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KÅRE RINGSETH AS
AS
Active
Org 928975924
Rygg, 7732 Steinkjer
Operation of gravel and sand pits and mining of clay and kaolin · NACE 0812
Est. 1980
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,1M
+20% vs 2023
EBITDA margin
10.8%
+7213% vs 2023
Equity ratio
61.5%
Financial strength
Net profit 2024
NOK 569K
+1671% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2020
-1M
-100%
2021
-1M
0%
2022
0M
+100%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 7,1M
+20%
EBITDA
NOK 765K
+7213%
Net profit
NOK 569K
+1671%
Total assets
NOK 5,4M
+19%
Equity
NOK 3,3M
+21%
Employees
6
—
Company information
Legal name
KÅRE RINGSETH AS
Org number
928975924
Legal form
Aksjeselskap
NACE code
0812 · Operation of gravel and sand pits and mining of clay and kaolin
Founded
20. mars 1980
Share capital
—
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Rygg, 7732 Steinkjer
Phone
+4774149441
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Explore
Companies in Operation of gravel and sand pits and mining of clay and kaolin
Companies in Steinkjer
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
10M
2020
6M
2021
6M
2022
6M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
-1M
2021
-1M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 501
5 927
5 623
5 948
7 114
Staff expenses
−2 192
−2 163
−1 117
−1 192
−1 177
EBITDA
315
−810
−678
10
765
Depreciation & amort.
−498
−485
−300
−69
−69
EBIT
−184
−1 295
−978
−59
696
Net financials
26
14
5
12
34
Profit before tax
−158
−1 281
−974
−46
730
Tax
−35
−282
−214
−10
161
Net profit
−123
−999
−759
−36
569
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
7 441
6 390
5 099
4 552
5 399
Equity
4 370
3 377
2 789
2 752
3 321
Long-term debt
986
1 532
1 366
493
488
Short-term debt
2 086
1 481
945
1 306
1 589
Total debt
3 071
3 013
2 311
1 799
2 078
Financial ratios
5-year trend
EBITDA margin
10.8%
This company
15.8%
Market median
-32% vs market
2020
2024
Equity ratio
61.5%
This company
38.2%
Market median
+61% vs market
2020
2024
Return on equity
17.1%
This company
18.4%
Market median
+7% vs market
2020
2024
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
2020
2024
Asset turnover
1.32×
This company
1.12×
Market median
+18% vs market
2020
2024
Debt / equity
0.63×
This company
0.62×
Market median
+2% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
RE
Randi Ellinor Aassved Ringseth
Deputy Member
Deputy Member
1989
KJ
Kåre Jorulf Ringseth
Chief Executive Officer
Chief Executive Officer
2011
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
K.J.R. Holding As
Company
100%
100%
2024
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Company hierarchy
K.J.R. Holding As
KÅRE RINGSETH AS
(this company)
Board network connections
Board members of KÅRE RINGSETH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Randi Ellinor Aassved Ringseth
Deputy Member
0 companies
Kåre Jorulf Ringseth
Chief Executive Officer
0 companies