RINGSAKER ELEKTRO HOLDING AS

2390 MOELV

Finances

Share Ownership

Return on Equity

16,72 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 237 000	1 174 000	1 154 000	1 138 000
Net Income	689 000	637 000	615 000	622 000
Total Assets	5 210 000	5 585 000	5 762 000	5 448 000
Total Equity	4 120 000	3 732 000	3 095 000	2 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 237 000	1 174 000	1 154 000	1 138 000
Expenditure	320 000	305 000	287 000	235 000
Operating Profit	916 000	868 000	867 000	903 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	37 000	56 000	83 000	111 000
Financial Balance	−33 000	−52 000	−78 000	−105 000
Earnings Before Tax	883 000	817 000	788 000	797 000
Tax	194 000	180 000	173 000	175 000
Net Income	689 000	637 000	615 000	622 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 257 000	4 449 000	4 642 000	4 400 000
Total Current Assets	953 000	1 136 000	1 121 000	1 048 000
Total Assets	5 210 000	5 585 000	5 762 000	5 448 000
Total Retained Equity	3 339 000	2 951 000	2 314 000	1 699 000
Total Equity	4 120 000	3 732 000	3 095 000	2 480 000
Total Long-Term Debt	531 000	1 534 000	2 384 000	2 731 000
Total Current Debt	559 000	319 000	283 000	237 000
Total Equity and Debt	5 210 000	5 585 000	5 762 000	5 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 237 000	1 174 000	1 154 000	1 138 000
Revenue	1 237 000	1 174 000	1 154 000	1 138 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	11 000	11 000
Depreciation	192 000	192 000	182 000	150 000
Impairment	0	0	0	0
Expenditure	320 000	305 000	287 000	235 000
Operating Profit	916 000	868 000	867 000	903 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	37 000	56 000	83 000	111 000
Financial Balance	−33 000	−52 000	−78 000	−105 000
Dividends	301 000	0	0	0
Net Income	689 000	637 000	615 000	622 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 257 000	4 449 000	4 642 000	4 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 257 000	4 449 000	4 642 000	4 400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 257 000	4 449 000	4 642 000	4 400 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	921 000	1 112 000	1 120 000	1 024 000
Total Current Assets	953 000	1 136 000	1 121 000	1 048 000
Total Assets	5 210 000	5 585 000	5 762 000	5 448 000
Total Equity	4 120 000	3 732 000	3 095 000	2 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	531 000	1 534 000	2 384 000	2 731 000
Creditors	35 000	33 000	4 000	28 000
Unpaid Taxes	0	77 000	77 000	6 000
Dividends	301 000	0	0	0
Other Current Debt	0	4 000	7 000	10 000
Total Current Debt	559 000	319 000	283 000	237 000
Total Equity and Debt	5 210 000	5 585 000	5 762 000	5 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,72 %	17,07 %	19,87 %	25,08 %
Debt-to-Equity Ratio	0,13	0,41	0,77	1,1
Operating Profit Margin	74,05 %	73,94 %	75,13 %	79,35 %
Current Ratio	1,7	3,56	3,96	4,42
Quick Ratio	1,7	3,56	3,96	4,42
Equity Ratio	0,79	0,67	0,54	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %