KANALEN INVEST AS

5437 FINNÅS

Finances

Share Ownership

Return on Equity

68,88 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	807 000	767 000	1 104 000	809 000
Net Income	166 000	43 000	44 000	−18 000
Total Assets	540 000	546 000	655 000	527 000
Total Equity	241 000	75 000	32 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	807 000	767 000	1 104 000	809 000
Expenditure	587 000	701 000	1 036 000	807 000
Operating Profit	219 000	66 000	68 000	3 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	11 000	15 000	21 000
Financial Balance	−6 000	−10 000	−15 000	−21 000
Earnings Before Tax	212 000	55 000	53 000	−18 000
Tax	47 000	12 000	10 000	0
Net Income	166 000	43 000	44 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	50 000	50 000
Total Current Assets	490 000	496 000	605 000	477 000
Total Assets	540 000	546 000	655 000	527 000
Total Retained Equity	51 000	−115 000	−158 000	−201 000
Total Equity	241 000	75 000	32 000	−11 000
Total Long-Term Debt	82 000	165 000	245 000	320 000
Total Current Debt	217 000	305 000	378 000	219 000
Total Equity and Debt	540 000	546 000	655 000	527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	702 000	1 045 000	751 000
Other Income	60 000	65 000	59 000	58 000
Revenue	807 000	767 000	1 104 000	809 000
Cost of Goods Sold	432 000	479 000	675 000	510 000
Salary Costs	48 000	110 000	180 000	144 000
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	587 000	701 000	1 036 000	807 000
Operating Profit	219 000	66 000	68 000	3 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	11 000	15 000	21 000
Financial Balance	−6 000	−10 000	−15 000	−21 000
Dividends	0	0	0	0
Net Income	166 000	43 000	44 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	50 000	50 000	50 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	50 000	50 000	50 000
Stock	164 000	176 000	164 000	181 000
Total Investments	0	0	0	0
Cash, Bank	155 000	103 000	379 000	214 000
Total Current Assets	490 000	496 000	605 000	477 000
Total Assets	540 000	546 000	655 000	527 000
Total Equity	241 000	75 000	32 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	165 000	245 000	320 000
Creditors	10 000	115 000	113 000	2 000
Unpaid Taxes	67 000	80 000	135 000	96 000
Dividends	0	0	0	0
Other Current Debt	93 000	99 000	121 000	121 000
Total Current Debt	217 000	305 000	378 000	219 000
Total Equity and Debt	540 000	546 000	655 000	527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,88 %	57,33 %	137,5 %	163,64 %
Debt-to-Equity Ratio	0,34	2,2	7,66	−29,09
Operating Profit Margin	27,14 %	8,6 %	6,16 %	0,37 %
Current Ratio	2,26	1,63	1,6	2,18
Quick Ratio	9,25	3,84	2,83	12,55
Equity Ratio	0,45	0,14	0,05	−0,02
Gross Profit Margin	46,47 %	37,55 %	38,86 %	36,96 %