KANALEN AS

3831 ULEFOSS

Finances

Share Ownership

Return on Equity

13,09 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 370 000	3 993 000	3 561 000	3 846 000
Net Income	194 000	307 000	104 000	78 000
Total Assets	3 297 000	2 665 000	2 208 000	2 105 000
Total Equity	1 482 000	1 479 000	1 172 000	1 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 370 000	3 993 000	3 561 000	3 846 000
Expenditure	4 201 000	3 609 000	3 449 000	3 771 000
Operating Profit	169 000	385 000	112 000	75 000
Financial Income	27 000	9 000	21 000	25 000
Financial Costs	0	0	0	0
Financial Balance	27 000	9 000	21 000	25 000
Earnings Before Tax	195 000	394 000	133 000	100 000
Tax	1 000	87 000	29 000	22 000
Net Income	194 000	307 000	104 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	115 000	33 000	49 000
Total Current Assets	3 135 000	2 551 000	2 175 000	2 056 000
Total Assets	3 297 000	2 665 000	2 208 000	2 105 000
Total Retained Equity	1 358 000	1 356 000	1 048 000	945 000
Total Equity	1 482 000	1 479 000	1 172 000	1 068 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 815 000	1 186 000	1 037 000	1 036 000
Total Equity and Debt	3 297 000	2 665 000	2 208 000	2 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 370 000	3 993 000	3 561 000	3 846 000
Other Income	0	0	0	0
Revenue	4 370 000	3 993 000	3 561 000	3 846 000
Cost of Goods Sold	1 220 000	964 000	966 000	1 199 000
Salary Costs	2 228 000	2 033 000	1 982 000	1 933 000
Depreciation	26 000	30 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	4 201 000	3 609 000	3 449 000	3 771 000
Operating Profit	169 000	385 000	112 000	75 000
Financial Income	27 000	9 000	21 000	25 000
Financial Costs	0	0	0	0
Financial Balance	27 000	9 000	21 000	25 000
Dividends	0	0	0	0
Net Income	194 000	307 000	104 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	17 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	105 000	17 000	33 000
Total Tangible Assets	79 000	105 000	17 000	33 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	163 000	115 000	33 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 044 000	2 441 000	2 073 000	1 929 000
Total Current Assets	3 135 000	2 551 000	2 175 000	2 056 000
Total Assets	3 297 000	2 665 000	2 208 000	2 105 000
Total Equity	1 482 000	1 479 000	1 172 000	1 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	217 000	125 000	100 000	99 000
Unpaid Taxes	142 000	163 000	135 000	145 000
Dividends	0	0	0	0
Other Current Debt	1 457 000	819 000	771 000	770 000
Total Current Debt	1 815 000	1 186 000	1 037 000	1 036 000
Total Equity and Debt	3 297 000	2 665 000	2 208 000	2 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,09 %	20,76 %	8,87 %	7,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,87 %	9,64 %	3,15 %	1,95 %
Current Ratio	1,73	2,15	2,1	1,98
Quick Ratio	1,73	2,15	2,1	1,98
Equity Ratio	0,45	0,55	0,53	0,51
Gross Profit Margin	72,08 %	75,86 %	72,87 %	68,82 %