RINGVEGEN 10 - 12 AS

5412 STORD

Finances

Share Ownership

Return on Equity

8,43 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 691 000	1 602 000	1 554 000	1 554 000
Net Income	515 000	553 000	590 000	755 000
Total Assets	10 458 000	10 991 000	11 490 000	13 765 000
Total Equity	6 112 000	6 119 000	6 100 000	6 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 691 000	1 602 000	1 554 000	1 554 000
Expenditure	829 000	706 000	597 000	505 000
Operating Profit	861 000	896 000	957 000	1 049 000
Financial Income	6 000	6 000	16 000	142 000
Financial Costs	207 000	193 000	217 000	224 000
Financial Balance	−201 000	−187 000	−201 000	−82 000
Earnings Before Tax	660 000	709 000	756 000	968 000
Tax	145 000	156 000	166 000	213 000
Net Income	515 000	553 000	590 000	755 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 612 000	10 520 000	10 808 000	13 046 000
Total Current Assets	846 000	470 000	681 000	719 000
Total Assets	10 458 000	10 991 000	11 490 000	13 765 000
Total Retained Equity	4 537 000	4 544 000	4 525 000	4 489 000
Total Equity	6 112 000	6 119 000	6 100 000	6 064 000
Total Long-Term Debt	3 582 000	4 098 000	4 607 000	6 765 000
Total Current Debt	764 000	774 000	783 000	936 000
Total Equity and Debt	10 458 000	10 991 000	11 490 000	13 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 691 000	1 602 000	1 554 000	1 554 000
Revenue	1 691 000	1 602 000	1 554 000	1 554 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	295 000	283 000	279 000	256 000
Impairment	0	0	0	0
Expenditure	829 000	706 000	597 000	505 000
Operating Profit	861 000	896 000	957 000	1 049 000
Financial Income	6 000	6 000	16 000	142 000
Financial Costs	207 000	193 000	217 000	224 000
Financial Balance	−201 000	−187 000	−201 000	−82 000
Dividends	0	0	0	0
Net Income	515 000	553 000	590 000	755 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 086 000	6 309 000	6 387 000	6 666 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 086 000	6 309 000	6 387 000	6 666 000
Total Fiancial Fixed Assets	3 526 000	4 211 000	4 421 000	6 380 000
Total Fixed Assets	9 612 000	10 520 000	10 808 000	13 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	828 000	453 000	665 000	719 000
Total Current Assets	846 000	470 000	681 000	719 000
Total Assets	10 458 000	10 991 000	11 490 000	13 765 000
Total Equity	6 112 000	6 119 000	6 100 000	6 064 000
Short-Term Group Debt	668 000	685 000	710 000	874 000
Total Long-Term Debt	3 582 000	4 098 000	4 607 000	6 765 000
Creditors	36 000	30 000	11 000	9 000
Unpaid Taxes	58 000	57 000	59 000	53 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	0
Total Current Debt	764 000	774 000	783 000	936 000
Total Equity and Debt	10 458 000	10 991 000	11 490 000	13 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,43 %	9,04 %	9,67 %	12,45 %
Debt-to-Equity Ratio	0,59	0,67	0,76	1,12
Operating Profit Margin	50,92 %	55,93 %	61,58 %	67,5 %
Current Ratio	1,11	0,61	0,87	0,77
Quick Ratio	1,11	0,61	0,87	0,77
Equity Ratio	0,58	0,56	0,53	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %