K.SANDNES MASKIN AS

9514 ALTA

Finances

Share Ownership

Return on Equity

17,83 %

Current Ratio

0,51

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 000	555 000	526 000	859 000
Net Income	−151 000	127 000	−166 000	−340 000
Total Assets	97 000	189 000	235 000	480 000
Total Equity	−847 000	−696 000	−822 000	−656 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 000	555 000	526 000	859 000
Expenditure	318 000	427 000	688 000	1 190 000
Operating Profit	−146 000	128 000	−161 000	−331 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	5 000	9 000
Financial Balance	−5 000	−1 000	−5 000	−9 000
Earnings Before Tax	−151 000	127 000	−166 000	−340 000
Tax	0	0	0	0
Net Income	−151 000	127 000	−166 000	−340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	117 000	119 000	140 000
Total Current Assets	48 000	72 000	116 000	340 000
Total Assets	97 000	189 000	235 000	480 000
Total Retained Equity	−871 000	−720 000	−847 000	−680 000
Total Equity	−847 000	−696 000	−822 000	−656 000
Total Long-Term Debt	851 000	825 000	942 000	1 031 000
Total Current Debt	94 000	59 000	115 000	105 000
Total Equity and Debt	97 000	189 000	235 000	480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 000	555 000	526 000	763 000
Other Income	85 000	0	0	96 000
Revenue	173 000	555 000	526 000	859 000
Cost of Goods Sold	5 000	0	104 000	21 000
Salary Costs	8 000	10 000	131 000	453 000
Depreciation	32 000	33 000	35 000	48 000
Impairment	0	0	0	0
Expenditure	318 000	427 000	688 000	1 190 000
Operating Profit	−146 000	128 000	−161 000	−331 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	5 000	9 000
Financial Balance	−5 000	−1 000	−5 000	−9 000
Dividends	0	0	0	0
Net Income	−151 000	127 000	−166 000	−340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 000	39 000	17 000	0
Machinery and Plant Facilities	21 000	78 000	102 000	140 000
Fixtures	0	0	0	0
Total Tangible Assets	50 000	117 000	119 000	140 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	117 000	119 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	37 000	89 000	125 000
Total Current Assets	48 000	72 000	116 000	340 000
Total Assets	97 000	189 000	235 000	480 000
Total Equity	−847 000	−696 000	−822 000	−656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	851 000	825 000	942 000	1 031 000
Creditors	40 000	39 000	50 000	−8 000
Unpaid Taxes	0	7 000	9 000	71 000
Dividends	0	0	0	0
Other Current Debt	53 000	13 000	55 000	42 000
Total Current Debt	94 000	59 000	115 000	105 000
Total Equity and Debt	97 000	189 000	235 000	480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,83 %	−18,25 %	20,19 %	51,83 %
Debt-to-Equity Ratio	−1	−1,19	−1,15	−1,57
Operating Profit Margin	−84,39 %	23,06 %	−30,61 %	−38,53 %
Current Ratio	0,51	1,22	1,01	3,24
Quick Ratio	0,51	1,22	1,01	3,24
Equity Ratio	−8,73	−3,68	−3,5	−1,37
Gross Profit Margin	97,11 %	100 %	80,23 %	97,56 %