RINGWAY AS

0271 OSLO

Finances

Return on Equity

−1,7 %

Current Ratio

62,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	907 000	793 000	435 000	0
Net Income	−816 000	3 185 000	3 845 000	42 718 000
Total Assets	48 691 000	55 474 000	54 486 000	51 839 000
Total Equity	48 041 000	50 857 000	53 172 000	50 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	907 000	793 000	435 000	0
Expenditure	1 346 000	1 045 000	486 000	428 000
Operating Profit	−438 000	−252 000	−51 000	−428 000
Financial Income	4 266 000	4 056 000	4 588 000	43 713 000
Financial Costs	4 677 000	471 000	608 000	555 000
Financial Balance	−411 000	3 585 000	3 980 000	43 158 000
Earnings Before Tax	−849 000	3 332 000	3 929 000	42 729 000
Tax	−33 000	147 000	84 000	11 000
Net Income	−816 000	3 185 000	3 845 000	42 718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 354 000	11 519 000	10 825 000	9 499 000
Total Current Assets	38 337 000	43 955 000	43 661 000	42 340 000
Total Assets	48 691 000	55 474 000	54 486 000	51 839 000
Total Retained Equity	47 940 000	50 756 000	53 071 000	50 226 000
Total Equity	48 041 000	50 857 000	53 172 000	50 327 000
Total Long-Term Debt	32 000	0	7 000	8 000
Total Current Debt	618 000	4 617 000	1 307 000	1 504 000
Total Equity and Debt	48 691 000	55 474 000	54 486 000	51 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	907 000	793 000	135 000	0
Other Income	0	0	300 000	0
Revenue	907 000	793 000	435 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	686 000	675 000	140 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 346 000	1 045 000	486 000	428 000
Operating Profit	−438 000	−252 000	−51 000	−428 000
Financial Income	4 266 000	4 056 000	4 588 000	43 713 000
Financial Costs	4 677 000	471 000	608 000	555 000
Financial Balance	−411 000	3 585 000	3 980 000	43 158 000
Dividends	2 000 000	5 500 000	1 000 000	1 000 000
Net Income	−816 000	3 185 000	3 845 000	42 718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	128 000	26 000	0
Total Tangible Assets	128 000	128 000	26 000	0
Total Fiancial Fixed Assets	10 226 000	11 388 000	10 799 000	9 499 000
Total Fixed Assets	10 354 000	11 519 000	10 825 000	9 499 000
Stock	0	0	0	0
Total Investments	25 487 000	31 310 000	29 443 000	21 720 000
Cash, Bank	2 041 000	5 638 000	8 492 000	17 775 000
Total Current Assets	38 337 000	43 955 000	43 661 000	42 340 000
Total Assets	48 691 000	55 474 000	54 486 000	51 839 000
Total Equity	48 041 000	50 857 000	53 172 000	50 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	0	7 000	8 000
Creditors	0	0	1 000	39 000
Unpaid Taxes	251 000	222 000	25 000	0
Dividends	2 000 000	5 500 000	1 000 000	1 000 000
Other Current Debt	205 000	237 000	188 000	452 000
Total Current Debt	618 000	4 617 000	1 307 000	1 504 000
Total Equity and Debt	48 691 000	55 474 000	54 486 000	51 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,7 %	6,26 %	7,23 %	84,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−48,29 %	−31,78 %	−11,72 %	-
Current Ratio	62,03	9,52	33,41	28,15
Quick Ratio	62,03	9,52	33,41	28,15
Equity Ratio	0,99	0,92	0,98	0,97
Gross Profit Margin	100 %	100 %	100 %	-