KITEMAKER AS

1785 HALDEN

Finances

Share Ownership

Return on Equity

52,63 %

Current Ratio

4,53

Debt-to-Equity Ratio

−3,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	492 000	190 000	635 000	100 000
Net Income	−1 563 000	−2 670 000	−279 000	−182 000
Total Assets	8 504 000	3 998 000	1 459 000	1 568 000
Total Equity	−2 970 000	−1 407 000	−437 000	−158 000

Income (NOK)	2022	2021	2020	2019
Revenue	492 000	190 000	635 000	100 000
Expenditure	2 032 000	2 812 000	915 000	283 000
Operating Profit	−1 540 000	−2 621 000	−279 000	−183 000
Financial Income	4 000	0	0	1 000
Financial Costs	27 000	48 000	0	0
Financial Balance	−23 000	−48 000	0	1 000
Earnings Before Tax	−1 563 000	−2 670 000	−279 000	−182 000
Tax	0	0	0	0
Net Income	−1 563 000	−2 670 000	−279 000	−182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 065 000	2 496 000	1 146 000	502 000
Total Current Assets	2 439 000	1 502 000	314 000	1 066 000
Total Assets	8 504 000	3 998 000	1 459 000	1 568 000
Total Retained Equity	−4 695 000	−3 131 000	−462 000	−182 000
Total Equity	−2 970 000	−1 407 000	−437 000	−158 000
Total Long-Term Debt	10 936 000	4 727 000	0	0
Total Current Debt	539 000	678 000	1 897 000	1 726 000
Total Equity and Debt	8 504 000	3 998 000	1 459 000	1 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	492 000	190 000	635 000	100 000
Other Income	0	0	0	0
Revenue	492 000	190 000	635 000	100 000
Cost of Goods Sold	328 000	702 000	0	0
Salary Costs	1 088 000	857 000	733 000	241 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 032 000	2 812 000	915 000	283 000
Operating Profit	−1 540 000	−2 621 000	−279 000	−183 000
Financial Income	4 000	0	0	1 000
Financial Costs	27 000	48 000	0	0
Financial Balance	−23 000	−48 000	0	1 000
Dividends	0	0	0	0
Net Income	−1 563 000	−2 670 000	−279 000	−182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 065 000	2 496 000	1 116 000	502 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	30 000	0
Total Fixed Assets	6 065 000	2 496 000	1 146 000	502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 425 000	1 199 000	100 000	1 066 000
Total Current Assets	2 439 000	1 502 000	314 000	1 066 000
Total Assets	8 504 000	3 998 000	1 459 000	1 568 000
Total Equity	−2 970 000	−1 407 000	−437 000	−158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 936 000	4 727 000	0	0
Creditors	2 000	131 000	18 000	110 000
Unpaid Taxes	203 000	300 000	29 000	75 000
Dividends	0	0	0	0
Other Current Debt	334 000	247 000	149 000	41 000
Total Current Debt	539 000	678 000	1 897 000	1 726 000
Total Equity and Debt	8 504 000	3 998 000	1 459 000	1 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,63 %	189,77 %	63,84 %	115,19 %
Debt-to-Equity Ratio	−3,68	−3,36	−0	−0
Operating Profit Margin	−313,01 %	−1 379,47 %	−43,94 %	−183 %
Current Ratio	4,53	2,22	0,17	0,62
Quick Ratio	4,53	2,22	0,17	0,62
Equity Ratio	−0,35	−0,35	−0,3	−0,1
Gross Profit Margin	33,33 %	−269,47 %	100 %	100 %