RINGERUD DRIFT AS

3516 HØNEFOSS

Finances

Return on Equity

224,9 %

Current Ratio

3,41

Debt-to-Equity Ratio

−15,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 621 000	4 406 000	1 241 000	0
Net Income	−1 102 000	260 000	−290 000	0
Total Assets	7 937 000	7 300 000	7 309 000	1 242 000
Total Equity	−490 000	612 000	352 000	1 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 621 000	4 406 000	1 241 000	0
Expenditure	3 679 000	4 056 000	1 231 000	4 000
Operating Profit	−1 059 000	350 000	10 000	−4 000
Financial Income	0	9 000	1 000	3 000
Financial Costs	17 000	18 000	306 000	0
Financial Balance	−17 000	−9 000	−305 000	3 000
Earnings Before Tax	−1 075 000	341 000	−295 000	−1 000
Tax	27 000	81 000	−5 000	−1 000
Net Income	−1 102 000	260 000	−290 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 885 000	6 255 000	5 527 000	428 000
Total Current Assets	2 052 000	1 045 000	1 782 000	814 000
Total Assets	7 937 000	7 300 000	7 309 000	1 242 000
Total Retained Equity	−590 000	512 000	252 000	1 141 000
Total Equity	−490 000	612 000	352 000	1 241 000
Total Long-Term Debt	7 826 000	5 976 000	6 276 000	0
Total Current Debt	601 000	712 000	682 000	0
Total Equity and Debt	7 937 000	7 300 000	7 309 000	1 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 386 000	3 772 000	793 000	0
Other Income	235 000	634 000	447 000	0
Revenue	2 621 000	4 406 000	1 241 000	0
Cost of Goods Sold	1 418 000	1 325 000	628 000	0
Salary Costs	793 000	1 014 000	170 000	0
Depreciation	792 000	724 000	236 000	0
Impairment	0	0	0	0
Expenditure	3 679 000	4 056 000	1 231 000	4 000
Operating Profit	−1 059 000	350 000	10 000	−4 000
Financial Income	0	9 000	1 000	3 000
Financial Costs	17 000	18 000	306 000	0
Financial Balance	−17 000	−9 000	−305 000	3 000
Dividends	0	0	600 000	0
Net Income	−1 102 000	260 000	−290 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	108 000	103 000
Real Eastate	2 702 000	2 608 000	2 743 000	25 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 183 000	3 620 000	2 676 000	0
Total Tangible Assets	5 885 000	6 228 000	5 419 000	25 000
Total Fiancial Fixed Assets	0	0	0	300 000
Total Fixed Assets	5 885 000	6 255 000	5 527 000	428 000
Stock	1 799 000	597 000	836 000	0
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	75 000	370 000	873 000	758 000
Total Current Assets	2 052 000	1 045 000	1 782 000	814 000
Total Assets	7 937 000	7 300 000	7 309 000	1 242 000
Total Equity	−490 000	612 000	352 000	1 241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 826 000	5 976 000	6 276 000	0
Creditors	85 000	113 000	75 000	0
Unpaid Taxes	130 000	53 000	54 000	0
Dividends	0	0	600 000	0
Other Current Debt	163 000	546 000	553 000	0
Total Current Debt	601 000	712 000	682 000	0
Total Equity and Debt	7 937 000	7 300 000	7 309 000	1 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,9 %	42,48 %	−82,39 %	0 %
Debt-to-Equity Ratio	−15,97	9,76	17,83	0
Operating Profit Margin	−40,4 %	7,94 %	0,81 %	-
Current Ratio	3,41	1,47	2,61	-
Quick Ratio	−1,71	9,09	−11,57	-
Equity Ratio	−0,06	0,08	0,05	1
Gross Profit Margin	45,9 %	69,93 %	49,4 %	-