RING RADIOSYSTEMER AS

1396 BILLINGSTAD

Finances

Return on Equity

−1,94 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 803 000	15 196 000	14 205 000	12 441 000
Net Income	−8 000	−25 000	650 000	−522 000
Total Assets	5 256 000	2 869 000	2 260 000	1 976 000
Total Equity	413 000	421 000	193 000	−907 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 803 000	15 196 000	14 205 000	12 441 000
Expenditure	23 782 000	15 252 000	13 513 000	12 920 000
Operating Profit	20 000	−55 000	692 000	−479 000
Financial Income	3 000	3 000	4 000	2 000
Financial Costs	31 000	44 000	46 000	46 000
Financial Balance	−28 000	−41 000	−42 000	−44 000
Earnings Before Tax	−8 000	−97 000	650 000	−522 000
Tax	0	−71 000	0	0
Net Income	−8 000	−25 000	650 000	−522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	80 000	80 000	80 000
Total Current Assets	5 177 000	2 789 000	2 181 000	1 896 000
Total Assets	5 256 000	2 869 000	2 260 000	1 976 000
Total Retained Equity	−392 000	−384 000	−359 000	−1 009 000
Total Equity	413 000	421 000	193 000	−907 000
Total Long-Term Debt	253 000	436 000	419 000	205 000
Total Current Debt	4 590 000	2 011 000	1 648 000	2 678 000
Total Equity and Debt	5 256 000	2 869 000	2 260 000	1 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 423 000	13 595 000	12 123 000	9 894 000
Other Income	3 380 000	1 601 000	2 082 000	2 548 000
Revenue	23 803 000	15 196 000	14 205 000	12 441 000
Cost of Goods Sold	16 850 000	11 501 000	9 911 000	8 379 000
Salary Costs	4 148 000	1 906 000	2 039 000	3 258 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 782 000	15 252 000	13 513 000	12 920 000
Operating Profit	20 000	−55 000	692 000	−479 000
Financial Income	3 000	3 000	4 000	2 000
Financial Costs	31 000	44 000	46 000	46 000
Financial Balance	−28 000	−41 000	−42 000	−44 000
Dividends	0	0	0	0
Net Income	−8 000	−25 000	650 000	−522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	80 000	80 000	80 000	80 000
Total Fixed Assets	80 000	80 000	80 000	80 000
Stock	831 000	413 000	235 000	309 000
Total Investments	0	0	0	0
Cash, Bank	743 000	55 000	55 000	516 000
Total Current Assets	5 177 000	2 789 000	2 181 000	1 896 000
Total Assets	5 256 000	2 869 000	2 260 000	1 976 000
Total Equity	413 000	421 000	193 000	−907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	253 000	436 000	419 000	205 000
Creditors	3 219 000	1 599 000	1 167 000	1 845 000
Unpaid Taxes	758 000	137 000	261 000	408 000
Dividends	0	0	0	0
Other Current Debt	613 000	234 000	169 000	426 000
Total Current Debt	4 590 000	2 011 000	1 648 000	2 678 000
Total Equity and Debt	5 256 000	2 869 000	2 260 000	1 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,94 %	−5,94 %	336,79 %	57,55 %
Debt-to-Equity Ratio	0,61	1,04	2,17	−0,23
Operating Profit Margin	0,08 %	−0,36 %	4,87 %	−3,85 %
Current Ratio	1,13	1,39	1,32	0,71
Quick Ratio	1,38	1,75	1,54	0,8
Equity Ratio	0,08	0,15	0,09	−0,46
Gross Profit Margin	29,21 %	24,32 %	30,23 %	32,65 %