KOTNEM AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

12,08 %

Current Ratio

3,18

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 199 000	2 121 000	2 119 000	2 076 000
Net Income	1 180 000	1 178 000	1 090 000	943 000
Total Assets	18 464 000	17 966 000	17 723 000	18 106 000
Total Equity	9 772 000	8 592 000	7 414 000	6 323 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 199 000	2 121 000	2 119 000	2 076 000
Expenditure	425 000	442 000	479 000	531 000
Operating Profit	1 774 000	1 678 000	1 639 000	1 545 000
Financial Income	14 000	0	1 000	8 000
Financial Costs	275 000	168 000	243 000	344 000
Financial Balance	−261 000	−168 000	−242 000	−336 000
Earnings Before Tax	1 513 000	1 511 000	1 398 000	1 210 000
Tax	333 000	332 000	308 000	266 000
Net Income	1 180 000	1 178 000	1 090 000	943 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 149 000	17 351 000	17 552 000	17 825 000
Total Current Assets	1 315 000	615 000	171 000	281 000
Total Assets	18 464 000	17 966 000	17 723 000	18 106 000
Total Retained Equity	4 096 000	2 916 000	1 738 000	647 000
Total Equity	9 772 000	8 592 000	7 414 000	6 323 000
Total Long-Term Debt	8 278 000	8 983 000	8 932 000	10 392 000
Total Current Debt	414 000	391 000	1 377 000	1 391 000
Total Equity and Debt	18 464 000	17 966 000	17 723 000	18 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 191 000	2 116 000	2 086 000	2 053 000
Other Income	8 000	5 000	32 000	23 000
Revenue	2 199 000	2 121 000	2 119 000	2 076 000
Cost of Goods Sold	166 000	142 000	146 000	212 000
Salary Costs	0	0	0	0
Depreciation	202 000	201 000	273 000	270 000
Impairment	0	0	0	0
Expenditure	425 000	442 000	479 000	531 000
Operating Profit	1 774 000	1 678 000	1 639 000	1 545 000
Financial Income	14 000	0	1 000	8 000
Financial Costs	275 000	168 000	243 000	344 000
Financial Balance	−261 000	−168 000	−242 000	−336 000
Dividends	0	0	0	0
Net Income	1 180 000	1 178 000	1 090 000	943 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 149 000	17 351 000	17 552 000	17 825 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 149 000	17 351 000	17 552 000	17 825 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 149 000	17 351 000	17 552 000	17 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 286 000	588 000	146 000	259 000
Total Current Assets	1 315 000	615 000	171 000	281 000
Total Assets	18 464 000	17 966 000	17 723 000	18 106 000
Total Equity	9 772 000	8 592 000	7 414 000	6 323 000
Short-Term Group Debt	0	0	1 000 000	1 000 000
Total Long-Term Debt	8 278 000	8 983 000	8 932 000	10 392 000
Creditors	3 000	6 000	10 000	68 000
Unpaid Taxes	90 000	87 000	85 000	72 000
Dividends	0	0	0	0
Other Current Debt	34 000	17 000	15 000	32 000
Total Current Debt	414 000	391 000	1 377 000	1 391 000
Total Equity and Debt	18 464 000	17 966 000	17 723 000	18 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,08 %	13,71 %	14,7 %	14,91 %
Debt-to-Equity Ratio	0,85	1,05	1,2	1,64
Operating Profit Margin	80,67 %	79,11 %	77,35 %	74,42 %
Current Ratio	3,18	1,57	0,12	0,2
Quick Ratio	3,18	1,57	0,12	0,2
Equity Ratio	0,53	0,48	0,42	0,35
Gross Profit Margin	92,45 %	93,31 %	93,11 %	89,79 %