KINA,HØGMOEN AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

−63,95 %

Current Ratio

6,06

Debt-to-Equity Ratio

−3,27

Key figures (NOK)	2022	2021	2020
Revenue	451 000	379 000	0
Net Income	94 000	28 000	−289 000
Total Assets	400 000	243 000	211 000
Total Equity	−147 000	−231 000	−259 000

Income (NOK)	2022	2021	2020
Revenue	451 000	379 000	0
Expenditure	332 000	352 000	289 000
Operating Profit	119 000	28 000	−289 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	118 000	28 000	−289 000
Tax	25 000	0	0
Net Income	94 000	28 000	−289 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	−10 000	0
Total Current Assets	400 000	253 000	211 000
Total Assets	400 000	243 000	211 000
Total Retained Equity	−177 000	−261 000	−289 000
Total Equity	−147 000	−231 000	−259 000
Total Long-Term Debt	481 000	471 000	470 000
Total Current Debt	66 000	3 000	0
Total Equity and Debt	400 000	243 000	211 000

Cash flow (NOK)	2022	2021	2020
Sales Income	451 000	379 000	0
Other Income	0	0	0
Revenue	451 000	379 000	0
Cost of Goods Sold	247 000	291 000	289 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	332 000	352 000	289 000
Operating Profit	119 000	28 000	−289 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	94 000	28 000	−289 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	−10 000	0
Total Fixed Assets	0	−10 000	0
Stock	69 000	0	0
Total Investments	0	0	0
Cash, Bank	309 000	251 000	211 000
Total Current Assets	400 000	253 000	211 000
Total Assets	400 000	243 000	211 000
Total Equity	−147 000	−231 000	−259 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	481 000	471 000	470 000
Creditors	36 000	3 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 000	0	0
Total Current Debt	66 000	3 000	0
Total Equity and Debt	400 000	243 000	211 000

Financial indicators	2022	2021	2020
Return on Equity	−63,95 %	−12,12 %	111,58 %
Debt-to-Equity Ratio	−3,27	−2,04	−1,81
Operating Profit Margin	26,39 %	7,39 %	-
Current Ratio	6,06	84,33	-
Quick Ratio	−133,33	84,33	-
Equity Ratio	−0,37	−0,95	−1,23
Gross Profit Margin	45,23 %	23,22 %	-