KIRKENES ELEKTRO AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

−4,18 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 605 000	1 718 000	2 108 000	1 763 000
Net Income	−40 000	−14 000	67 000	42 000
Total Assets	1 531 000	1 235 000	1 582 000	1 265 000
Total Equity	958 000	998 000	1 012 000	945 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 605 000	1 718 000	2 108 000	1 763 000
Expenditure	1 638 000	1 735 000	2 043 000	1 727 000
Operating Profit	−33 000	−17 000	64 000	36 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	10 000	0	0	0
Financial Balance	−7 000	3 000	3 000	3 000
Earnings Before Tax	−40 000	−14 000	67 000	39 000
Tax	0	0	0	−3 000
Net Income	−40 000	−14 000	67 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	0	0	0
Total Current Assets	1 340 000	1 235 000	1 582 000	1 265 000
Total Assets	1 531 000	1 235 000	1 582 000	1 265 000
Total Retained Equity	858 000	898 000	912 000	845 000
Total Equity	958 000	998 000	1 012 000	945 000
Total Long-Term Debt	118 000	0	0	0
Total Current Debt	455 000	238 000	570 000	320 000
Total Equity and Debt	1 531 000	1 235 000	1 582 000	1 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 605 000	1 678 000	2 102 000	1 748 000
Other Income	0	40 000	5 000	16 000
Revenue	1 605 000	1 718 000	2 108 000	1 763 000
Cost of Goods Sold	440 000	570 000	606 000	550 000
Salary Costs	917 000	889 000	1 149 000	869 000
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 638 000	1 735 000	2 043 000	1 727 000
Operating Profit	−33 000	−17 000	64 000	36 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	10 000	0	0	0
Financial Balance	−7 000	3 000	3 000	3 000
Dividends	0	0	0	0
Net Income	−40 000	−14 000	67 000	42 000

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	191 000	0	0	0
Total Tangible Assets	191 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	191 000	0	0	0
Stock	48 000	47 000	38 000	37 000
Total Investments	0	0	0	0
Cash, Bank	941 000	1 144 000	1 245 000	1 081 000
Total Current Assets	1 340 000	1 235 000	1 582 000	1 265 000
Total Assets	1 531 000	1 235 000	1 582 000	1 265 000
Total Equity	958 000	998 000	1 012 000	945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	0	0	0
Creditors	81 000	30 000	84 000	22 000
Unpaid Taxes	127 000	76 000	159 000	76 000
Dividends	0	0	0	0
Other Current Debt	248 000	131 000	328 000	222 000
Total Current Debt	455 000	238 000	570 000	320 000
Total Equity and Debt	1 531 000	1 235 000	1 582 000	1 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,18 %	−1,4 %	6,62 %	4,44 %
Debt-to-Equity Ratio	0,12	0	0	0
Operating Profit Margin	−2,06 %	−0,99 %	3,04 %	2,04 %
Current Ratio	2,95	5,19	2,78	3,95
Quick Ratio	3,29	6,47	2,97	4,47
Equity Ratio	0,63	0,81	0,64	0,75
Gross Profit Margin	72,59 %	66,82 %	71,25 %	68,8 %