KANNELES AS

8900 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

−1,49 %

Current Ratio

18,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 000	25 000	176 000	16 000
Net Income	−5 000	−53 000	−16 000	−539 000
Total Assets	355 000	454 000	760 000	1 034 000
Total Equity	336 000	441 000	724 000	951 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 000	25 000	176 000	16 000
Expenditure	51 000	78 000	192 000	593 000
Operating Profit	−5 000	−53 000	−17 000	−577 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−5 000	−53 000	−16 000	−576 000
Tax	0	0	0	−38 000
Net Income	−5 000	−53 000	−16 000	−539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	66 000	97 000	60 000
Total Current Assets	355 000	388 000	663 000	974 000
Total Assets	355 000	454 000	760 000	1 034 000
Total Retained Equity	51 000	156 000	439 000	666 000
Total Equity	336 000	441 000	724 000	951 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	13 000	35 000	83 000
Total Equity and Debt	355 000	454 000	760 000	1 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	25 000	24 000	0
Other Income	22 000	0	152 000	16 000
Revenue	46 000	25 000	176 000	16 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	64 000	462 000
Depreciation	8 000	30 000	38 000	35 000
Impairment	0	0	0	0
Expenditure	51 000	78 000	192 000	593 000
Operating Profit	−5 000	−53 000	−17 000	−577 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	100 000	230 000	210 000	150 000
Net Income	−5 000	−53 000	−16 000	−539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	66 000	97 000	60 000
Total Tangible Assets	0	66 000	97 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	66 000	97 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	318 000	378 000	582 000	953 000
Total Current Assets	355 000	388 000	663 000	974 000
Total Assets	355 000	454 000	760 000	1 034 000
Total Equity	336 000	441 000	724 000	951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	6 000	−12 000	8 000
Unpaid Taxes	0	0	41 000	35 000
Dividends	100 000	230 000	210 000	150 000
Other Current Debt	7 000	7 000	7 000	41 000
Total Current Debt	19 000	13 000	35 000	83 000
Total Equity and Debt	355 000	454 000	760 000	1 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,49 %	−12,02 %	−2,21 %	−56,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,87 %	−212 %	−9,66 %	−3 606,25 %
Current Ratio	18,68	29,85	18,94	11,73
Quick Ratio	18,68	29,85	18,94	11,73
Equity Ratio	0,95	0,97	0,95	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %