HÅVARD KRINGEN INVEST AS

7550 HOMMELVIK

Finances

Return on Equity

2,09 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	407 000	253 000	344 000	0
Net Income	48 000	164 000	−177 000	753 000
Total Assets	2 880 000	2 837 000	2 779 000	3 260 000
Total Equity	2 299 000	2 251 000	2 087 000	2 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	407 000	253 000	344 000	0
Expenditure	64 000	62 000	65 000	−937 000
Operating Profit	343 000	191 000	279 000	938 000
Financial Income	67 000	22 000	20 000	27 000
Financial Costs	281 000	2 000	414 000	0
Financial Balance	−214 000	20 000	−394 000	27 000
Earnings Before Tax	130 000	211 000	−114 000	965 000
Tax	82 000	46 000	63 000	212 000
Net Income	48 000	164 000	−177 000	753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 516 000	2 246 000	2 566 000	3 236 000
Total Current Assets	365 000	591 000	213 000	24 000
Total Assets	2 880 000	2 837 000	2 779 000	3 260 000
Total Retained Equity	2 194 000	2 146 000	1 982 000	2 159 000
Total Equity	2 299 000	2 251 000	2 087 000	2 264 000
Total Long-Term Debt	0	0	66 000	200 000
Total Current Debt	581 000	586 000	627 000	796 000
Total Equity and Debt	2 880 000	2 837 000	2 779 000	3 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	407 000	253 000	344 000	0
Other Income	0	0	0	0
Revenue	407 000	253 000	344 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	9 000	−959 000
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	64 000	62 000	65 000	−937 000
Operating Profit	343 000	191 000	279 000	938 000
Financial Income	67 000	22 000	20 000	27 000
Financial Costs	281 000	2 000	414 000	0
Financial Balance	−214 000	20 000	−394 000	27 000
Dividends	0	0	0	0
Net Income	48 000	164 000	−177 000	753 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 516 000	2 246 000	2 566 000	3 236 000
Total Fixed Assets	2 516 000	2 246 000	2 566 000	3 236 000
Stock	0	0	0	0
Total Investments	149 000	400 000	0	0
Cash, Bank	216 000	165 000	182 000	22 000
Total Current Assets	365 000	591 000	213 000	24 000
Total Assets	2 880 000	2 837 000	2 779 000	3 260 000
Total Equity	2 299 000	2 251 000	2 087 000	2 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	66 000	200 000
Creditors	0	0	3 000	3 000
Unpaid Taxes	96 000	58 000	83 000	0
Dividends	0	0	0	0
Other Current Debt	404 000	481 000	478 000	579 000
Total Current Debt	581 000	586 000	627 000	796 000
Total Equity and Debt	2 880 000	2 837 000	2 779 000	3 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,09 %	7,29 %	−8,48 %	33,26 %
Debt-to-Equity Ratio	0	0	0,03	0,09
Operating Profit Margin	84,28 %	75,49 %	81,1 %	-
Current Ratio	0,63	1,01	0,34	0,03
Quick Ratio	0,63	1,01	0,34	0,03
Equity Ratio	0,8	0,79	0,75	0,69
Gross Profit Margin	100 %	100 %	100 %	-