KRINGSJAA AS

6003 ÅLESUND

Finances

Return on Equity

−5,9 %

Current Ratio

3,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	82 000	0	0
Net Income	−4 214 000	13 649 000	5 411 000	11 618 000
Total Assets	94 345 000	106 621 000	96 941 000	98 011 000
Total Equity	71 390 000	78 732 000	91 083 000	93 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	82 000	0	0
Expenditure	1 205 000	990 000	891 000	498 000
Operating Profit	−1 196 000	−908 000	−891 000	−498 000
Financial Income	4 392 000	15 005 000	8 409 000	12 771 000
Financial Costs	7 755 000	489 000	2 124 000	361 000
Financial Balance	−3 363 000	14 516 000	6 285 000	12 410 000
Earnings Before Tax	−4 559 000	13 608 000	5 395 000	11 911 000
Tax	−345 000	−41 000	−17 000	293 000
Net Income	−4 214 000	13 649 000	5 411 000	11 618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 243 000	16 305 000	17 742 000	19 974 000
Total Current Assets	72 102 000	90 316 000	79 199 000	78 037 000
Total Assets	94 345 000	106 621 000	96 941 000	98 011 000
Total Retained Equity	71 219 000	78 622 000	90 973 000	93 062 000
Total Equity	71 390 000	78 732 000	91 083 000	93 172 000
Total Long-Term Debt	237 000	582 000	623 000	640 000
Total Current Debt	22 718 000	27 307 000	5 235 000	4 200 000
Total Equity and Debt	94 345 000	106 621 000	96 941 000	98 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 000	82 000	0	0
Revenue	9 000	82 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 205 000	990 000	891 000	498 000
Operating Profit	−1 196 000	−908 000	−891 000	−498 000
Financial Income	4 392 000	15 005 000	8 409 000	12 771 000
Financial Costs	7 755 000	489 000	2 124 000	361 000
Financial Balance	−3 363 000	14 516 000	6 285 000	12 410 000
Dividends	0	6 000 000	5 000 000	4 000 000
Net Income	−4 214 000	13 649 000	5 411 000	11 618 000

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	21 000	0	0	0
Fixtures	0	0	0	39 000
Total Tangible Assets	21 000	0	0	39 000
Total Fiancial Fixed Assets	22 222 000	16 305 000	17 742 000	19 935 000
Total Fixed Assets	22 243 000	16 305 000	17 742 000	19 974 000
Stock	0	0	0	0
Total Investments	65 511 000	86 865 000	76 709 000	73 843 000
Cash, Bank	6 431 000	3 349 000	2 327 000	1 970 000
Total Current Assets	72 102 000	90 316 000	79 199 000	78 037 000
Total Assets	94 345 000	106 621 000	96 941 000	98 011 000
Total Equity	71 390 000	78 732 000	91 083 000	93 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	237 000	582 000	623 000	640 000
Creditors	378 000	0	2 000	1 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	6 000 000	5 000 000	4 000 000
Other Current Debt	22 340 000	21 307 000	233 000	198 000
Total Current Debt	22 718 000	27 307 000	5 235 000	4 200 000
Total Equity and Debt	94 345 000	106 621 000	96 941 000	98 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,9 %	17,34 %	5,94 %	12,47 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−13 288,89 %	−1 107,32 %	-	-
Current Ratio	3,17	3,31	15,13	18,58
Quick Ratio	3,17	3,31	15,13	18,58
Equity Ratio	0,76	0,74	0,94	0,95
Gross Profit Margin	100 %	100 %	-	-