KENNETH BARNETØY AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

44,5 %

Current Ratio

3,95

Debt-to-Equity Ratio

5,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 377 000	6 503 000	5 517 000	5 400 000
Net Income	275 000	315 000	214 000	144 000
Total Assets	5 353 000	4 385 000	4 075 000	4 068 000
Total Equity	618 000	633 000	661 000	652 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 377 000	6 503 000	5 517 000	5 400 000
Expenditure	5 919 000	5 999 000	5 151 000	5 098 000
Operating Profit	459 000	503 000	367 000	302 000
Financial Income	0	0	0	1 000
Financial Costs	107 000	99 000	93 000	118 000
Financial Balance	−107 000	−99 000	−93 000	−117 000
Earnings Before Tax	352 000	404 000	274 000	185 000
Tax	78 000	89 000	60 000	41 000
Net Income	275 000	315 000	214 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	460 000	597 000	738 000
Total Current Assets	4 920 000	3 926 000	3 478 000	3 330 000
Total Assets	5 353 000	4 385 000	4 075 000	4 068 000
Total Retained Equity	518 000	533 000	561 000	552 000
Total Equity	618 000	633 000	661 000	652 000
Total Long-Term Debt	3 490 000	2 968 000	2 319 000	2 367 000
Total Current Debt	1 245 000	784 000	1 095 000	1 048 000
Total Equity and Debt	5 353 000	4 385 000	4 075 000	4 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 377 000	6 503 000	5 517 000	5 400 000
Other Income	0	0	0	0
Revenue	6 377 000	6 503 000	5 517 000	5 400 000
Cost of Goods Sold	3 368 000	3 393 000	2 987 000	2 985 000
Salary Costs	1 267 000	1 456 000	1 133 000	1 123 000
Depreciation	145 000	141 000	141 000	141 000
Impairment	0	0	0	0
Expenditure	5 919 000	5 999 000	5 151 000	5 098 000
Operating Profit	459 000	503 000	367 000	302 000
Financial Income	0	0	0	1 000
Financial Costs	107 000	99 000	93 000	118 000
Financial Balance	−107 000	−99 000	−93 000	−117 000
Dividends	0	0	0	0
Net Income	275 000	315 000	214 000	144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	421 000	457 000	597 000	738 000
Total Tangible Assets	421 000	457 000	597 000	738 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	433 000	460 000	597 000	738 000
Stock	4 120 000	2 905 000	2 473 000	2 483 000
Total Investments	0	0	0	0
Cash, Bank	692 000	931 000	917 000	751 000
Total Current Assets	4 920 000	3 926 000	3 478 000	3 330 000
Total Assets	5 353 000	4 385 000	4 075 000	4 068 000
Total Equity	618 000	633 000	661 000	652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 490 000	2 968 000	2 319 000	2 367 000
Creditors	358 000	318 000	451 000	87 000
Unpaid Taxes	223 000	304 000	254 000	224 000
Dividends	0	0	0	0
Other Current Debt	660 000	161 000	389 000	738 000
Total Current Debt	1 245 000	784 000	1 095 000	1 048 000
Total Equity and Debt	5 353 000	4 385 000	4 075 000	4 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,5 %	49,76 %	32,38 %	22,09 %
Debt-to-Equity Ratio	5,65	4,69	3,51	3,63
Operating Profit Margin	7,2 %	7,73 %	6,65 %	5,59 %
Current Ratio	3,95	5,01	3,18	3,18
Quick Ratio	−1,71	−1,85	−2,52	−2,32
Equity Ratio	0,12	0,14	0,16	0,16
Gross Profit Margin	47,19 %	47,82 %	45,86 %	44,72 %