RING AS

4044 HAFRSFJORD

Finances

Share Ownership

Return on Equity

8,56 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	890 000	575 000	723 000
Net Income	22 000	−6 000	−32 000	37 000
Total Assets	666 000	573 000	495 000	609 000
Total Equity	257 000	235 000	241 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	890 000	575 000	723 000
Expenditure	717 000	898 000	608 000	688 000
Operating Profit	22 000	−8 000	−33 000	35 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	1 000	2 000
Earnings Before Tax	26 000	−6 000	−32 000	37 000
Tax	4 000	0	0	0
Net Income	22 000	−6 000	−32 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	−5 000	−5 000	0
Total Current Assets	666 000	578 000	500 000	608 000
Total Assets	666 000	573 000	495 000	609 000
Total Retained Equity	157 000	135 000	141 000	173 000
Total Equity	257 000	235 000	241 000	273 000
Total Long-Term Debt	5 000	2 000	2 000	2 000
Total Current Debt	404 000	337 000	252 000	333 000
Total Equity and Debt	666 000	573 000	495 000	609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	740 000	890 000	575 000	723 000
Other Income	0	0	0	0
Revenue	740 000	890 000	575 000	723 000
Cost of Goods Sold	0	0	0	0
Salary Costs	523 000	653 000	413 000	484 000
Depreciation	0	0	6 000	7 000
Impairment	0	0	0	0
Expenditure	717 000	898 000	608 000	688 000
Operating Profit	22 000	−8 000	−33 000	35 000
Financial Income	3 000	2 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	1 000	2 000
Dividends	0	0	0	0
Net Income	22 000	−6 000	−32 000	37 000

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	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	0	−5 000	−5 000	−5 000
Total Fixed Assets	0	−5 000	−5 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	654 000	692 000	376 000	437 000
Total Current Assets	666 000	578 000	500 000	608 000
Total Assets	666 000	573 000	495 000	609 000
Total Equity	257 000	235 000	241 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	2 000	2 000	2 000
Creditors	0	0	19 000	0
Unpaid Taxes	216 000	269 000	163 000	187 000
Dividends	0	0	0	0
Other Current Debt	182 000	67 000	76 000	146 000
Total Current Debt	404 000	337 000	252 000	333 000
Total Equity and Debt	666 000	573 000	495 000	609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,56 %	−2,55 %	−13,28 %	13,55 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0,01
Operating Profit Margin	2,97 %	−0,9 %	−5,74 %	4,84 %
Current Ratio	1,65	1,72	1,98	1,83
Quick Ratio	1,65	1,72	1,98	1,83
Equity Ratio	0,39	0,41	0,49	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %