RINGO FØRDE AS

6800 FØRDE

Finances

Return on Equity

8,79 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 045 000	4 617 000	4 098 000	4 032 000
Net Income	121 000	247 000	110 000	111 000
Total Assets	1 902 000	1 185 000	1 129 000	1 338 000
Total Equity	1 377 000	1 256 000	1 009 000	899 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 045 000	4 617 000	4 098 000	4 032 000
Expenditure	3 892 000	4 301 000	3 956 000	3 891 000
Operating Profit	154 000	316 000	142 000	141 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	1 000	−1 000	1 000
Earnings Before Tax	155 000	317 000	142 000	142 000
Tax	34 000	70 000	31 000	31 000
Net Income	121 000	247 000	110 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	8 000	12 000	21 000
Total Current Assets	1 887 000	1 177 000	1 117 000	1 317 000
Total Assets	1 902 000	1 185 000	1 129 000	1 338 000
Total Retained Equity	1 277 000	1 156 000	909 000	799 000
Total Equity	1 377 000	1 256 000	1 009 000	899 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	525 000	−71 000	120 000	440 000
Total Equity and Debt	1 902 000	1 185 000	1 129 000	1 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 045 000	4 617 000	4 089 000	4 032 000
Other Income	0	0	9 000	0
Revenue	4 045 000	4 617 000	4 098 000	4 032 000
Cost of Goods Sold	1 881 000	2 331 000	2 123 000	2 044 000
Salary Costs	1 281 000	1 268 000	1 148 000	1 207 000
Depreciation	3 000	4 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	3 892 000	4 301 000	3 956 000	3 891 000
Operating Profit	154 000	316 000	142 000	141 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	1 000	−1 000	1 000
Dividends	0	0	0	300 000
Net Income	121 000	247 000	110 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	5 000	5 000
Real Eastate	0	0	0	5 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	7 000	11 000
Total Tangible Assets	0	3 000	7 000	16 000
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	14 000	8 000	12 000	21 000
Stock	874 000	640 000	311 000	463 000
Total Investments	0	0	0	0
Cash, Bank	993 000	525 000	804 000	851 000
Total Current Assets	1 887 000	1 177 000	1 117 000	1 317 000
Total Assets	1 902 000	1 185 000	1 129 000	1 338 000
Total Equity	1 377 000	1 256 000	1 009 000	899 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	382 000	651 000	463 000	360 000
Unpaid Taxes	302 000	313 000	375 000	345 000
Dividends	0	0	0	300 000
Other Current Debt	108 000	106 000	195 000	100 000
Total Current Debt	525 000	−71 000	120 000	440 000
Total Equity and Debt	1 902 000	1 185 000	1 129 000	1 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,79 %	19,67 %	10,9 %	12,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,81 %	6,84 %	3,47 %	3,5 %
Current Ratio	3,59	−16,58	9,31	2,99
Quick Ratio	−5,41	−1,66	−5,85	−57,26
Equity Ratio	0,72	1,06	0,89	0,67
Gross Profit Margin	53,5 %	49,51 %	48,19 %	49,31 %