 000	2 149 000
Net Income	145 000	8 000	126 000	−154 000
Total Assets	1 322 000	998 000	882 000	954 000
Total Equity	−1 386 000	−1 531 000	−1 539 000	−1 665 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 161 000	2 880 000	2 378 000	2 149 000
Expenditure	2 917 000	2 814 000	2 240 000	2 263 000
Operating Profit	244 000	66 000	138 000	−115 000
Financial Income	0	0	0	0
Financial Costs	58 000	56 000	11 000	47 000
Financial Balance	−58 000	−56 000	−11 000	−47 000
Earnings Before Tax	186 000	10 000	126 000	−162 000
Tax	41 000	2 000	1 000	−8 000
Net Income	145 000	8 000	126 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	541 000	235 000	303 000	375 000
Total Current Assets	781 000	764 000	579 000	579 000
Total Assets	1 322 000	998 000	882 000	954 000
Total Retained Equity	−1 486 000	−1 631 000	−1 639 000	−1 765 000
Total Equity	−1 386 000	−1 531 000	−1 539 000	−1 665 000
Total Long-Term Debt	2 249 000	2 049 000	2 086 000	2 236 000
Total Current Debt	459 000	480 000	334 000	382 000
Total Equity and Debt	1 322 000	998 000	882 000	954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 070 000	2 880 000	2 378 000	2 149 000
Other Income	91 000	0	0	0
Revenue	3 161 000	2 880 000	2 378 000	2 149 000
Cost of Goods Sold	1 723 000	1 652 000	1 176 000	1 230 000
Salary Costs	692 000	631 000	627 000	573 000
Depreciation	81 000	68 000	72 000	74 000
Impairment	0	0	0	0
Expenditure	2 917 000	2 814 000	2 240 000	2 263 000
Operating Profit	244 000	66 000	138 000	−115 000
Financial Income	0	0	0	0
Financial Costs	58 000	56 000	11 000	47 000
Financial Balance	−58 000	−56 000	−11 000	−47 000
Dividends	0	0	0	0
Net Income	145 000	8 000	126 000	−154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	544 000	235 000	303 000	375 000
Total Tangible Assets	544 000	235 000	303 000	375 000
Total Fiancial Fixed Assets	−3 000	0	0	0
Total Fixed Assets	541 000	235 000	303 000	375 000
Stock	124 000	187 000	101 000	40 000
Total Investments	0	0	0	0
Cash, Bank	385 000	480 000	398 000	450 000
Total Current Assets	781 000	764 000	579 000	579 000
Total Assets	1 322 000	998 000	882 000	954 000
Total Equity	−1 386 000	−1 531 000	−1 539 000	−1 665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 249 000	2 049 000	2 086 000	2 236 000
Creditors	137 000	218 000	74 000	176 000
Unpaid Taxes	72 000	92 000	99 000	122 000
Dividends	0	0	0	0
Other Current Debt	243 000	170 000	161 000	84 000
Total Current Debt	459 000	480 000	334 000	382 000
Total Equity and Debt	1 322 000	998 000	882 000	954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,46 %	−0,52 %	−8,19 %	9,25 %
Debt-to-Equity Ratio	−1,62	−1,34	−1,36	−1,34
Operating Profit Margin	7,72 %	2,29 %	5,8 %	−5,35 %
Current Ratio	1,7	1,59	1,73	1,52
Quick Ratio	2,33	2,61	2,48	1,69
Equity Ratio	−1,05	−1,53	−1,74	−1,75
Gross Profit Margin	45,49 %	42,64 %	50,55 %	42,76 %