K T NORNES AS

6856 SOGNDAL

Finances

Return on Equity

−0,57 %

Current Ratio

17,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	214 000	550 000	1 346 000	1 357 000
Net Income	−14 000	241 000	166 000	95 000
Total Assets	2 534 000	2 641 000	2 487 000	2 659 000
Total Equity	2 477 000	2 491 000	2 250 000	2 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	214 000	550 000	1 346 000	1 357 000
Expenditure	266 000	302 000	1 143 000	1 273 000
Operating Profit	−52 000	247 000	204 000	85 000
Financial Income	38 000	38 000	39 000	37 000
Financial Costs	0	0	0	0
Financial Balance	38 000	38 000	39 000	37 000
Earnings Before Tax	−14 000	286 000	243 000	122 000
Tax	0	45 000	77 000	27 000
Net Income	−14 000	241 000	166 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 552 000	1 578 000	1 609 000	1 666 000
Total Current Assets	981 000	1 063 000	878 000	993 000
Total Assets	2 534 000	2 641 000	2 487 000	2 659 000
Total Retained Equity	2 427 000	2 441 000	2 200 000	2 034 000
Total Equity	2 477 000	2 491 000	2 250 000	2 084 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	150 000	237 000	575 000
Total Equity and Debt	2 534 000	2 641 000	2 487 000	2 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	214 000	550 000	1 346 000	1 357 000
Other Income	0	0	0	0
Revenue	214 000	550 000	1 346 000	1 357 000
Cost of Goods Sold	24 000	28 000	299 000	238 000
Salary Costs	84 000	189 000	504 000	825 000
Depreciation	44 000	40 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	266 000	302 000	1 143 000	1 273 000
Operating Profit	−52 000	247 000	204 000	85 000
Financial Income	38 000	38 000	39 000	37 000
Financial Costs	0	0	0	0
Financial Balance	38 000	38 000	39 000	37 000
Dividends	0	0	0	0
Net Income	−14 000	241 000	166 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	4 000	4 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 000	55 000	27 000	39 000
Fixtures	50 000	80 000	109 000	139 000
Total Tangible Assets	91 000	135 000	137 000	178 000
Total Fiancial Fixed Assets	1 458 000	1 439 000	1 468 000	1 484 000
Total Fixed Assets	1 552 000	1 578 000	1 609 000	1 666 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	974 000	1 049 000	676 000	527 000
Total Current Assets	981 000	1 063 000	878 000	993 000
Total Assets	2 534 000	2 641 000	2 487 000	2 659 000
Total Equity	2 477 000	2 491 000	2 250 000	2 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	3 000	34 000	26 000
Unpaid Taxes	41 000	84 000	45 000	193 000
Dividends	0	0	0	0
Other Current Debt	7 000	19 000	81 000	332 000
Total Current Debt	56 000	150 000	237 000	575 000
Total Equity and Debt	2 534 000	2 641 000	2 487 000	2 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,57 %	9,67 %	7,38 %	4,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,3 %	44,91 %	15,16 %	6,26 %
Current Ratio	17,52	7,09	3,7	1,73
Quick Ratio	17,52	7,09	3,7	1,73
Equity Ratio	0,98	0,94	0,9	0,78
Gross Profit Margin	88,79 %	94,91 %	77,79 %	82,46 %