RINGERIKES KORNSILO SA

3513 HØNEFOSS

Finances

Return on Equity

14,88 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 054 000	113 862 000	118 464 000	83 870 000
Net Income	4 115 000	2 245 000	3 723 000	2 152 000
Total Assets	61 589 000	50 941 000	48 012 000	45 755 000
Total Equity	27 661 000	25 889 000	25 458 000	23 601 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 054 000	113 862 000	118 464 000	83 870 000
Expenditure	166 412 000	111 176 000	113 851 000	81 221 000
Operating Profit	5 643 000	2 687 000	4 614 000	2 650 000
Financial Income	168 000	137 000	132 000	136 000
Financial Costs	1 096 000	427 000	460 000	421 000
Financial Balance	−928 000	−290 000	−328 000	−285 000
Earnings Before Tax	4 715 000	2 396 000	4 285 000	2 365 000
Tax	600 000	152 000	562 000	214 000
Net Income	4 115 000	2 245 000	3 723 000	2 152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 125 000	12 929 000	12 964 000	13 574 000
Total Current Assets	49 464 000	38 011 000	35 048 000	32 181 000
Total Assets	61 589 000	50 941 000	48 012 000	45 755 000
Total Retained Equity	25 801 000	24 035 000	23 600 000	21 748 000
Total Equity	27 661 000	25 889 000	25 458 000	23 601 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 928 000	25 052 000	22 554 000	22 154 000
Total Equity and Debt	61 589 000	50 941 000	48 012 000	45 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 632 000	113 522 000	118 143 000	83 563 000
Other Income	422 000	340 000	321 000	307 000
Revenue	172 054 000	113 862 000	118 464 000	83 870 000
Cost of Goods Sold	155 477 000	102 071 000	104 967 000	73 227 000
Salary Costs	3 383 000	3 196 000	3 229 000	2 950 000
Depreciation	854 000	786 000	758 000	875 000
Impairment	0	0	0	0
Expenditure	166 412 000	111 176 000	113 851 000	81 221 000
Operating Profit	5 643 000	2 687 000	4 614 000	2 650 000
Financial Income	168 000	137 000	132 000	136 000
Financial Costs	1 096 000	427 000	460 000	421 000
Financial Balance	−928 000	−290 000	−328 000	−285 000
Dividends	2 350 000	1 810 000	1 871 000	1 510 000
Net Income	4 115 000	2 245 000	3 723 000	2 152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	243 000	194 000	224 000	182 000
Real Eastate	9 265 000	9 981 000	10 697 000	9 980 000
Machinery and Plant Facilities	613 000	729 000	96 000	0
Fixtures	32 000	53 000	75 000	1 540 000
Total Tangible Assets	9 910 000	10 763 000	10 868 000	11 520 000
Total Fiancial Fixed Assets	1 973 000	1 973 000	1 872 000	1 872 000
Total Fixed Assets	12 125 000	12 929 000	12 964 000	13 574 000
Stock	36 610 000	30 907 000	26 758 000	24 857 000
Total Investments	0	0	0	0
Cash, Bank	240 000	257 000	209 000	182 000
Total Current Assets	49 464 000	38 011 000	35 048 000	32 181 000
Total Assets	61 589 000	50 941 000	48 012 000	45 755 000
Total Equity	27 661 000	25 889 000	25 458 000	23 601 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 962 000	1 696 000	2 384 000	2 498 000
Unpaid Taxes	2 698 000	1 242 000	2 141 000	1 819 000
Dividends	2 350 000	1 810 000	1 871 000	1 510 000
Other Current Debt	2 968 000	2 308 000	2 361 000	1 878 000
Total Current Debt	33 928 000	25 052 000	22 554 000	22 154 000
Total Equity and Debt	61 589 000	50 941 000	48 012 000	45 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,88 %	8,67 %	14,62 %	9,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,28 %	2,36 %	3,89 %	3,16 %
Current Ratio	1,46	1,52	1,55	1,45
Quick Ratio	−18,44	−6,49	−8,34	−11,91
Equity Ratio	0,45	0,51	0,53	0,52
Gross Profit Margin	9,63 %	10,36 %	11,39 %	12,69 %