KRINGSJÅS VENNER

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

13,15 %

Current Ratio

6,14

Debt-to-Equity Ratio

Key figures (NOK)	2015	2014	2013	2012
Revenue	1 974 000	1 757 000	1 498 000	1 553 000
Net Income	325 000	292 000	−104 000	169 000
Total Assets	2 913 000	2 550 000	2 885 000	2 334 000
Total Equity	2 471 000	2 146 000	2 072 000	2 176 000

Income (NOK)	2015	2014	2013	2012
Revenue	1 974 000	1 757 000	1 498 000	1 553 000
Expenditure	1 686 000	1 529 000	1 668 000	1 442 000
Operating Profit	288 000	228 000	−170 000	111 000
Financial Income	37 000	63 000	65 000	58 000
Financial Costs	0	0	0	0
Financial Balance	37 000	63 000	65 000	58 000
Earnings Before Tax	325 000	291 000	−104 000	169 000
Tax	0	0	0	0
Net Income	325 000	292 000	−104 000	169 000

Balance (NOK)	2015	2014	2013	2012
Total Fixed Assets	201 000	265 000	136 000	204 000
Total Current Assets	2 712 000	2 286 000	2 750 000	2 130 000
Total Assets	2 913 000	2 550 000	2 885 000	2 334 000
Total Retained Equity	2 471 000	2 146 000	2 072 000	2 176 000
Total Equity	2 471 000	2 146 000	2 072 000	2 176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	442 000	404 000	813 000	157 000
Total Equity and Debt	2 913 000	2 550 000	2 885 000	2 334 000

Cash flow (NOK)	2015	2014	2013	2012
Sales Income	1 203 000	16 000	942 000	1 316 000
Other Income	771 000	1 741 000	556 000	237 000
Revenue	1 974 000	1 757 000	1 498 000	1 553 000
Cost of Goods Sold	166 000	131 000	131 000	140 000
Salary Costs	979 000	0	851 000	774 000
Depreciation	85 000	0	47 000	68 000
Impairment	0	0	0	0
Expenditure	1 686 000	1 529 000	1 668 000	1 442 000
Operating Profit	288 000	228 000	−170 000	111 000
Financial Income	37 000	63 000	65 000	58 000
Financial Costs	0	0	0	0
Financial Balance	37 000	63 000	65 000	58 000
Dividends	0	0	0	0
Net Income	325 000	292 000	−104 000	169 000

Balance details (NOK)	2015	2014	2013	2012
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	201 000	0	136 000	204 000
Total Tangible Assets	201 000	265 000	136 000	204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	201 000	265 000	136 000	204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 641 000	2 211 000	2 704 000	2 099 000
Total Current Assets	2 712 000	2 286 000	2 750 000	2 130 000
Total Assets	2 913 000	2 550 000	2 885 000	2 334 000
Total Equity	2 471 000	2 146 000	2 072 000	2 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	74 000	70 000	213 000	35 000
Unpaid Taxes	88 000	75 000	90 000	63 000
Dividends	0	0	0	0
Other Current Debt	281 000	260 000	511 000	59 000
Total Current Debt	442 000	404 000	813 000	157 000
Total Equity and Debt	2 913 000	2 550 000	2 885 000	2 334 000

Financial indicators	2015	2014	2013	2012
Return on Equity	13,15 %	13,61 %	−5,02 %	7,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,59 %	12,98 %	−11,35 %	7,15 %
Current Ratio	6,14	5,66	3,38	13,57
Quick Ratio	6,14	5,66	3,38	13,57
Equity Ratio	0,85	0,84	0,72	0,93
Gross Profit Margin	91,59 %	92,54 %	91,26 %	90,99 %