KNIVEÅSEN AS

3044 DRAMMEN

Finances

Return on Equity

−69,16 %

Current Ratio

2,63

Debt-to-Equity Ratio

7,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	0	275 000	272 000
Net Income	−1 911 000	1 035 000	−1 439 000	−824 000
Total Assets	23 732 000	17 719 000	13 696 000	9 254 000
Total Equity	2 763 000	2 795 000	1 760 000	2 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	0	275 000	272 000
Expenditure	2 403 000	1 946 000	1 967 000	1 175 000
Operating Profit	−2 388 000	−1 947 000	−1 692 000	−902 000
Financial Income	737 000	4 687 000	19 000	16 000
Financial Costs	790 000	1 077 000	172 000	150 000
Financial Balance	−53 000	3 610 000	−153 000	−134 000
Earnings Before Tax	−2 442 000	1 664 000	−1 845 000	−1 035 000
Tax	−531 000	628 000	−406 000	−211 000
Net Income	−1 911 000	1 035 000	−1 439 000	−824 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 667 000	17 227 000	11 862 000	7 588 000
Total Current Assets	4 065 000	492 000	1 834 000	1 666 000
Total Assets	23 732 000	17 719 000	13 696 000	9 254 000
Total Retained Equity	2 663 000	2 695 000	1 660 000	0
Total Equity	2 763 000	2 795 000	1 760 000	2 106 000
Total Long-Term Debt	19 426 000	13 412 000	11 363 000	6 000 000
Total Current Debt	1 543 000	1 512 000	574 000	1 147 000
Total Equity and Debt	23 732 000	17 719 000	13 696 000	9 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	0	110 000	107 000
Other Income	0	0	166 000	166 000
Revenue	15 000	0	275 000	272 000
Cost of Goods Sold	39 000	2 000	36 000	106 000
Salary Costs	1 248 000	787 000	873 000	229 000
Depreciation	11 000	10 000	9 000	0
Impairment	0	0	0	0
Expenditure	2 403 000	1 946 000	1 967 000	1 175 000
Operating Profit	−2 388 000	−1 947 000	−1 692 000	−902 000
Financial Income	737 000	4 687 000	19 000	16 000
Financial Costs	790 000	1 077 000	172 000	150 000
Financial Balance	−53 000	3 610 000	−153 000	−134 000
Dividends	0	0	0	0
Net Income	−1 911 000	1 035 000	−1 439 000	−824 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	1 000	304 000	206 000
Real Eastate	4 100 000	4 100 000	4 100 000	4 100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 133 000	4 795 000	2 876 000	1 026 000
Total Tangible Assets	9 233 000	8 906 000	6 998 000	5 126 000
Total Fiancial Fixed Assets	10 432 000	8 320 000	4 560 000	2 255 000
Total Fixed Assets	19 667 000	17 227 000	11 862 000	7 588 000
Stock	0	0	0	0
Total Investments	50 000	0	0	0
Cash, Bank	396 000	152 000	221 000	359 000
Total Current Assets	4 065 000	492 000	1 834 000	1 666 000
Total Assets	23 732 000	17 719 000	13 696 000	9 254 000
Total Equity	2 763 000	2 795 000	1 760 000	2 106 000
Short-Term Group Debt	726 000	760 000	1 000	0
Total Long-Term Debt	19 426 000	13 412 000	11 363 000	6 000 000
Creditors	432 000	444 000	335 000	1 080 000
Unpaid Taxes	219 000	48 000	39 000	37 000
Dividends	0	0	0	0
Other Current Debt	167 000	102 000	198 000	29 000
Total Current Debt	1 543 000	1 512 000	574 000	1 147 000
Total Equity and Debt	23 732 000	17 719 000	13 696 000	9 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,16 %	37,03 %	−81,76 %	−39,13 %
Debt-to-Equity Ratio	7,03	4,8	6,46	2,85
Operating Profit Margin	−15 920 %	-	−615,27 %	−331,62 %
Current Ratio	2,63	0,33	3,2	1,45
Quick Ratio	2,63	0,33	3,2	1,45
Equity Ratio	0,12	0,16	0,13	0,23
Gross Profit Margin	−160 %	-	86,91 %	61,03 %