RING EL INSTALLASJON AS

0668 OSLO

Finances

Share Ownership

Return on Equity

18,03 %

Current Ratio

6,14

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 811 000	1 921 000	2 012 000	2 048 000
Net Income	490 000	647 000	495 000	477 000
Total Assets	2 975 000	5 220 000	3 772 000	4 550 000
Total Equity	2 717 000	2 227 000	3 505 000	4 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 811 000	1 921 000	2 012 000	2 048 000
Expenditure	1 178 000	1 114 000	1 410 000	1 500 000
Operating Profit	632 000	806 000	603 000	548 000
Financial Income	0	26 000	34 000	64 000
Financial Costs	0	0	0	0
Financial Balance	0	26 000	34 000	64 000
Earnings Before Tax	632 000	832 000	637 000	611 000
Tax	142 000	185 000	142 000	135 000
Net Income	490 000	647 000	495 000	477 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 520 000	1 515 000	354 000	354 000
Total Current Assets	1 454 000	3 704 000	3 419 000	4 196 000
Total Assets	2 975 000	5 220 000	3 772 000	4 550 000
Total Retained Equity	2 617 000	2 127 000	3 405 000	4 134 000
Total Equity	2 717 000	2 227 000	3 505 000	4 234 000
Total Long-Term Debt	21 000	16 000	8 000	8 000
Total Current Debt	237 000	2 977 000	259 000	307 000
Total Equity and Debt	2 975 000	5 220 000	3 772 000	4 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 811 000	1 921 000	2 012 000	2 048 000
Other Income	0	0	0	0
Revenue	1 811 000	1 921 000	2 012 000	2 048 000
Cost of Goods Sold	168 000	246 000	320 000	167 000
Salary Costs	344 000	331 000	496 000	831 000
Depreciation	86 000	68 000	63 000	61 000
Impairment	0	0	0	0
Expenditure	1 178 000	1 114 000	1 410 000	1 500 000
Operating Profit	632 000	806 000	603 000	548 000
Financial Income	0	26 000	34 000	64 000
Financial Costs	0	0	0	0
Financial Balance	0	26 000	34 000	64 000
Dividends	0	0	0	0
Net Income	490 000	647 000	495 000	477 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 239 000	1 229 000	0	0
Machinery and Plant Facilities	114 000	63 000	74 000	19 000
Fixtures	136 000	192 000	248 000	305 000
Total Tangible Assets	1 489 000	1 484 000	323 000	323 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	31 000
Total Fixed Assets	1 520 000	1 515 000	354 000	354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 175 000	3 317 000	3 140 000	3 901 000
Total Current Assets	1 454 000	3 704 000	3 419 000	4 196 000
Total Assets	2 975 000	5 220 000	3 772 000	4 550 000
Total Equity	2 717 000	2 227 000	3 505 000	4 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	16 000	8 000	8 000
Creditors	0	1 242 000	28 000	−1 000
Unpaid Taxes	85 000	80 000	79 000	128 000
Dividends	0	0	0	0
Other Current Debt	15 000	−22 000	10 000	47 000
Total Current Debt	237 000	2 977 000	259 000	307 000
Total Equity and Debt	2 975 000	5 220 000	3 772 000	4 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,03 %	29,05 %	14,12 %	11,27 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	34,9 %	41,96 %	29,97 %	26,76 %
Current Ratio	6,14	1,24	13,2	13,67
Quick Ratio	6,14	1,24	13,2	13,67
Equity Ratio	0,91	0,43	0,93	0,93
Gross Profit Margin	90,72 %	87,19 %	84,1 %	91,85 %