KINGSPAN WATER & ENERGY AS

3158 ANDEBU

Finances

Share Ownership

Return on Equity

50,64 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	226 902 000	217 585 000	192 188 000	165 876 000
Net Income	13 250 000	−5 704 000	13 642 000	−16 265 000
Total Assets	141 945 000	109 530 000	123 388 000	107 258 000
Total Equity	26 166 000	13 107 000	20 594 000	2 937 000

Income (NOK)	2022	2021	2020	2019
Revenue	226 902 000	217 585 000	192 188 000	165 876 000
Expenditure	211 160 000	243 580 000	173 811 000	183 452 000
Operating Profit	15 742 000	−4 732 000	17 240 000	−17 758 000
Financial Income	3 133 000	5 476 000	3 546 000	1 120 000
Financial Costs	1 820 000	5 663 000	4 696 000	3 715 000
Financial Balance	1 313 000	−187 000	−1 150 000	−2 595 000
Earnings Before Tax	17 055 000	−4 919 000	16 091 000	−20 352 000
Tax	3 804 000	785 000	2 449 000	−4 087 000
Net Income	13 250 000	−5 704 000	13 642 000	−16 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 704 000	42 378 000	38 508 000	29 711 000
Total Current Assets	79 241 000	67 152 000	84 880 000	77 547 000
Total Assets	141 945 000	109 530 000	123 388 000	107 258 000
Total Retained Equity	7 784 000	0	5 785 000	−7 856 000
Total Equity	26 166 000	13 107 000	20 594 000	2 937 000
Total Long-Term Debt	45 857 000	41 003 000	42 223 000	51 733 000
Total Current Debt	69 922 000	55 420 000	60 571 000	52 588 000
Total Equity and Debt	141 945 000	109 530 000	123 388 000	107 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	226 902 000	217 585 000	176 870 000	165 876 000
Other Income	0	0	15 318 000	0
Revenue	226 902 000	217 585 000	192 188 000	165 876 000
Cost of Goods Sold	91 344 000	129 852 000	86 986 000	97 911 000
Salary Costs	70 301 000	59 476 000	45 335 000	50 990 000
Depreciation	3 434 000	2 913 000	1 998 000	2 919 000
Impairment	0	0	0	1 536 000
Expenditure	211 160 000	243 580 000	173 811 000	183 452 000
Operating Profit	15 742 000	−4 732 000	17 240 000	−17 758 000
Financial Income	3 133 000	5 476 000	3 546 000	1 120 000
Financial Costs	1 820 000	5 663 000	4 696 000	3 715 000
Financial Balance	1 313 000	−187 000	−1 150 000	−2 595 000
Dividends	0	0	0	0
Net Income	13 250 000	−5 704 000	13 642 000	−16 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	523 000	2 906 000	3 188 000	6 770 000
Real Eastate	40 656 000	20 262 000	24 299 000	10 262 000
Machinery and Plant Facilities	15 131 000	14 749 000	4 695 000	6 263 000
Fixtures	6 394 000	4 460 000	676 000	766 000
Total Tangible Assets	62 181 000	39 472 000	29 669 000	17 291 000
Total Fiancial Fixed Assets	0	0	5 651 000	5 651 000
Total Fixed Assets	62 704 000	42 378 000	38 508 000	29 711 000
Stock	27 852 000	26 486 000	23 227 000	23 547 000
Total Investments	0	0	0	0
Cash, Bank	9 615 000	2 932 000	28 325 000	16 666 000
Total Current Assets	79 241 000	67 152 000	84 880 000	77 547 000
Total Assets	141 945 000	109 530 000	123 388 000	107 258 000
Total Equity	26 166 000	13 107 000	20 594 000	2 937 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 857 000	41 003 000	42 223 000	51 733 000
Creditors	21 745 000	17 983 000	39 429 000	39 004 000
Unpaid Taxes	7 691 000	7 110 000	4 196 000	4 016 000
Dividends	0	0	0	0
Other Current Debt	40 486 000	30 326 000	16 946 000	9 568 000
Total Current Debt	69 922 000	55 420 000	60 571 000	52 588 000
Total Equity and Debt	141 945 000	109 530 000	123 388 000	107 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,64 %	−43,52 %	66,24 %	−553,8 %
Debt-to-Equity Ratio	1,75	3,13	2,05	17,61
Operating Profit Margin	6,94 %	−2,17 %	8,97 %	−10,71 %
Current Ratio	1,13	1,21	1,4	1,47
Quick Ratio	1,88	2,32	2,27	2,67
Equity Ratio	0,18	0,12	0,17	0,03
Gross Profit Margin	59,74 %	40,32 %	54,74 %	40,97 %