RINGVEGEN 30 AS

5412 STORD

Finances

Share Ownership

Return on Equity

14,47 %

Current Ratio

1,17

Debt-to-Equity Ratio

4,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 254 000	1 282 000	1 075 000	1 117 000
Net Income	272 000	386 000	183 000	105 000
Total Assets	10 706 000	12 205 000	12 539 000	12 798 000
Total Equity	1 880 000	1 608 000	1 222 000	1 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 254 000	1 282 000	1 075 000	1 117 000
Expenditure	566 000	523 000	520 000	570 000
Operating Profit	689 000	759 000	555 000	548 000
Financial Income	21 000	7 000	6 000	1 000
Financial Costs	361 000	271 000	327 000	414 000
Financial Balance	−340 000	−264 000	−321 000	−413 000
Earnings Before Tax	349 000	495 000	234 000	135 000
Tax	77 000	109 000	52 000	30 000
Net Income	272 000	386 000	183 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 524 000	10 899 000	11 274 000	11 648 000
Total Current Assets	182 000	1 306 000	1 265 000	1 150 000
Total Assets	10 706 000	12 205 000	12 539 000	12 798 000
Total Retained Equity	1 439 000	1 167 000	781 000	598 000
Total Equity	1 880 000	1 608 000	1 222 000	1 039 000
Total Long-Term Debt	8 672 000	10 537 000	11 296 000	11 691 000
Total Current Debt	155 000	60 000	22 000	68 000
Total Equity and Debt	10 706 000	12 205 000	12 539 000	12 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 254 000	1 282 000	1 075 000	1 117 000
Other Income	0	0	0	0
Revenue	1 254 000	1 282 000	1 075 000	1 117 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	375 000	375 000	375 000	375 000
Impairment	0	0	0	0
Expenditure	566 000	523 000	520 000	570 000
Operating Profit	689 000	759 000	555 000	548 000
Financial Income	21 000	7 000	6 000	1 000
Financial Costs	361 000	271 000	327 000	414 000
Financial Balance	−340 000	−264 000	−321 000	−413 000
Dividends	0	0	0	0
Net Income	272 000	386 000	183 000	105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 524 000	10 899 000	11 274 000	11 648 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 524 000	10 899 000	11 274 000	11 648 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 524 000	10 899 000	11 274 000	11 648 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	1 154 000	1 262 000	1 033 000
Total Current Assets	182 000	1 306 000	1 265 000	1 150 000
Total Assets	10 706 000	12 205 000	12 539 000	12 798 000
Total Equity	1 880 000	1 608 000	1 222 000	1 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 672 000	10 537 000	11 296 000	11 691 000
Creditors	41 000	20 000	14 000	16 000
Unpaid Taxes	19 000	20 000	0	20 000
Dividends	0	0	0	0
Other Current Debt	11 000	7 000	7 000	33 000
Total Current Debt	155 000	60 000	22 000	68 000
Total Equity and Debt	10 706 000	12 205 000	12 539 000	12 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,47 %	24 %	14,98 %	10,11 %
Debt-to-Equity Ratio	4,61	6,55	9,24	11,25
Operating Profit Margin	54,94 %	59,2 %	51,63 %	49,06 %
Current Ratio	1,17	21,77	57,5	16,91
Quick Ratio	1,17	21,77	57,5	16,91
Equity Ratio	0,18	0,13	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %