KINERA COATING AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

251,02 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 340 000	5 651 000	3 678 000	3 352 000
Net Income	−1 230 000	−1 647 000	−627 000	−1 251 000
Total Assets	2 375 000	1 477 000	3 523 000	2 341 000
Total Equity	−490 000	741 000	2 388 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 340 000	5 651 000	3 678 000	3 352 000
Expenditure	9 568 000	7 170 000	4 352 000	4 866 000
Operating Profit	−1 227 000	−1 520 000	−675 000	−1 515 000
Financial Income	0	3 000	1 000	3 000
Financial Costs	4 000	48 000	64 000	5 000
Financial Balance	−4 000	−45 000	−63 000	−2 000
Earnings Before Tax	−1 230 000	−1 565 000	−737 000	−1 518 000
Tax	0	82 000	−110 000	−267 000
Net Income	−1 230 000	−1 647 000	−627 000	−1 251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	56 000	139 000	541 000
Total Current Assets	2 193 000	1 420 000	3 384 000	1 800 000
Total Assets	2 375 000	1 477 000	3 523 000	2 341 000
Total Retained Equity	−520 000	711 000	0	0
Total Equity	−490 000	741 000	2 388 000	1 299 000
Total Long-Term Debt	0	0	0	150 000
Total Current Debt	2 865 000	736 000	1 135 000	892 000
Total Equity and Debt	2 375 000	1 477 000	3 523 000	2 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 340 000	5 651 000	3 136 000	2 637 000
Other Income	0	0	542 000	715 000
Revenue	8 340 000	5 651 000	3 678 000	3 352 000
Cost of Goods Sold	3 113 000	2 926 000	935 000	279 000
Salary Costs	2 948 000	1 753 000	714 000	904 000
Depreciation	54 000	25 000	298 000	157 000
Impairment	0	0	0	0
Expenditure	9 568 000	7 170 000	4 352 000	4 866 000
Operating Profit	−1 227 000	−1 520 000	−675 000	−1 515 000
Financial Income	0	3 000	1 000	3 000
Financial Costs	4 000	48 000	64 000	5 000
Financial Balance	−4 000	−45 000	−63 000	−2 000
Dividends	0	0	0	0
Net Income	−1 230 000	−1 647 000	−627 000	−1 251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	82 000	410 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	182 000	56 000	57 000	131 000
Total Tangible Assets	182 000	56 000	57 000	131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	182 000	56 000	139 000	541 000
Stock	659 000	444 000	341 000	633 000
Total Investments	0	0	0	0
Cash, Bank	671 000	219 000	52 000	173 000
Total Current Assets	2 193 000	1 420 000	3 384 000	1 800 000
Total Assets	2 375 000	1 477 000	3 523 000	2 341 000
Total Equity	−490 000	741 000	2 388 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	150 000
Creditors	2 193 000	285 000	242 000	478 000
Unpaid Taxes	367 000	210 000	168 000	44 000
Dividends	0	0	0	0
Other Current Debt	304 000	241 000	725 000	370 000
Total Current Debt	2 865 000	736 000	1 135 000	892 000
Total Equity and Debt	2 375 000	1 477 000	3 523 000	2 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	251,02 %	−222,27 %	−26,26 %	−96,3 %
Debt-to-Equity Ratio	−0	0	0	0,12
Operating Profit Margin	−14,71 %	−26,9 %	−18,35 %	−45,2 %
Current Ratio	0,77	1,93	2,98	2,02
Quick Ratio	0,99	4,86	4,26	6,95
Equity Ratio	−0,21	0,5	0,68	0,55
Gross Profit Margin	62,67 %	48,22 %	74,58 %	91,68 %