RING INTERIØR AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

24,27 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 474 000	2 452 000	1 791 000	3 604 000
Net Income	116 000	121 000	44 000	39 000
Total Assets	1 105 000	919 000	586 000	672 000
Total Equity	478 000	362 000	241 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 474 000	2 452 000	1 791 000	3 604 000
Expenditure	3 363 000	2 319 000	1 745 000	3 558 000
Operating Profit	110 000	133 000	46 000	45 000
Financial Income	25 000	0	3 000	3 000
Financial Costs	19 000	12 000	5 000	10 000
Financial Balance	6 000	−12 000	−2 000	−7 000
Earnings Before Tax	116 000	121 000	44 000	39 000
Tax	0	0	0	0
Net Income	116 000	121 000	44 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	600 000	0	0
Total Current Assets	574 000	319 000	586 000	672 000
Total Assets	1 105 000	919 000	586 000	672 000
Total Retained Equity	118 000	2 000	−119 000	−162 000
Total Equity	478 000	362 000	241 000	198 000
Total Long-Term Debt	400 000	450 000	0	0
Total Current Debt	227 000	107 000	344 000	475 000
Total Equity and Debt	1 105 000	919 000	586 000	672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 474 000	2 452 000	1 791 000	3 604 000
Other Income	0	0	0	0
Revenue	3 474 000	2 452 000	1 791 000	3 604 000
Cost of Goods Sold	2 317 000	1 819 000	1 239 000	2 593 000
Salary Costs	749 000	314 000	351 000	765 000
Depreciation	69 000	36 000	0	0
Impairment	0	0	0	0
Expenditure	3 363 000	2 319 000	1 745 000	3 558 000
Operating Profit	110 000	133 000	46 000	45 000
Financial Income	25 000	0	3 000	3 000
Financial Costs	19 000	12 000	5 000	10 000
Financial Balance	6 000	−12 000	−2 000	−7 000
Dividends	0	0	0	0
Net Income	116 000	121 000	44 000	39 000

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	531 000	600 000	0	0
Total Tangible Assets	531 000	600 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	531 000	600 000	0	0
Stock	441 000	317 000	287 000	518 000
Total Investments	0	0	0	0
Cash, Bank	22 000	−139 000	−3 000	−55 000
Total Current Assets	574 000	319 000	586 000	672 000
Total Assets	1 105 000	919 000	586 000	672 000
Total Equity	478 000	362 000	241 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	450 000	0	0
Creditors	27 000	34 000	145 000	332 000
Unpaid Taxes	124 000	48 000	103 000	72 000
Dividends	0	0	0	0
Other Current Debt	77 000	24 000	97 000	70 000
Total Current Debt	227 000	107 000	344 000	475 000
Total Equity and Debt	1 105 000	919 000	586 000	672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,27 %	33,43 %	18,26 %	19,7 %
Debt-to-Equity Ratio	0,84	1,24	0	0
Operating Profit Margin	3,17 %	5,42 %	2,57 %	1,25 %
Current Ratio	2,53	2,98	1,7	1,41
Quick Ratio	−2,68	−1,52	10,28	−15,63
Equity Ratio	0,43	0,39	0,41	0,29
Gross Profit Margin	33,3 %	25,82 %	30,82 %	28,05 %