SOLSKJERMINGSGRUPPEN RINGFOSS AS

0668 OSLO

Finances

Return on Equity

37,16 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 412 000	42 041 000	35 254 000	34 793 000
Net Income	4 305 000	2 841 000	278 000	120 000
Total Assets	25 673 000	23 932 000	18 118 000	17 419 000
Total Equity	11 586 000	12 579 000	13 928 000	13 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 412 000	42 041 000	35 254 000	34 793 000
Expenditure	48 458 000	38 466 000	34 904 000	34 549 000
Operating Profit	4 953 000	3 574 000	350 000	245 000
Financial Income	797 000	169 000	122 000	51 000
Financial Costs	231 000	100 000	115 000	140 000
Financial Balance	566 000	69 000	7 000	−89 000
Earnings Before Tax	5 518 000	3 643 000	357 000	156 000
Tax	1 214 000	802 000	78 000	36 000
Net Income	4 305 000	2 841 000	278 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 086 000	909 000	698 000	629 000
Total Current Assets	24 587 000	23 023 000	17 420 000	16 790 000
Total Assets	25 673 000	23 932 000	18 118 000	17 419 000
Total Retained Equity	11 381 000	12 374 000	13 723 000	13 445 000
Total Equity	11 586 000	12 579 000	13 928 000	13 650 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 088 000	11 353 000	4 190 000	3 769 000
Total Equity and Debt	25 673 000	23 932 000	18 118 000	17 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 298 000	41 428 000	34 882 000	34 374 000
Other Income	114 000	613 000	372 000	418 000
Revenue	53 412 000	42 041 000	35 254 000	34 793 000
Cost of Goods Sold	30 696 000	24 272 000	22 000 000	21 056 000
Salary Costs	13 292 000	10 751 000	9 385 000	9 929 000
Depreciation	258 000	249 000	194 000	182 000
Impairment	0	0	0	0
Expenditure	48 458 000	38 466 000	34 904 000	34 549 000
Operating Profit	4 953 000	3 574 000	350 000	245 000
Financial Income	797 000	169 000	122 000	51 000
Financial Costs	231 000	100 000	115 000	140 000
Financial Balance	566 000	69 000	7 000	−89 000
Dividends	0	0	0	0
Net Income	4 305 000	2 841 000	278 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	40 000	32 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 053 000	652 000	404 000	598 000
Total Tangible Assets	1 053 000	652 000	404 000	598 000
Total Fiancial Fixed Assets	5 000	217 000	262 000	5 000
Total Fixed Assets	1 086 000	909 000	698 000	629 000
Stock	4 941 000	4 136 000	3 037 000	3 801 000
Total Investments	0	0	0	0
Cash, Bank	12 835 000	15 181 000	12 278 000	10 177 000
Total Current Assets	24 587 000	23 023 000	17 420 000	16 790 000
Total Assets	25 673 000	23 932 000	18 118 000	17 419 000
Total Equity	11 586 000	12 579 000	13 928 000	13 650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 683 000	779 000	1 155 000	765 000
Unpaid Taxes	2 313 000	1 967 000	1 568 000	2 045 000
Dividends	0	0	0	0
Other Current Debt	10 092 000	8 607 000	1 382 000	936 000
Total Current Debt	14 088 000	11 353 000	4 190 000	3 769 000
Total Equity and Debt	25 673 000	23 932 000	18 118 000	17 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,16 %	22,59 %	2 %	0,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,27 %	8,5 %	0,99 %	0,7 %
Current Ratio	1,75	2,03	4,16	4,45
Quick Ratio	2,69	3,19	15,11	−524,69
Equity Ratio	0,45	0,53	0,77	0,78
Gross Profit Margin	42,53 %	42,27 %	37,6 %	39,48 %