KUNSTGRESS-SERVICE AS

4635 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

30,69 %

Current Ratio

5,07

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 894 000	1 953 000	1 624 000	2 103 000
Net Income	306 000	170 000	−85 000	40 000
Total Assets	1 227 000	1 510 000	1 003 000	1 307 000
Total Equity	997 000	691 000	651 000	1 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 894 000	1 953 000	1 624 000	2 103 000
Expenditure	1 501 000	1 733 000	1 733 000	2 052 000
Operating Profit	392 000	219 000	−108 000	51 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	392 000	219 000	−108 000	52 000
Tax	86 000	49 000	−23 000	11 000
Net Income	306 000	170 000	−85 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	170 000	4 000	10 000
Total Current Assets	1 120 000	1 340 000	999 000	1 298 000
Total Assets	1 227 000	1 510 000	1 003 000	1 307 000
Total Retained Equity	827 000	521 000	481 000	907 000
Total Equity	997 000	691 000	651 000	1 077 000
Total Long-Term Debt	9 000	17 000	16 000	20 000
Total Current Debt	221 000	802 000	336 000	211 000
Total Equity and Debt	1 227 000	1 510 000	1 003 000	1 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 838 000	1 953 000	1 624 000	2 103 000
Other Income	56 000	0	0	0
Revenue	1 894 000	1 953 000	1 624 000	2 103 000
Cost of Goods Sold	1 201 000	1 263 000	1 235 000	1 708 000
Salary Costs	10 000	122 000	138 000	117 000
Depreciation	64 000	21 000	0	0
Impairment	0	0	0	0
Expenditure	1 501 000	1 733 000	1 733 000	2 052 000
Operating Profit	392 000	219 000	−108 000	51 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	1 000
Dividends	0	130 000	200 000	0
Net Income	306 000	170 000	−85 000	40 000

Balance details (NOK)	2022	2021	2020	2019
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	106 000	170 000	0	0
Total Tangible Assets	106 000	170 000	0	0
Total Fiancial Fixed Assets	0	0	4 000	10 000
Total Fixed Assets	106 000	170 000	4 000	10 000
Stock	300 000	120 000	192 000	40 000
Total Investments	0	0	0	0
Cash, Bank	672 000	705 000	478 000	1 001 000
Total Current Assets	1 120 000	1 340 000	999 000	1 298 000
Total Assets	1 227 000	1 510 000	1 003 000	1 307 000
Total Equity	997 000	691 000	651 000	1 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	17 000	16 000	20 000
Creditors	28 000	486 000	50 000	72 000
Unpaid Taxes	13 000	2 000	9 000	8 000
Dividends	0	130 000	200 000	0
Other Current Debt	84 000	136 000	78 000	115 000
Total Current Debt	221 000	802 000	336 000	211 000
Total Equity and Debt	1 227 000	1 510 000	1 003 000	1 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,69 %	24,6 %	−13,06 %	3,71 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,02
Operating Profit Margin	20,7 %	11,21 %	−6,65 %	2,43 %
Current Ratio	5,07	1,67	2,97	6,15
Quick Ratio	−14,18	1,96	6,94	7,59
Equity Ratio	0,81	0,46	0,65	0,82
Gross Profit Margin	36,59 %	35,33 %	23,95 %	18,78 %