KONNESTAD INVEST AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

−64,43 %

Current Ratio

0,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 785 000	9 130 000	504 000	1 961 000
Net Income	−587 000	1 636 000	13 000	124 000
Total Assets	1 545 000	3 551 000	131 000	157 000
Total Equity	911 000	1 498 000	−138 000	−152 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 785 000	9 130 000	504 000	1 961 000
Expenditure	8 391 000	6 995 000	468 000	1 778 000
Operating Profit	−605 000	2 135 000	36 000	183 000
Financial Income	0	0	0	0
Financial Costs	4 000	29 000	19 000	24 000
Financial Balance	−4 000	−29 000	−19 000	−24 000
Earnings Before Tax	−608 000	2 107 000	17 000	159 000
Tax	−21 000	471 000	4 000	36 000
Net Income	−587 000	1 636 000	13 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 132 000	649 000	110 000	147 000
Total Current Assets	413 000	2 902 000	22 000	10 000
Total Assets	1 545 000	3 551 000	131 000	157 000
Total Retained Equity	881 000	1 468 000	−168 000	−182 000
Total Equity	911 000	1 498 000	−138 000	−152 000
Total Long-Term Debt	0	21 000	201 000	213 000
Total Current Debt	634 000	2 032 000	69 000	95 000
Total Equity and Debt	1 545 000	3 551 000	131 000	157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 752 000	9 125 000	387 000	1 961 000
Other Income	33 000	5 000	116 000	0
Revenue	7 785 000	9 130 000	504 000	1 961 000
Cost of Goods Sold	1 397 000	2 497 000	147 000	526 000
Salary Costs	5 012 000	3 510 000	12 000	559 000
Depreciation	167 000	65 000	41 000	39 000
Impairment	0	0	0	0
Expenditure	8 391 000	6 995 000	468 000	1 778 000
Operating Profit	−605 000	2 135 000	36 000	183 000
Financial Income	0	0	0	0
Financial Costs	4 000	29 000	19 000	24 000
Financial Balance	−4 000	−29 000	−19 000	−24 000
Dividends	0	0	0	0
Net Income	−587 000	1 636 000	13 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	16 000	12 000
Real Eastate	35 000	48 000	0	0
Machinery and Plant Facilities	379 000	0	0	0
Fixtures	71 000	600 000	94 000	135 000
Total Tangible Assets	484 000	649 000	94 000	135 000
Total Fiancial Fixed Assets	648 000	0	0	0
Total Fixed Assets	1 132 000	649 000	110 000	147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	1 320 000	7 000	10 000
Total Current Assets	413 000	2 902 000	22 000	10 000
Total Assets	1 545 000	3 551 000	131 000	157 000
Total Equity	911 000	1 498 000	−138 000	−152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	21 000	201 000	213 000
Creditors	22 000	113 000	5 000	30 000
Unpaid Taxes	5 000	447 000	0	9 000
Dividends	0	0	0	0
Other Current Debt	607 000	1 038 000	56 000	4 000
Total Current Debt	634 000	2 032 000	69 000	95 000
Total Equity and Debt	1 545 000	3 551 000	131 000	157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,43 %	109,21 %	−9,42 %	−81,58 %
Debt-to-Equity Ratio	0	0,01	−1,46	−1,4
Operating Profit Margin	−7,77 %	23,38 %	7,14 %	9,33 %
Current Ratio	0,65	1,43	0,32	0,11
Quick Ratio	0,65	1,43	0,32	0,11
Equity Ratio	0,59	0,42	−1,05	−0,97
Gross Profit Margin	82,06 %	72,65 %	70,83 %	73,18 %