KK ENGINEERING AS

3241 SANDEFJORD

Finances

Return on Equity

179,92 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 351 000	2 136 000	1 080 000	1 331 000
Net Income	466 000	2 000	231 000	99 000
Total Assets	1 428 000	703 000	592 000	420 000
Total Equity	259 000	43 000	40 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 351 000	2 136 000	1 080 000	1 331 000
Expenditure	2 742 000	2 139 000	915 000	1 204 000
Operating Profit	608 000	−4 000	165 000	127 000
Financial Income	0	26 000	103 000	1 000
Financial Costs	14 000	21 000	0	0
Financial Balance	−14 000	5 000	103 000	1 000
Earnings Before Tax	594 000	2 000	267 000	127 000
Tax	129 000	0	36 000	28 000
Net Income	466 000	2 000	231 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	322 000	0	0
Total Current Assets	1 051 000	382 000	592 000	420 000
Total Assets	1 428 000	703 000	592 000	420 000
Total Retained Equity	229 000	13 000	10 000	99 000
Total Equity	259 000	43 000	40 000	129 000
Total Long-Term Debt	16 000	220 000	0	1 000
Total Current Debt	1 154 000	440 000	552 000	290 000
Total Equity and Debt	1 428 000	703 000	592 000	420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 254 000	2 093 000	1 080 000	1 331 000
Other Income	97 000	43 000	0	0
Revenue	3 351 000	2 136 000	1 080 000	1 331 000
Cost of Goods Sold	504 000	1 127 000	14 000	44 000
Salary Costs	1 690 000	636 000	657 000	989 000
Depreciation	27 000	29 000	0	0
Impairment	0	0	0	0
Expenditure	2 742 000	2 139 000	915 000	1 204 000
Operating Profit	608 000	−4 000	165 000	127 000
Financial Income	0	26 000	103 000	1 000
Financial Costs	14 000	21 000	0	0
Financial Balance	−14 000	5 000	103 000	1 000
Dividends	250 000	0	320 000	0
Net Income	466 000	2 000	231 000	99 000

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	322 000	0	0
Total Tangible Assets	0	322 000	0	0
Total Fiancial Fixed Assets	378 000	0	0	0
Total Fixed Assets	378 000	322 000	0	0
Stock	74 000	25 000	0	0
Total Investments	0	0	313 000	31 000
Cash, Bank	311 000	84 000	203 000	239 000
Total Current Assets	1 051 000	382 000	592 000	420 000
Total Assets	1 428 000	703 000	592 000	420 000
Total Equity	259 000	43 000	40 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	220 000	0	1 000
Creditors	145 000	103 000	0	0
Unpaid Taxes	341 000	93 000	128 000	125 000
Dividends	250 000	0	320 000	0
Other Current Debt	555 000	245 000	66 000	137 000
Total Current Debt	1 154 000	440 000	552 000	290 000
Total Equity and Debt	1 428 000	703 000	592 000	420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	179,92 %	4,65 %	577,5 %	76,74 %
Debt-to-Equity Ratio	0,06	5,12	0	0,01
Operating Profit Margin	18,14 %	−0,19 %	15,28 %	9,54 %
Current Ratio	0,91	0,87	1,07	1,45
Quick Ratio	0,97	0,92	1,07	1,45
Equity Ratio	0,18	0,06	0,07	0,31
Gross Profit Margin	84,96 %	47,24 %	98,7 %	96,69 %