KANALVEIEN 90 AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

−238,56 %

Current Ratio

1,4

Debt-to-Equity Ratio

32,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 334 000	5 152 000	6 623 000	6 931 000
Net Income	−14 223 000	−8 641 000	−5 461 000	−6 555 000
Total Assets	217 963 000	216 626 000	230 074 000	227 598 000
Total Equity	5 962 000	20 185 000	34 180 000	30 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 334 000	5 152 000	6 623 000	6 931 000
Expenditure	11 353 000	9 233 000	8 096 000	8 646 000
Operating Profit	−7 019 000	−4 081 000	−1 473 000	−1 715 000
Financial Income	13 000	15 000	3 000	5 000
Financial Costs	7 217 000	4 576 000	5 529 000	6 694 000
Financial Balance	−7 204 000	−4 561 000	−5 526 000	−6 689 000
Earnings Before Tax	−14 223 000	−8 641 000	−7 000 000	−8 404 000
Tax	0	0	−1 538 000	−1 849 000
Net Income	−14 223 000	−8 641 000	−5 461 000	−6 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 096 000	196 840 000	204 938 000	201 289 000
Total Current Assets	23 867 000	19 786 000	25 136 000	26 309 000
Total Assets	217 963 000	216 626 000	230 074 000	227 598 000
Total Retained Equity	−14 223 000	0	−18 990 000	−13 528 000
Total Equity	5 962 000	20 185 000	34 180 000	30 842 000
Total Long-Term Debt	195 000 000	195 000 000	195 000 000	195 000 000
Total Current Debt	17 001 000	1 441 000	894 000	1 757 000
Total Equity and Debt	217 963 000	216 626 000	230 074 000	227 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 334 000	5 152 000	5 375 000	6 359 000
Other Income	0	0	1 248 000	572 000
Revenue	4 334 000	5 152 000	6 623 000	6 931 000
Cost of Goods Sold	0	0	0	0
Salary Costs	194 000	194 000	187 000	210 000
Depreciation	2 744 000	2 744 000	2 744 000	2 744 000
Impairment	0	0	0	0
Expenditure	11 353 000	9 233 000	8 096 000	8 646 000
Operating Profit	−7 019 000	−4 081 000	−1 473 000	−1 715 000
Financial Income	13 000	15 000	3 000	5 000
Financial Costs	7 217 000	4 576 000	5 529 000	6 694 000
Financial Balance	−7 204 000	−4 561 000	−5 526 000	−6 689 000
Dividends	0	0	0	0
Net Income	−14 223 000	−8 641 000	−5 461 000	−6 555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 354 000	3 816 000
Real Eastate	194 096 000	196 840 000	199 584 000	197 474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	194 096 000	196 840 000	199 584 000	197 474 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 096 000	196 840 000	204 938 000	201 289 000
Stock	23 367 000	18 223 000	15 123 000	11 411 000
Total Investments	0	0	0	0
Cash, Bank	0	281 000	9 227 000	12 364 000
Total Current Assets	23 867 000	19 786 000	25 136 000	26 309 000
Total Assets	217 963 000	216 626 000	230 074 000	227 598 000
Total Equity	5 962 000	20 185 000	34 180 000	30 842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	195 000 000	195 000 000	195 000 000	195 000 000
Creditors	1 967 000	777 000	561 000	1 423 000
Unpaid Taxes	0	53 000	65 000	46 000
Dividends	0	0	0	0
Other Current Debt	14 865 000	611 000	268 000	287 000
Total Current Debt	17 001 000	1 441 000	894 000	1 757 000
Total Equity and Debt	217 963 000	216 626 000	230 074 000	227 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−238,56 %	−42,81 %	−15,98 %	−21,25 %
Debt-to-Equity Ratio	32,71	9,66	5,71	6,32
Operating Profit Margin	−161,95 %	−79,21 %	−22,24 %	−24,74 %
Current Ratio	1,4	13,73	28,12	14,97
Quick Ratio	−3,75	−1,18	−1,77	−2,73
Equity Ratio	0,03	0,09	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %