KIT MANAGEMENT AS

6516 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

14,47 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	561 000	652 000	775 000	581 000
Net Income	45 000	333 000	101 000	250 000
Total Assets	581 000	647 000	594 000	231 000
Total Equity	311 000	265 000	−67 000	−168 000

Income (NOK)	2022	2021	2020	2019
Revenue	561 000	652 000	775 000	581 000
Expenditure	503 000	224 000	699 000	259 000
Operating Profit	58 000	427 000	76 000	321 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	58 000	427 000	76 000	321 000
Tax	13 000	94 000	−24 000	71 000
Net Income	45 000	333 000	101 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	149 000	197 000	152 000
Total Current Assets	438 000	498 000	397 000	79 000
Total Assets	581 000	647 000	594 000	231 000
Total Retained Equity	−23 000	−68 000	−401 000	−501 000
Total Equity	311 000	265 000	−67 000	−168 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	271 000	382 000	661 000	400 000
Total Equity and Debt	581 000	647 000	594 000	231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	561 000	652 000	775 000	325 000
Other Income	0	0	0	255 000
Revenue	561 000	652 000	775 000	581 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	10 000	10 000	8 000	0
Impairment	0	0	0	0
Expenditure	503 000	224 000	699 000	259 000
Operating Profit	58 000	427 000	76 000	321 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	45 000	333 000	101 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	27 000	16 000	0	0
Total Intangible Assets	97 000	98 000	177 000	152 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	51 000	20 000	0
Total Tangible Assets	47 000	51 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	144 000	149 000	197 000	152 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	218 000	318 000	328 000	27 000
Total Current Assets	438 000	498 000	397 000	79 000
Total Assets	581 000	647 000	594 000	231 000
Total Equity	311 000	265 000	−67 000	−168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	162 000	176 000	13 000	−11 000
Unpaid Taxes	0	5 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	374 000	201 000	642 000	201 000
Total Current Debt	271 000	382 000	661 000	400 000
Total Equity and Debt	581 000	647 000	594 000	231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,47 %	125,66 %	−150,75 %	−148,81 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	10,34 %	65,49 %	9,81 %	55,25 %
Current Ratio	1,62	1,3	0,6	0,2
Quick Ratio	1,62	1,3	0,6	0,2
Equity Ratio	0,54	0,41	−0,11	−0,73
Gross Profit Margin	100 %	100 %	100 %	100 %