KRINGEN HOLDING AS

7054 RANHEIM

Finances

Return on Equity

1 387,32 %

Current Ratio

12,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	50 000
Net Income	985 000	983 000	−8 000	31 000
Total Assets	76 000	1 091 000	104 000	121 000
Total Equity	71 000	586 000	103 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	50 000
Expenditure	11 000	13 000	11 000	9 000
Operating Profit	−11 000	−13 000	−11 000	40 000
Financial Income	1 000 000	1 000 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000 000	1 000 000	0	0
Earnings Before Tax	989 000	987 000	−11 000	40 000
Tax	4 000	4 000	−2 000	9 000
Net Income	985 000	983 000	−8 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	15 000
Total Current Assets	61 000	1 076 000	89 000	106 000
Total Assets	76 000	1 091 000	104 000	121 000
Total Retained Equity	41 000	556 000	73 000	82 000
Total Equity	71 000	586 000	103 000	112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	505 000	1 000	10 000
Total Equity and Debt	76 000	1 091 000	104 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	50 000
Other Income	0	0	0	0
Revenue	0	0	0	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	13 000	11 000	9 000
Operating Profit	−11 000	−13 000	−11 000	40 000
Financial Income	1 000 000	1 000 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000 000	1 000 000	0	0
Dividends	1 500 000	500 000	0	0
Net Income	985 000	983 000	−8 000	31 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	74 000	85 000	105 000
Total Current Assets	61 000	1 076 000	89 000	106 000
Total Assets	76 000	1 091 000	104 000	121 000
Total Equity	71 000	586 000	103 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	500 000	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	5 000	505 000	1 000	10 000
Total Equity and Debt	76 000	1 091 000	104 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 387,32 %	167,75 %	−7,77 %	27,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	80 %
Current Ratio	12,2	2,13	89	10,6
Quick Ratio	12,2	2,13	89	10,6
Equity Ratio	0,93	0,54	0,99	0,93
Gross Profit Margin	-	-	-	100 %