KRANRINGEN AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

29,72 %

Current Ratio

1,6

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 993 000	213 835 000	159 776 000	200 171 000
Net Income	13 735 000	12 295 000	−1 330 000	7 542 000
Total Assets	164 866 000	224 673 000	209 773 000	229 054 000
Total Equity	46 220 000	48 085 000	51 250 000	52 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 993 000	213 835 000	159 776 000	200 171 000
Expenditure	193 000 000	197 423 000	155 094 000	187 404 000
Operating Profit	19 994 000	16 412 000	4 682 000	12 766 000
Financial Income	928 000	2 132 000	518 000	1 230 000
Financial Costs	3 279 000	2 771 000	6 899 000	4 315 000
Financial Balance	−2 351 000	−639 000	−6 381 000	−3 085 000
Earnings Before Tax	17 644 000	15 772 000	−1 698 000	9 681 000
Tax	3 908 000	3 478 000	−368 000	2 139 000
Net Income	13 735 000	12 295 000	−1 330 000	7 542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 868 000	162 976 000	163 432 000	180 139 000
Total Current Assets	70 998 000	61 697 000	46 341 000	48 915 000
Total Assets	164 866 000	224 673 000	209 773 000	229 054 000
Total Retained Equity	31 893 000	33 758 000	36 924 000	38 254 000
Total Equity	46 220 000	48 085 000	51 250 000	52 581 000
Total Long-Term Debt	74 317 000	127 569 000	130 543 000	139 261 000
Total Current Debt	44 329 000	49 019 000	27 979 000	37 213 000
Total Equity and Debt	164 866 000	224 673 000	209 773 000	229 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	192 457 000	213 190 000	154 795 000	199 855 000
Other Income	20 536 000	646 000	4 982 000	315 000
Revenue	212 993 000	213 835 000	159 776 000	200 171 000
Cost of Goods Sold	64 887 000	60 437 000	21 499 000	29 678 000
Salary Costs	54 365 000	64 867 000	60 566 000	76 501 000
Depreciation	27 527 000	28 594 000	20 250 000	19 350 000
Impairment	0	0	0	500 000
Expenditure	193 000 000	197 423 000	155 094 000	187 404 000
Operating Profit	19 994 000	16 412 000	4 682 000	12 766 000
Financial Income	928 000	2 132 000	518 000	1 230 000
Financial Costs	3 279 000	2 771 000	6 899 000	4 315 000
Financial Balance	−2 351 000	−639 000	−6 381 000	−3 085 000
Dividends	0	10 000 000	0	0
Net Income	13 735 000	12 295 000	−1 330 000	7 542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	335 000	500 000
Machinery and Plant Facilities	71 788 000	139 415 000	0	0
Fixtures	21 788 000	23 254 000	139 312 000	151 383 000
Total Tangible Assets	93 576 000	162 668 000	139 647 000	151 882 000
Total Fiancial Fixed Assets	291 000	308 000	23 786 000	28 257 000
Total Fixed Assets	93 868 000	162 976 000	163 432 000	180 139 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 957 000	8 433 000	14 008 000	11 666 000
Total Current Assets	70 998 000	61 697 000	46 341 000	48 915 000
Total Assets	164 866 000	224 673 000	209 773 000	229 054 000
Total Equity	46 220 000	48 085 000	51 250 000	52 581 000
Short-Term Group Debt	21 579 000	7 000 000	0	0
Total Long-Term Debt	74 317 000	127 569 000	130 543 000	139 261 000
Creditors	7 638 000	15 295 000	17 167 000	22 444 000
Unpaid Taxes	4 620 000	9 979 000	4 622 000	7 085 000
Dividends	0	10 000 000	0	0
Other Current Debt	9 667 000	6 588 000	5 424 000	7 042 000
Total Current Debt	44 329 000	49 019 000	27 979 000	37 213 000
Total Equity and Debt	164 866 000	224 673 000	209 773 000	229 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,72 %	25,57 %	−2,6 %	14,34 %
Debt-to-Equity Ratio	1,61	2,65	2,55	2,65
Operating Profit Margin	9,39 %	7,68 %	2,93 %	6,38 %
Current Ratio	1,6	1,26	1,66	1,31
Quick Ratio	1,6	1,26	1,66	1,31
Equity Ratio	0,28	0,21	0,24	0,23
Gross Profit Margin	69,54 %	71,74 %	86,54 %	85,17 %