RINGERIKE MASKINOPPLÆRING AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

26,93 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 392 000	10 618 000	6 821 000	7 229 000
Net Income	891 000	1 619 000	1 347 000	1 766 000
Total Assets	4 891 000	4 332 000	3 700 000	1 433 000
Total Equity	3 309 000	2 418 000	1 328 000	1 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 392 000	10 618 000	6 821 000	7 229 000
Expenditure	9 243 000	8 538 000	5 087 000	4 966 000
Operating Profit	1 149 000	2 080 000	1 734 000	2 264 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	5 000	5 000	0
Financial Balance	−1 000	−5 000	−5 000	0
Earnings Before Tax	1 149 000	2 076 000	1 729 000	2 264 000
Tax	259 000	457 000	382 000	498 000
Net Income	891 000	1 619 000	1 347 000	1 766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 661 000	1 851 000	483 000	101 000
Total Current Assets	3 230 000	2 482 000	3 217 000	1 333 000
Total Assets	4 891 000	4 332 000	3 700 000	1 433 000
Total Retained Equity	3 279 000	2 388 000	1 298 000	1 254 000
Total Equity	3 309 000	2 418 000	1 328 000	1 284 000
Total Long-Term Debt	10 000	35 000	10 000	0
Total Current Debt	1 572 000	1 879 000	2 363 000	149 000
Total Equity and Debt	4 891 000	4 332 000	3 700 000	1 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 391 000	10 618 000	6 821 000	6 271 000
Other Income	1 000	0	0	958 000
Revenue	10 392 000	10 618 000	6 821 000	7 229 000
Cost of Goods Sold	960 000	1 056 000	772 000	406 000
Salary Costs	1 172 000	806 000	578 000	0
Depreciation	499 000	307 000	56 000	23 000
Impairment	0	0	0	0
Expenditure	9 243 000	8 538 000	5 087 000	4 966 000
Operating Profit	1 149 000	2 080 000	1 734 000	2 264 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	5 000	5 000	0
Financial Balance	−1 000	−5 000	−5 000	0
Dividends	0	529 000	1 304 000	1 392 000
Net Income	891 000	1 619 000	1 347 000	1 766 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 607 000	1 836 000	483 000	91 000
Fixtures	54 000	15 000	0	0
Total Tangible Assets	1 661 000	1 851 000	483 000	91 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 661 000	1 851 000	483 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	967 000	700 000	329 000	249 000
Total Current Assets	3 230 000	2 482 000	3 217 000	1 333 000
Total Assets	4 891 000	4 332 000	3 700 000	1 433 000
Total Equity	3 309 000	2 418 000	1 328 000	1 284 000
Short-Term Group Debt	73 000	32 000	0	−659 000
Total Long-Term Debt	10 000	35 000	10 000	0
Creditors	951 000	511 000	453 000	220 000
Unpaid Taxes	79 000	209 000	90 000	31 000
Dividends	0	529 000	1 304 000	1 392 000
Other Current Debt	186 000	108 000	91 000	−1 392 000
Total Current Debt	1 572 000	1 879 000	2 363 000	149 000
Total Equity and Debt	4 891 000	4 332 000	3 700 000	1 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,93 %	66,96 %	101,43 %	137,54 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	11,06 %	19,59 %	25,42 %	31,32 %
Current Ratio	2,05	1,32	1,36	8,95
Quick Ratio	2,05	1,32	1,36	8,95
Equity Ratio	0,68	0,56	0,36	0,9
Gross Profit Margin	90,76 %	90,05 %	88,68 %	94,38 %