KANAAN AS

4887 GRIMSTAD

Finances

Return on Equity

119,23 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	−18 000	2 380 000	20 000	743 000
Net Income	4 589 000	1 324 000	282 000	82 000
Total Assets	13 169 000	4 710 000	5 468 000	5 076 000
Total Equity	3 849 000	3 953 000	3 930 000	3 697 000

Income (NOK)	2022	2021	2020	2019
Revenue	−18 000	2 380 000	20 000	743 000
Expenditure	333 000	468 000	133 000	616 000
Operating Profit	−351 000	−282 000	−112 000	127 000
Financial Income	4 871 000	1 612 000	450 000	0
Financial Costs	10 000	21 000	33 000	23 000
Financial Balance	4 861 000	1 591 000	417 000	−23 000
Earnings Before Tax	4 510 000	1 308 000	304 000	105 000
Tax	−79 000	−16 000	22 000	23 000
Net Income	4 589 000	1 324 000	282 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 103 000	3 658 000	3 681 000	3 704 000
Total Current Assets	5 066 000	1 052 000	1 788 000	1 372 000
Total Assets	13 169 000	4 710 000	5 468 000	5 076 000
Total Retained Equity	3 699 000	3 803 000	3 780 000	3 547 000
Total Equity	3 849 000	3 953 000	3 930 000	3 697 000
Total Long-Term Debt	227 000	231 000	244 000	241 000
Total Current Debt	9 093 000	526 000	1 295 000	1 138 000
Total Equity and Debt	13 169 000	4 710 000	5 468 000	5 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−18 000	2 380 000	20 000	651 000
Other Income	0	0	0	92 000
Revenue	−18 000	2 380 000	20 000	743 000
Cost of Goods Sold	0	0	15 000	193 000
Salary Costs	0	0	0	0
Depreciation	32 000	23 000	23 000	79 000
Impairment	0	0	0	0
Expenditure	333 000	468 000	133 000	616 000
Operating Profit	−351 000	−282 000	−112 000	127 000
Financial Income	4 871 000	1 612 000	450 000	0
Financial Costs	10 000	21 000	33 000	23 000
Financial Balance	4 861 000	1 591 000	417 000	−23 000
Dividends	0	0	0	300 000
Net Income	4 589 000	1 324 000	282 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	101 000	0	0	0
Fixtures	153 000	176 000	199 000	222 000
Total Tangible Assets	254 000	176 000	199 000	222 000
Total Fiancial Fixed Assets	7 774 000	3 481 000	3 481 000	3 481 000
Total Fixed Assets	8 103 000	3 658 000	3 681 000	3 704 000
Stock	389 000	369 000	1 303 000	1 314 000
Total Investments	0	0	0	0
Cash, Bank	131 000	129 000	0	0
Total Current Assets	5 066 000	1 052 000	1 788 000	1 372 000
Total Assets	13 169 000	4 710 000	5 468 000	5 076 000
Total Equity	3 849 000	3 953 000	3 930 000	3 697 000
Short-Term Group Debt	8 763 000	494 000	927 000	580 000
Total Long-Term Debt	227 000	231 000	244 000	241 000
Creditors	319 000	19 000	6 000	24 000
Unpaid Taxes	0	3 000	0	0
Dividends	0	0	0	300 000
Other Current Debt	11 000	10 000	0	0
Total Current Debt	9 093 000	526 000	1 295 000	1 138 000
Total Equity and Debt	13 169 000	4 710 000	5 468 000	5 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,23 %	33,49 %	7,18 %	2,22 %
Debt-to-Equity Ratio	0,06	0,06	0,06	0,07
Operating Profit Margin	1 950 %	−11,85 %	−560 %	17,09 %
Current Ratio	0,56	2	1,38	1,21
Quick Ratio	0,58	6,7	−223,5	−7,8
Equity Ratio	0,29	0,84	0,72	0,73
Gross Profit Margin	100 %	100 %	25 %	74,02 %