KIN AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

30,46 %

Current Ratio

0,24

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 235 000	726 000	861 000	1 146 000
Net Income	−92 000	−24 000	−42 000	−29 000
Total Assets	547 000	597 000	734 000	834 000
Total Equity	−302 000	−210 000	−185 000	−143 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 235 000	726 000	861 000	1 146 000
Expenditure	1 353 000	757 000	891 000	1 174 000
Operating Profit	−118 000	−31 000	−30 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	0	0	−3 000	−1 000
Earnings Before Tax	−118 000	−31 000	−33 000	−29 000
Tax	−26 000	−7 000	10 000	0
Net Income	−92 000	−24 000	−42 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	480 000	602 000	747 000
Total Current Assets	210 000	117 000	132 000	87 000
Total Assets	547 000	597 000	734 000	834 000
Total Retained Equity	−332 000	−240 000	−215 000	−173 000
Total Equity	−302 000	−210 000	−185 000	−143 000
Total Long-Term Debt	−23 000	3 000	10 000	0
Total Current Debt	872 000	804 000	910 000	977 000
Total Equity and Debt	547 000	597 000	734 000	834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 200 000	688 000	788 000	1 112 000
Other Income	35 000	38 000	73 000	33 000
Revenue	1 235 000	726 000	861 000	1 146 000
Cost of Goods Sold	238 000	152 000	173 000	205 000
Salary Costs	762 000	292 000	388 000	487 000
Depreciation	144 000	144 000	144 000	144 000
Impairment	0	0	0	0
Expenditure	1 353 000	757 000	891 000	1 174 000
Operating Profit	−118 000	−31 000	−30 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	0	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−92 000	−24 000	−42 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	99 000	116 000	133 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	237 000	364 000	469 000	596 000
Total Tangible Assets	336 000	480 000	602 000	746 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	336 000	480 000	602 000	747 000
Stock	62 000	47 000	43 000	56 000
Total Investments	0	0	0	0
Cash, Bank	138 000	55 000	36 000	23 000
Total Current Assets	210 000	117 000	132 000	87 000
Total Assets	547 000	597 000	734 000	834 000
Total Equity	−302 000	−210 000	−185 000	−143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−23 000	3 000	10 000	0
Creditors	34 000	12 000	3 000	32 000
Unpaid Taxes	64 000	62 000	19 000	51 000
Dividends	0	0	0	0
Other Current Debt	773 000	731 000	887 000	893 000
Total Current Debt	872 000	804 000	910 000	977 000
Total Equity and Debt	547 000	597 000	734 000	834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,46 %	11,43 %	22,7 %	20,28 %
Debt-to-Equity Ratio	0,08	−0,01	−0,05	−0
Operating Profit Margin	−9,55 %	−4,27 %	−3,48 %	−2,53 %
Current Ratio	0,24	0,15	0,15	0,09
Quick Ratio	0,26	0,15	0,15	0,09
Equity Ratio	−0,55	−0,35	−0,25	−0,17
Gross Profit Margin	80,73 %	79,06 %	79,91 %	82,11 %