KRINGE AS

7024 TRONDHEIM

Finances

Share Ownership

Return on Equity

−68,47 %

Current Ratio

10,22

Debt-to-Equity Ratio

12,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 001 000	1 499 000	1 273 000	997 000
Net Income	−76 000	161 000	228 000	130 000
Total Assets	1 611 000	1 363 000	1 108 000	868 000
Total Equity	111 000	187 000	26 000	−202 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 001 000	1 499 000	1 273 000	997 000
Expenditure	1 079 000	1 299 000	1 040 000	866 000
Operating Profit	−77 000	201 000	233 000	130 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−77 000	200 000	233 000	130 000
Tax	−1 000	39 000	6 000	0
Net Income	−76 000	161 000	228 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	10 000	14 000	18 000
Total Current Assets	1 605 000	1 353 000	1 095 000	851 000
Total Assets	1 611 000	1 363 000	1 108 000	868 000
Total Retained Equity	90 000	166 000	5 000	−223 000
Total Equity	111 000	187 000	26 000	−202 000
Total Long-Term Debt	1 344 000	1 050 000	1 045 000	1 028 000
Total Current Debt	157 000	126 000	37 000	42 000
Total Equity and Debt	1 611 000	1 363 000	1 108 000	868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 001 000	1 499 000	1 273 000	997 000
Other Income	0	0	0	0
Revenue	1 001 000	1 499 000	1 273 000	997 000
Cost of Goods Sold	500 000	846 000	747 000	601 000
Salary Costs	307 000	165 000	0	0
Depreciation	4 000	4 000	4 000	2 000
Impairment	0	0	0	0
Expenditure	1 079 000	1 299 000	1 040 000	866 000
Operating Profit	−77 000	201 000	233 000	130 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−76 000	161 000	228 000	130 000

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	6 000	10 000	14 000	18 000
Total Tangible Assets	6 000	10 000	14 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	10 000	14 000	18 000
Stock	1 418 000	1 254 000	951 000	770 000
Total Investments	0	0	0	0
Cash, Bank	85 000	5 000	32 000	23 000
Total Current Assets	1 605 000	1 353 000	1 095 000	851 000
Total Assets	1 611 000	1 363 000	1 108 000	868 000
Total Equity	111 000	187 000	26 000	−202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 344 000	1 050 000	1 045 000	1 028 000
Creditors	74 000	39 000	14 000	14 000
Unpaid Taxes	44 000	48 000	18 000	29 000
Dividends	0	0	0	0
Other Current Debt	39 000	0	0	0
Total Current Debt	157 000	126 000	37 000	42 000
Total Equity and Debt	1 611 000	1 363 000	1 108 000	868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,47 %	86,1 %	876,92 %	−64,36 %
Debt-to-Equity Ratio	12,11	5,61	40,19	−5,09
Operating Profit Margin	−7,69 %	13,41 %	18,3 %	13,04 %
Current Ratio	10,22	10,74	29,59	20,26
Quick Ratio	−1,27	−1,2	−1,2	−1,17
Equity Ratio	0,07	0,14	0,02	−0,23
Gross Profit Margin	50,05 %	43,56 %	41,32 %	39,72 %