RINGVEGEN 2 AS

5412 STORD

Finances

Share Ownership

Return on Equity

25,85 %

Current Ratio

1,18

Debt-to-Equity Ratio

20,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	799 000	683 000	683 000	645 000
Net Income	99 000	12 000	5 000	43 000
Total Assets	8 496 000	5 325 000	5 623 000	5 657 000
Total Equity	383 000	284 000	272 000	267 000

Income (NOK)	2022	2021	2020	2019
Revenue	799 000	683 000	683 000	645 000
Expenditure	329 000	309 000	303 000	231 000
Operating Profit	469 000	375 000	381 000	414 000
Financial Income	4 000	4 000	5 000	1 000
Financial Costs	327 000	346 000	363 000	358 000
Financial Balance	−323 000	−342 000	−358 000	−357 000
Earnings Before Tax	147 000	33 000	23 000	57 000
Tax	48 000	21 000	17 000	14 000
Net Income	99 000	12 000	5 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 166 000	5 040 000	5 236 000	5 432 000
Total Current Assets	330 000	285 000	387 000	224 000
Total Assets	8 496 000	5 325 000	5 623 000	5 657 000
Total Retained Equity	201 000	102 000	90 000	85 000
Total Equity	383 000	284 000	272 000	267 000
Total Long-Term Debt	7 833 000	4 799 000	5 107 000	5 251 000
Total Current Debt	280 000	242 000	244 000	139 000
Total Equity and Debt	8 496 000	5 325 000	5 623 000	5 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	799 000	683 000	683 000	645 000
Revenue	799 000	683 000	683 000	645 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	196 000	196 000	196 000	155 000
Impairment	0	0	0	0
Expenditure	329 000	309 000	303 000	231 000
Operating Profit	469 000	375 000	381 000	414 000
Financial Income	4 000	4 000	5 000	1 000
Financial Costs	327 000	346 000	363 000	358 000
Financial Balance	−323 000	−342 000	−358 000	−357 000
Dividends	0	0	0	0
Net Income	99 000	12 000	5 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 844 000	5 040 000	5 236 000	5 432 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 844 000	5 040 000	5 236 000	5 432 000
Total Fiancial Fixed Assets	3 322 000	0	0	0
Total Fixed Assets	8 166 000	5 040 000	5 236 000	5 432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	329 000	284 000	387 000	45 000
Total Current Assets	330 000	285 000	387 000	224 000
Total Assets	8 496 000	5 325 000	5 623 000	5 657 000
Total Equity	383 000	284 000	272 000	267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 833 000	4 799 000	5 107 000	5 251 000
Creditors	17 000	10 000	8 000	80 000
Unpaid Taxes	185 000	160 000	161 000	0
Dividends	0	0	0	0
Other Current Debt	31 000	51 000	57 000	45 000
Total Current Debt	280 000	242 000	244 000	139 000
Total Equity and Debt	8 496 000	5 325 000	5 623 000	5 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,85 %	4,23 %	1,84 %	16,1 %
Debt-to-Equity Ratio	20,45	16,9	18,78	19,67
Operating Profit Margin	58,7 %	54,9 %	55,78 %	64,19 %
Current Ratio	1,18	1,18	1,59	1,61
Quick Ratio	1,18	1,18	1,59	1,61
Equity Ratio	0,05	0,05	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %