SERVICE-RINGEN AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

87,96 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 258 000	2 977 000	3 146 000	3 337 000
Net Income	−314 000	−78 000	−376 000	32 000
Total Assets	1 127 000	1 642 000	1 564 000	1 402 000
Total Equity	−357 000	−43 000	−295 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 258 000	2 977 000	3 146 000	3 337 000
Expenditure	3 484 000	3 052 000	3 610 000	3 273 000
Operating Profit	−226 000	−75 000	−465 000	64 000
Financial Income	−4 000	0	0	0
Financial Costs	172 000	17 000	16 000	20 000
Financial Balance	−176 000	−17 000	−16 000	−20 000
Earnings Before Tax	−401 000	−92 000	−481 000	44 000
Tax	−87 000	−14 000	−105 000	12 000
Net Income	−314 000	−78 000	−376 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	543 000	489 000	472 000	378 000
Total Current Assets	584 000	1 153 000	1 092 000	1 023 000
Total Assets	1 127 000	1 642 000	1 564 000	1 402 000
Total Retained Equity	−1 907 000	−1 593 000	−1 515 000	−1 139 000
Total Equity	−357 000	−43 000	−295 000	82 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 484 000	1 685 000	1 858 000	1 320 000
Total Equity and Debt	1 127 000	1 642 000	1 564 000	1 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 258 000	2 977 000	3 146 000	3 337 000
Other Income	0	0	0	0
Revenue	3 258 000	2 977 000	3 146 000	3 337 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 463 000	2 134 000	2 684 000	2 360 000
Depreciation	46 000	31 000	33 000	56 000
Impairment	0	0	0	0
Expenditure	3 484 000	3 052 000	3 610 000	3 273 000
Operating Profit	−226 000	−75 000	−465 000	64 000
Financial Income	−4 000	0	0	0
Financial Costs	172 000	17 000	16 000	20 000
Financial Balance	−176 000	−17 000	−16 000	−20 000
Dividends	0	0	0	0
Net Income	−314 000	−78 000	−376 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	520 000	432 000	419 000	314 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	56 000	53 000	64 000
Total Tangible Assets	23 000	56 000	53 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	543 000	489 000	472 000	378 000
Stock	3 000	4 000	6 000	0
Total Investments	0	0	0	0
Cash, Bank	25 000	224 000	89 000	83 000
Total Current Assets	584 000	1 153 000	1 092 000	1 023 000
Total Assets	1 127 000	1 642 000	1 564 000	1 402 000
Total Equity	−357 000	−43 000	−295 000	82 000
Short-Term Group Debt	204 000	204 000	354 000	354 000
Total Long-Term Debt	0	0	0	0
Creditors	129 000	94 000	140 000	65 000
Unpaid Taxes	349 000	852 000	747 000	340 000
Dividends	0	0	0	0
Other Current Debt	638 000	535 000	437 000	412 000
Total Current Debt	1 484 000	1 685 000	1 858 000	1 320 000
Total Equity and Debt	1 127 000	1 642 000	1 564 000	1 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,96 %	181,4 %	127,46 %	39,02 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−6,94 %	−2,52 %	−14,78 %	1,92 %
Current Ratio	0,39	0,68	0,59	0,78
Quick Ratio	0,39	0,69	0,59	0,78
Equity Ratio	−0,32	−0,03	−0,19	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %