KJØKKENFORNYELSE MIDT-NORGE AS

7602 LEVANGER

Finances

Return on Equity

73,78 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020
Revenue	11 932 000	8 703 000	9 408 000
Net Income	1 497 000	761 000	−88 000
Total Assets	4 813 000	4 385 000	2 842 000
Total Equity	2 029 000	1 567 000	906 000

Income (NOK)	2022	2021	2020
Revenue	11 932 000	8 703 000	9 408 000
Expenditure	10 620 000	7 669 000	9 435 000
Operating Profit	1 312 000	1 033 000	−28 000
Financial Income	500 000	1 000	0
Financial Costs	34 000	44 000	26 000
Financial Balance	466 000	−43 000	−26 000
Earnings Before Tax	1 779 000	990 000	−53 000
Tax	282 000	229 000	35 000
Net Income	1 497 000	761 000	−88 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 133 000	1 368 000	1 171 000
Total Current Assets	2 680 000	3 017 000	1 671 000
Total Assets	4 813 000	4 385 000	2 842 000
Total Retained Equity	2 004 000	673 000	−88 000
Total Equity	2 029 000	1 567 000	906 000
Total Long-Term Debt	1 206 000	713 000	797 000
Total Current Debt	1 578 000	2 105 000	1 139 000
Total Equity and Debt	4 813 000	4 385 000	2 842 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 814 000	8 669 000	9 148 000
Other Income	118 000	34 000	260 000
Revenue	11 932 000	8 703 000	9 408 000
Cost of Goods Sold	7 744 000	5 825 000	6 424 000
Salary Costs	1 641 000	953 000	2 125 000
Depreciation	294 000	242 000	230 000
Impairment	0	0	0
Expenditure	10 620 000	7 669 000	9 435 000
Operating Profit	1 312 000	1 033 000	−28 000
Financial Income	500 000	1 000	0
Financial Costs	34 000	44 000	26 000
Financial Balance	466 000	−43 000	−26 000
Dividends	0	0	0
Net Income	1 497 000	761 000	−88 000

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	6 000	49 000
Fixtures	1 700 000	743 000	898 000
Total Tangible Assets	1 700 000	750 000	947 000
Total Fiancial Fixed Assets	433 000	618 000	224 000
Total Fixed Assets	2 133 000	1 368 000	1 171 000
Stock	290 000	406 000	0
Total Investments	0	0	0
Cash, Bank	2 096 000	2 462 000	1 487 000
Total Current Assets	2 680 000	3 017 000	1 671 000
Total Assets	4 813 000	4 385 000	2 842 000
Total Equity	2 029 000	1 567 000	906 000
Short-Term Group Debt	0	185 000	0
Total Long-Term Debt	1 206 000	713 000	797 000
Creditors	894 000	771 000	562 000
Unpaid Taxes	54 000	226 000	332 000
Dividends	0	0	0
Other Current Debt	407 000	765 000	244 000
Total Current Debt	1 578 000	2 105 000	1 139 000
Total Equity and Debt	4 813 000	4 385 000	2 842 000

Financial indicators	2022	2021	2020
Return on Equity	73,78 %	48,56 %	−9,71 %
Debt-to-Equity Ratio	0,59	0,46	0,88
Operating Profit Margin	11 %	11,87 %	−0,3 %
Current Ratio	1,7	1,43	1,47
Quick Ratio	2,08	1,78	1,47
Equity Ratio	0,42	0,36	0,32
Gross Profit Margin	35,1 %	33,07 %	31,72 %