KRINGEN RØR AS

7509 STJØRDAL

Finances

Share Ownership

Return on Equity

416,92 %

Current Ratio

0,93

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 121 000	21 643 000	14 345 000	10 730 000
Net Income	1 676 000	1 220 000	−1 269 000	448 000
Total Assets	5 357 000	4 543 000	3 996 000	3 805 000
Total Equity	402 000	−1 274 000	−798 000	686 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 121 000	21 643 000	14 345 000	10 730 000
Expenditure	16 560 000	20 291 000	14 058 000	10 165 000
Operating Profit	1 561 000	1 352 000	288 000	565 000
Financial Income	260 000	15 000	143 000	2 000
Financial Costs	145 000	147 000	1 373 000	42 000
Financial Balance	115 000	−132 000	−1 230 000	−40 000
Earnings Before Tax	1 676 000	1 220 000	−943 000	525 000
Tax	0	0	326 000	76 000
Net Income	1 676 000	1 220 000	−1 269 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 569 000	1 262 000	1 224 000	1 865 000
Total Current Assets	3 788 000	3 281 000	2 773 000	1 940 000
Total Assets	5 357 000	4 543 000	3 996 000	3 805 000
Total Retained Equity	300 000	−1 376 000	−900 000	584 000
Total Equity	402 000	−1 274 000	−798 000	686 000
Total Long-Term Debt	903 000	1 278 000	1 645 000	1 224 000
Total Current Debt	4 052 000	4 538 000	3 149 000	1 895 000
Total Equity and Debt	5 357 000	4 543 000	3 996 000	3 805 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 121 000	21 643 000	14 345 000	10 730 000
Other Income	0	0	0	0
Revenue	18 121 000	21 643 000	14 345 000	10 730 000
Cost of Goods Sold	7 178 000	10 943 000	5 958 000	4 033 000
Salary Costs	5 843 000	7 034 000	5 083 000	4 633 000
Depreciation	525 000	475 000	199 000	146 000
Impairment	0	0	0	0
Expenditure	16 560 000	20 291 000	14 058 000	10 165 000
Operating Profit	1 561 000	1 352 000	288 000	565 000
Financial Income	260 000	15 000	143 000	2 000
Financial Costs	145 000	147 000	1 373 000	42 000
Financial Balance	115 000	−132 000	−1 230 000	−40 000
Dividends	0	0	0	0
Net Income	1 676 000	1 220 000	−1 269 000	448 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	293 000	334 000	376 000	7 000
Fixtures	1 276 000	785 000	713 000	563 000
Total Tangible Assets	1 569 000	1 119 000	1 089 000	570 000
Total Fiancial Fixed Assets	0	143 000	135 000	1 295 000
Total Fixed Assets	1 569 000	1 262 000	1 224 000	1 865 000
Stock	678 000	852 000	80 000	97 000
Total Investments	0	0	0	0
Cash, Bank	606 000	441 000	1 658 000	417 000
Total Current Assets	3 788 000	3 281 000	2 773 000	1 940 000
Total Assets	5 357 000	4 543 000	3 996 000	3 805 000
Total Equity	402 000	−1 274 000	−798 000	686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	903 000	1 278 000	1 645 000	1 224 000
Creditors	1 810 000	1 405 000	1 053 000	494 000
Unpaid Taxes	614 000	656 000	693 000	482 000
Dividends	0	0	0	0
Other Current Debt	1 628 000	1 570 000	1 076 000	842 000
Total Current Debt	4 052 000	4 538 000	3 149 000	1 895 000
Total Equity and Debt	5 357 000	4 543 000	3 996 000	3 805 000

Financial indicators	2022	2021	2020	2019
Return on Equity	416,92 %	−95,76 %	159,02 %	65,31 %
Debt-to-Equity Ratio	2,25	−1	−2,06	1,78
Operating Profit Margin	8,61 %	6,25 %	2,01 %	5,27 %
Current Ratio	0,93	0,72	0,88	1,02
Quick Ratio	1,12	0,89	0,9	1,08
Equity Ratio	0,08	−0,28	−0,2	0,18
Gross Profit Margin	60,39 %	49,44 %	58,47 %	62,41 %