KIKUT UTVIKLING AS

3536 NORESUND

Finances

Share Ownership

Return on Equity

620,47 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 464 000	12 546 000	62 000	49 000
Net Income	7 185 000	2 743 000	984 000	−466 000
Total Assets	9 867 000	23 779 000	31 873 000	30 299 000
Total Equity	1 158 000	526 000	−2 218 000	−3 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 464 000	12 546 000	62 000	49 000
Expenditure	19 431 000	8 739 000	292 000	316 000
Operating Profit	9 033 000	3 807 000	−231 000	−267 000
Financial Income	0	22 000	1 797 000	0
Financial Costs	0	120 000	305 000	330 000
Financial Balance	0	−98 000	1 492 000	−330 000
Earnings Before Tax	9 033 000	3 709 000	1 261 000	−597 000
Tax	1 848 000	966 000	277 000	−131 000
Net Income	7 185 000	2 743 000	984 000	−466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	23 000	1 006 000	1 300 000
Total Current Assets	9 861 000	23 756 000	30 867 000	28 998 000
Total Assets	9 867 000	23 779 000	31 873 000	30 299 000
Total Retained Equity	−2 142 000	−2 774 000	−5 518 000	−6 501 000
Total Equity	1 158 000	526 000	−2 218 000	−3 201 000
Total Long-Term Debt	0	0	6 850 000	6 787 000
Total Current Debt	8 708 000	23 253 000	27 240 000	26 713 000
Total Equity and Debt	9 867 000	23 779 000	31 873 000	30 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 069 000	12 300 000	0	0
Other Income	395 000	246 000	62 000	49 000
Revenue	28 464 000	12 546 000	62 000	49 000
Cost of Goods Sold	16 950 000	8 163 000	0	0
Salary Costs	0	342 000	0	0
Depreciation	17 000	17 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	19 431 000	8 739 000	292 000	316 000
Operating Profit	9 033 000	3 807 000	−231 000	−267 000
Financial Income	0	22 000	1 797 000	0
Financial Costs	0	120 000	305 000	330 000
Financial Balance	0	−98 000	1 492 000	−330 000
Dividends	0	0	0	0
Net Income	7 185 000	2 743 000	984 000	−466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	966 000	1 243 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 000	23 000	40 000	57 000
Fixtures	0	0	0	0
Total Tangible Assets	6 000	23 000	40 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	23 000	1 006 000	1 300 000
Stock	0	18 454 000	26 607 000	26 613 000
Total Investments	0	0	0	0
Cash, Bank	155 000	822 000	31 000	40 000
Total Current Assets	9 861 000	23 756 000	30 867 000	28 998 000
Total Assets	9 867 000	23 779 000	31 873 000	30 299 000
Total Equity	1 158 000	526 000	−2 218 000	−3 201 000
Short-Term Group Debt	8 400 000	0	3 799 000	3 125 000
Total Long-Term Debt	0	0	6 850 000	6 787 000
Creditors	276 000	157 000	355 000	553 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	95 000	86 000	35 000
Total Current Debt	8 708 000	23 253 000	27 240 000	26 713 000
Total Equity and Debt	9 867 000	23 779 000	31 873 000	30 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	620,47 %	521,48 %	−44,36 %	14,56 %
Debt-to-Equity Ratio	0	0	−3,09	−2,12
Operating Profit Margin	31,73 %	30,34 %	−372,58 %	−544,9 %
Current Ratio	1,13	1,02	1,13	1,09
Quick Ratio	1,13	4,95	48,76	289,98
Equity Ratio	0,12	0,02	−0,07	−0,11
Gross Profit Margin	40,45 %	34,94 %	100 %	100 %