KENCHA UTVIKLING AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

−920 %

Current Ratio

2,2

Debt-to-Equity Ratio

1 555,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	252 000	22 004 000	118 000	146 000
Net Income	−46 000	1 179 000	−121 000	63 000
Total Assets	14 228 000	7 145 000	20 527 000	6 916 000
Total Equity	5 000	51 000	92 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	252 000	22 004 000	118 000	146 000
Expenditure	323 000	19 872 000	266 000	66 000
Operating Profit	−71 000	2 132 000	−148 000	80 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	609 000	7 000	0
Financial Balance	1 000	−608 000	−7 000	0
Earnings Before Tax	−71 000	1 524 000	−155 000	80 000
Tax	−25 000	345 000	−34 000	18 000
Net Income	−46 000	1 179 000	−121 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	0	0	0
Total Current Assets	14 203 000	7 145 000	20 527 000	6 916 000
Total Assets	14 228 000	7 145 000	20 527 000	6 916 000
Total Retained Equity	−45 000	1 000	42 000	163 000
Total Equity	5 000	51 000	92 000	213 000
Total Long-Term Debt	7 776 000	1 296 000	9 005 000	6 601 000
Total Current Debt	6 447 000	5 798 000	11 429 000	101 000
Total Equity and Debt	14 228 000	7 145 000	20 527 000	6 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	21 714 000	0	0
Other Income	199 000	290 000	118 000	146 000
Revenue	252 000	22 004 000	118 000	146 000
Cost of Goods Sold	41 000	19 348 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	323 000	19 872 000	266 000	66 000
Operating Profit	−71 000	2 132 000	−148 000	80 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	609 000	7 000	0
Financial Balance	1 000	−608 000	−7 000	0
Dividends	0	0	0	0
Net Income	−46 000	1 179 000	−121 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	0	0	0
Stock	14 066 000	6 551 000	20 394 000	6 439 000
Total Investments	0	0	0	0
Cash, Bank	91 000	593 000	98 000	414 000
Total Current Assets	14 203 000	7 145 000	20 527 000	6 916 000
Total Assets	14 228 000	7 145 000	20 527 000	6 916 000
Total Equity	5 000	51 000	92 000	213 000
Short-Term Group Debt	0	1 565 000	0	0
Total Long-Term Debt	7 776 000	1 296 000	9 005 000	6 601 000
Creditors	419 000	214 000	915 000	86 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	16 000	50 000	15 000
Total Current Debt	6 447 000	5 798 000	11 429 000	101 000
Total Equity and Debt	14 228 000	7 145 000	20 527 000	6 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−920 %	2 311,76 %	−131,52 %	29,58 %
Debt-to-Equity Ratio	1 555,2	25,41	97,88	30,99
Operating Profit Margin	−28,17 %	9,69 %	−125,42 %	54,79 %
Current Ratio	2,2	1,23	1,8	68,48
Quick Ratio	−1,86	−9,49	−2,29	−1,09
Equity Ratio	0	0,01	0	0,03
Gross Profit Margin	83,73 %	12,07 %	100 %	100 %