KINES RENHOLD AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

−9,87 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 047 000	3 056 000	2 720 000	2 454 000
Net Income	22 000	90 000	−143 000	504 000
Total Assets	760 000	411 000	1 617 000	994 000
Total Equity	−223 000	−223 000	408 000	551 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 047 000	3 056 000	2 720 000	2 454 000
Expenditure	3 997 000	2 890 000	2 904 000	1 806 000
Operating Profit	49 000	166 000	−184 000	648 000
Financial Income	4 000	9 000	9 000	0
Financial Costs	18 000	30 000	8 000	1 000
Financial Balance	−14 000	−21 000	1 000	−1 000
Earnings Before Tax	35 000	144 000	−183 000	647 000
Tax	12 000	54 000	−40 000	143 000
Net Income	22 000	90 000	−143 000	504 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	0	70 000	78 000
Total Current Assets	744 000	411 000	1 547 000	917 000
Total Assets	760 000	411 000	1 617 000	994 000
Total Retained Equity	−253 000	−253 000	378 000	521 000
Total Equity	−223 000	−223 000	408 000	551 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	983 000	634 000	1 210 000	444 000
Total Equity and Debt	760 000	411 000	1 617 000	994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 900 000	3 033 000	2 720 000	2 454 000
Other Income	147 000	23 000	0	0
Revenue	4 047 000	3 056 000	2 720 000	2 454 000
Cost of Goods Sold	747 000	348 000	181 000	136 000
Salary Costs	2 230 000	1 598 000	1 959 000	872 000
Depreciation	0	16 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	3 997 000	2 890 000	2 904 000	1 806 000
Operating Profit	49 000	166 000	−184 000	648 000
Financial Income	4 000	9 000	9 000	0
Financial Costs	18 000	30 000	8 000	1 000
Financial Balance	−14 000	−21 000	1 000	−1 000
Dividends	0	721 000	0	0
Net Income	22 000	90 000	−143 000	504 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	54 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	20 000
Fixtures	15 000	0	16 000	5 000
Total Tangible Assets	15 000	0	16 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	0	70 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	404 000	356 000	276 000	217 000
Total Current Assets	744 000	411 000	1 547 000	917 000
Total Assets	760 000	411 000	1 617 000	994 000
Total Equity	−223 000	−223 000	408 000	551 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	209 000	101 000	123 000	59 000
Unpaid Taxes	444 000	283 000	658 000	99 000
Dividends	0	721 000	0	0
Other Current Debt	318 000	250 000	232 000	101 000
Total Current Debt	983 000	634 000	1 210 000	444 000
Total Equity and Debt	760 000	411 000	1 617 000	994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,87 %	−40,36 %	−35,05 %	91,47 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	1,21 %	5,43 %	−6,76 %	26,41 %
Current Ratio	0,76	0,65	1,28	2,07
Quick Ratio	0,76	0,65	1,28	2,07
Equity Ratio	−0,29	−0,54	0,25	0,55
Gross Profit Margin	81,54 %	88,61 %	93,35 %	94,46 %