KNIT NORWAY AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

16,42 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 412 000	2 585 000	958 000	102 000
Net Income	98 000	328 000	140 000	8 000
Total Assets	1 564 000	1 293 000	693 000	150 000
Total Equity	597 000	499 000	171 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 412 000	2 585 000	958 000	102 000
Expenditure	2 222 000	2 140 000	770 000	91 000
Operating Profit	189 000	445 000	188 000	11 000
Financial Income	2 000	5 000	16 000	0
Financial Costs	65 000	29 000	25 000	0
Financial Balance	−63 000	−24 000	−9 000	0
Earnings Before Tax	126 000	421 000	180 000	10 000
Tax	28 000	93 000	39 000	2 000
Net Income	98 000	328 000	140 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	1 564 000	1 293 000	693 000	147 000
Total Assets	1 564 000	1 293 000	693 000	150 000
Total Retained Equity	561 000	463 000	135 000	−5 000
Total Equity	597 000	499 000	171 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	967 000	794 000	522 000	120 000
Total Equity and Debt	1 564 000	1 293 000	693 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 342 000	2 585 000	958 000	102 000
Other Income	70 000	0	0	0
Revenue	2 412 000	2 585 000	958 000	102 000
Cost of Goods Sold	1 713 000	1 670 000	657 000	73 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 222 000	2 140 000	770 000	91 000
Operating Profit	189 000	445 000	188 000	11 000
Financial Income	2 000	5 000	16 000	0
Financial Costs	65 000	29 000	25 000	0
Financial Balance	−63 000	−24 000	−9 000	0
Dividends	0	0	0	0
Net Income	98 000	328 000	140 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
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	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	1 089 000	933 000	428 000	49 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	25 000
Total Current Assets	1 564 000	1 293 000	693 000	147 000
Total Assets	1 564 000	1 293 000	693 000	150 000
Total Equity	597 000	499 000	171 000	30 000
Short-Term Group Debt	0	0	0	120 000
Total Long-Term Debt	0	0	0	0
Creditors	350 000	110 000	85 000	1 000
Unpaid Taxes	50 000	69 000	51 000	0
Dividends	0	0	0	0
Other Current Debt	203 000	205 000	160 000	0
Total Current Debt	967 000	794 000	522 000	120 000
Total Equity and Debt	1 564 000	1 293 000	693 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,42 %	65,73 %	81,87 %	26,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,84 %	17,21 %	19,62 %	10,78 %
Current Ratio	1,62	1,63	1,33	1,23
Quick Ratio	−12,82	−9,3	7,37	2,07
Equity Ratio	0,38	0,39	0,25	0,2
Gross Profit Margin	28,98 %	35,4 %	31,42 %	28,43 %