KENDO N AS

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

−35,36 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 303 000	8 718 000	6 223 000	6 452 000
Net Income	−221 000	1 031 000	−84 000	470 000
Total Assets	1 323 000	2 203 000	1 458 000	1 643 000
Total Equity	625 000	1 095 000	564 000	948 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 303 000	8 718 000	6 223 000	6 452 000
Expenditure	8 471 000	7 370 000	6 322 000	5 850 000
Operating Profit	−218 000	1 321 000	−99 000	603 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	2 000	2 000	3 000
Financial Balance	−3 000	−2 000	−1 000	−2 000
Earnings Before Tax	−221 000	1 319 000	−100 000	601 000
Tax	0	288 000	−16 000	131 000
Net Income	−221 000	1 031 000	−84 000	470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 000	129 000	93 000	132 000
Total Current Assets	976 000	2 074 000	1 365 000	1 511 000
Total Assets	1 323 000	2 203 000	1 458 000	1 643 000
Total Retained Equity	595 000	1 065 000	534 000	918 000
Total Equity	625 000	1 095 000	564 000	948 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	699 000	1 107 000	893 000	695 000
Total Equity and Debt	1 323 000	2 203 000	1 458 000	1 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 056 000	8 509 000	6 052 000	6 267 000
Other Income	247 000	209 000	171 000	186 000
Revenue	8 303 000	8 718 000	6 223 000	6 452 000
Cost of Goods Sold	2 569 000	2 409 000	1 838 000	1 884 000
Salary Costs	4 183 000	3 113 000	2 826 000	2 706 000
Depreciation	79 000	35 000	78 000	60 000
Impairment	0	0	0	0
Expenditure	8 471 000	7 370 000	6 322 000	5 850 000
Operating Profit	−218 000	1 321 000	−99 000	603 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	2 000	2 000	3 000
Financial Balance	−3 000	−2 000	−1 000	−2 000
Dividends	250 000	500 000	300 000	0
Net Income	−221 000	1 031 000	−84 000	470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	107 000	6 000	8 000	10 000
Machinery and Plant Facilities	45 000	0	0	0
Fixtures	196 000	123 000	84 000	122 000
Total Tangible Assets	347 000	129 000	93 000	132 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	347 000	129 000	93 000	132 000
Stock	87 000	137 000	165 000	144 000
Total Investments	0	0	0	0
Cash, Bank	742 000	1 834 000	1 104 000	1 179 000
Total Current Assets	976 000	2 074 000	1 365 000	1 511 000
Total Assets	1 323 000	2 203 000	1 458 000	1 643 000
Total Equity	625 000	1 095 000	564 000	948 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	129 000	106 000	138 000	39 000
Unpaid Taxes	225 000	301 000	373 000	318 000
Dividends	250 000	500 000	300 000	0
Other Current Debt	345 000	413 000	382 000	208 000
Total Current Debt	699 000	1 107 000	893 000	695 000
Total Equity and Debt	1 323 000	2 203 000	1 458 000	1 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,36 %	94,16 %	−14,89 %	49,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,63 %	15,15 %	−1,59 %	9,35 %
Current Ratio	1,4	1,87	1,53	2,17
Quick Ratio	1,59	2,14	1,88	2,74
Equity Ratio	0,47	0,5	0,39	0,58
Gross Profit Margin	69,06 %	72,37 %	70,46 %	70,8 %