KUNDO NORGE AS

0659 OSLO

Finances

Share Ownership

Return on Equity

42,35 %

Current Ratio

2,34

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 158 000	5 633 000	2 734 000	1 162 000
Net Income	216 000	176 000	52 000	35 000
Total Assets	2 429 000	2 112 000	1 246 000	1 088 000
Total Equity	510 000	293 000	117 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 158 000	5 633 000	2 734 000	1 162 000
Expenditure	6 832 000	5 365 000	2 624 000	1 110 000
Operating Profit	327 000	268 000	110 000	53 000
Financial Income	0	0	0	0
Financial Costs	48 000	41 000	43 000	8 000
Financial Balance	−48 000	−41 000	−43 000	−8 000
Earnings Before Tax	279 000	227 000	67 000	45 000
Tax	63 000	51 000	15 000	10 000
Net Income	216 000	176 000	52 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	66 000	73 000
Total Current Assets	2 429 000	2 112 000	1 180 000	1 015 000
Total Assets	2 429 000	2 112 000	1 246 000	1 088 000
Total Retained Equity	480 000	263 000	87 000	35 000
Total Equity	510 000	293 000	117 000	65 000
Total Long-Term Debt	884 000	837 000	796 000	754 000
Total Current Debt	1 036 000	981 000	333 000	269 000
Total Equity and Debt	2 429 000	2 112 000	1 246 000	1 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 154 000	5 633 000	2 734 000	1 162 000
Other Income	4 000	0	0	0
Revenue	7 158 000	5 633 000	2 734 000	1 162 000
Cost of Goods Sold	164 000	22 000	0	0
Salary Costs	5 651 000	4 470 000	1 966 000	807 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 832 000	5 365 000	2 624 000	1 110 000
Operating Profit	327 000	268 000	110 000	53 000
Financial Income	0	0	0	0
Financial Costs	48 000	41 000	43 000	8 000
Financial Balance	−48 000	−41 000	−43 000	−8 000
Dividends	0	0	0	0
Net Income	216 000	176 000	52 000	35 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	66 000	73 000
Total Fixed Assets	0	0	66 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 156 000	1 060 000	644 000	613 000
Total Current Assets	2 429 000	2 112 000	1 180 000	1 015 000
Total Assets	2 429 000	2 112 000	1 246 000	1 088 000
Total Equity	510 000	293 000	117 000	65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	884 000	837 000	796 000	754 000
Creditors	62 000	30 000	28 000	99 000
Unpaid Taxes	343 000	245 000	127 000	94 000
Dividends	0	0	0	0
Other Current Debt	569 000	655 000	164 000	66 000
Total Current Debt	1 036 000	981 000	333 000	269 000
Total Equity and Debt	2 429 000	2 112 000	1 246 000	1 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,35 %	60,07 %	44,44 %	53,85 %
Debt-to-Equity Ratio	1,73	2,86	6,8	11,6
Operating Profit Margin	4,57 %	4,76 %	4,02 %	4,56 %
Current Ratio	2,34	2,15	3,54	3,77
Quick Ratio	2,34	2,15	3,54	3,77
Equity Ratio	0,21	0,14	0,09	0,06
Gross Profit Margin	97,71 %	99,61 %	100 %	100 %