KENNETH FOSS AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

44,58 %

Current Ratio

5,35

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 052 000	8 107 000	3 249 000	2 934 000
Net Income	786 000	291 000	256 000	112 000
Total Assets	2 426 000	2 160 000	2 099 000	1 362 000
Total Equity	1 763 000	1 177 000	1 385 000	1 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 052 000	8 107 000	3 249 000	2 934 000
Expenditure	8 003 000	7 725 000	2 914 000	2 782 000
Operating Profit	1 050 000	382 000	336 000	152 000
Financial Income	1 000	0	0	1 000
Financial Costs	42 000	9 000	8 000	9 000
Financial Balance	−41 000	−9 000	−8 000	−8 000
Earnings Before Tax	1 008 000	374 000	328 000	144 000
Tax	222 000	82 000	72 000	32 000
Net Income	786 000	291 000	256 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	44 000	45 000	30 000
Total Current Assets	2 382 000	2 116 000	2 054 000	1 331 000
Total Assets	2 426 000	2 160 000	2 099 000	1 362 000
Total Retained Equity	1 733 000	1 147 000	1 355 000	1 100 000
Total Equity	1 763 000	1 177 000	1 385 000	1 130 000
Total Long-Term Debt	218 000	272 000	355 000	32 000
Total Current Debt	445 000	711 000	358 000	200 000
Total Equity and Debt	2 426 000	2 160 000	2 099 000	1 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 052 000	8 107 000	3 249 000	2 934 000
Other Income	0	0	0	0
Revenue	9 052 000	8 107 000	3 249 000	2 934 000
Cost of Goods Sold	6 435 000	6 389 000	1 876 000	1 684 000
Salary Costs	765 000	730 000	456 000	464 000
Depreciation	0	1 000	7 000	22 000
Impairment	0	0	0	0
Expenditure	8 003 000	7 725 000	2 914 000	2 782 000
Operating Profit	1 050 000	382 000	336 000	152 000
Financial Income	1 000	0	0	1 000
Financial Costs	42 000	9 000	8 000	9 000
Financial Balance	−41 000	−9 000	−8 000	−8 000
Dividends	200 000	0	0	0
Net Income	786 000	291 000	256 000	112 000

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	1 000	8 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	1 000	8 000
Total Fiancial Fixed Assets	44 000	44 000	44 000	22 000
Total Fixed Assets	44 000	44 000	45 000	30 000
Stock	298 000	964 000	712 000	250 000
Total Investments	0	0	0	0
Cash, Bank	1 793 000	1 052 000	967 000	549 000
Total Current Assets	2 382 000	2 116 000	2 054 000	1 331 000
Total Assets	2 426 000	2 160 000	2 099 000	1 362 000
Total Equity	1 763 000	1 177 000	1 385 000	1 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	218 000	272 000	355 000	32 000
Creditors	60 000	1 000	115 000	8 000
Unpaid Taxes	45 000	68 000	68 000	52 000
Dividends	200 000	0	0	0
Other Current Debt	115 000	556 000	96 000	94 000
Total Current Debt	445 000	711 000	358 000	200 000
Total Equity and Debt	2 426 000	2 160 000	2 099 000	1 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,58 %	24,72 %	18,48 %	9,91 %
Debt-to-Equity Ratio	0,12	0,23	0,26	0,03
Operating Profit Margin	11,6 %	4,71 %	10,34 %	5,18 %
Current Ratio	5,35	2,98	5,74	6,66
Quick Ratio	16,2	−8,36	−5,8	−26,62
Equity Ratio	0,73	0,54	0,66	0,83
Gross Profit Margin	28,91 %	21,19 %	42,26 %	42,6 %