KRING AS

1369 STABEKK

Finances

Return on Equity

−69,88 %

Current Ratio

308,83

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	305 000	457 000	1 705 000
Net Income	−1 028 000	353 000	302 000	1 269 000
Total Assets	2 884 000	3 464 000	3 140 000	3 167 000
Total Equity	1 471 000	2 500 000	2 146 000	1 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	305 000	457 000	1 705 000
Expenditure	32 000	43 000	66 000	69 000
Operating Profit	−32 000	262 000	391 000	1 636 000
Financial Income	0	150 000	1 000	1 000
Financial Costs	997 000	0	3 000	10 000
Financial Balance	−997 000	150 000	−2 000	−9 000
Earnings Before Tax	−1 028 000	412 000	388 000	1 627 000
Tax	0	59 000	86 000	358 000
Net Income	−1 028 000	353 000	302 000	1 269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 031 000	1 180 000	1 180 000	1 180 000
Total Current Assets	1 853 000	2 284 000	1 960 000	1 987 000
Total Assets	2 884 000	3 464 000	3 140 000	3 167 000
Total Retained Equity	977 000	2 005 000	1 652 000	1 350 000
Total Equity	1 471 000	2 500 000	2 146 000	1 844 000
Total Long-Term Debt	1 406 000	903 000	905 000	911 000
Total Current Debt	6 000	61 000	88 000	411 000
Total Equity and Debt	2 884 000	3 464 000	3 140 000	3 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	305 000	457 000	1 705 000
Other Income	0	0	0	0
Revenue	0	305 000	457 000	1 705 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	43 000	66 000	69 000
Operating Profit	−32 000	262 000	391 000	1 636 000
Financial Income	0	150 000	1 000	1 000
Financial Costs	997 000	0	3 000	10 000
Financial Balance	−997 000	150 000	−2 000	−9 000
Dividends	0	0	0	0
Net Income	−1 028 000	353 000	302 000	1 269 000

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	1 031 000	1 180 000	1 180 000	1 180 000
Total Fixed Assets	1 031 000	1 180 000	1 180 000	1 180 000
Stock	0	0	0	0
Total Investments	1 242 000	1 280 000	982 000	0
Cash, Bank	610 000	698 000	978 000	1 736 000
Total Current Assets	1 853 000	2 284 000	1 960 000	1 987 000
Total Assets	2 884 000	3 464 000	3 140 000	3 167 000
Total Equity	1 471 000	2 500 000	2 146 000	1 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 406 000	903 000	905 000	911 000
Creditors	6 000	2 000	1 000	3 000
Unpaid Taxes	0	0	0	51 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	61 000	88 000	411 000
Total Equity and Debt	2 884 000	3 464 000	3 140 000	3 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,88 %	14,12 %	14,07 %	68,82 %
Debt-to-Equity Ratio	0,96	0,36	0,42	0,49
Operating Profit Margin	-	85,9 %	85,56 %	95,95 %
Current Ratio	308,83	37,44	22,27	4,83
Quick Ratio	308,83	37,44	22,27	4,83
Equity Ratio	0,51	0,72	0,68	0,58
Gross Profit Margin	-	100 %	100 %	100 %