KINECT ENERGY SPOT AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

−213,74 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 295 958 000	1 825 690 000	474 115 000	971 561 000
Net Income	−30 170 000	−558 000	20 274 000	4 919 000
Total Assets	1 204 373 000	552 478 000	150 676 000	261 197 000
Total Equity	14 115 000	44 285 000	11 037 000	11 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 295 958 000	1 825 690 000	474 115 000	971 561 000
Expenditure	6 275 857 000	1 818 494 000	439 954 000	953 432 000
Operating Profit	20 102 000	7 196 000	34 160 000	18 129 000
Financial Income	15 145 000	2 983 000	1 699 000	5 736 000
Financial Costs	73 927 000	10 894 000	9 866 000	17 569 000
Financial Balance	−58 782 000	−7 911 000	−8 167 000	−11 833 000
Earnings Before Tax	−38 680 000	−715 000	25 993 000	6 296 000
Tax	−8 510 000	−157 000	5 718 000	1 376 000
Net Income	−30 170 000	−558 000	20 274 000	4 919 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 724 000	215 000	3 000	0
Total Current Assets	1 195 649 000	552 263 000	150 673 000	261 197 000
Total Assets	1 204 373 000	552 478 000	150 676 000	261 197 000
Total Retained Equity	0	0	636 000	644 000
Total Equity	14 115 000	44 285 000	11 037 000	11 045 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 190 258 000	508 193 000	139 639 000	250 152 000
Total Equity and Debt	1 204 373 000	552 478 000	150 676 000	261 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 295 958 000	1 825 690 000	474 115 000	971 561 000
Other Income	0	0	0	0
Revenue	6 295 958 000	1 825 690 000	474 115 000	971 561 000
Cost of Goods Sold	6 211 360 000	1 773 904 000	425 317 000	939 613 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 275 857 000	1 818 494 000	439 954 000	953 432 000
Operating Profit	20 102 000	7 196 000	34 160 000	18 129 000
Financial Income	15 145 000	2 983 000	1 699 000	5 736 000
Financial Costs	73 927 000	10 894 000	9 866 000	17 569 000
Financial Balance	−58 782 000	−7 911 000	−8 167 000	−11 833 000
Dividends	0	0	0	0
Net Income	−30 170 000	−558 000	20 274 000	4 919 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 724 000	215 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 724 000	215 000	3 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	232 961 000	83 770 000	4 768 000	21 884 000
Total Current Assets	1 195 649 000	552 263 000	150 673 000	261 197 000
Total Assets	1 204 373 000	552 478 000	150 676 000	261 197 000
Total Equity	14 115 000	44 285 000	11 037 000	11 045 000
Short-Term Group Debt	1 064 022 000	371 076 000	59 481 000	124 321 000
Total Long-Term Debt	0	0	0	0
Creditors	44 246 000	70 149 000	18 118 000	49 809 000
Unpaid Taxes	0	0	0	1 118 000
Dividends	0	0	0	0
Other Current Debt	81 990 000	66 968 000	62 040 000	74 904 000
Total Current Debt	1 190 258 000	508 193 000	139 639 000	250 152 000
Total Equity and Debt	1 204 373 000	552 478 000	150 676 000	261 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−213,74 %	−1,26 %	183,69 %	44,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,32 %	0,39 %	7,21 %	1,87 %
Current Ratio	1	1,09	1,08	1,04
Quick Ratio	1	1,09	1,08	1,04
Equity Ratio	0,01	0,08	0,07	0,04
Gross Profit Margin	1,34 %	2,84 %	10,29 %	3,29 %