KJETIL BAKKAS EFTF AS

3650 TINN AUSTBYGD

Finances

Return on Equity

1,9 %

Current Ratio

3,9

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 326 000	1 116 000	1 308 000	1 126 000
Net Income	50 000	−47 000	267 000	94 000
Total Assets	3 316 000	3 400 000	3 707 000	3 101 000
Total Equity	2 625 000	2 575 000	2 622 000	2 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 326 000	1 116 000	1 308 000	1 126 000
Expenditure	1 289 000	1 190 000	983 000	1 038 000
Operating Profit	37 000	−74 000	324 000	90 000
Financial Income	36 000	25 000	36 000	40 000
Financial Costs	8 000	11 000	17 000	10 000
Financial Balance	28 000	14 000	19 000	30 000
Earnings Before Tax	65 000	−60 000	343 000	120 000
Tax	14 000	−13 000	75 000	26 000
Net Income	50 000	−47 000	267 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 234 000	1 327 000	1 488 000	994 000
Total Current Assets	2 082 000	2 073 000	2 219 000	2 107 000
Total Assets	3 316 000	3 400 000	3 707 000	3 101 000
Total Retained Equity	2 525 000	2 475 000	2 522 000	2 254 000
Total Equity	2 625 000	2 575 000	2 622 000	2 354 000
Total Long-Term Debt	156 000	304 000	526 000	244 000
Total Current Debt	534 000	521 000	560 000	503 000
Total Equity and Debt	3 316 000	3 400 000	3 707 000	3 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 261 000	1 101 000	953 000	996 000
Other Income	65 000	15 000	355 000	131 000
Revenue	1 326 000	1 116 000	1 308 000	1 126 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	755 000	727 000	481 000	658 000
Depreciation	165 000	161 000	153 000	109 000
Impairment	0	0	0	0
Expenditure	1 289 000	1 190 000	983 000	1 038 000
Operating Profit	37 000	−74 000	324 000	90 000
Financial Income	36 000	25 000	36 000	40 000
Financial Costs	8 000	11 000	17 000	10 000
Financial Balance	28 000	14 000	19 000	30 000
Dividends	0	0	0	0
Net Income	50 000	−47 000	267 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	827 000	840 000	854 000	875 000
Machinery and Plant Facilities	401 000	481 000	629 000	114 000
Fixtures	0	0	0	0
Total Tangible Assets	1 228 000	1 321 000	1 483 000	988 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 234 000	1 327 000	1 488 000	994 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 895 000	2 053 000	1 996 000	1 951 000
Total Current Assets	2 082 000	2 073 000	2 219 000	2 107 000
Total Assets	3 316 000	3 400 000	3 707 000	3 101 000
Total Equity	2 625 000	2 575 000	2 622 000	2 354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	156 000	304 000	526 000	244 000
Creditors	12 000	8 000	7 000	10 000
Unpaid Taxes	103 000	74 000	116 000	61 000
Dividends	0	0	0	0
Other Current Debt	384 000	432 000	404 000	379 000
Total Current Debt	534 000	521 000	560 000	503 000
Total Equity and Debt	3 316 000	3 400 000	3 707 000	3 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,9 %	−1,83 %	10,18 %	3,99 %
Debt-to-Equity Ratio	0,06	0,12	0,2	0,1
Operating Profit Margin	2,79 %	−6,63 %	24,77 %	7,99 %
Current Ratio	3,9	3,98	3,96	4,19
Quick Ratio	3,9	3,98	3,96	4,19
Equity Ratio	0,79	0,76	0,71	0,76
Gross Profit Margin	99,47 %	100 %	100 %	100 %