RINGVEIEN FINNSNES AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

8,14 %

Current Ratio

−33,33

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	501 000	496 000	472 000
Net Income	151 000	39 000	17 000	13 000
Total Assets	2 633 000	2 718 000	2 860 000	2 911 000
Total Equity	1 854 000	1 703 000	1 688 000	1 655 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	501 000	496 000	472 000
Expenditure	272 000	421 000	440 000	409 000
Operating Profit	238 000	81 000	55 000	63 000
Financial Income	0	0	0	0
Financial Costs	23 000	25 000	34 000	38 000
Financial Balance	−23 000	−25 000	−34 000	−38 000
Earnings Before Tax	215 000	56 000	22 000	25 000
Tax	64 000	17 000	5 000	11 000
Net Income	151 000	39 000	17 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 133 000	2 228 000	2 331 000	2 442 000
Total Current Assets	500 000	490 000	530 000	470 000
Total Assets	2 633 000	2 718 000	2 860 000	2 911 000
Total Retained Equity	354 000	203 000	188 000	155 000
Total Equity	1 854 000	1 703 000	1 688 000	1 655 000
Total Long-Term Debt	794 000	980 000	769 000	918 000
Total Current Debt	−15 000	34 000	403 000	338 000
Total Equity and Debt	2 633 000	2 718 000	2 860 000	2 911 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	27 000	24 000	30 000
Other Income	479 000	475 000	472 000	442 000
Revenue	510 000	501 000	496 000	472 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	95 000	103 000	111 000	120 000
Impairment	0	0	0	0
Expenditure	272 000	421 000	440 000	409 000
Operating Profit	238 000	81 000	55 000	63 000
Financial Income	0	0	0	0
Financial Costs	23 000	25 000	34 000	38 000
Financial Balance	−23 000	−25 000	−34 000	−38 000
Dividends	0	0	0	0
Net Income	151 000	39 000	17 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 133 000	2 228 000	2 331 000	2 442 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 133 000	2 228 000	2 331 000	2 442 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 133 000	2 228 000	2 331 000	2 442 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	107 000	76 000	52 000
Total Current Assets	500 000	490 000	530 000	470 000
Total Assets	2 633 000	2 718 000	2 860 000	2 911 000
Total Equity	1 854 000	1 703 000	1 688 000	1 655 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	794 000	980 000	769 000	918 000
Creditors	−34 000	−3 000	62 000	98 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	317 000	216 000
Total Current Debt	−15 000	34 000	403 000	338 000
Total Equity and Debt	2 633 000	2 718 000	2 860 000	2 911 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,14 %	2,29 %	1,01 %	0,79 %
Debt-to-Equity Ratio	0,43	0,58	0,46	0,55
Operating Profit Margin	46,67 %	16,17 %	11,09 %	13,35 %
Current Ratio	−33,33	14,41	1,32	1,39
Quick Ratio	−33,33	14,41	1,32	1,39
Equity Ratio	0,7	0,63	0,59	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %