KIRKØY MASKINENTREPRENØR AS

1680 SKJÆRHALDEN

Finances

Share Ownership

Return on Equity

−6,91 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	1 063 000	527 000	300 000
Net Income	−26 000	347 000	−26 000	47 000
Total Assets	701 000	941 000	525 000	374 000
Total Equity	376 000	402 000	55 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	1 063 000	527 000	300 000
Expenditure	623 000	714 000	553 000	252 000
Operating Profit	−23 000	350 000	−26 000	47 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	0
Financial Balance	−2 000	−3 000	0	0
Earnings Before Tax	−26 000	347 000	−26 000	47 000
Tax	0	0	0	0
Net Income	−26 000	347 000	−26 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	80 000	122 000	139 000
Total Current Assets	496 000	861 000	403 000	234 000
Total Assets	701 000	941 000	525 000	374 000
Total Retained Equity	271 000	297 000	−50 000	−23 000
Total Equity	376 000	402 000	55 000	82 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	325 000	539 000	469 000	292 000
Total Equity and Debt	701 000	941 000	525 000	374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	121 000	527 000	300 000
Other Income	600 000	943 000	0	0
Revenue	600 000	1 063 000	527 000	300 000
Cost of Goods Sold	82 000	47 000	27 000	0
Salary Costs	0	0	0	0
Depreciation	62 000	34 000	34 000	16 000
Impairment	0	0	0	0
Expenditure	623 000	714 000	553 000	252 000
Operating Profit	−23 000	350 000	−26 000	47 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	0
Financial Balance	−2 000	−3 000	0	0
Dividends	0	0	0	0
Net Income	−26 000	347 000	−26 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	205 000	80 000	122 000	139 000
Total Tangible Assets	205 000	80 000	122 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	205 000	80 000	122 000	139 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	0	0	0
Cash, Bank	86 000	427 000	70 000	15 000
Total Current Assets	496 000	861 000	403 000	234 000
Total Assets	701 000	941 000	525 000	374 000
Total Equity	376 000	402 000	55 000	82 000
Short-Term Group Debt	288 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	132 000	47 000	6 000
Unpaid Taxes	18 000	0	3 000	7 000
Dividends	0	0	0	0
Other Current Debt	0	407 000	420 000	279 000
Total Current Debt	325 000	539 000	469 000	292 000
Total Equity and Debt	701 000	941 000	525 000	374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,91 %	86,32 %	−47,27 %	57,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,83 %	32,93 %	−4,93 %	15,67 %
Current Ratio	1,53	1,6	0,86	0,8
Quick Ratio	1,65	1,68	0,91	0,88
Equity Ratio	0,54	0,43	0,1	0,22
Gross Profit Margin	86,33 %	95,58 %	94,88 %	100 %