KANONCON AS

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

34,13 %

Current Ratio

3,85

Debt-to-Equity Ratio

2,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 059 000	2 375 000	465 000	166 000
Net Income	158 000	370 000	186 000	−48 000
Total Assets	2 273 000	1 836 000	2 310 000	3 486 000
Total Equity	463 000	306 000	−64 000	−250 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 059 000	2 375 000	465 000	166 000
Expenditure	2 826 000	1 870 000	152 000	104 000
Operating Profit	233 000	505 000	313 000	62 000
Financial Income	2 000	0	0	0
Financial Costs	29 000	31 000	120 000	110 000
Financial Balance	−27 000	−31 000	−120 000	−110 000
Earnings Before Tax	206 000	474 000	193 000	−48 000
Tax	48 000	105 000	7 000	0
Net Income	158 000	370 000	186 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	1 736 000	3 473 000
Total Current Assets	2 273 000	1 824 000	573 000	13 000
Total Assets	2 273 000	1 836 000	2 310 000	3 486 000
Total Retained Equity	433 000	276 000	−94 000	−280 000
Total Equity	463 000	306 000	−64 000	−250 000
Total Long-Term Debt	1 220 000	1 220 000	2 359 000	2 768 000
Total Current Debt	590 000	311 000	15 000	968 000
Total Equity and Debt	2 273 000	1 836 000	2 310 000	3 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 059 000	1 929 000	0	0
Other Income	0	446 000	465 000	166 000
Revenue	3 059 000	2 375 000	465 000	166 000
Cost of Goods Sold	1 910 000	1 292 000	58 000	56 000
Salary Costs	286 000	44 000	0	0
Depreciation	0	5 000	0	0
Impairment	0	0	0	0
Expenditure	2 826 000	1 870 000	152 000	104 000
Operating Profit	233 000	505 000	313 000	62 000
Financial Income	2 000	0	0	0
Financial Costs	29 000	31 000	120 000	110 000
Financial Balance	−27 000	−31 000	−120 000	−110 000
Dividends	0	0	0	0
Net Income	158 000	370 000	186 000	−48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 736 000	3 473 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	0	0
Total Tangible Assets	0	12 000	1 736 000	3 473 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	12 000	1 736 000	3 473 000
Stock	1 691 000	1 194 000	0	0
Total Investments	0	0	0	0
Cash, Bank	560 000	626 000	573 000	13 000
Total Current Assets	2 273 000	1 824 000	573 000	13 000
Total Assets	2 273 000	1 836 000	2 310 000	3 486 000
Total Equity	463 000	306 000	−64 000	−250 000
Short-Term Group Debt	0	0	0	954 000
Total Long-Term Debt	1 220 000	1 220 000	2 359 000	2 768 000
Creditors	40 000	34 000	1 000	8 000
Unpaid Taxes	117 000	13 000	0	0
Dividends	0	0	0	0
Other Current Debt	377 000	158 000	6 000	6 000
Total Current Debt	590 000	311 000	15 000	968 000
Total Equity and Debt	2 273 000	1 836 000	2 310 000	3 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,13 %	120,92 %	−290,63 %	19,2 %
Debt-to-Equity Ratio	2,63	3,99	−36,86	−11,07
Operating Profit Margin	7,62 %	21,26 %	67,31 %	37,35 %
Current Ratio	3,85	5,86	38,2	0,01
Quick Ratio	−2,06	−2,07	38,2	0,01
Equity Ratio	0,2	0,17	−0,03	−0,07
Gross Profit Margin	37,56 %	45,6 %	87,53 %	66,27 %