KNIPSEREN AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

114,81 %

Current Ratio

0,36

Debt-to-Equity Ratio

−4,82

Key figures (NOK)	2021	2020	2019
Revenue	3 833 000	2 200 000	208 000
Net Income	−1 240 000	101 000	−40 000
Total Assets	7 641 000	7 112 000	1 076 000
Total Equity	−1 080 000	160 000	60 000

Income (NOK)	2021	2020	2019
Revenue	3 833 000	2 200 000	208 000
Expenditure	4 857 000	2 106 000	238 000
Operating Profit	−1 024 000	94 000	−30 000
Financial Income	1 000	0	0
Financial Costs	184 000	27 000	10 000
Financial Balance	−183 000	−27 000	−10 000
Earnings Before Tax	−1 207 000	68 000	−40 000
Tax	33 000	−33 000	0
Net Income	−1 240 000	101 000	−40 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	6 388 000	5 440 000	995 000
Total Current Assets	1 253 000	1 672 000	81 000
Total Assets	7 641 000	7 112 000	1 076 000
Total Retained Equity	−1 180 000	60 000	−40 000
Total Equity	−1 080 000	160 000	60 000
Total Long-Term Debt	5 209 000	4 328 000	884 000
Total Current Debt	3 512 000	2 624 000	133 000
Total Equity and Debt	7 641 000	7 112 000	1 076 000

Cash flow (NOK)	2021	2020	2019
Sales Income	3 358 000	1 780 000	208 000
Other Income	474 000	420 000	0
Revenue	3 833 000	2 200 000	208 000
Cost of Goods Sold	680 000	114 000	0
Salary Costs	1 031 000	751 000	153 000
Depreciation	771 000	830 000	26 000
Impairment	0	0	59 000
Expenditure	4 857 000	2 106 000	238 000
Operating Profit	−1 024 000	94 000	−30 000
Financial Income	1 000	0	0
Financial Costs	184 000	27 000	10 000
Financial Balance	−183 000	−27 000	−10 000
Dividends	0	0	0
Net Income	−1 240 000	101 000	−40 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	33 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	682 000	312 000	995 000
Total Tangible Assets	6 388 000	5 407 000	995 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 388 000	5 440 000	995 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	186 000	70 000	36 000
Total Current Assets	1 253 000	1 672 000	81 000
Total Assets	7 641 000	7 112 000	1 076 000
Total Equity	−1 080 000	160 000	60 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 209 000	4 328 000	884 000
Creditors	656 000	241 000	9 000
Unpaid Taxes	79 000	50 000	−207 000
Dividends	0	0	0
Other Current Debt	2 777 000	1 648 000	331 000
Total Current Debt	3 512 000	2 624 000	133 000
Total Equity and Debt	7 641 000	7 112 000	1 076 000

Financial indicators	2021	2020	2019
Return on Equity	114,81 %	63,13 %	−66,67 %
Debt-to-Equity Ratio	−4,82	27,05	14,73
Operating Profit Margin	−26,72 %	4,27 %	−14,42 %
Current Ratio	0,36	0,64	0,61
Quick Ratio	0,36	0,64	0,61
Equity Ratio	−0,14	0,02	0,06
Gross Profit Margin	82,26 %	94,82 %	100 %