RINGCONTROL AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

23,73 %

Current Ratio

6,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	581 000	600 000	529 000	564 000
Net Income	135 000	154 000	172 000	−10 000
Total Assets	669 000	550 000	438 000	197 000
Total Equity	569 000	434 000	280 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	581 000	600 000	529 000	564 000
Expenditure	408 000	403 000	308 000	577 000
Operating Profit	173 000	197 000	220 000	−12 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	173 000	198 000	220 000	−12 000
Tax	38 000	44 000	49 000	−2 000
Net Income	135 000	154 000	172 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	4 000	9 000
Total Current Assets	669 000	547 000	434 000	188 000
Total Assets	669 000	550 000	438 000	197 000
Total Retained Equity	538 000	403 000	249 000	77 000
Total Equity	569 000	434 000	280 000	108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 000	117 000	158 000	89 000
Total Equity and Debt	669 000	550 000	438 000	197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	581 000	600 000	529 000	564 000
Other Income	0	0	0	0
Revenue	581 000	600 000	529 000	564 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	289 000	290 000	197 000	397 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	408 000	403 000	308 000	577 000
Operating Profit	173 000	197 000	220 000	−12 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	135 000	154 000	172 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	4 000	9 000
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	3 000	4 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	609 000	452 000	388 000	136 000
Total Current Assets	669 000	547 000	434 000	188 000
Total Assets	669 000	550 000	438 000	197 000
Total Equity	569 000	434 000	280 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	76 000	0
Unpaid Taxes	36 000	50 000	19 000	52 000
Dividends	0	0	0	0
Other Current Debt	29 000	24 000	18 000	37 000
Total Current Debt	101 000	117 000	158 000	89 000
Total Equity and Debt	669 000	550 000	438 000	197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,73 %	35,48 %	61,43 %	−9,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,78 %	32,83 %	41,59 %	−2,13 %
Current Ratio	6,62	4,68	2,75	2,11
Quick Ratio	6,62	4,68	2,75	2,11
Equity Ratio	0,85	0,79	0,64	0,55
Gross Profit Margin	100 %	100 %	99,81 %	100 %