KJENNTECK AS

1350 LOMMEDALEN

Finances

Share Ownership

Return on Equity

70,17 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 008 000	3 287 000	2 646 000	3 656 000
Net Income	294 000	−31 000	127 000	−69 000
Total Assets	1 023 000	607 000	1 254 000	629 000
Total Equity	419 000	175 000	240 000	233 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 008 000	3 287 000	2 646 000	3 656 000
Expenditure	2 639 000	3 323 000	2 523 000	3 727 000
Operating Profit	369 000	−36 000	122 000	−71 000
Financial Income	3 000	4 000	26 000	3 000
Financial Costs	1 000	0	1 000	3 000
Financial Balance	2 000	4 000	25 000	0
Earnings Before Tax	370 000	−32 000	147 000	−70 000
Tax	76 000	−1 000	19 000	−1 000
Net Income	294 000	−31 000	127 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	47 000	39 000	119 000
Total Current Assets	1 018 000	560 000	1 215 000	510 000
Total Assets	1 023 000	607 000	1 254 000	629 000
Total Retained Equity	389 000	145 000	210 000	203 000
Total Equity	419 000	175 000	240 000	233 000
Total Long-Term Debt	1 000	0	1 000	0
Total Current Debt	603 000	432 000	1 014 000	396 000
Total Equity and Debt	1 023 000	607 000	1 254 000	629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 008 000	3 287 000	2 646 000	3 656 000
Other Income	0	0	−1 000	1 000
Revenue	3 008 000	3 287 000	2 646 000	3 656 000
Cost of Goods Sold	1 539 000	2 038 000	1 732 000	2 466 000
Salary Costs	610 000	780 000	400 000	685 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 639 000	3 323 000	2 523 000	3 727 000
Operating Profit	369 000	−36 000	122 000	−71 000
Financial Income	3 000	4 000	26 000	3 000
Financial Costs	1 000	0	1 000	3 000
Financial Balance	2 000	4 000	25 000	0
Dividends	50 000	34 000	120 000	0
Net Income	294 000	−31 000	127 000	−69 000

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	5 000	13 000	21 000	29 000
Total Tangible Assets	5 000	13 000	21 000	29 000
Total Fiancial Fixed Assets	0	34 000	18 000	90 000
Total Fixed Assets	5 000	47 000	39 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	649 000	320 000	281 000	157 000
Total Current Assets	1 018 000	560 000	1 215 000	510 000
Total Assets	1 023 000	607 000	1 254 000	629 000
Total Equity	419 000	175 000	240 000	233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	1 000	0
Creditors	162 000	53 000	577 000	200 000
Unpaid Taxes	231 000	264 000	258 000	124 000
Dividends	50 000	34 000	120 000	0
Other Current Debt	85 000	81 000	40 000	72 000
Total Current Debt	603 000	432 000	1 014 000	396 000
Total Equity and Debt	1 023 000	607 000	1 254 000	629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,17 %	−17,71 %	52,92 %	−29,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,27 %	−1,1 %	4,61 %	−1,94 %
Current Ratio	1,69	1,3	1,2	1,29
Quick Ratio	1,69	1,3	1,2	1,29
Equity Ratio	0,41	0,29	0,19	0,37
Gross Profit Margin	48,84 %	38 %	34,54 %	32,55 %