KINN ENTREPRENØR AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

40,56 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 722 000	8 412 000	5 763 000	2 755 000
Net Income	419 000	41 000	182 000	−911 000
Total Assets	1 369 000	5 906 000	3 363 000	765 000
Total Equity	1 033 000	614 000	573 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 722 000	8 412 000	5 763 000	2 755 000
Expenditure	9 304 000	8 371 000	5 583 000	3 760 000
Operating Profit	417 000	40 000	181 000	−966 000
Financial Income	7 000	1 000	1 000	3 000
Financial Costs	5 000	0	0	0
Financial Balance	2 000	1 000	1 000	3 000
Earnings Before Tax	419 000	41 000	182 000	−963 000
Tax	0	0	0	−52 000
Net Income	419 000	41 000	182 000	−911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	19 000	0	47 000
Total Current Assets	1 285 000	5 887 000	3 363 000	718 000
Total Assets	1 369 000	5 906 000	3 363 000	765 000
Total Retained Equity	−13 000	−432 000	−472 000	−654 000
Total Equity	1 033 000	614 000	573 000	391 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	336 000	5 292 000	2 789 000	374 000
Total Equity and Debt	1 369 000	5 906 000	3 363 000	765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 472 000	8 412 000	5 763 000	2 755 000
Other Income	250 000	0	0	0
Revenue	9 722 000	8 412 000	5 763 000	2 755 000
Cost of Goods Sold	6 798 000	6 476 000	3 992 000	1 071 000
Salary Costs	2 039 000	1 535 000	1 255 000	2 210 000
Depreciation	7 000	2 000	47 000	163 000
Impairment	0	0	0	0
Expenditure	9 304 000	8 371 000	5 583 000	3 760 000
Operating Profit	417 000	40 000	181 000	−966 000
Financial Income	7 000	1 000	1 000	3 000
Financial Costs	5 000	0	0	0
Financial Balance	2 000	1 000	1 000	3 000
Dividends	0	0	0	0
Net Income	419 000	41 000	182 000	−911 000

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	12 000	19 000	0	47 000
Total Tangible Assets	12 000	19 000	0	47 000
Total Fiancial Fixed Assets	72 000	0	0	0
Total Fixed Assets	84 000	19 000	0	47 000
Stock	0	0	0	39 000
Total Investments	0	0	0	0
Cash, Bank	292 000	3 596 000	2 879 000	90 000
Total Current Assets	1 285 000	5 887 000	3 363 000	718 000
Total Assets	1 369 000	5 906 000	3 363 000	765 000
Total Equity	1 033 000	614 000	573 000	391 000
Short-Term Group Debt	0	0	461 000	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	769 000	604 000	23 000
Unpaid Taxes	98 000	815 000	531 000	117 000
Dividends	0	0	0	0
Other Current Debt	216 000	3 708 000	1 193 000	235 000
Total Current Debt	336 000	5 292 000	2 789 000	374 000
Total Equity and Debt	1 369 000	5 906 000	3 363 000	765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,56 %	6,68 %	31,76 %	−232,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,29 %	0,48 %	3,14 %	−35,06 %
Current Ratio	3,82	1,11	1,21	1,92
Quick Ratio	3,82	1,11	1,21	2,14
Equity Ratio	0,75	0,1	0,17	0,51
Gross Profit Margin	30,08 %	23,01 %	30,73 %	61,13 %