KAK GOLF MANAGEMENT AS

3430 SPIKKESTAD

Finances

Share Ownership

Return on Equity

−253,33 %

Current Ratio

1,84

Debt-to-Equity Ratio

4,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 264 000	1 483 000	1 048 000	683 000
Net Income	−114 000	252 000	6 000	−58 000
Total Assets	340 000	516 000	353 000	225 000
Total Equity	45 000	160 000	−92 000	−128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 264 000	1 483 000	1 048 000	683 000
Expenditure	1 377 000	1 232 000	1 032 000	718 000
Operating Profit	−114 000	251 000	16 000	−35 000
Financial Income	1 000	6 000	0	0
Financial Costs	2 000	5 000	10 000	15 000
Financial Balance	−1 000	1 000	−10 000	−15 000
Earnings Before Tax	−114 000	252 000	6 000	−50 000
Tax	0	0	0	8 000
Net Income	−114 000	252 000	6 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	225 000	265 000	205 000
Total Current Assets	175 000	291 000	88 000	20 000
Total Assets	340 000	516 000	353 000	225 000
Total Retained Equity	−15 000	100 000	−152 000	−158 000
Total Equity	45 000	160 000	−92 000	−128 000
Total Long-Term Debt	200 000	222 000	276 000	346 000
Total Current Debt	95 000	134 000	169 000	7 000
Total Equity and Debt	340 000	516 000	353 000	225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	344 000	512 000	333 000	148 000
Other Income	921 000	971 000	714 000	536 000
Revenue	1 264 000	1 483 000	1 048 000	683 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	707 000	611 000	593 000	378 000
Depreciation	60 000	83 000	96 000	65 000
Impairment	0	0	0	0
Expenditure	1 377 000	1 232 000	1 032 000	718 000
Operating Profit	−114 000	251 000	16 000	−35 000
Financial Income	1 000	6 000	0	0
Financial Costs	2 000	5 000	10 000	15 000
Financial Balance	−1 000	1 000	−10 000	−15 000
Dividends	0	0	0	0
Net Income	−114 000	252 000	6 000	−58 000

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	75 000	106 000	109 000	0
Fixtures	90 000	118 000	156 000	205 000
Total Tangible Assets	165 000	225 000	265 000	205 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	165 000	225 000	265 000	205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	291 000	88 000	20 000
Total Current Assets	175 000	291 000	88 000	20 000
Total Assets	340 000	516 000	353 000	225 000
Total Equity	45 000	160 000	−92 000	−128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	222 000	276 000	346 000
Creditors	0	0	78 000	0
Unpaid Taxes	32 000	80 000	37 000	7 000
Dividends	0	0	0	0
Other Current Debt	62 000	55 000	54 000	0
Total Current Debt	95 000	134 000	169 000	7 000
Total Equity and Debt	340 000	516 000	353 000	225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−253,33 %	157,5 %	−6,52 %	45,31 %
Debt-to-Equity Ratio	4,44	1,39	−3	−2,7
Operating Profit Margin	−9,02 %	16,93 %	1,53 %	−5,12 %
Current Ratio	1,84	2,17	0,52	2,86
Quick Ratio	1,84	2,17	0,52	2,86
Equity Ratio	0,13	0,31	−0,26	−0,57
Gross Profit Margin	100 %	100 %	99,81 %	100 %