KEY SOLUTION AS

4631 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

40,57 %

Current Ratio

1,91

Debt-to-Equity Ratio

7,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 913 000	1 605 000	782 000	603 000
Net Income	830 000	409 000	128 000	100 000
Total Assets	17 534 000	11 455 000	7 431 000	4 711 000
Total Equity	2 046 000	1 216 000	808 000	680 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 913 000	1 605 000	782 000	603 000
Expenditure	1 561 000	951 000	482 000	475 000
Operating Profit	1 352 000	654 000	300 000	129 000
Financial Income	0	32 000	0	60 000
Financial Costs	288 000	171 000	127 000	78 000
Financial Balance	−288 000	−139 000	−127 000	−18 000
Earnings Before Tax	1 064 000	515 000	173 000	112 000
Tax	234 000	107 000	45 000	12 000
Net Income	830 000	409 000	128 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 563 000	11 042 000	4 370 000	4 262 000
Total Current Assets	971 000	413 000	3 061 000	448 000
Total Assets	17 534 000	11 455 000	7 431 000	4 711 000
Total Retained Equity	2 016 000	1 186 000	778 000	650 000
Total Equity	2 046 000	1 216 000	808 000	680 000
Total Long-Term Debt	14 980 000	9 955 000	6 519 000	3 950 000
Total Current Debt	508 000	283 000	104 000	81 000
Total Equity and Debt	17 534 000	11 455 000	7 431 000	4 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	824 000	56 000	33 000	21 000
Other Income	2 089 000	1 549 000	749 000	583 000
Revenue	2 913 000	1 605 000	782 000	603 000
Cost of Goods Sold	3 000	28 000	42 000	0
Salary Costs	99 000	0	0	0
Depreciation	88 000	30 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 561 000	951 000	482 000	475 000
Operating Profit	1 352 000	654 000	300 000	129 000
Financial Income	0	32 000	0	60 000
Financial Costs	288 000	171 000	127 000	78 000
Financial Balance	−288 000	−139 000	−127 000	−18 000
Dividends	0	0	0	0
Net Income	830 000	409 000	128 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	0	0	0
Real Eastate	16 098 000	10 664 000	4 102 000	4 102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	451 000	378 000	124 000	0
Total Tangible Assets	16 548 000	11 042 000	4 226 000	4 102 000
Total Fiancial Fixed Assets	4 000	0	144 000	161 000
Total Fixed Assets	16 563 000	11 042 000	4 370 000	4 262 000
Stock	0	0	28 000	0
Total Investments	0	0	0	0
Cash, Bank	702 000	389 000	3 019 000	436 000
Total Current Assets	971 000	413 000	3 061 000	448 000
Total Assets	17 534 000	11 455 000	7 431 000	4 711 000
Total Equity	2 046 000	1 216 000	808 000	680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 980 000	9 955 000	6 519 000	3 950 000
Creditors	22 000	72 000	18 000	6 000
Unpaid Taxes	229 000	0	0	19 000
Dividends	0	0	0	0
Other Current Debt	8 000	108 000	43 000	44 000
Total Current Debt	508 000	283 000	104 000	81 000
Total Equity and Debt	17 534 000	11 455 000	7 431 000	4 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,57 %	33,63 %	15,84 %	14,71 %
Debt-to-Equity Ratio	7,32	8,19	8,07	5,81
Operating Profit Margin	46,41 %	40,75 %	38,36 %	21,39 %
Current Ratio	1,91	1,46	29,43	5,53
Quick Ratio	1,91	1,46	40,28	5,53
Equity Ratio	0,12	0,11	0,11	0,14
Gross Profit Margin	99,9 %	98,26 %	94,63 %	100 %