KJØKKENFORNYER AS

4825 ARENDAL

Finances

Share Ownership

Return on Equity

182,77 %

Current Ratio

0,25

Debt-to-Equity Ratio

−1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 899 000	2 287 000	824 000
Net Income	−647 000	169 000	350 000	342 000
Total Assets	504 000	1 572 000	1 452 000	555 000
Total Equity	−354 000	293 000	124 000	317 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 899 000	2 287 000	824 000
Expenditure	1 736 000	1 615 000	1 794 000	378 000
Operating Profit	−608 000	285 000	492 000	446 000
Financial Income	1 000	0	1 000	0
Financial Costs	62 000	68 000	45 000	9 000
Financial Balance	−61 000	−68 000	−44 000	−9 000
Earnings Before Tax	−669 000	217 000	448 000	437 000
Tax	−21 000	48 000	99 000	95 000
Net Income	−647 000	169 000	350 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	953 000	586 000	227 000
Total Current Assets	92 000	619 000	866 000	328 000
Total Assets	504 000	1 572 000	1 452 000	555 000
Total Retained Equity	−378 000	269 000	100 000	292 000
Total Equity	−354 000	293 000	124 000	317 000
Total Long-Term Debt	486 000	1 030 000	429 000	8 000
Total Current Debt	371 000	249 000	898 000	230 000
Total Equity and Debt	504 000	1 572 000	1 452 000	555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	866 000	1 854 000	2 287 000	824 000
Other Income	263 000	45 000	0	0
Revenue	1 128 000	1 899 000	2 287 000	824 000
Cost of Goods Sold	284 000	486 000	1 292 000	115 000
Salary Costs	581 000	436 000	22 000	4 000
Depreciation	190 000	192 000	111 000	10 000
Impairment	0	0	0	0
Expenditure	1 736 000	1 615 000	1 794 000	378 000
Operating Profit	−608 000	285 000	492 000	446 000
Financial Income	1 000	0	1 000	0
Financial Costs	62 000	68 000	45 000	9 000
Financial Balance	−61 000	−68 000	−44 000	−9 000
Dividends	0	0	542 000	50 000
Net Income	−647 000	169 000	350 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	79 000	86 000	80 000	86 000
Total Intangible Assets	79 000	86 000	80 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	867 000	506 000	141 000
Total Tangible Assets	332 000	867 000	506 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	411 000	953 000	586 000	227 000
Stock	33 000	50 000	96 000	17 000
Total Investments	0	0	0	0
Cash, Bank	3 000	23 000	153 000	231 000
Total Current Assets	92 000	619 000	866 000	328 000
Total Assets	504 000	1 572 000	1 452 000	555 000
Total Equity	−354 000	293 000	124 000	317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	486 000	1 030 000	429 000	8 000
Creditors	171 000	70 000	260 000	84 000
Unpaid Taxes	108 000	107 000	2 000	10 000
Dividends	0	0	542 000	50 000
Other Current Debt	92 000	33 000	0	0
Total Current Debt	371 000	249 000	898 000	230 000
Total Equity and Debt	504 000	1 572 000	1 452 000	555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	182,77 %	57,68 %	282,26 %	107,89 %
Debt-to-Equity Ratio	−1,37	3,52	3,46	0,03
Operating Profit Margin	−53,9 %	15,01 %	21,51 %	54,13 %
Current Ratio	0,25	2,49	0,96	1,43
Quick Ratio	0,27	3,11	1,08	1,54
Equity Ratio	−0,7	0,19	0,09	0,57
Gross Profit Margin	74,82 %	74,41 %	43,51 %	86,04 %