KÅRE RINGSETH AS

7732 STEINKJER

Finances

Share Ownership

Return on Equity

−27,21 %

Current Ratio

4,96

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 623 000	5 927 000	9 501 000	8 247 000
Net Income	−759 000	−999 000	−123 000	67 000
Total Assets	5 099 000	6 390 000	7 441 000	9 797 000
Total Equity	2 789 000	3 377 000	4 370 000	4 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 623 000	5 927 000	9 501 000	8 247 000
Expenditure	6 601 000	7 221 000	9 685 000	8 233 000
Operating Profit	−978 000	−1 295 000	−184 000	15 000
Financial Income	9 000	14 000	26 000	74 000
Financial Costs	4 000	0	0	3 000
Financial Balance	5 000	14 000	26 000	71 000
Earnings Before Tax	−974 000	−1 281 000	−158 000	86 000
Tax	−214 000	−282 000	−35 000	19 000
Net Income	−759 000	−999 000	−123 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	792 000	1 225 000	1 149 000
Total Current Assets	4 690 000	5 597 000	6 217 000	8 648 000
Total Assets	5 099 000	6 390 000	7 441 000	9 797 000
Total Retained Equity	1 417 000	2 989 000	3 983 000	4 226 000
Total Equity	2 789 000	3 377 000	4 370 000	4 613 000
Total Long-Term Debt	1 366 000	1 532 000	986 000	1 307 000
Total Current Debt	945 000	1 481 000	2 086 000	3 877 000
Total Equity and Debt	5 099 000	6 390 000	7 441 000	9 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 123 000	5 927 000	9 501 000	5 750 000
Other Income	500 000	0	0	2 498 000
Revenue	5 623 000	5 927 000	9 501 000	8 247 000
Cost of Goods Sold	409 000	95 000	2 425 000	150 000
Salary Costs	1 117 000	2 163 000	2 192 000	2 542 000
Depreciation	300 000	485 000	498 000	499 000
Impairment	0	0	0	0
Expenditure	6 601 000	7 221 000	9 685 000	8 233 000
Operating Profit	−978 000	−1 295 000	−184 000	15 000
Financial Income	9 000	14 000	26 000	74 000
Financial Costs	4 000	0	0	3 000
Financial Balance	5 000	14 000	26 000	71 000
Dividends	0	0	0	500 000
Net Income	−759 000	−999 000	−123 000	67 000

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	382 000	729 000	809 000
Fixtures	238 000	156 000	158 000	340 000
Total Tangible Assets	238 000	538 000	887 000	1 149 000
Total Fiancial Fixed Assets	172 000	255 000	337 000	0
Total Fixed Assets	410 000	792 000	1 225 000	1 149 000
Stock	210 000	175 000	215 000	421 000
Total Investments	0	0	0	0
Cash, Bank	1 212 000	2 378 000	3 451 000	3 408 000
Total Current Assets	4 690 000	5 597 000	6 217 000	8 648 000
Total Assets	5 099 000	6 390 000	7 441 000	9 797 000
Total Equity	2 789 000	3 377 000	4 370 000	4 613 000
Short-Term Group Debt	0	0	826 000	0
Total Long-Term Debt	1 366 000	1 532 000	986 000	1 307 000
Creditors	386 000	590 000	323 000	816 000
Unpaid Taxes	343 000	502 000	561 000	582 000
Dividends	0	0	0	500 000
Other Current Debt	215 000	390 000	296 000	1 978 000
Total Current Debt	945 000	1 481 000	2 086 000	3 877 000
Total Equity and Debt	5 099 000	6 390 000	7 441 000	9 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,21 %	−29,58 %	−2,81 %	1,45 %
Debt-to-Equity Ratio	0,49	0,45	0,23	0,28
Operating Profit Margin	−17,39 %	−21,85 %	−1,94 %	0,18 %
Current Ratio	4,96	3,78	2,98	2,23
Quick Ratio	6,38	4,29	3,32	2,5
Equity Ratio	0,55	0,53	0,59	0,47
Gross Profit Margin	92,73 %	98,4 %	74,48 %	98,18 %