KYNDRYL SERVICES AS

0158 OSLO

Finances

Share Ownership

Return on Equity

39,1 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	592 393 000	1 410 658 000	1 693 017 000	1 823 786 000
Net Income	9 941 000	9 136 000	−33 157 000	−10 720 000
Total Assets	772 308 000	711 979 000	977 176 000	1 239 175 000
Total Equity	25 426 000	15 190 000	−31 344 000	−161 695 000

Income (NOK)	2021	2020	2019	2018
Revenue	592 393 000	1 410 658 000	1 693 017 000	1 823 786 000
Expenditure	582 331 000	1 401 211 000	1 743 871 000	1 833 413 000
Operating Profit	10 062 000	9 447 000	−50 854 000	−9 627 000
Financial Income	129 000	397 000	152 000	231 000
Financial Costs	142 000	2 614 000	3 281 000	1 977 000
Financial Balance	−13 000	−2 217 000	−3 129 000	−1 746 000
Earnings Before Tax	10 049 000	7 230 000	−53 983 000	−11 373 000
Tax	108 000	−1 906 000	−20 826 000	−653 000
Net Income	9 941 000	9 136 000	−33 157 000	−10 720 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	119 735 000	248 970 000	486 446 000	580 580 000
Total Current Assets	652 573 000	463 009 000	490 730 000	658 595 000
Total Assets	772 308 000	711 979 000	977 176 000	1 239 175 000
Total Retained Equity	25 395 000	15 159 000	−31 375 000	−161 725 000
Total Equity	25 426 000	15 190 000	−31 344 000	−161 695 000
Total Long-Term Debt	0	236 840 000	407 049 000	485 448 000
Total Current Debt	746 882 000	459 949 000	601 471 000	915 422 000
Total Equity and Debt	772 308 000	711 979 000	977 176 000	1 239 175 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	592 393 000	1 410 629 000	1 278 636 000	1 387 855 000
Other Income	0	29 000	414 381 000	435 931 000
Revenue	592 393 000	1 410 658 000	1 693 017 000	1 823 786 000
Cost of Goods Sold	0	1 329 417 000	1 507 576 000	1 686 559 000
Salary Costs	0	0	0	0
Depreciation	0	−145 148 000	74 676 000	69 668 000
Impairment	0	0	0	0
Expenditure	582 331 000	1 401 211 000	1 743 871 000	1 833 413 000
Operating Profit	10 062 000	9 447 000	−50 854 000	−9 627 000
Financial Income	129 000	397 000	152 000	231 000
Financial Costs	142 000	2 614 000	3 281 000	1 977 000
Financial Balance	−13 000	−2 217 000	−3 129 000	−1 746 000
Dividends	0	0	0	0
Net Income	9 941 000	9 136 000	−33 157 000	−10 720 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	58 979 000	59 189 000	57 113 000	36 670 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 569 000	9 161 000	15 918 000	28 049 000
Total Tangible Assets	4 569 000	9 161 000	15 918 000	28 049 000
Total Fiancial Fixed Assets	56 187 000	180 620 000	413 415 000	515 861 000
Total Fixed Assets	119 735 000	248 970 000	486 446 000	580 580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 148 000	0	140 059 000	0
Total Current Assets	652 573 000	463 009 000	490 730 000	658 595 000
Total Assets	772 308 000	711 979 000	977 176 000	1 239 175 000
Total Equity	25 426 000	15 190 000	−31 344 000	−161 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	236 840 000	407 049 000	485 448 000
Creditors	339 080 000	185 596 000	423 797 000	497 670 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	407 802 000	274 353 000	177 674 000	417 752 000
Total Current Debt	746 882 000	459 949 000	601 471 000	915 422 000
Total Equity and Debt	772 308 000	711 979 000	977 176 000	1 239 175 000

Financial indicators	2021	2020	2019	2018
Return on Equity	39,1 %	60,14 %	105,78 %	6,63 %
Debt-to-Equity Ratio	0	15,59	−12,99	−3
Operating Profit Margin	1,7 %	0,67 %	−3 %	−0,53 %
Current Ratio	0,87	1,01	0,82	0,72
Quick Ratio	0,87	1,01	0,82	0,72
Equity Ratio	0,03	0,02	−0,03	−0,13
Gross Profit Margin	100 %	5,76 %	10,95 %	7,52 %