KLINGIT NORWAY AS

0555 OSLO

Finances

Share Ownership

Return on Equity

6,67 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 655 000	9 317 000	10 373 000	9 712 000
Net Income	671 000	−951 000	2 507 000	2 572 000
Total Assets	15 764 000	16 985 000	14 696 000	10 523 000
Total Equity	10 066 000	9 395 000	10 346 000	6 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 655 000	9 317 000	10 373 000	9 712 000
Expenditure	17 791 000	10 061 000	7 765 000	7 047 000
Operating Profit	864 000	−744 000	2 608 000	2 665 000
Financial Income	50 000	8 000	78 000	15 000
Financial Costs	243 000	215 000	180 000	109 000
Financial Balance	−193 000	−207 000	−102 000	−94 000
Earnings Before Tax	671 000	−951 000	2 507 000	2 572 000
Tax	0	0	0	0
Net Income	671 000	−951 000	2 507 000	2 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000 000	10 912 000	10 425 000	5 791 000
Total Current Assets	4 764 000	6 073 000	4 271 000	4 731 000
Total Assets	15 764 000	16 985 000	14 696 000	10 523 000
Total Retained Equity	1 821 000	1 150 000	2 101 000	−406 000
Total Equity	10 066 000	9 395 000	10 346 000	6 834 000
Total Long-Term Debt	3 361 000	4 400 000	1 720 000	2 417 000
Total Current Debt	2 336 000	3 190 000	2 630 000	1 272 000
Total Equity and Debt	15 764 000	16 985 000	14 696 000	10 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 570 000	9 182 000	10 373 000	9 710 000
Other Income	85 000	136 000	0	2 000
Revenue	18 655 000	9 317 000	10 373 000	9 712 000
Cost of Goods Sold	13 205 000	6 959 000	5 423 000	4 651 000
Salary Costs	−412 000	−957 000	62 000	669 000
Depreciation	2 769 000	2 229 000	652 000	80 000
Impairment	0	0	0	0
Expenditure	17 791 000	10 061 000	7 765 000	7 047 000
Operating Profit	864 000	−744 000	2 608 000	2 665 000
Financial Income	50 000	8 000	78 000	15 000
Financial Costs	243 000	215 000	180 000	109 000
Financial Balance	−193 000	−207 000	−102 000	−94 000
Dividends	0	0	0	0
Net Income	671 000	−951 000	2 507 000	2 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 982 000	10 901 000	10 400 000	5 736 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	11 000	26 000	56 000
Total Tangible Assets	18 000	11 000	26 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000 000	10 912 000	10 425 000	5 791 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 560 000	2 367 000	372 000	1 642 000
Total Current Assets	4 764 000	6 073 000	4 271 000	4 731 000
Total Assets	15 764 000	16 985 000	14 696 000	10 523 000
Total Equity	10 066 000	9 395 000	10 346 000	6 834 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 361 000	4 400 000	1 720 000	2 417 000
Creditors	1 235 000	2 674 000	610 000	577 000
Unpaid Taxes	445 000	105 000	451 000	370 000
Dividends	0	0	0	0
Other Current Debt	656 000	412 000	1 569 000	325 000
Total Current Debt	2 336 000	3 190 000	2 630 000	1 272 000
Total Equity and Debt	15 764 000	16 985 000	14 696 000	10 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,67 %	−10,12 %	24,23 %	37,64 %
Debt-to-Equity Ratio	0,33	0,47	0,17	0,35
Operating Profit Margin	4,63 %	−7,99 %	25,14 %	27,44 %
Current Ratio	2,04	1,9	1,62	3,72
Quick Ratio	2,04	1,9	1,62	3,72
Equity Ratio	0,64	0,55	0,7	0,65
Gross Profit Margin	29,21 %	25,31 %	47,72 %	52,11 %