KENNETH KNUTSEN AS

4640 SØGNE

Finances

Return on Equity

83,56 %

Current Ratio

7,77

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 000	112 000	2 158 000	7 566 000
Net Income	2 033 000	41 000	3 000	1 552 000
Total Assets	5 118 000	2 120 000	1 808 000	3 626 000
Total Equity	2 433 000	399 000	359 000	355 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 000	112 000	2 158 000	7 566 000
Expenditure	148 000	163 000	2 088 000	5 798 000
Operating Profit	−23 000	−52 000	70 000	1 768 000
Financial Income	2 301 000	159 000	0	1 000
Financial Costs	245 000	67 000	66 000	131 000
Financial Balance	2 056 000	92 000	−66 000	−130 000
Earnings Before Tax	2 033 000	40 000	3 000	1 638 000
Tax	0	0	0	87 000
Net Income	2 033 000	41 000	3 000	1 552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 616 000	1 864 000	1 614 000	1 710 000
Total Current Assets	2 502 000	256 000	193 000	1 916 000
Total Assets	5 118 000	2 120 000	1 808 000	3 626 000
Total Retained Equity	2 403 000	369 000	329 000	325 000
Total Equity	2 433 000	399 000	359 000	355 000
Total Long-Term Debt	2 363 000	1 348 000	1 348 000	3 158 000
Total Current Debt	322 000	372 000	101 000	113 000
Total Equity and Debt	5 118 000	2 120 000	1 808 000	3 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	0	1 992 000	6 850 000
Other Income	114 000	112 000	166 000	716 000
Revenue	126 000	112 000	2 158 000	7 566 000
Cost of Goods Sold	0	0	1 943 000	5 635 000
Salary Costs	0	0	0	7 000
Depreciation	87 000	95 000	95 000	87 000
Impairment	0	0	0	0
Expenditure	148 000	163 000	2 088 000	5 798 000
Operating Profit	−23 000	−52 000	70 000	1 768 000
Financial Income	2 301 000	159 000	0	1 000
Financial Costs	245 000	67 000	66 000	131 000
Financial Balance	2 056 000	92 000	−66 000	−130 000
Dividends	0	0	0	0
Net Income	2 033 000	41 000	3 000	1 552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 421 000	1 467 000	1 540 000	1 614 000
Machinery and Plant Facilities	0	22 000	36 000	50 000
Fixtures	0	0	8 000	17 000
Total Tangible Assets	2 421 000	1 489 000	1 584 000	1 680 000
Total Fiancial Fixed Assets	195 000	375 000	30 000	30 000
Total Fixed Assets	2 616 000	1 864 000	1 614 000	1 710 000
Stock	0	0	0	1 940 000
Total Investments	0	0	0	0
Cash, Bank	2 300 000	14 000	38 000	168 000
Total Current Assets	2 502 000	256 000	193 000	1 916 000
Total Assets	5 118 000	2 120 000	1 808 000	3 626 000
Total Equity	2 433 000	399 000	359 000	355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 363 000	1 348 000	1 348 000	3 158 000
Creditors	17 000	14 000	−1 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	305 000	358 000	15 000	0
Total Current Debt	322 000	372 000	101 000	113 000
Total Equity and Debt	5 118 000	2 120 000	1 808 000	3 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,56 %	10,28 %	0,84 %	437,18 %
Debt-to-Equity Ratio	0,97	3,38	3,75	8,9
Operating Profit Margin	−18,25 %	−46,43 %	3,24 %	23,37 %
Current Ratio	7,77	0,69	1,91	16,96
Quick Ratio	7,77	0,69	1,91	−1,05
Equity Ratio	0,48	0,19	0,2	0,1
Gross Profit Margin	100 %	100 %	9,96 %	25,52 %