KRISTIANSAND ENGINEERING AS

4956 RISØR

Finances

Return on Equity

199 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 948 000	5 783 000	4 268 000	7 865 000
Net Income	199 000	217 000	161 000	−178 000
Total Assets	2 807 000	2 099 000	1 195 000	2 452 000
Total Equity	100 000	101 000	563 000	802 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 948 000	5 783 000	4 268 000	7 865 000
Expenditure	6 691 000	5 494 000	4 062 000	8 087 000
Operating Profit	257 000	289 000	207 000	−222 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	1 000	1 000	7 000
Financial Balance	−1 000	−1 000	−1 000	−6 000
Earnings Before Tax	255 000	288 000	207 000	−228 000
Tax	56 000	71 000	46 000	−50 000
Net Income	199 000	217 000	161 000	−178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	24 000	53 000	127 000
Total Current Assets	2 802 000	2 074 000	1 142 000	2 325 000
Total Assets	2 807 000	2 099 000	1 195 000	2 452 000
Total Retained Equity	46 000	47 000	509 000	714 000
Total Equity	100 000	101 000	563 000	802 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	2 707 000	1 998 000	631 000	1 651 000
Total Equity and Debt	2 807 000	2 099 000	1 195 000	2 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 832 000	5 783 000	4 268 000	7 865 000
Other Income	116 000	0	0	0
Revenue	6 948 000	5 783 000	4 268 000	7 865 000
Cost of Goods Sold	0	0	128 000	0
Salary Costs	5 923 000	4 742 000	3 396 000	6 953 000
Depreciation	22 000	31 000	31 000	10 000
Impairment	0	0	0	0
Expenditure	6 691 000	5 494 000	4 062 000	8 087 000
Operating Profit	257 000	289 000	207 000	−222 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	1 000	1 000	7 000
Financial Balance	−1 000	−1 000	−1 000	−6 000
Dividends	210 000	679 000	0	0
Net Income	199 000	217 000	161 000	−178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	2 000	0	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	22 000	53 000	84 000
Total Tangible Assets	0	22 000	53 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	24 000	53 000	127 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 114 000	819 000	601 000	844 000
Total Current Assets	2 802 000	2 074 000	1 142 000	2 325 000
Total Assets	2 807 000	2 099 000	1 195 000	2 452 000
Total Equity	100 000	101 000	563 000	802 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	30 000	19 000	19 000	149 000
Unpaid Taxes	1 035 000	745 000	282 000	785 000
Dividends	210 000	679 000	0	0
Other Current Debt	1 373 000	479 000	329 000	717 000
Total Current Debt	2 707 000	1 998 000	631 000	1 651 000
Total Equity and Debt	2 807 000	2 099 000	1 195 000	2 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199 %	214,85 %	28,6 %	−22,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,7 %	5 %	4,85 %	−2,82 %
Current Ratio	1,04	1,04	1,81	1,41
Quick Ratio	1,04	1,04	1,81	1,41
Equity Ratio	0,04	0,05	0,47	0,33
Gross Profit Margin	100 %	100 %	97 %	100 %