KYSTTEC AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

14,29 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	2 772 000	1 771 000	255 000
Net Income	128 000	52 000	−9 000
Total Assets	1 293 000	621 000	470 000
Total Equity	896 000	508 000	455 000

Income (NOK)	2022	2021	2020
Revenue	2 772 000	1 771 000	255 000
Expenditure	2 606 000	1 711 000	264 000
Operating Profit	167 000	60 000	−9 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	165 000	60 000	−9 000
Tax	37 000	7 000	0
Net Income	128 000	52 000	−9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	468 000	236 000	246 000
Total Current Assets	825 000	385 000	225 000
Total Assets	1 293 000	621 000	470 000
Total Retained Equity	171 000	43 000	−9 000
Total Equity	896 000	508 000	455 000
Total Long-Term Debt	11 000	7 000	0
Total Current Debt	385 000	106 000	15 000
Total Equity and Debt	1 293 000	621 000	470 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 771 000	1 771 000	255 000
Other Income	2 000	0	0
Revenue	2 772 000	1 771 000	255 000
Cost of Goods Sold	726 000	862 000	132 000
Salary Costs	924 000	443 000	30 000
Depreciation	99 000	55 000	17 000
Impairment	0	0	0
Expenditure	2 606 000	1 711 000	264 000
Operating Profit	167 000	60 000	−9 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	0	0	0
Net Income	128 000	52 000	−9 000

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	308 000	67 000	85 000
Fixtures	160 000	169 000	161 000
Total Tangible Assets	468 000	236 000	246 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	468 000	236 000	246 000
Stock	253 000	86 000	0
Total Investments	0	0	0
Cash, Bank	115 000	88 000	96 000
Total Current Assets	825 000	385 000	225 000
Total Assets	1 293 000	621 000	470 000
Total Equity	896 000	508 000	455 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 000	7 000	0
Creditors	117 000	5 000	2 000
Unpaid Taxes	104 000	35 000	5 000
Dividends	0	0	0
Other Current Debt	131 000	67 000	8 000
Total Current Debt	385 000	106 000	15 000
Total Equity and Debt	1 293 000	621 000	470 000

Financial indicators	2022	2021	2020
Return on Equity	14,29 %	10,24 %	−1,98 %
Debt-to-Equity Ratio	0,01	0,01	0
Operating Profit Margin	6,02 %	3,39 %	−3,53 %
Current Ratio	2,14	3,63	15
Quick Ratio	6,25	19,25	15
Equity Ratio	0,69	0,82	0,97
Gross Profit Margin	73,81 %	51,33 %	48,24 %