RINGSTADSÆTRA HYTTEGREND AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

11,7 %

Current Ratio

24,01

Debt-to-Equity Ratio

39,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 201 000	1 410 000	0	0
Net Income	53 000	−105 000	−636 000	−23 000
Total Assets	19 330 000	14 841 000	13 697 000	12 491 000
Total Equity	453 000	453 000	453 000	453 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 201 000	1 410 000	0	0
Expenditure	8 869 000	2 579 000	514 000	1 181 000
Operating Profit	1 248 000	637 000	−86 000	−30 000
Financial Income	6 000	1 000	0	0
Financial Costs	1 186 000	773 000	730 000	0
Financial Balance	−1 180 000	−772 000	−730 000	0
Earnings Before Tax	68 000	−135 000	−816 000	−30 000
Tax	15 000	−30 000	−179 000	−7 000
Net Income	53 000	−105 000	−636 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	19 330 000	14 841 000	13 697 000	12 491 000
Total Assets	19 330 000	14 841 000	13 697 000	12 491 000
Total Retained Equity	−437 000	−490 000	−385 000	251 000
Total Equity	453 000	453 000	453 000	453 000
Total Long-Term Debt	18 072 000	13 145 000	9 979 000	9 799 000
Total Current Debt	805 000	1 243 000	3 264 000	2 239 000
Total Equity and Debt	19 330 000	14 841 000	13 697 000	12 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 201 000	1 410 000	0	0
Other Income	0	0	0	0
Revenue	8 201 000	1 410 000	0	0
Cost of Goods Sold	8 592 000	2 484 000	428 000	1 151 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 869 000	2 579 000	514 000	1 181 000
Operating Profit	1 248 000	637 000	−86 000	−30 000
Financial Income	6 000	1 000	0	0
Financial Costs	1 186 000	773 000	730 000	0
Financial Balance	−1 180 000	−772 000	−730 000	0
Dividends	0	0	0	0
Net Income	53 000	−105 000	−636 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	16 601 000	14 686 000	12 879 000	12 452 000
Total Investments	0	0	0	0
Cash, Bank	150 000	6 000	1 000	2 000
Total Current Assets	19 330 000	14 841 000	13 697 000	12 491 000
Total Assets	19 330 000	14 841 000	13 697 000	12 491 000
Total Equity	453 000	453 000	453 000	453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 072 000	13 145 000	9 979 000	9 799 000
Creditors	712 000	61 000	52 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	93 000	1 183 000	3 067 000	2 235 000
Total Current Debt	805 000	1 243 000	3 264 000	2 239 000
Total Equity and Debt	19 330 000	14 841 000	13 697 000	12 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,7 %	−23,18 %	−140,4 %	−5,08 %
Debt-to-Equity Ratio	39,89	29,02	22,03	21,63
Operating Profit Margin	15,22 %	45,18 %	-	-
Current Ratio	24,01	11,94	4,2	5,58
Quick Ratio	−1,22	−1,1	−1,42	−1,22
Equity Ratio	0,02	0,03	0,03	0,04
Gross Profit Margin	−4,77 %	−76,17 %	-	-