KÅRNFLEX AS

3425 REISTAD

Finances

Share Ownership

Return on Equity

3,15 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 000	548 000	66 000	943 000
Net Income	4 000	195 000	−43 000	−98 000
Total Assets	2 203 000	1 987 000	1 305 000	1 259 000
Total Equity	127 000	123 000	−73 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 000	548 000	66 000	943 000
Expenditure	346 000	309 000	108 000	1 041 000
Operating Profit	−14 000	238 000	−43 000	−98 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−14 000	238 000	−43 000	−98 000
Tax	−18 000	43 000	0	0
Net Income	4 000	195 000	−43 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	37 000	37 000	37 000
Total Current Assets	2 166 000	1 950 000	1 268 000	1 222 000
Total Assets	2 203 000	1 987 000	1 305 000	1 259 000
Total Retained Equity	97 000	93 000	−103 000	−60 000
Total Equity	127 000	123 000	−73 000	−30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 076 000	1 865 000	1 378 000	1 289 000
Total Equity and Debt	2 203 000	1 987 000	1 305 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 000	548 000	66 000	943 000
Other Income	0	0	0	0
Revenue	332 000	548 000	66 000	943 000
Cost of Goods Sold	0	135 000	0	410 000
Salary Costs	172 000	115 000	105 000	584 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	346 000	309 000	108 000	1 041 000
Operating Profit	−14 000	238 000	−43 000	−98 000
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	4 000	195 000	−43 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	37 000	37 000	37 000	37 000
Total Fixed Assets	37 000	37 000	37 000	37 000
Stock	0	0	0	0
Total Investments	25 000	25 000	25 000	25 000
Cash, Bank	2 141 000	1 863 000	1 181 000	1 083 000
Total Current Assets	2 166 000	1 950 000	1 268 000	1 222 000
Total Assets	2 203 000	1 987 000	1 305 000	1 259 000
Total Equity	127 000	123 000	−73 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	1 000	1 000
Unpaid Taxes	83 000	174 000	70 000	102 000
Dividends	0	0	0	0
Other Current Debt	185 000	154 000	142 000	131 000
Total Current Debt	2 076 000	1 865 000	1 378 000	1 289 000
Total Equity and Debt	2 203 000	1 987 000	1 305 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,15 %	158,54 %	58,9 %	326,67 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−4,22 %	43,43 %	−65,15 %	−10,39 %
Current Ratio	1,04	1,05	0,92	0,95
Quick Ratio	1,04	1,05	0,92	0,95
Equity Ratio	0,06	0,06	−0,06	−0,02
Gross Profit Margin	100 %	75,36 %	100 %	56,52 %