RINGO ÅFJORD AS

7170 ÅFJORD

Finances

Return on Equity

10,02 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 351 000	4 497 000	4 139 000	3 540 000
Net Income	64 000	196 000	278 000	32 000
Total Assets	1 461 000	1 385 000	1 198 000	1 257 000
Total Equity	639 000	574 000	379 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 351 000	4 497 000	4 139 000	3 540 000
Expenditure	4 158 000	4 235 000	3 797 000	3 440 000
Operating Profit	194 000	262 000	342 000	100 000
Financial Income	0	0	0	0
Financial Costs	43 000	48 000	64 000	69 000
Financial Balance	−43 000	−48 000	−64 000	−69 000
Earnings Before Tax	151 000	214 000	278 000	32 000
Tax	87 000	18 000	0	0
Net Income	64 000	196 000	278 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	59 000	91 000	124 000
Total Current Assets	1 420 000	1 327 000	1 107 000	1 134 000
Total Assets	1 461 000	1 385 000	1 198 000	1 257 000
Total Retained Equity	439 000	374 000	179 000	−100 000
Total Equity	639 000	574 000	379 000	100 000
Total Long-Term Debt	154 000	226 000	246 000	278 000
Total Current Debt	668 000	584 000	573 000	878 000
Total Equity and Debt	1 461 000	1 385 000	1 198 000	1 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 351 000	4 497 000	4 097 000	3 531 000
Other Income	0	0	42 000	9 000
Revenue	4 351 000	4 497 000	4 139 000	3 540 000
Cost of Goods Sold	2 655 000	2 824 000	2 472 000	2 038 000
Salary Costs	936 000	791 000	727 000	728 000
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	4 158 000	4 235 000	3 797 000	3 440 000
Operating Profit	194 000	262 000	342 000	100 000
Financial Income	0	0	0	0
Financial Costs	43 000	48 000	64 000	69 000
Financial Balance	−43 000	−48 000	−64 000	−69 000
Dividends	0	0	0	0
Net Income	64 000	196 000	278 000	32 000

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	16 000	49 000	81 000	114 000
Total Tangible Assets	16 000	49 000	81 000	114 000
Total Fiancial Fixed Assets	25 000	10 000	10 000	10 000
Total Fixed Assets	41 000	59 000	91 000	124 000
Stock	1 315 000	1 173 000	995 000	1 018 000
Total Investments	0	0	0	0
Cash, Bank	81 000	117 000	78 000	48 000
Total Current Assets	1 420 000	1 327 000	1 107 000	1 134 000
Total Assets	1 461 000	1 385 000	1 198 000	1 257 000
Total Equity	639 000	574 000	379 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	154 000	226 000	246 000	278 000
Creditors	219 000	342 000	240 000	378 000
Unpaid Taxes	233 000	148 000	166 000	144 000
Dividends	0	0	0	0
Other Current Debt	113 000	93 000	82 000	73 000
Total Current Debt	668 000	584 000	573 000	878 000
Total Equity and Debt	1 461 000	1 385 000	1 198 000	1 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,02 %	34,15 %	73,35 %	32 %
Debt-to-Equity Ratio	0,24	0,39	0,65	2,78
Operating Profit Margin	4,46 %	5,83 %	8,26 %	2,82 %
Current Ratio	2,13	2,27	1,93	1,29
Quick Ratio	−2,19	−2,25	−2,62	−8,1
Equity Ratio	0,44	0,41	0,32	0,08
Gross Profit Margin	38,98 %	37,2 %	40,28 %	42,43 %