KNUT H RINGSTAD EIENDOM AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

16,73 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 045 000	3 031 000	3 031 000	3 000 000
Net Income	1 426 000	1 447 000	1 450 000	1 410 000
Total Assets	15 744 000	15 898 000	16 101 000	16 509 000
Total Equity	8 525 000	8 100 000	7 652 000	7 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 045 000	3 031 000	3 031 000	3 000 000
Expenditure	945 000	937 000	887 000	871 000
Operating Profit	2 100 000	2 094 000	2 143 000	2 129 000
Financial Income	3 000	0	0	0
Financial Costs	276 000	239 000	285 000	322 000
Financial Balance	−273 000	−239 000	−285 000	−322 000
Earnings Before Tax	1 828 000	1 856 000	1 859 000	1 808 000
Tax	402 000	408 000	409 000	398 000
Net Income	1 426 000	1 447 000	1 450 000	1 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 067 000	13 710 000	14 365 000	15 036 000
Total Current Assets	2 676 000	2 188 000	1 736 000	1 473 000
Total Assets	15 744 000	15 898 000	16 101 000	16 509 000
Total Retained Equity	8 425 000	8 000 000	7 552 000	7 103 000
Total Equity	8 525 000	8 100 000	7 652 000	7 203 000
Total Long-Term Debt	5 591 000	6 185 000	6 775 000	7 701 000
Total Current Debt	1 628 000	1 614 000	1 674 000	1 605 000
Total Equity and Debt	15 744 000	15 898 000	16 101 000	16 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 045 000	3 031 000	3 031 000	3 000 000
Revenue	3 045 000	3 031 000	3 031 000	3 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	643 000	655 000	670 000	679 000
Impairment	0	0	0	0
Expenditure	945 000	937 000	887 000	871 000
Operating Profit	2 100 000	2 094 000	2 143 000	2 129 000
Financial Income	3 000	0	0	0
Financial Costs	276 000	239 000	285 000	322 000
Financial Balance	−273 000	−239 000	−285 000	−322 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	1 426 000	1 447 000	1 450 000	1 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 436 000	10 918 000	11 412 000	15 036 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 067 000	13 710 000	14 365 000	15 036 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 067 000	13 710 000	14 365 000	15 036 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 630 000	2 155 000	1 633 000	1 403 000
Total Current Assets	2 676 000	2 188 000	1 736 000	1 473 000
Total Assets	15 744 000	15 898 000	16 101 000	16 509 000
Total Equity	8 525 000	8 100 000	7 652 000	7 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 591 000	6 185 000	6 775 000	7 701 000
Creditors	10 000	3 000	65 000	2 000
Unpaid Taxes	120 000	121 000	122 000	122 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	52 000	41 000	41 000	53 000
Total Current Debt	1 628 000	1 614 000	1 674 000	1 605 000
Total Equity and Debt	15 744 000	15 898 000	16 101 000	16 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,73 %	17,86 %	18,95 %	19,58 %
Debt-to-Equity Ratio	0,66	0,76	0,89	1,07
Operating Profit Margin	68,97 %	69,09 %	70,7 %	70,97 %
Current Ratio	1,64	1,36	1,04	0,92
Quick Ratio	1,64	1,36	1,04	0,92
Equity Ratio	0,54	0,51	0,48	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %