KRINGLEVEIEN EIENDOM AS

7200 KYRKSÆTERØRA

Finances

Return on Equity

−15,1 %

Current Ratio

2,09

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	908 000	408 000	408 000
Net Income	−66 000	600 000	234 000	223 000
Total Assets	1 361 000	1 651 000	1 345 000	1 284 000
Total Equity	437 000	654 000	584 000	583 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	908 000	408 000	408 000
Expenditure	280 000	251 000	107 000	114 000
Operating Profit	−72 000	657 000	301 000	294 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	1 000	9 000
Financial Balance	6 000	0	−1 000	−9 000
Earnings Before Tax	−66 000	657 000	300 000	285 000
Tax	0	57 000	66 000	61 000
Net Income	−66 000	600 000	234 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 046 000	1 112 000	1 179 000	1 245 000
Total Current Assets	315 000	538 000	166 000	39 000
Total Assets	1 361 000	1 651 000	1 345 000	1 284 000
Total Retained Equity	137 000	354 000	284 000	283 000
Total Equity	437 000	654 000	584 000	583 000
Total Long-Term Debt	773 000	0	0	93 000
Total Current Debt	151 000	997 000	760 000	608 000
Total Equity and Debt	1 361 000	1 651 000	1 345 000	1 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	408 000	408 000	408 000
Other Income	0	500 000	0	0
Revenue	208 000	908 000	408 000	408 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	66 000	66 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	280 000	251 000	107 000	114 000
Operating Profit	−72 000	657 000	301 000	294 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	1 000	9 000
Financial Balance	6 000	0	−1 000	−9 000
Dividends	0	250 000	0	150 000
Net Income	−66 000	600 000	234 000	223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	646 000	713 000	779 000	845 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	646 000	713 000	779 000	845 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	400 000
Total Fixed Assets	1 046 000	1 112 000	1 179 000	1 245 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	261 000	494 000	135 000	7 000
Total Current Assets	315 000	538 000	166 000	39 000
Total Assets	1 361 000	1 651 000	1 345 000	1 284 000
Total Equity	437 000	654 000	584 000	583 000
Short-Term Group Debt	150 000	673 000	740 000	441 000
Total Long-Term Debt	773 000	0	0	93 000
Creditors	1 000	11 000	2 000	0
Unpaid Taxes	0	15 000	17 000	17 000
Dividends	0	250 000	0	150 000
Other Current Debt	0	0	2 000	0
Total Current Debt	151 000	997 000	760 000	608 000
Total Equity and Debt	1 361 000	1 651 000	1 345 000	1 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,1 %	91,74 %	40,07 %	38,25 %
Debt-to-Equity Ratio	1,77	0	0	0,16
Operating Profit Margin	−34,62 %	72,36 %	73,77 %	72,06 %
Current Ratio	2,09	0,54	0,22	0,06
Quick Ratio	2,09	0,54	0,22	0,06
Equity Ratio	0,32	0,4	0,43	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %