KRINEK AS

4336 SANDNES

Finances

Share Ownership

Return on Equity

−2,56 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	889 000	1 094 000	808 000	676 000
Net Income	−4 000	63 000	37 000	38 000
Total Assets	461 000	477 000	450 000	337 000
Total Equity	156 000	160 000	97 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	889 000	1 094 000	808 000	676 000
Expenditure	1 020 000	997 000	841 000	656 000
Operating Profit	−5 000	81 000	48 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−5 000	81 000	48 000	49 000
Tax	−1 000	18 000	11 000	11 000
Net Income	−4 000	63 000	37 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	0	0	0
Total Current Assets	460 000	477 000	450 000	337 000
Total Assets	461 000	477 000	450 000	337 000
Total Retained Equity	126 000	130 000	67 000	30 000
Total Equity	156 000	160 000	97 000	60 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	305 000	317 000	352 000	277 000
Total Equity and Debt	461 000	477 000	450 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	889 000	1 094 000	808 000	676 000
Other Income	0	0	0	0
Revenue	889 000	1 094 000	808 000	676 000
Cost of Goods Sold	959 000	895 000	791 000	626 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 020 000	997 000	841 000	656 000
Operating Profit	−5 000	81 000	48 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	63 000	37 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	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	0	0	0	0
Total Fixed Assets	1 000	0	0	0
Stock	450 000	324 000	341 000	259 000
Total Investments	0	0	0	0
Cash, Bank	10 000	153 000	98 000	31 000
Total Current Assets	460 000	477 000	450 000	337 000
Total Assets	461 000	477 000	450 000	337 000
Total Equity	156 000	160 000	97 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	16 000	85 000	32 000
Unpaid Taxes	15 000	36 000	40 000	17 000
Dividends	0	0	0	0
Other Current Debt	283 000	247 000	217 000	219 000
Total Current Debt	305 000	317 000	352 000	277 000
Total Equity and Debt	461 000	477 000	450 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,56 %	39,38 %	38,14 %	63,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,56 %	7,4 %	5,94 %	7,25 %
Current Ratio	1,51	1,5	1,28	1,22
Quick Ratio	−3,17	−68,14	40,91	18,72
Equity Ratio	0,34	0,34	0,22	0,18
Gross Profit Margin	−7,87 %	18,19 %	2,1 %	7,4 %