KINNAN NORGE AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

55,85 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 359 000	59 101 000	48 006 000	47 723 000
Net Income	4 064 000	2 203 000	−33 000	346 000
Total Assets	33 061 000	26 606 000	21 141 000	14 734 000
Total Equity	7 277 000	3 213 000	1 010 000	1 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 359 000	59 101 000	48 006 000	47 723 000
Expenditure	79 596 000	56 433 000	45 721 000	47 412 000
Operating Profit	6 291 000	3 164 000	1 852 000	421 000
Financial Income	4 000	3 000	13 000	351 000
Financial Costs	1 053 000	337 000	1 905 000	321 000
Financial Balance	−1 049 000	−334 000	−1 892 000	30 000
Earnings Before Tax	5 242 000	2 830 000	−39 000	451 000
Tax	1 178 000	626 000	−7 000	105 000
Net Income	4 064 000	2 203 000	−33 000	346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 071 000	2 299 000	693 000	152 000
Total Current Assets	29 990 000	24 307 000	20 448 000	14 583 000
Total Assets	33 061 000	26 606 000	21 141 000	14 734 000
Total Retained Equity	7 177 000	3 113 000	910 000	943 000
Total Equity	7 277 000	3 213 000	1 010 000	1 043 000
Total Long-Term Debt	2 822 000	2 164 000	521 000	0
Total Current Debt	22 962 000	21 230 000	19 610 000	13 692 000
Total Equity and Debt	33 061 000	26 606 000	21 141 000	14 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 744 000	58 100 000	47 056 000	47 536 000
Other Income	1 615 000	1 001 000	949 000	187 000
Revenue	87 359 000	59 101 000	48 006 000	47 723 000
Cost of Goods Sold	63 810 000	45 081 000	37 208 000	38 160 000
Salary Costs	9 400 000	6 795 000	4 921 000	5 372 000
Depreciation	509 000	220 000	133 000	18 000
Impairment	0	0	0	0
Expenditure	79 596 000	56 433 000	45 721 000	47 412 000
Operating Profit	6 291 000	3 164 000	1 852 000	421 000
Financial Income	4 000	3 000	13 000	351 000
Financial Costs	1 053 000	337 000	1 905 000	321 000
Financial Balance	−1 049 000	−334 000	−1 892 000	30 000
Dividends	0	0	0	0
Net Income	4 064 000	2 203 000	−33 000	346 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	144 000	124 000	137 000	54 000
Real Eastate	48 000	58 000	68 000	78 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 864 000	2 102 000	474 000	6 000
Total Tangible Assets	2 912 000	2 160 000	541 000	84 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	14 000
Total Fixed Assets	3 071 000	2 299 000	693 000	152 000
Stock	15 300 000	13 867 000	16 352 000	8 444 000
Total Investments	0	0	0	0
Cash, Bank	4 799 000	1 782 000	223 000	1 045 000
Total Current Assets	29 990 000	24 307 000	20 448 000	14 583 000
Total Assets	33 061 000	26 606 000	21 141 000	14 734 000
Total Equity	7 277 000	3 213 000	1 010 000	1 043 000
Short-Term Group Debt	10 222 000	6 340 000	5 224 000	2 520 000
Total Long-Term Debt	2 822 000	2 164 000	521 000	0
Creditors	6 589 000	11 122 000	10 052 000	8 467 000
Unpaid Taxes	1 901 000	1 558 000	946 000	1 782 000
Dividends	0	0	0	0
Other Current Debt	3 052 000	1 595 000	754 000	804 000
Total Current Debt	22 962 000	21 230 000	19 610 000	13 692 000
Total Equity and Debt	33 061 000	26 606 000	21 141 000	14 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,85 %	68,57 %	−3,27 %	33,17 %
Debt-to-Equity Ratio	0,39	0,67	0,52	0
Operating Profit Margin	7,2 %	5,35 %	3,86 %	0,88 %
Current Ratio	1,31	1,14	1,04	1,07
Quick Ratio	3,91	3,3	6,28	2,78
Equity Ratio	0,22	0,12	0,05	0,07
Gross Profit Margin	26,96 %	23,72 %	22,49 %	20,04 %