KITIN ANTARKTIS AS

6040 VIGRA

Finances

Share Ownership

Return on Equity

35,21 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	1 007 000	3 512 000	6 000
Net Income	−5 544 000	−4 320 000	−3 720 000	−2 149 000
Total Assets	458 000	4 152 000	4 987 000	1 474 000
Total Equity	−15 745 000	−10 200 000	−5 880 000	−2 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	1 007 000	3 512 000	6 000
Expenditure	2 661 000	6 461 000	8 197 000	2 770 000
Operating Profit	−2 654 000	−5 454 000	−4 685 000	−2 764 000
Financial Income	0	1 000	1 000	0
Financial Costs	7 000	86 000	85 000	1 000
Financial Balance	−7 000	−85 000	−84 000	−1 000
Earnings Before Tax	−2 661 000	−5 539 000	−4 769 000	−2 765 000
Tax	2 883 000	−1 219 000	−1 049 000	−615 000
Net Income	−5 544 000	−4 320 000	−3 720 000	−2 149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	418 000	3 425 000	1 975 000	845 000
Total Current Assets	41 000	726 000	3 012 000	629 000
Total Assets	458 000	4 152 000	4 987 000	1 474 000
Total Retained Equity	−15 775 000	−10 230 000	−5 910 000	−2 190 000
Total Equity	−15 745 000	−10 200 000	−5 880 000	−2 160 000
Total Long-Term Debt	14 703 000	12 342 000	8 302 000	2 183 000
Total Current Debt	1 500 000	2 010 000	2 565 000	1 451 000
Total Equity and Debt	458 000	4 152 000	4 987 000	1 474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	100 000	0	6 000
Other Income	0	908 000	3 512 000	0
Revenue	6 000	1 007 000	3 512 000	6 000
Cost of Goods Sold	25 000	8 000	0	0
Salary Costs	1 272 000	4 186 000	4 788 000	1 183 000
Depreciation	125 000	101 000	38 000	8 000
Impairment	0	0	0	0
Expenditure	2 661 000	6 461 000	8 197 000	2 770 000
Operating Profit	−2 654 000	−5 454 000	−4 685 000	−2 764 000
Financial Income	0	1 000	1 000	0
Financial Costs	7 000	86 000	85 000	1 000
Financial Balance	−7 000	−85 000	−84 000	−1 000
Dividends	0	0	0	0
Net Income	−5 544 000	−4 320 000	−3 720 000	−2 149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 883 000	1 665 000	615 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	418 000	542 000	310 000	229 000
Total Tangible Assets	418 000	542 000	310 000	229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	418 000	3 425 000	1 975 000	845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	218 000	2 500 000	160 000
Total Current Assets	41 000	726 000	3 012 000	629 000
Total Assets	458 000	4 152 000	4 987 000	1 474 000
Total Equity	−15 745 000	−10 200 000	−5 880 000	−2 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 703 000	12 342 000	8 302 000	2 183 000
Creditors	1 019 000	1 222 000	1 584 000	1 138 000
Unpaid Taxes	0	130 000	294 000	187 000
Dividends	0	0	0	0
Other Current Debt	481 000	659 000	687 000	126 000
Total Current Debt	1 500 000	2 010 000	2 565 000	1 451 000
Total Equity and Debt	458 000	4 152 000	4 987 000	1 474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,21 %	42,35 %	63,27 %	99,49 %
Debt-to-Equity Ratio	−0,93	−1,21	−1,41	−1,01
Operating Profit Margin	−44 233,33 %	−541,61 %	−133,4 %	−46 066,67 %
Current Ratio	0,03	0,36	1,17	0,43
Quick Ratio	0,03	0,36	1,17	0,43
Equity Ratio	−34,38	−2,46	−1,18	−1,47
Gross Profit Margin	−316,67 %	99,21 %	100 %	100 %