RINGEN BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

2,94 %

Current Ratio

4,58

Debt-to-Equity Ratio

3,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 394 000	2 267 000	2 047 000	2 047 000
Net Income	123 000	672 000	−756 000	400 000
Total Assets	16 997 000	17 087 000	16 988 000	17 968 000
Total Equity	4 179 000	4 057 000	3 384 000	4 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 394 000	2 267 000	2 047 000	2 047 000
Expenditure	1 965 000	1 356 000	2 515 000	1 292 000
Operating Profit	430 000	911 000	−467 000	755 000
Financial Income	11 000	11 000	11 000	12 000
Financial Costs	319 000	250 000	301 000	367 000
Financial Balance	−308 000	−239 000	−290 000	−355 000
Earnings Before Tax	123 000	672 000	−756 000	400 000
Tax	0	0	0	0
Net Income	123 000	672 000	−756 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 890 000	15 969 000	16 047 000	16 126 000
Total Current Assets	1 108 000	1 118 000	940 000	1 842 000
Total Assets	16 997 000	17 087 000	16 988 000	17 968 000
Total Retained Equity	4 175 000	4 052 000	3 380 000	4 136 000
Total Equity	4 179 000	4 057 000	3 384 000	4 141 000
Total Long-Term Debt	12 576 000	12 983 000	13 410 000	13 813 000
Total Current Debt	242 000	47 000	193 000	14 000
Total Equity and Debt	16 997 000	17 087 000	16 988 000	17 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 394 000	0	0	0
Other Income	0	2 267 000	2 047 000	2 047 000
Revenue	2 394 000	2 267 000	2 047 000	2 047 000
Cost of Goods Sold	0	0	0	0
Salary Costs	126 000	128 000	126 000	128 000
Depreciation	79 000	79 000	79 000	79 000
Impairment	0	0	0	0
Expenditure	1 965 000	1 356 000	2 515 000	1 292 000
Operating Profit	430 000	911 000	−467 000	755 000
Financial Income	11 000	11 000	11 000	12 000
Financial Costs	319 000	250 000	301 000	367 000
Financial Balance	−308 000	−239 000	−290 000	−355 000
Dividends	0	0	0	0
Net Income	123 000	672 000	−756 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 890 000	15 890 000	15 890 000	15 890 000
Machinery and Plant Facilities	0	79 000	157 000	236 000
Fixtures	0	0	0	0
Total Tangible Assets	15 890 000	15 969 000	16 047 000	16 126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 890 000	15 969 000	16 047 000	16 126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	840 000	1 055 000	819 000	1 840 000
Total Current Assets	1 108 000	1 118 000	940 000	1 842 000
Total Assets	16 997 000	17 087 000	16 988 000	17 968 000
Total Equity	4 179 000	4 057 000	3 384 000	4 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 576 000	12 983 000	13 410 000	13 813 000
Creditors	167 000	16 000	182 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	75 000	32 000	11 000	14 000
Total Current Debt	242 000	47 000	193 000	14 000
Total Equity and Debt	16 997 000	17 087 000	16 988 000	17 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,94 %	16,56 %	−22,34 %	9,66 %
Debt-to-Equity Ratio	3,01	3,2	3,96	3,34
Operating Profit Margin	17,96 %	40,19 %	−22,81 %	36,88 %
Current Ratio	4,58	23,79	4,87	131,57
Quick Ratio	4,58	23,79	4,87	131,57
Equity Ratio	0,25	0,24	0,2	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %