FINANSRINGEN AS

3211 SANDEFJORD

Finances

Return on Equity

310,92 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 110 000	3 338 000	2 220 000	1 985 000
Net Income	740 000	1 387 000	689 000	418 000
Total Assets	1 503 000	2 185 000	1 202 000	987 000
Total Equity	238 000	198 000	111 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 110 000	3 338 000	2 220 000	1 985 000
Expenditure	2 170 000	1 503 000	1 303 000	1 528 000
Operating Profit	941 000	1 836 000	917 000	458 000
Financial Income	55 000	21 000	9 000	22 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	54 000	21 000	8 000	17 000
Earnings Before Tax	995 000	1 857 000	925 000	476 000
Tax	255 000	470 000	236 000	59 000
Net Income	740 000	1 387 000	689 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	239 000	266 000	236 000	251 000
Total Current Assets	1 264 000	1 919 000	966 000	736 000
Total Assets	1 503 000	2 185 000	1 202 000	987 000
Total Retained Equity	138 000	98 000	11 000	212 000
Total Equity	238 000	198 000	111 000	312 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 265 000	1 987 000	1 091 000	674 000
Total Equity and Debt	1 503 000	2 185 000	1 202 000	987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 110 000	3 338 000	2 220 000	1 985 000
Revenue	3 110 000	3 338 000	2 220 000	1 985 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 662 000	1 184 000	958 000	1 143 000
Depreciation	27 000	19 000	14 000	4 000
Impairment	0	0	0	0
Expenditure	2 170 000	1 503 000	1 303 000	1 528 000
Operating Profit	941 000	1 836 000	917 000	458 000
Financial Income	55 000	21 000	9 000	22 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	54 000	21 000	8 000	17 000
Dividends	700 000	1 300 000	680 000	400 000
Net Income	740 000	1 387 000	689 000	418 000

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	28 000	54 000	25 000	39 000
Total Tangible Assets	28 000	54 000	25 000	39 000
Total Fiancial Fixed Assets	211 000	211 000	211 000	211 000
Total Fixed Assets	239 000	266 000	236 000	251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	982 000	1 455 000	356 000	348 000
Total Current Assets	1 264 000	1 919 000	966 000	736 000
Total Assets	1 503 000	2 185 000	1 202 000	987 000
Total Equity	238 000	198 000	111 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	17 000	9 000	8 000	10 000
Unpaid Taxes	178 000	121 000	101 000	61 000
Dividends	700 000	1 300 000	680 000	400 000
Other Current Debt	814 000	1 387 000	746 000	546 000
Total Current Debt	1 265 000	1 987 000	1 091 000	674 000
Total Equity and Debt	1 503 000	2 185 000	1 202 000	987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	310,92 %	700,51 %	620,72 %	133,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,26 %	55 %	41,31 %	23,07 %
Current Ratio	1	0,97	0,89	1,09
Quick Ratio	1	0,97	0,89	1,09
Equity Ratio	0,16	0,09	0,09	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %