BRØDRENE RINGSTAD AS

1890 RAKKESTAD

Finances

Return on Equity

16,77 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	162 681 000	155 530 000	143 448 000	131 737 000
Net Income	3 373 000	3 862 000	3 132 000	−3 398 000
Total Assets	55 742 000	50 084 000	43 931 000	47 926 000
Total Equity	20 117 000	16 744 000	12 882 000	9 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	162 681 000	155 530 000	143 448 000	131 737 000
Expenditure	157 125 000	149 523 000	138 054 000	134 715 000
Operating Profit	5 555 000	6 007 000	5 395 000	−2 979 000
Financial Income	22 000	20 000	23 000	65 000
Financial Costs	1 209 000	1 058 000	1 392 000	1 586 000
Financial Balance	−1 187 000	−1 038 000	−1 369 000	−1 521 000
Earnings Before Tax	4 369 000	4 969 000	4 026 000	−4 500 000
Tax	996 000	1 108 000	894 000	−1 102 000
Net Income	3 373 000	3 862 000	3 132 000	−3 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 501 000	16 391 000	17 693 000	20 448 000
Total Current Assets	40 241 000	33 693 000	26 237 000	27 479 000
Total Assets	55 742 000	50 084 000	43 931 000	47 926 000
Total Retained Equity	16 683 000	13 311 000	12 632 000	9 500 000
Total Equity	20 117 000	16 744 000	12 882 000	9 750 000
Total Long-Term Debt	13 159 000	14 696 000	16 226 000	16 854 000
Total Current Debt	22 466 000	18 644 000	14 823 000	21 322 000
Total Equity and Debt	55 742 000	50 084 000	43 931 000	47 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	162 481 000	155 094 000	143 232 000	131 544 000
Other Income	201 000	436 000	216 000	194 000
Revenue	162 681 000	155 530 000	143 448 000	131 737 000
Cost of Goods Sold	107 028 000	103 120 000	95 445 000	89 304 000
Salary Costs	27 935 000	26 538 000	23 580 000	24 420 000
Depreciation	2 361 000	2 854 000	3 036 000	3 092 000
Impairment	0	0	0	0
Expenditure	157 125 000	149 523 000	138 054 000	134 715 000
Operating Profit	5 555 000	6 007 000	5 395 000	−2 979 000
Financial Income	22 000	20 000	23 000	65 000
Financial Costs	1 209 000	1 058 000	1 392 000	1 586 000
Financial Balance	−1 187 000	−1 038 000	−1 369 000	−1 521 000
Dividends	0	0	0	0
Net Income	3 373 000	3 862 000	3 132 000	−3 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	380 000	761 000
Total Intangible Assets	1 409 000	351 000	1 368 000	2 643 000
Real Eastate	12 019 000	13 304 000	13 830 000	15 368 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 622 000	2 013 000	2 003 000	2 428 000
Total Tangible Assets	13 641 000	15 316 000	15 833 000	17 796 000
Total Fiancial Fixed Assets	451 000	724 000	492 000	9 000
Total Fixed Assets	15 501 000	16 391 000	17 693 000	20 448 000
Stock	17 975 000	17 508 000	12 120 000	11 794 000
Total Investments	0	0	0	0
Cash, Bank	1 062 000	1 020 000	1 625 000	2 839 000
Total Current Assets	40 241 000	33 693 000	26 237 000	27 479 000
Total Assets	55 742 000	50 084 000	43 931 000	47 926 000
Total Equity	20 117 000	16 744 000	12 882 000	9 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 159 000	14 696 000	16 226 000	16 854 000
Creditors	8 619 000	4 668 000	4 531 000	4 913 000
Unpaid Taxes	3 817 000	3 626 000	3 852 000	4 022 000
Dividends	0	0	0	0
Other Current Debt	7 494 000	9 879 000	6 439 000	12 386 000
Total Current Debt	22 466 000	18 644 000	14 823 000	21 322 000
Total Equity and Debt	55 742 000	50 084 000	43 931 000	47 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,77 %	23,06 %	24,31 %	−34,85 %
Debt-to-Equity Ratio	0,65	0,88	1,26	1,73
Operating Profit Margin	3,41 %	3,86 %	3,76 %	−2,26 %
Current Ratio	1,79	1,81	1,77	1,29
Quick Ratio	8,96	29,66	9,71	2,88
Equity Ratio	0,36	0,33	0,29	0,2
Gross Profit Margin	34,21 %	33,7 %	33,46 %	32,21 %