KINVER AS

0160 OSLO

Finances

Return on Equity

−9,01 %

Current Ratio

4,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 160 000	18 593 000	16 602 000	14 636 000
Net Income	−3 406 000	2 412 000	4 605 000	−4 080 000
Total Assets	42 478 000	26 488 000	18 271 000	13 478 000
Total Equity	37 810 000	23 691 000	14 499 000	6 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 160 000	18 593 000	16 602 000	14 636 000
Expenditure	23 955 000	15 477 000	10 705 000	19 799 000
Operating Profit	−4 795 000	3 117 000	5 897 000	−5 162 000
Financial Income	362 000	26 000	2 000	10 000
Financial Costs	30 000	64 000	42 000	78 000
Financial Balance	332 000	−38 000	−40 000	−68 000
Earnings Before Tax	−4 463 000	3 079 000	5 857 000	−5 230 000
Tax	−1 057 000	667 000	1 251 000	−1 151 000
Net Income	−3 406 000	2 412 000	4 605 000	−4 080 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 295 000	19 041 000	12 116 000	10 120 000
Total Current Assets	22 183 000	7 447 000	6 155 000	3 358 000
Total Assets	42 478 000	26 488 000	18 271 000	13 478 000
Total Retained Equity	2 186 000	7 012 000	4 600 000	0
Total Equity	37 810 000	23 691 000	14 499 000	6 899 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 668 000	2 797 000	3 772 000	6 579 000
Total Equity and Debt	42 478 000	26 488 000	18 271 000	13 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 590 000	18 466 000	15 938 000	14 468 000
Other Income	−430 000	128 000	663 000	168 000
Revenue	19 160 000	18 593 000	16 602 000	14 636 000
Cost of Goods Sold	0	0	0	42 000
Salary Costs	14 593 000	9 600 000	7 132 000	12 488 000
Depreciation	1 123 000	572 000	0	0
Impairment	0	0	0	0
Expenditure	23 955 000	15 477 000	10 705 000	19 799 000
Operating Profit	−4 795 000	3 117 000	5 897 000	−5 162 000
Financial Income	362 000	26 000	2 000	10 000
Financial Costs	30 000	64 000	42 000	78 000
Financial Balance	332 000	−38 000	−40 000	−68 000
Dividends	0	0	0	0
Net Income	−3 406 000	2 412 000	4 605 000	−4 080 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 461 000	9 379 000	7 920 000	5 924 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	358 000	0	0
Total Tangible Assets	276 000	358 000	0	0
Total Fiancial Fixed Assets	8 558 000	9 304 000	4 196 000	4 196 000
Total Fixed Assets	20 295 000	19 041 000	12 116 000	10 120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 274 000	3 372 000	1 897 000	439 000
Total Current Assets	22 183 000	7 447 000	6 155 000	3 358 000
Total Assets	42 478 000	26 488 000	18 271 000	13 478 000
Total Equity	37 810 000	23 691 000	14 499 000	6 899 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	671 000	554 000	1 729 000	743 000
Unpaid Taxes	1 741 000	969 000	720 000	1 300 000
Dividends	0	0	0	0
Other Current Debt	2 255 000	1 274 000	1 323 000	2 990 000
Total Current Debt	4 668 000	2 797 000	3 772 000	6 579 000
Total Equity and Debt	42 478 000	26 488 000	18 271 000	13 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,01 %	10,18 %	31,76 %	−59,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,03 %	16,76 %	35,52 %	−35,27 %
Current Ratio	4,75	2,66	1,63	0,51
Quick Ratio	4,75	2,66	1,63	0,51
Equity Ratio	0,89	0,89	0,79	0,51
Gross Profit Margin	100 %	100 %	100 %	99,71 %