RINGVEIEN BORETTSLAG VENNESLA

4700 VENNESLA

Finances

Share Ownership

Return on Equity

165,82 %

Current Ratio

3,86

Debt-to-Equity Ratio

−3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 184 000	1 180 000	1 197 000
Net Income	−5 860 000	256 000	255 000	174 000
Total Assets	8 377 000	6 893 000	6 906 000	6 971 000
Total Equity	−3 534 000	2 326 000	2 070 000	1 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 184 000	1 180 000	1 197 000
Expenditure	6 967 000	761 000	745 000	827 000
Operating Profit	−5 590 000	423 000	435 000	369 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	271 000	167 000	182 000	197 000
Financial Balance	−270 000	−167 000	−181 000	−195 000
Earnings Before Tax	−5 860 000	256 000	255 000	174 000
Tax	0	0	0	0
Net Income	−5 860 000	256 000	255 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 621 000	6 676 000	6 676 000	6 676 000
Total Current Assets	1 756 000	217 000	230 000	295 000
Total Assets	8 377 000	6 893 000	6 906 000	6 971 000
Total Retained Equity	−3 537 000	2 323 000	2 067 000	1 812 000
Total Equity	−3 534 000	2 326 000	2 070 000	1 815 000
Total Long-Term Debt	11 456 000	4 456 000	4 734 000	4 999 000
Total Current Debt	455 000	111 000	102 000	158 000
Total Equity and Debt	8 377 000	6 893 000	6 906 000	6 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 377 000	1 184 000	1 180 000	1 197 000
Revenue	1 377 000	1 184 000	1 180 000	1 197 000
Cost of Goods Sold	0	0	0	0
Salary Costs	122 000	122 000	120 000	122 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 967 000	761 000	745 000	827 000
Operating Profit	−5 590 000	423 000	435 000	369 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	271 000	167 000	182 000	197 000
Financial Balance	−270 000	−167 000	−181 000	−195 000
Dividends	0	0	0	0
Net Income	−5 860 000	256 000	255 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 621 000	6 676 000	6 676 000	6 676 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 621 000	6 676 000	6 676 000	6 676 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 621 000	6 676 000	6 676 000	6 676 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 673 000	138 000	145 000	226 000
Total Current Assets	1 756 000	217 000	230 000	295 000
Total Assets	8 377 000	6 893 000	6 906 000	6 971 000
Total Equity	−3 534 000	2 326 000	2 070 000	1 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 456 000	4 456 000	4 734 000	4 999 000
Creditors	422 000	91 000	82 000	144 000
Unpaid Taxes	5 000	5 000	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	27 000	15 000	15 000	8 000
Total Current Debt	455 000	111 000	102 000	158 000
Total Equity and Debt	8 377 000	6 893 000	6 906 000	6 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	165,82 %	11,01 %	12,32 %	9,59 %
Debt-to-Equity Ratio	−3,24	1,92	2,29	2,75
Operating Profit Margin	−405,95 %	35,73 %	36,86 %	30,83 %
Current Ratio	3,86	1,95	2,25	1,87
Quick Ratio	3,86	1,95	2,25	1,87
Equity Ratio	−0,42	0,34	0,3	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %