KÅRE & SVEIN RØNNINGEN AS

3302 HOKKSUND

Finances

Return on Equity

1,37 %

Current Ratio

0,45

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 000	7 842 000	748 000	930 000
Net Income	61 000	552 000	−238 000	−141 000
Total Assets	14 020 000	14 599 000	19 607 000	15 770 000
Total Equity	4 454 000	4 393 000	3 841 000	4 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 000	7 842 000	748 000	930 000
Expenditure	462 000	931 000	3 775 000	3 048 000
Operating Profit	411 000	1 304 000	343 000	344 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	333 000	532 000	649 000	531 000
Financial Balance	−333 000	−531 000	−648 000	−524 000
Earnings Before Tax	78 000	772 000	−305 000	−181 000
Tax	17 000	221 000	−67 000	−40 000
Net Income	61 000	552 000	−238 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 370 000	13 390 000	12 907 000	9 891 000
Total Current Assets	651 000	1 209 000	6 700 000	5 879 000
Total Assets	14 020 000	14 599 000	19 607 000	15 770 000
Total Retained Equity	3 454 000	3 393 000	2 841 000	3 079 000
Total Equity	4 454 000	4 393 000	3 841 000	4 079 000
Total Long-Term Debt	8 109 000	8 429 000	10 917 000	7 514 000
Total Current Debt	1 457 000	1 776 000	4 848 000	4 177 000
Total Equity and Debt	14 020 000	14 599 000	19 607 000	15 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 000 000	748 000	923 000
Other Income	872 000	842 000	0	7 000
Revenue	872 000	7 842 000	748 000	930 000
Cost of Goods Sold	0	197 000	2 750 000	2 021 000
Salary Costs	47 000	53 000	54 000	51 000
Depreciation	72 000	72 000	61 000	59 000
Impairment	0	0	0	0
Expenditure	462 000	931 000	3 775 000	3 048 000
Operating Profit	411 000	1 304 000	343 000	344 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	333 000	532 000	649 000	531 000
Financial Balance	−333 000	−531 000	−648 000	−524 000
Dividends	0	0	0	0
Net Income	61 000	552 000	−238 000	−141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 475 000	12 482 000	12 315 000	9 861 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	49 000	62 000	0
Total Tangible Assets	12 511 000	12 531 000	12 377 000	9 861 000
Total Fiancial Fixed Assets	858 000	858 000	530 000	30 000
Total Fixed Assets	13 370 000	13 390 000	12 907 000	9 891 000
Stock	0	0	5 832 000	4 976 000
Total Investments	0	0	0	0
Cash, Bank	404 000	762 000	514 000	736 000
Total Current Assets	651 000	1 209 000	6 700 000	5 879 000
Total Assets	14 020 000	14 599 000	19 607 000	15 770 000
Total Equity	4 454 000	4 393 000	3 841 000	4 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 109 000	8 429 000	10 917 000	7 514 000
Creditors	239 000	399 000	1 255 000	589 000
Unpaid Taxes	1 000	7 000	8 000	19 000
Dividends	0	0	0	0
Other Current Debt	1 176 000	1 263 000	486 000	352 000
Total Current Debt	1 457 000	1 776 000	4 848 000	4 177 000
Total Equity and Debt	14 020 000	14 599 000	19 607 000	15 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,37 %	12,57 %	−6,2 %	−3,46 %
Debt-to-Equity Ratio	1,82	1,92	2,84	1,84
Operating Profit Margin	47,13 %	16,63 %	45,86 %	36,99 %
Current Ratio	0,45	0,68	1,38	1,41
Quick Ratio	0,45	0,68	−6,81	−7,36
Equity Ratio	0,32	0,3	0,2	0,26
Gross Profit Margin	100 %	97,49 %	−267,65 %	−117,31 %