KANIC INVEST AS

1396 BILLINGSTAD

Finances

Return on Equity

10,01 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	0	0	0
Net Income	228 000	2 010 000	166 000	102 000
Total Assets	2 585 000	2 873 000	686 000	637 000
Total Equity	2 278 000	2 299 000	290 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	0	0	0
Expenditure	23 000	20 000	9 000	1 000
Operating Profit	25 000	−20 000	−9 000	−1 000
Financial Income	204 000	2 030 000	175 000	108 000
Financial Costs	0	0	0	4 000
Financial Balance	204 000	2 030 000	175 000	104 000
Earnings Before Tax	229 000	2 010 000	166 000	102 000
Tax	0	0	0	0
Net Income	228 000	2 010 000	166 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 571 000	2 872 000	685 000	610 000
Total Current Assets	13 000	1 000	0	27 000
Total Assets	2 585 000	2 873 000	686 000	637 000
Total Retained Equity	2 248 000	2 269 000	260 000	93 000
Total Equity	2 278 000	2 299 000	290 000	123 000
Total Long-Term Debt	44 000	574 000	396 000	514 000
Total Current Debt	263 000	0	0	0
Total Equity and Debt	2 585 000	2 873 000	686 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	0	0	0
Other Income	0	0	0	0
Revenue	48 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	20 000	9 000	1 000
Operating Profit	25 000	−20 000	−9 000	−1 000
Financial Income	204 000	2 030 000	175 000	108 000
Financial Costs	0	0	0	4 000
Financial Balance	204 000	2 030 000	175 000	104 000
Dividends	250 000	0	0	0
Net Income	228 000	2 010 000	166 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	2 571 000	2 872 000	685 000	610 000
Total Fixed Assets	2 571 000	2 872 000	685 000	610 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	1 000	0	27 000
Total Current Assets	13 000	1 000	0	27 000
Total Assets	2 585 000	2 873 000	686 000	637 000
Total Equity	2 278 000	2 299 000	290 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	574 000	396 000	514 000
Creditors	13 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	250 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	263 000	0	0	0
Total Equity and Debt	2 585 000	2 873 000	686 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,01 %	87,43 %	57,24 %	82,93 %
Debt-to-Equity Ratio	0,02	0,25	1,37	4,18
Operating Profit Margin	52,08 %	-	-	-
Current Ratio	0,05	-	-	-
Quick Ratio	0,05	-	-	-
Equity Ratio	0,88	0,8	0,42	0,19
Gross Profit Margin	100 %	-	-	-