KINEVO AS

9600 HAMMERFEST

Finances

Share Ownership

Return on Equity

47,52 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 703 000	2 004 000	1 316 000	1 686 000
Net Income	−153 000	−53 000	−55 000	29 000
Total Assets	413 000	507 000	474 000	493 000
Total Equity	−322 000	−169 000	−116 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 703 000	2 004 000	1 316 000	1 686 000
Expenditure	1 851 000	2 057 000	1 371 000	1 655 000
Operating Profit	−148 000	−52 000	−55 000	30 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	2 000
Financial Balance	−1 000	−1 000	0	−2 000
Earnings Before Tax	−149 000	−53 000	−55 000	29 000
Tax	4 000	0	0	0
Net Income	−153 000	−53 000	−55 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	77 000	37 000	60 000
Total Current Assets	321 000	430 000	438 000	433 000
Total Assets	413 000	507 000	474 000	493 000
Total Retained Equity	−346 000	−194 000	−141 000	−86 000
Total Equity	−322 000	−169 000	−116 000	−62 000
Total Long-Term Debt	125 000	174 000	224 000	124 000
Total Current Debt	610 000	502 000	367 000	431 000
Total Equity and Debt	413 000	507 000	474 000	493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	921 000	1 311 000	826 000	1 254 000
Other Income	782 000	693 000	490 000	431 000
Revenue	1 703 000	2 004 000	1 316 000	1 686 000
Cost of Goods Sold	510 000	480 000	145 000	511 000
Salary Costs	722 000	925 000	863 000	747 000
Depreciation	22 000	22 000	33 000	43 000
Impairment	0	0	0	0
Expenditure	1 851 000	2 057 000	1 371 000	1 655 000
Operating Profit	−148 000	−52 000	−55 000	30 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	2 000
Financial Balance	−1 000	−1 000	0	−2 000
Dividends	0	0	0	0
Net Income	−153 000	−53 000	−55 000	29 000

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	0	0
Fixtures	62 000	46 000	25 000	48 000
Total Tangible Assets	62 000	46 000	25 000	48 000
Total Fiancial Fixed Assets	30 000	31 000	12 000	12 000
Total Fixed Assets	92 000	77 000	37 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	71 000	49 000	69 000
Total Current Assets	321 000	430 000	438 000	433 000
Total Assets	413 000	507 000	474 000	493 000
Total Equity	−322 000	−169 000	−116 000	−62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	174 000	224 000	124 000
Creditors	336 000	190 000	97 000	295 000
Unpaid Taxes	47 000	154 000	68 000	44 000
Dividends	0	0	0	0
Other Current Debt	224 000	159 000	202 000	91 000
Total Current Debt	610 000	502 000	367 000	431 000
Total Equity and Debt	413 000	507 000	474 000	493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,52 %	31,36 %	47,41 %	−46,77 %
Debt-to-Equity Ratio	−0,39	−1,03	−1,93	−2
Operating Profit Margin	−8,69 %	−2,59 %	−4,18 %	1,78 %
Current Ratio	0,53	0,86	1,19	1
Quick Ratio	0,53	0,86	1,19	1
Equity Ratio	−0,78	−0,33	−0,24	−0,13
Gross Profit Margin	70,05 %	76,05 %	88,98 %	69,69 %