RINGASUND AS

5397 BEKKJARVIK

Finances

Share Ownership

Return on Equity

1,47 %

Current Ratio

0,49

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 350 000	45 851 000	36 034 000	24 670 000
Net Income	399 000	6 547 000	2 893 000	−833 000
Total Assets	95 141 000	97 370 000	89 490 000	85 227 000
Total Equity	27 103 000	24 404 000	17 857 000	9 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 350 000	45 851 000	36 034 000	24 670 000
Expenditure	51 409 000	35 673 000	29 539 000	23 559 000
Operating Profit	2 941 000	10 177 000	6 495 000	1 111 000
Financial Income	25 000	96 000	0	72 000
Financial Costs	2 454 000	1 877 000	2 773 000	2 242 000
Financial Balance	−2 429 000	−1 781 000	−2 773 000	−2 170 000
Earnings Before Tax	512 000	8 396 000	3 723 000	−1 058 000
Tax	113 000	1 849 000	830 000	−225 000
Net Income	399 000	6 547 000	2 893 000	−833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 603 000	89 620 000	83 415 000	80 581 000
Total Current Assets	7 539 000	7 750 000	6 075 000	4 646 000
Total Assets	95 141 000	97 370 000	89 490 000	85 227 000
Total Retained Equity	16 303 000	15 904 000	9 358 000	6 464 000
Total Equity	27 103 000	24 404 000	17 857 000	9 965 000
Total Long-Term Debt	52 577 000	60 292 000	58 768 000	60 610 000
Total Current Debt	15 462 000	12 675 000	12 865 000	14 651 000
Total Equity and Debt	95 141 000	97 370 000	89 490 000	85 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 922 000	45 640 000	36 034 000	24 670 000
Other Income	428 000	210 000	0	0
Revenue	54 350 000	45 851 000	36 034 000	24 670 000
Cost of Goods Sold	8 514 000	2 144 000	0	0
Salary Costs	18 919 000	13 878 000	12 098 000	9 222 000
Depreciation	5 941 000	5 612 000	5 173 000	4 871 000
Impairment	0	0	0	0
Expenditure	51 409 000	35 673 000	29 539 000	23 559 000
Operating Profit	2 941 000	10 177 000	6 495 000	1 111 000
Financial Income	25 000	96 000	0	72 000
Financial Costs	2 454 000	1 877 000	2 773 000	2 242 000
Financial Balance	−2 429 000	−1 781 000	−2 773 000	−2 170 000
Dividends	0	0	0	0
Net Income	399 000	6 547 000	2 893 000	−833 000

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	17 922 000	19 483 000	17 457 000	13 415 000
Fixtures	4 204 000	4 933 000	4 855 000	5 052 000
Total Tangible Assets	84 704 000	88 804 000	82 594 000	79 781 000
Total Fiancial Fixed Assets	2 899 000	816 000	820 000	800 000
Total Fixed Assets	87 603 000	89 620 000	83 415 000	80 581 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	628 000	548 000	433 000
Total Current Assets	7 539 000	7 750 000	6 075 000	4 646 000
Total Assets	95 141 000	97 370 000	89 490 000	85 227 000
Total Equity	27 103 000	24 404 000	17 857 000	9 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 577 000	60 292 000	58 768 000	60 610 000
Creditors	5 178 000	3 217 000	2 663 000	5 058 000
Unpaid Taxes	2 733 000	2 113 000	1 670 000	1 360 000
Dividends	0	0	0	0
Other Current Debt	3 707 000	4 699 000	5 397 000	6 402 000
Total Current Debt	15 462 000	12 675 000	12 865 000	14 651 000
Total Equity and Debt	95 141 000	97 370 000	89 490 000	85 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,47 %	26,83 %	16,2 %	−8,36 %
Debt-to-Equity Ratio	1,94	2,47	3,29	6,08
Operating Profit Margin	5,41 %	22,2 %	18,02 %	4,5 %
Current Ratio	0,49	0,61	0,47	0,32
Quick Ratio	0,49	0,61	0,47	0,32
Equity Ratio	0,28	0,25	0,2	0,12
Gross Profit Margin	84,33 %	95,32 %	100 %	100 %