RINGSTAD GÅRDSELSKAP AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

302,18 %

Current Ratio

0,49

Debt-to-Equity Ratio

48,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 733 000	3 819 000	3 542 000	3 464 000
Net Income	1 248 000	1 531 000	1 550 000	1 307 000
Total Assets	23 874 000	24 359 000	24 813 000	25 171 000
Total Equity	413 000	665 000	1 835 000	1 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 733 000	3 819 000	3 542 000	3 464 000
Expenditure	1 339 000	1 301 000	872 000	959 000
Operating Profit	2 394 000	2 519 000	2 670 000	2 506 000
Financial Income	10 000	11 000	11 000	12 000
Financial Costs	804 000	567 000	693 000	842 000
Financial Balance	−794 000	−556 000	−682 000	−830 000
Earnings Before Tax	1 600 000	1 962 000	1 988 000	1 675 000
Tax	352 000	432 000	438 000	369 000
Net Income	1 248 000	1 531 000	1 550 000	1 307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 284 000	21 750 000	22 250 000	22 536 000
Total Current Assets	1 590 000	2 608 000	2 563 000	2 635 000
Total Assets	23 874 000	24 359 000	24 813 000	25 171 000
Total Retained Equity	313 000	565 000	1 735 000	1 485 000
Total Equity	413 000	665 000	1 835 000	1 585 000
Total Long-Term Debt	20 211 000	20 475 000	19 982 000	20 549 000
Total Current Debt	3 250 000	3 219 000	2 996 000	3 038 000
Total Equity and Debt	23 874 000	24 359 000	24 813 000	25 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 733 000	3 819 000	3 542 000	3 464 000
Revenue	3 733 000	3 819 000	3 542 000	3 464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	405 000	256 000	0	192 000
Depreciation	511 000	500 000	490 000	480 000
Impairment	0	0	0	0
Expenditure	1 339 000	1 301 000	872 000	959 000
Operating Profit	2 394 000	2 519 000	2 670 000	2 506 000
Financial Income	10 000	11 000	11 000	12 000
Financial Costs	804 000	567 000	693 000	842 000
Financial Balance	−794 000	−556 000	−682 000	−830 000
Dividends	1 500 000	2 701 000	1 177 000	1 108 000
Net Income	1 248 000	1 531 000	1 550 000	1 307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 480 000	21 750 000	22 250 000	22 536 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	0	0	0
Total Tangible Assets	21 500 000	21 750 000	22 250 000	22 536 000
Total Fiancial Fixed Assets	784 000	0	0	0
Total Fixed Assets	22 284 000	21 750 000	22 250 000	22 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 430 000	1 295 000	1 199 000	195 000
Total Current Assets	1 590 000	2 608 000	2 563 000	2 635 000
Total Assets	23 874 000	24 359 000	24 813 000	25 171 000
Total Equity	413 000	665 000	1 835 000	1 585 000
Short-Term Group Debt	0	0	158 000	222 000
Total Long-Term Debt	20 211 000	20 475 000	19 982 000	20 549 000
Creditors	30 000	31 000	20 000	70 000
Unpaid Taxes	346 000	324 000	190 000	299 000
Dividends	1 500 000	2 701 000	1 177 000	1 108 000
Other Current Debt	1 011 000	923 000	1 046 000	1 021 000
Total Current Debt	3 250 000	3 219 000	2 996 000	3 038 000
Total Equity and Debt	23 874 000	24 359 000	24 813 000	25 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	302,18 %	230,23 %	84,47 %	82,46 %
Debt-to-Equity Ratio	48,94	30,79	10,89	12,96
Operating Profit Margin	64,13 %	65,96 %	75,38 %	72,34 %
Current Ratio	0,49	0,81	0,86	0,87
Quick Ratio	0,49	0,81	0,86	0,87
Equity Ratio	0,02	0,03	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %