HANDELSHUSET RINGVASSØY AS

9130 HANSNES

Finances

Share Ownership

Return on Equity

107,91 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 063 000	36 355 000	38 351 000	34 019 000
Net Income	3 954 000	749 000	1 760 000	1 415 000
Total Assets	7 218 000	11 715 000	13 428 000	11 987 000
Total Equity	3 664 000	7 511 000	6 761 000	6 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 063 000	36 355 000	38 351 000	34 019 000
Expenditure	34 898 000	35 304 000	35 970 000	32 082 000
Operating Profit	5 165 000	1 049 000	2 380 000	1 937 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	85 000	88 000	125 000	124 000
Financial Balance	−84 000	−88 000	−124 000	−123 000
Earnings Before Tax	5 082 000	961 000	2 256 000	1 814 000
Tax	1 128 000	211 000	497 000	399 000
Net Income	3 954 000	749 000	1 760 000	1 415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	660 000	3 744 000	4 084 000	4 289 000
Total Current Assets	6 558 000	7 971 000	9 344 000	7 698 000
Total Assets	7 218 000	11 715 000	13 428 000	11 987 000
Total Retained Equity	3 564 000	7 411 000	6 661 000	5 902 000
Total Equity	3 664 000	7 511 000	6 761 000	6 002 000
Total Long-Term Debt	332 000	1 594 000	1 945 000	2 308 000
Total Current Debt	3 222 000	2 611 000	4 722 000	3 677 000
Total Equity and Debt	7 218 000	11 715 000	13 428 000	11 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 070 000	35 613 000	37 071 000	32 392 000
Other Income	4 992 000	742 000	1 281 000	1 627 000
Revenue	40 063 000	36 355 000	38 351 000	34 019 000
Cost of Goods Sold	26 872 000	27 714 000	28 316 000	24 693 000
Salary Costs	5 046 000	4 796 000	5 175 000	4 534 000
Depreciation	389 000	473 000	510 000	614 000
Impairment	0	0	0	0
Expenditure	34 898 000	35 304 000	35 970 000	32 082 000
Operating Profit	5 165 000	1 049 000	2 380 000	1 937 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	85 000	88 000	125 000	124 000
Financial Balance	−84 000	−88 000	−124 000	−123 000
Dividends	7 800 000	0	1 000 000	900 000
Net Income	3 954 000	749 000	1 760 000	1 415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	485 000	456 000	440 000
Real Eastate	0	2 811 000	3 005 000	3 277 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	436 000	599 000	540 000
Total Tangible Assets	268 000	3 246 000	3 605 000	3 817 000
Total Fiancial Fixed Assets	392 000	13 000	23 000	33 000
Total Fixed Assets	660 000	3 744 000	4 084 000	4 289 000
Stock	2 828 000	2 811 000	2 800 000	2 506 000
Total Investments	0	0	0	0
Cash, Bank	1 670 000	2 948 000	4 177 000	2 608 000
Total Current Assets	6 558 000	7 971 000	9 344 000	7 698 000
Total Assets	7 218 000	11 715 000	13 428 000	11 987 000
Total Equity	3 664 000	7 511 000	6 761 000	6 002 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	332 000	1 594 000	1 945 000	2 308 000
Creditors	1 550 000	1 419 000	1 893 000	1 222 000
Unpaid Taxes	338 000	259 000	411 000	415 000
Dividends	7 800 000	0	1 000 000	900 000
Other Current Debt	634 000	692 000	905 000	882 000
Total Current Debt	3 222 000	2 611 000	4 722 000	3 677 000
Total Equity and Debt	7 218 000	11 715 000	13 428 000	11 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,91 %	9,97 %	26,03 %	23,58 %
Debt-to-Equity Ratio	0,09	0,21	0,29	0,38
Operating Profit Margin	12,89 %	2,89 %	6,21 %	5,69 %
Current Ratio	2,04	3,05	1,98	2,09
Quick Ratio	16,64	−39,86	4,86	6,57
Equity Ratio	0,51	0,64	0,5	0,5
Gross Profit Margin	32,93 %	23,77 %	26,17 %	27,41 %