KUNSTKLIPP AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

36,03 %

Current Ratio

4,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 029 000	2 613 000	2 289 000	2 035 000
Net Income	901 000	714 000	578 000	342 000
Total Assets	3 320 000	2 516 000	1 906 000	1 160 000
Total Equity	2 501 000	1 801 000	1 237 000	808 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 029 000	2 613 000	2 289 000	2 035 000
Expenditure	1 875 000	1 698 000	1 548 000	1 597 000
Operating Profit	1 155 000	915 000	742 000	438 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	1 155 000	915 000	742 000	438 000
Tax	254 000	201 000	163 000	96 000
Net Income	901 000	714 000	578 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	24 000	40 000	42 000
Total Current Assets	3 306 000	2 493 000	1 866 000	1 118 000
Total Assets	3 320 000	2 516 000	1 906 000	1 160 000
Total Retained Equity	2 477 000	1 776 000	1 212 000	784 000
Total Equity	2 501 000	1 801 000	1 237 000	808 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	819 000	716 000	669 000	351 000
Total Equity and Debt	3 320 000	2 516 000	1 906 000	1 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 029 000	2 614 000	2 289 000	2 035 000
Other Income	0	−1 000	0	0
Revenue	3 029 000	2 613 000	2 289 000	2 035 000
Cost of Goods Sold	143 000	127 000	122 000	159 000
Salary Costs	1 307 000	1 122 000	981 000	963 000
Depreciation	9 000	17 000	32 000	39 000
Impairment	0	0	0	0
Expenditure	1 875 000	1 698 000	1 548 000	1 597 000
Operating Profit	1 155 000	915 000	742 000	438 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	200 000	150 000	150 000	0
Net Income	901 000	714 000	578 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	9 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	14 000	31 000	35 000
Total Tangible Assets	5 000	14 000	31 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	24 000	40 000	42 000
Stock	110 000	114 000	98 000	109 000
Total Investments	0	0	0	0
Cash, Bank	3 184 000	2 368 000	1 761 000	1 001 000
Total Current Assets	3 306 000	2 493 000	1 866 000	1 118 000
Total Assets	3 320 000	2 516 000	1 906 000	1 160 000
Total Equity	2 501 000	1 801 000	1 237 000	808 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	18 000	15 000	23 000
Unpaid Taxes	189 000	158 000	143 000	115 000
Dividends	200 000	150 000	150 000	0
Other Current Debt	154 000	188 000	196 000	112 000
Total Current Debt	819 000	716 000	669 000	351 000
Total Equity and Debt	3 320 000	2 516 000	1 906 000	1 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,03 %	39,64 %	46,73 %	42,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,13 %	35,02 %	32,42 %	21,52 %
Current Ratio	4,04	3,48	2,79	3,19
Quick Ratio	4,66	4,14	3,27	4,62
Equity Ratio	0,75	0,72	0,65	0,7
Gross Profit Margin	95,28 %	95,14 %	94,67 %	92,19 %