RINGVEIEN BORETTSLAG

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

5,97 %

Current Ratio

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 489 000	10 425 000	10 202 000	9 688 000
Net Income	1 587 000	2 742 000	−1 006 000	−8 541 000
Total Assets	70 639 000	70 947 000	70 744 000	71 099 000
Total Equity	26 563 000	24 976 000	22 234 000	23 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 489 000	10 425 000	10 202 000	9 688 000
Expenditure	8 311 000	7 266 000	20 967 000	17 595 000
Operating Profit	2 179 000	3 159 000	−282 000	−7 908 000
Financial Income	3 000	3 000	14 000	21 000
Financial Costs	595 000	421 000	1 463 000	654 000
Financial Balance	−592 000	−418 000	−1 449 000	−633 000
Earnings Before Tax	1 587 000	2 742 000	−2 012 000	−8 541 000
Tax	0	0	0	0
Net Income	1 587 000	2 742 000	−1 006 000	−8 541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 746 000	69 931 000	69 900 000	69 876 000
Total Current Assets	893 000	1 016 000	845 000	1 223 000
Total Assets	70 639 000	70 947 000	70 744 000	71 099 000
Total Retained Equity	26 544 000	24 956 000	44 429 000	23 220 000
Total Equity	26 563 000	24 976 000	22 234 000	23 240 000
Total Long-Term Debt	43 180 000	45 531 000	47 491 000	46 555 000
Total Current Debt	896 000	440 000	1 019 000	1 303 000
Total Equity and Debt	70 639 000	70 947 000	70 744 000	71 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 489 000	10 425 000	20 404 000	9 688 000
Revenue	10 489 000	10 425 000	10 202 000	9 688 000
Cost of Goods Sold	0	0	0	0
Salary Costs	272 000	314 000	747 000	468 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 311 000	7 266 000	20 967 000	17 595 000
Operating Profit	2 179 000	3 159 000	−282 000	−7 908 000
Financial Income	3 000	3 000	14 000	21 000
Financial Costs	595 000	421 000	1 463 000	654 000
Financial Balance	−592 000	−418 000	−1 449 000	−633 000
Dividends	0	0	0	0
Net Income	1 587 000	2 742 000	−1 006 000	−8 541 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	69 746 000	69 746 000	139 491 000	69 746 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	69 746 000	69 746 000	139 491 000	69 746 000
Total Fiancial Fixed Assets	0	185 000	308 000	130 000
Total Fixed Assets	69 746 000	69 931 000	69 900 000	69 876 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	647 000	736 000	1 147 000	1 136 000
Total Current Assets	893 000	1 016 000	845 000	1 223 000
Total Assets	70 639 000	70 947 000	70 744 000	71 099 000
Total Equity	26 563 000	24 976 000	22 234 000	23 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 180 000	45 531 000	47 491 000	46 555 000
Creditors	653 000	190 000	595 000	1 052 000
Unpaid Taxes	4 000	6 000	26 000	13 000
Dividends	0	0	0	0
Other Current Debt	239 000	245 000	1 418 000	239 000
Total Current Debt	896 000	440 000	1 019 000	1 303 000
Total Equity and Debt	70 639 000	70 947 000	70 744 000	71 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,97 %	10,98 %	−4,52 %	−36,75 %
Debt-to-Equity Ratio	1,63	1,82	2,14	2
Operating Profit Margin	20,77 %	30,3 %	−2,76 %	−81,63 %
Current Ratio	1	2,31	0,83	0,94
Quick Ratio	1	2,31	0,83	0,94
Equity Ratio	0,38	0,35	0,31	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %