KLOVNING MEKANISKE AS

5545 VORMEDAL

Finances

Share Ownership

Return on Equity

92,68 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	895 000	0	0
Net Income	152 000	−14 000	−5 000
Total Assets	360 000	23 000	31 000
Total Equity	164 000	12 000	25 000

Income (NOK)	2022	2021	2020
Revenue	895 000	0	0
Expenditure	706 000	12 000	6 000
Operating Profit	190 000	−12 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	190 000	−12 000	−6 000
Tax	38 000	1 000	−1 000
Net Income	152 000	−14 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	65 000	0	1 000
Total Current Assets	294 000	23 000	29 000
Total Assets	360 000	23 000	31 000
Total Retained Equity	134 000	−18 000	−5 000
Total Equity	164 000	12 000	25 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	195 000	11 000	6 000
Total Equity and Debt	360 000	23 000	31 000

Cash flow (NOK)	2022	2021	2020
Sales Income	895 000	0	0
Other Income	0	0	0
Revenue	895 000	0	0
Cost of Goods Sold	17 000	0	0
Salary Costs	483 000	0	0
Depreciation	11 000	0	0
Impairment	0	0	0
Expenditure	706 000	12 000	6 000
Operating Profit	190 000	−12 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	152 000	−14 000	−5 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	65 000	0	0
Total Tangible Assets	65 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	65 000	0	1 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	124 000	23 000	29 000
Total Current Assets	294 000	23 000	29 000
Total Assets	360 000	23 000	31 000
Total Equity	164 000	12 000	25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	18 000	0	0
Unpaid Taxes	77 000	0	0
Dividends	0	0	0
Other Current Debt	63 000	11 000	6 000
Total Current Debt	195 000	11 000	6 000
Total Equity and Debt	360 000	23 000	31 000

Financial indicators	2022	2021	2020
Return on Equity	92,68 %	−116,67 %	−20 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	21,23 %	-	-
Current Ratio	1,51	2,09	4,83
Quick Ratio	1,51	2,09	4,83
Equity Ratio	0,46	0,52	0,81
Gross Profit Margin	98,1 %	-	-