KRAGERØ NÆRINGSFORENING (KNF)

3770 KRAGERØ

Finances

Return on Equity

51,39 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2018	2017
Revenue	5 316 000	2 732 000	500 000
Net Income	944 000	321 000	150 000
Total Assets	3 500 000	1 056 000	431 000
Total Equity	1 837 000	765 000	278 000

Income (NOK)	2022	2018	2017
Revenue	5 316 000	2 732 000	500 000
Expenditure	4 375 000	2 411 000	351 000
Operating Profit	940 000	320 000	150 000
Financial Income	4 000	1 000	0
Financial Costs	0	0	0
Financial Balance	4 000	1 000	0
Earnings Before Tax	944 000	321 000	150 000
Tax	0	0	0
Net Income	944 000	321 000	150 000

Balance (NOK)	2022	2018	2017
Total Fixed Assets	0	268 000	156 000
Total Current Assets	3 500 000	788 000	275 000
Total Assets	3 500 000	1 056 000	431 000
Total Retained Equity	1 837 000	765 000	278 000
Total Equity	1 837 000	765 000	278 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 663 000	291 000	153 000
Total Equity and Debt	3 500 000	1 056 000	431 000

Cash flow (NOK)	2022	2018	2017
Sales Income	5 276 000	2 732 000	0
Other Income	40 000	0	500 000
Revenue	5 316 000	2 732 000	500 000
Cost of Goods Sold	10 000	278 000	0
Salary Costs	2 133 000	956 000	231 000
Depreciation	0	17 000	0
Impairment	0	0	0
Expenditure	4 375 000	2 411 000	351 000
Operating Profit	940 000	320 000	150 000
Financial Income	4 000	1 000	0
Financial Costs	0	0	0
Financial Balance	4 000	1 000	0
Dividends	0	0	0
Net Income	944 000	321 000	150 000

Balance details (NOK)	2022	2018	2017
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	36 000	27 000
Total Tangible Assets	0	36 000	27 000
Total Fiancial Fixed Assets	0	232 000	128 000
Total Fixed Assets	0	268 000	156 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 403 000	563 000	275 000
Total Current Assets	3 500 000	788 000	275 000
Total Assets	3 500 000	1 056 000	431 000
Total Equity	1 837 000	765 000	278 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	206 000	128 000	47 000
Unpaid Taxes	196 000	84 000	83 000
Dividends	0	0	0
Other Current Debt	1 261 000	80 000	22 000
Total Current Debt	1 663 000	291 000	153 000
Total Equity and Debt	3 500 000	1 056 000	431 000

Financial indicators	2022	2018	2017
Return on Equity	51,39 %	41,96 %	53,96 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	17,68 %	11,71 %	30 %
Current Ratio	2,1	2,71	1,8
Quick Ratio	2,1	2,71	1,8
Equity Ratio	0,52	0,72	0,65
Gross Profit Margin	99,81 %	89,82 %	100 %