RINGELIEN AS

2863 VESTSIDA

Finances

Share Ownership

Return on Equity

28 %

Current Ratio

4,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 000	122 000	99 000	167 000
Net Income	42 000	19 000	4 000	−9 000
Total Assets	190 000	207 000	149 000	108 000
Total Equity	150 000	108 000	89 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 000	122 000	99 000	167 000
Expenditure	133 000	97 000	95 000	181 000
Operating Profit	53 000	24 000	4 000	−13 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	54 000	25 000	5 000	−12 000
Tax	12 000	5 000	1 000	−3 000
Net Income	42 000	19 000	4 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	18 000	24 000	25 000
Total Current Assets	183 000	188 000	125 000	83 000
Total Assets	190 000	207 000	149 000	108 000
Total Retained Equity	0	−42 000	−61 000	−65 000
Total Equity	150 000	108 000	89 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	99 000	60 000	23 000
Total Equity and Debt	190 000	207 000	149 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	181 000	122 000	99 000	167 000
Other Income	6 000	0	0	0
Revenue	187 000	122 000	99 000	167 000
Cost of Goods Sold	1 000	0	4 000	46 000
Salary Costs	16 000	3 000	3 000	12 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	133 000	97 000	95 000	181 000
Operating Profit	53 000	24 000	4 000	−13 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	42 000	19 000	4 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	15 000	21 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	7 000	18 000	24 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	181 000	122 000	140 000
Total Current Assets	183 000	188 000	125 000	83 000
Total Assets	190 000	207 000	149 000	108 000
Total Equity	150 000	108 000	89 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	10 000	11 000	0
Unpaid Taxes	4 000	1 000	1 000	5 000
Dividends	0	0	0	0
Other Current Debt	36 000	88 000	48 000	18 000
Total Current Debt	40 000	99 000	60 000	23 000
Total Equity and Debt	190 000	207 000	149 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28 %	17,59 %	4,49 %	−10,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,34 %	19,67 %	4,04 %	−7,78 %
Current Ratio	4,58	1,9	2,08	3,61
Quick Ratio	4,58	1,9	2,08	3,61
Equity Ratio	0,79	0,52	0,6	0,79
Gross Profit Margin	99,47 %	100 %	95,96 %	72,46 %