RINGVEIEN 97B AS

9024 TOMASJORD

Finances

Share Ownership

Return on Equity

10,5 %

Current Ratio

0,37

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 033 000	1 944 000	1 935 000	1 923 000
Net Income	992 000	969 000	1 004 000	952 000
Total Assets	16 042 000	16 020 000	16 688 000	16 766 000
Total Equity	9 447 000	9 454 000	9 446 000	9 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 033 000	1 944 000	1 935 000	1 923 000
Expenditure	634 000	567 000	471 000	478 000
Operating Profit	1 399 000	1 376 000	1 463 000	1 445 000
Financial Income	4 000	4 000	5 000	8 000
Financial Costs	131 000	139 000	182 000	232 000
Financial Balance	−127 000	−135 000	−177 000	−224 000
Earnings Before Tax	1 272 000	1 242 000	1 287 000	1 220 000
Tax	280 000	273 000	283 000	269 000
Net Income	992 000	969 000	1 004 000	952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 014 000	15 331 000	14 648 000	14 965 000
Total Current Assets	1 028 000	689 000	2 040 000	1 801 000
Total Assets	16 042 000	16 020 000	16 688 000	16 766 000
Total Retained Equity	3 074 000	3 081 000	3 072 000	3 048 000
Total Equity	9 447 000	9 454 000	9 446 000	9 421 000
Total Long-Term Debt	3 849 000	4 551 000	5 249 000	5 942 000
Total Current Debt	2 746 000	2 015 000	1 994 000	1 403 000
Total Equity and Debt	16 042 000	16 020 000	16 688 000	16 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 016 000	1 936 000	1 949 000	1 902 000
Other Income	16 000	7 000	−14 000	21 000
Revenue	2 033 000	1 944 000	1 935 000	1 923 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	317 000	317 000	317 000	317 000
Impairment	0	0	0	0
Expenditure	634 000	567 000	471 000	478 000
Operating Profit	1 399 000	1 376 000	1 463 000	1 445 000
Financial Income	4 000	4 000	5 000	8 000
Financial Costs	131 000	139 000	182 000	232 000
Financial Balance	−127 000	−135 000	−177 000	−224 000
Dividends	0	0	0	1 000 000
Net Income	992 000	969 000	1 004 000	952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 014 000	14 331 000	14 648 000	14 965 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 014 000	14 331 000	14 648 000	14 965 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	0	0
Total Fixed Assets	15 014 000	15 331 000	14 648 000	14 965 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	386 000	650 000	2 007 000	1 339 000
Total Current Assets	1 028 000	689 000	2 040 000	1 801 000
Total Assets	16 042 000	16 020 000	16 688 000	16 766 000
Total Equity	9 447 000	9 454 000	9 446 000	9 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 849 000	4 551 000	5 249 000	5 942 000
Creditors	55 000	192 000	58 000	62 000
Unpaid Taxes	114 000	84 000	113 000	110 000
Dividends	0	0	0	1 000 000
Other Current Debt	2 576 000	1 739 000	1 824 000	1 085 000
Total Current Debt	2 746 000	2 015 000	1 994 000	1 403 000
Total Equity and Debt	16 042 000	16 020 000	16 688 000	16 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,5 %	10,25 %	10,63 %	10,11 %
Debt-to-Equity Ratio	0,41	0,48	0,56	0,63
Operating Profit Margin	68,81 %	70,78 %	75,61 %	75,14 %
Current Ratio	0,37	0,34	1,02	1,28
Quick Ratio	0,37	0,34	1,02	1,28
Equity Ratio	0,59	0,59	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %