KRING EIENDOM AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

−4,85 %

Current Ratio

2,1

Debt-to-Equity Ratio

−12,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 496 000	1 411 000	1 256 000	1 330 000
Net Income	60 000	221 000	228 000	138 000
Total Assets	14 280 000	14 300 000	11 239 000	9 015 000
Total Equity	−1 238 000	−1 298 000	−1 519 000	−1 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 496 000	1 411 000	1 256 000	1 330 000
Expenditure	756 000	646 000	557 000	697 000
Operating Profit	741 000	765 000	699 000	633 000
Financial Income	0	5 000	3 000	0
Financial Costs	664 000	486 000	410 000	456 000
Financial Balance	−664 000	−481 000	−407 000	−456 000
Earnings Before Tax	77 000	283 000	293 000	177 000
Tax	17 000	62 000	64 000	39 000
Net Income	60 000	221 000	228 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 902 000	14 008 000	10 724 000	7 838 000
Total Current Assets	378 000	292 000	515 000	1 177 000
Total Assets	14 280 000	14 300 000	11 239 000	9 015 000
Total Retained Equity	−1 338 000	−1 398 000	−1 619 000	−1 847 000
Total Equity	−1 238 000	−1 298 000	−1 519 000	−1 747 000
Total Long-Term Debt	15 338 000	15 496 000	12 699 000	10 647 000
Total Current Debt	180 000	102 000	59 000	116 000
Total Equity and Debt	14 280 000	14 300 000	11 239 000	9 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	−34 000	−10 000
Other Income	1 496 000	1 411 000	1 290 000	1 340 000
Revenue	1 496 000	1 411 000	1 256 000	1 330 000
Cost of Goods Sold	0	0	0	0
Salary Costs	313 000	14 000	2 000	340 000
Depreciation	89 000	82 000	0	0
Impairment	0	0	0	0
Expenditure	756 000	646 000	557 000	697 000
Operating Profit	741 000	765 000	699 000	633 000
Financial Income	0	5 000	3 000	0
Financial Costs	664 000	486 000	410 000	456 000
Financial Balance	−664 000	−481 000	−407 000	−456 000
Dividends	0	0	0	0
Net Income	60 000	221 000	228 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	375 000	392 000	455 000	519 000
Real Eastate	13 327 000	13 327 000	10 269 000	7 319 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	200 000	289 000	0	0
Total Tangible Assets	13 527 000	13 615 000	10 269 000	7 319 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 902 000	14 008 000	10 724 000	7 838 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	134 000	391 000	466 000
Total Current Assets	378 000	292 000	515 000	1 177 000
Total Assets	14 280 000	14 300 000	11 239 000	9 015 000
Total Equity	−1 238 000	−1 298 000	−1 519 000	−1 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 338 000	15 496 000	12 699 000	10 647 000
Creditors	0	10 000	5 000	5 000
Unpaid Taxes	25 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	155 000	92 000	54 000	110 000
Total Current Debt	180 000	102 000	59 000	116 000
Total Equity and Debt	14 280 000	14 300 000	11 239 000	9 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,85 %	−17,03 %	−15,01 %	−7,9 %
Debt-to-Equity Ratio	−12,39	−11,94	−8,36	−6,09
Operating Profit Margin	49,53 %	54,22 %	55,65 %	47,59 %
Current Ratio	2,1	2,86	8,73	10,15
Quick Ratio	2,1	2,86	8,73	10,15
Equity Ratio	−0,09	−0,09	−0,14	−0,19
Gross Profit Margin	100 %	100 %	100 %	100 %