KNARVIKLOFTET AS

5914 ISDALSTØ

Finances

Return on Equity

38,68 %

Current Ratio

2,26

Debt-to-Equity Ratio

13,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 661 000	6 027 000	899 000	925 000
Net Income	2 207 000	1 113 000	101 000	206 000
Total Assets	85 570 000	53 451 000	8 904 000	13 356 000
Total Equity	5 706 000	2 848 000	2 519 000	4 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 661 000	6 027 000	899 000	925 000
Expenditure	4 327 000	3 492 000	541 000	412 000
Operating Profit	5 334 000	2 536 000	358 000	513 000
Financial Income	75 000	8 000	1 000	3 000
Financial Costs	2 578 000	1 128 000	230 000	252 000
Financial Balance	−2 503 000	−1 120 000	−229 000	−249 000
Earnings Before Tax	2 831 000	1 415 000	130 000	264 000
Tax	624 000	302 000	29 000	58 000
Net Income	2 207 000	1 113 000	101 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 183 000	47 226 000	6 678 000	6 736 000
Total Current Assets	10 386 000	6 225 000	2 226 000	6 620 000
Total Assets	85 570 000	53 451 000	8 904 000	13 356 000
Total Retained Equity	3 556 000	798 000	469 000	2 368 000
Total Equity	5 706 000	2 848 000	2 519 000	4 418 000
Total Long-Term Debt	75 262 000	45 951 000	6 243 000	6 443 000
Total Current Debt	4 601 000	4 653 000	141 000	2 495 000
Total Equity and Debt	85 570 000	53 451 000	8 904 000	13 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 661 000	6 027 000	899 000	925 000
Revenue	9 661 000	6 027 000	899 000	925 000
Cost of Goods Sold	0	0	0	0
Salary Costs	104 000	123 000	0	0
Depreciation	1 774 000	705 000	82 000	86 000
Impairment	0	0	0	0
Expenditure	4 327 000	3 492 000	541 000	412 000
Operating Profit	5 334 000	2 536 000	358 000	513 000
Financial Income	75 000	8 000	1 000	3 000
Financial Costs	2 578 000	1 128 000	230 000	252 000
Financial Balance	−2 503 000	−1 120 000	−229 000	−249 000
Dividends	0	0	0	0
Net Income	2 207 000	1 113 000	101 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	71 234 000	44 372 000	1 667 000	1 749 000
Machinery and Plant Facilities	1 706 000	350 000	100 000	100 000
Fixtures	0	0	0	0
Total Tangible Assets	72 939 000	44 722 000	1 767 000	1 849 000
Total Fiancial Fixed Assets	2 244 000	2 504 000	4 911 000	4 887 000
Total Fixed Assets	75 183 000	47 226 000	6 678 000	6 736 000
Stock	2 500 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 712 000	3 722 000	2 048 000	6 448 000
Total Current Assets	10 386 000	6 225 000	2 226 000	6 620 000
Total Assets	85 570 000	53 451 000	8 904 000	13 356 000
Total Equity	5 706 000	2 848 000	2 519 000	4 418 000
Short-Term Group Debt	0	0	0	2 408 000
Total Long-Term Debt	75 262 000	45 951 000	6 243 000	6 443 000
Creditors	936 000	615 000	49 000	0
Unpaid Taxes	317 000	0	22 000	0
Dividends	0	0	0	0
Other Current Debt	2 767 000	3 931 000	18 000	60 000
Total Current Debt	4 601 000	4 653 000	141 000	2 495 000
Total Equity and Debt	85 570 000	53 451 000	8 904 000	13 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,68 %	39,08 %	4,01 %	4,66 %
Debt-to-Equity Ratio	13,19	16,13	2,48	1,46
Operating Profit Margin	55,21 %	42,08 %	39,82 %	55,46 %
Current Ratio	2,26	1,34	15,79	2,65
Quick Ratio	4,94	1,34	15,79	2,65
Equity Ratio	0,07	0,05	0,28	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %