RINGVEIEN 206 AS

3223 SANDEFJORD

Finances

Return on Equity

36,45 %

Current Ratio

0,47

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 332 000	714 000	704 000	692 000
Net Income	394 000	−14 000	−8 000	−15 000
Total Assets	5 180 000	7 028 000	6 738 000	6 785 000
Total Equity	1 081 000	888 000	1 001 000	1 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 332 000	714 000	704 000	692 000
Expenditure	646 000	505 000	478 000	462 000
Operating Profit	686 000	209 000	226 000	230 000
Financial Income	77 000	0	0	0
Financial Costs	280 000	226 000	237 000	250 000
Financial Balance	−203 000	−226 000	−237 000	−250 000
Earnings Before Tax	483 000	−17 000	−11 000	−20 000
Tax	90 000	−4 000	−2 000	−4 000
Net Income	394 000	−14 000	−8 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 067 000	6 936 000	6 500 000	6 665 000
Total Current Assets	114 000	92 000	238 000	120 000
Total Assets	5 180 000	7 028 000	6 738 000	6 785 000
Total Retained Equity	979 000	786 000	899 000	924 000
Total Equity	1 081 000	888 000	1 001 000	1 026 000
Total Long-Term Debt	3 856 000	5 958 000	5 584 000	5 717 000
Total Current Debt	242 000	182 000	152 000	42 000
Total Equity and Debt	5 180 000	7 028 000	6 738 000	6 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	911 000	714 000	704 000	692 000
Other Income	421 000	0	0	0
Revenue	1 332 000	714 000	704 000	692 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	165 000	165 000	165 000	154 000
Impairment	0	0	0	0
Expenditure	646 000	505 000	478 000	462 000
Operating Profit	686 000	209 000	226 000	230 000
Financial Income	77 000	0	0	0
Financial Costs	280 000	226 000	237 000	250 000
Financial Balance	−203 000	−226 000	−237 000	−250 000
Dividends	0	0	16 000	0
Net Income	394 000	−14 000	−8 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 016 000	5 760 000	5 925 000	6 090 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 016 000	5 760 000	5 925 000	6 090 000
Total Fiancial Fixed Assets	1 051 000	1 176 000	575 000	575 000
Total Fixed Assets	5 067 000	6 936 000	6 500 000	6 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	0	167 000	10 000
Total Current Assets	114 000	92 000	238 000	120 000
Total Assets	5 180 000	7 028 000	6 738 000	6 785 000
Total Equity	1 081 000	888 000	1 001 000	1 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 856 000	5 958 000	5 584 000	5 717 000
Creditors	109 000	94 000	93 000	38 000
Unpaid Taxes	85 000	45 000	19 000	3 000
Dividends	0	0	16 000	0
Other Current Debt	24 000	41 000	24 000	0
Total Current Debt	242 000	182 000	152 000	42 000
Total Equity and Debt	5 180 000	7 028 000	6 738 000	6 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,45 %	−1,58 %	−0,8 %	−1,46 %
Debt-to-Equity Ratio	3,57	6,71	5,58	5,57
Operating Profit Margin	51,5 %	29,27 %	32,1 %	33,24 %
Current Ratio	0,47	0,51	1,57	2,86
Quick Ratio	0,47	0,51	1,57	2,86
Equity Ratio	0,21	0,13	0,15	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %