KRINGLA AS

8300 SVOLVÆR

Finances

Return on Equity

98,41 %

Current Ratio

1,7

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 654 000	20 224 000	18 196 000	20 052 000
Net Income	1 922 000	497 000	905 000	284 000
Total Assets	7 394 000	8 251 000	8 021 000	6 438 000
Total Equity	1 953 000	1 423 000	2 634 000	1 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 654 000	20 224 000	18 196 000	20 052 000
Expenditure	20 105 000	19 478 000	16 843 000	19 660 000
Operating Profit	2 549 000	745 000	1 353 000	393 000
Financial Income	54 000	37 000	53 000	83 000
Financial Costs	147 000	146 000	159 000	127 000
Financial Balance	−93 000	−109 000	−106 000	−44 000
Earnings Before Tax	2 456 000	636 000	1 246 000	349 000
Tax	534 000	139 000	341 000	64 000
Net Income	1 922 000	497 000	905 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 350 000	4 353 000	4 351 000	4 746 000
Total Current Assets	5 044 000	3 899 000	3 670 000	1 692 000
Total Assets	7 394 000	8 251 000	8 021 000	6 438 000
Total Retained Equity	1 883 000	1 353 000	2 564 000	1 705 000
Total Equity	1 953 000	1 423 000	2 634 000	1 775 000
Total Long-Term Debt	2 473 000	3 033 000	3 360 000	1 547 000
Total Current Debt	2 968 000	3 795 000	2 027 000	3 116 000
Total Equity and Debt	7 394 000	8 251 000	8 021 000	6 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 527 000	20 224 000	17 919 000	20 052 000
Other Income	127 000	0	277 000	0
Revenue	22 654 000	20 224 000	18 196 000	20 052 000
Cost of Goods Sold	6 045 000	5 420 000	4 634 000	5 470 000
Salary Costs	8 141 000	7 973 000	6 715 000	7 790 000
Depreciation	439 000	498 000	666 000	730 000
Impairment	0	0	0	0
Expenditure	20 105 000	19 478 000	16 843 000	19 660 000
Operating Profit	2 549 000	745 000	1 353 000	393 000
Financial Income	54 000	37 000	53 000	83 000
Financial Costs	147 000	146 000	159 000	127 000
Financial Balance	−93 000	−109 000	−106 000	−44 000
Dividends	0	0	0	0
Net Income	1 922 000	497 000	905 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	246 000	200 000	221 000	363 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 828 000	2 132 000	2 267 000	2 572 000
Fixtures	0	0	0	0
Total Tangible Assets	1 828 000	2 132 000	2 267 000	2 572 000
Total Fiancial Fixed Assets	276 000	2 021 000	1 863 000	1 812 000
Total Fixed Assets	2 350 000	4 353 000	4 351 000	4 746 000
Stock	1 086 000	1 038 000	884 000	804 000
Total Investments	0	0	0	0
Cash, Bank	2 826 000	2 095 000	2 119 000	242 000
Total Current Assets	5 044 000	3 899 000	3 670 000	1 692 000
Total Assets	7 394 000	8 251 000	8 021 000	6 438 000
Total Equity	1 953 000	1 423 000	2 634 000	1 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 473 000	3 033 000	3 360 000	1 547 000
Creditors	798 000	524 000	622 000	589 000
Unpaid Taxes	694 000	566 000	461 000	611 000
Dividends	0	0	0	0
Other Current Debt	856 000	880 000	698 000	812 000
Total Current Debt	2 968 000	3 795 000	2 027 000	3 116 000
Total Equity and Debt	7 394 000	8 251 000	8 021 000	6 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,41 %	34,93 %	34,36 %	16 %
Debt-to-Equity Ratio	1,27	2,13	1,28	0,87
Operating Profit Margin	11,25 %	3,68 %	7,44 %	1,96 %
Current Ratio	1,7	1,03	1,81	0,54
Quick Ratio	2,68	1,41	3,21	0,73
Equity Ratio	0,26	0,17	0,33	0,28
Gross Profit Margin	73,32 %	73,2 %	74,53 %	72,72 %