RINGVEIEN 7 AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

214,49 %

Current Ratio

0,33

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 544 000	3 031 000	2 760 000	2 093 000
Net Income	2 398 000	355 000	459 000	639 000
Total Assets	7 830 000	6 883 000	6 164 000	5 702 000
Total Equity	1 118 000	2 086 000	1 997 000	1 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 544 000	3 031 000	2 760 000	2 093 000
Expenditure	372 000	2 478 000	2 116 000	1 273 000
Operating Profit	3 172 000	554 000	644 000	820 000
Financial Income	1 000	1 000	5 000	0
Financial Costs	99 000	100 000	60 000	1 000
Financial Balance	−98 000	−99 000	−55 000	−1 000
Earnings Before Tax	3 074 000	455 000	588 000	819 000
Tax	676 000	100 000	129 000	180 000
Net Income	2 398 000	355 000	459 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 386 000	6 613 000	5 478 000	4 060 000
Total Current Assets	1 444 000	271 000	686 000	1 642 000
Total Assets	7 830 000	6 883 000	6 164 000	5 702 000
Total Retained Equity	−758 000	210 000	121 000	0
Total Equity	1 118 000	2 086 000	1 997 000	1 538 000
Total Long-Term Debt	2 321 000	3 809 000	3 512 000	852 000
Total Current Debt	4 392 000	989 000	656 000	3 312 000
Total Equity and Debt	7 830 000	6 883 000	6 164 000	5 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 137 000	2 682 000	2 374 000	0
Other Income	407 000	349 000	386 000	2 093 000
Revenue	3 544 000	3 031 000	2 760 000	2 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	0	0	0
Depreciation	459 000	356 000	240 000	500 000
Impairment	0	0	0	0
Expenditure	372 000	2 478 000	2 116 000	1 273 000
Operating Profit	3 172 000	554 000	644 000	820 000
Financial Income	1 000	1 000	5 000	0
Financial Costs	99 000	100 000	60 000	1 000
Financial Balance	−98 000	−99 000	−55 000	−1 000
Dividends	0	0	0	0
Net Income	2 398 000	355 000	459 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	316 000	325 000	350 000	384 000
Real Eastate	5 061 000	5 150 000	4 616 000	3 462 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 009 000	1 138 000	512 000	214 000
Total Tangible Assets	6 070 000	6 288 000	5 128 000	3 676 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 386 000	6 613 000	5 478 000	4 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	86 000	37 000	109 000
Total Current Assets	1 444 000	271 000	686 000	1 642 000
Total Assets	7 830 000	6 883 000	6 164 000	5 702 000
Total Equity	1 118 000	2 086 000	1 997 000	1 538 000
Short-Term Group Debt	4 033 000	443 000	433 000	2 964 000
Total Long-Term Debt	2 321 000	3 809 000	3 512 000	852 000
Creditors	220 000	545 000	223 000	348 000
Unpaid Taxes	119 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 000	0	0	0
Total Current Debt	4 392 000	989 000	656 000	3 312 000
Total Equity and Debt	7 830 000	6 883 000	6 164 000	5 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	214,49 %	17,02 %	22,98 %	41,55 %
Debt-to-Equity Ratio	2,08	1,83	1,76	0,55
Operating Profit Margin	89,5 %	18,28 %	23,33 %	39,18 %
Current Ratio	0,33	0,27	1,05	0,5
Quick Ratio	0,33	0,27	1,05	0,5
Equity Ratio	0,14	0,3	0,32	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %