KUNSTVEGGEN AS

1358 JAR

Finances

Share Ownership

Return on Equity

8,49 %

Current Ratio

10,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	148 000	326 000	84 000	50 000
Net Income	18 000	215 000	16 000	18 000
Total Assets	226 000	435 000	163 000	146 000
Total Equity	212 000	369 000	154 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	148 000	326 000	84 000	50 000
Expenditure	124 000	50 000	62 000	26 000
Operating Profit	24 000	276 000	21 000	24 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	23 000	276 000	21 000	24 000
Tax	5 000	61 000	5 000	5 000
Net Income	18 000	215 000	16 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	90 000	90 000	90 000
Total Current Assets	136 000	345 000	73 000	56 000
Total Assets	226 000	435 000	163 000	146 000
Total Retained Equity	182 000	339 000	124 000	107 000
Total Equity	212 000	369 000	154 000	137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 000	66 000	10 000	9 000
Total Equity and Debt	226 000	435 000	163 000	146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	133 000	326 000	84 000	47 000
Other Income	15 000	0	0	3 000
Revenue	148 000	326 000	84 000	50 000
Cost of Goods Sold	58 000	0	35 000	6 000
Salary Costs	25 000	16 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	124 000	50 000	62 000	26 000
Operating Profit	24 000	276 000	21 000	24 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	174 000	0	0	0
Net Income	18 000	215 000	16 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	90 000	90 000	90 000
Total Tangible Assets	90 000	90 000	90 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	90 000	90 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	56 000	56 000	53 000
Total Current Assets	136 000	345 000	73 000	56 000
Total Assets	226 000	435 000	163 000	146 000
Total Equity	212 000	369 000	154 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	5 000	2 000
Unpaid Taxes	4 000	6 000	0	2 000
Dividends	174 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	13 000	66 000	10 000	9 000
Total Equity and Debt	226 000	435 000	163 000	146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,49 %	58,27 %	10,39 %	13,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,22 %	84,66 %	25 %	48 %
Current Ratio	10,46	5,23	7,3	6,22
Quick Ratio	10,46	5,23	7,3	6,22
Equity Ratio	0,94	0,85	0,94	0,94
Gross Profit Margin	60,81 %	100 %	58,33 %	88 %