STIFTELSEN KANALSELSKAPET

4841 ARENDAL

Finances

Share Ownership

Return on Equity

0,89 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	590 000	122 000	64 000	108 000
Net Income	2 000	12 000	35 000	88 000
Total Assets	2 989 000	224 000	210 000	209 000
Total Equity	224 000	222 000	210 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	590 000	122 000	64 000	108 000
Expenditure	588 000	110 000	29 000	20 000
Operating Profit	2 000	12 000	35 000	88 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	2 000	12 000	35 000	88 000
Tax	0	0	0	0
Net Income	2 000	12 000	35 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	195 000	168 000	131 000
Total Current Assets	2 989 000	29 000	42 000	77 000
Total Assets	2 989 000	224 000	210 000	209 000
Total Retained Equity	24 000	122 000	110 000	75 000
Total Equity	224 000	222 000	210 000	175 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 765 000	2 000	0	34 000
Total Equity and Debt	2 989 000	224 000	210 000	209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	90 000	64 000	108 000
Other Income	590 000	32 000	0	0
Revenue	590 000	122 000	64 000	108 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	588 000	110 000	29 000	20 000
Operating Profit	2 000	12 000	35 000	88 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	2 000	12 000	35 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	195 000	168 000	131 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	195 000	168 000	131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	195 000	168 000	131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 982 000	18 000	39 000	50 000
Total Current Assets	2 989 000	29 000	42 000	77 000
Total Assets	2 989 000	224 000	210 000	209 000
Total Equity	224 000	222 000	210 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	2 000	0	34 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 759 000	0	0	0
Total Current Debt	2 765 000	2 000	0	34 000
Total Equity and Debt	2 989 000	224 000	210 000	209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,89 %	5,41 %	16,67 %	50,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,34 %	9,84 %	54,69 %	81,48 %
Current Ratio	1,08	14,5	-	2,26
Quick Ratio	1,08	14,5	-	2,26
Equity Ratio	0,07	0,99	1	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %