KIWANIS INTERNATIONAL DISTRICT NORDEN

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

−19,37 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	2 196 000	2 449 000	1 792 000	1 423 000
Net Income	−105 000	115 000	−67 000	−46 000
Total Assets	916 000	1 272 000	1 718 000	826 000
Total Equity	542 000	647 000	532 000	735 000

Income (NOK)	2023	2022	2021	2020
Revenue	2 196 000	2 449 000	1 792 000	1 423 000
Expenditure	2 284 000	2 336 000	1 860 000	1 467 000
Operating Profit	−87 000	113 000	−67 000	−44 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	18 000	1 000	0	2 000
Financial Balance	−18 000	2 000	1 000	−1 000
Earnings Before Tax	−105 000	115 000	−67 000	−46 000
Tax	0	0	0	0
Net Income	−105 000	115 000	−67 000	−46 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	6 000	4 000	4 000	5 000
Total Current Assets	910 000	1 269 000	1 713 000	821 000
Total Assets	916 000	1 272 000	1 718 000	826 000
Total Retained Equity	542 000	647 000	532 000	735 000
Total Equity	542 000	647 000	532 000	735 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	374 000	625 000	1 186 000	91 000
Total Equity and Debt	916 000	1 272 000	1 718 000	826 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	2 196 000	2 449 000	1 792 000	369 000
Other Income	0	0	0	1 055 000
Revenue	2 196 000	2 449 000	1 792 000	1 423 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 284 000	2 336 000	1 860 000	1 467 000
Operating Profit	−87 000	113 000	−67 000	−44 000
Financial Income	0	3 000	1 000	1 000
Financial Costs	18 000	1 000	0	2 000
Financial Balance	−18 000	2 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−105 000	115 000	−67 000	−46 000

Balance details (NOK)	2023	2022	2021	2020
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	6 000	4 000	4 000	5 000
Total Tangible Assets	6 000	4 000	4 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	4 000	4 000	5 000
Stock	0	90 000	97 000	76 000
Total Investments	0	0	0	0
Cash, Bank	838 000	1 175 000	1 615 000	719 000
Total Current Assets	910 000	1 269 000	1 713 000	821 000
Total Assets	916 000	1 272 000	1 718 000	826 000
Total Equity	542 000	647 000	532 000	735 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	87 000	350 000	439 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	287 000	276 000	747 000	71 000
Total Current Debt	374 000	625 000	1 186 000	91 000
Total Equity and Debt	916 000	1 272 000	1 718 000	826 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−19,37 %	17,77 %	−12,59 %	−6,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,96 %	4,61 %	−3,74 %	−3,09 %
Current Ratio	2,43	2,03	1,44	9,02
Quick Ratio	2,43	2,37	1,57	54,73
Equity Ratio	0,59	0,51	0,31	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %