KINECT ENERGY GREEN SERVICES AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

−76,58 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 279 979 000	664 841 000	400 429 000	586 066 000
Net Income	−13 722 000	698 000	13 027 000	19 465 000
Total Assets	621 906 000	211 598 000	66 468 000	123 768 000
Total Equity	17 919 000	20 510 000	10 677 000	10 696 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 279 979 000	664 841 000	400 429 000	586 066 000
Expenditure	1 313 300 000	662 846 000	377 386 000	561 181 000
Operating Profit	−33 321 000	1 995 000	23 043 000	24 884 000
Financial Income	58 142 000	8 483 000	14 413 000	5 793 000
Financial Costs	42 413 000	9 584 000	20 754 000	5 722 000
Financial Balance	15 729 000	−1 101 000	−6 341 000	71 000
Earnings Before Tax	−17 592 000	895 000	16 702 000	24 955 000
Tax	−3 870 000	197 000	3 674 000	5 490 000
Net Income	−13 722 000	698 000	13 027 000	19 465 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	783 000	52 000	5 000	0
Total Current Assets	621 124 000	211 546 000	66 464 000	123 768 000
Total Assets	621 906 000	211 598 000	66 468 000	123 768 000
Total Retained Equity	0	758 000	925 000	945 000
Total Equity	17 919 000	20 510 000	10 677 000	10 696 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	603 988 000	191 088 000	55 791 000	113 071 000
Total Equity and Debt	621 906 000	211 598 000	66 468 000	123 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 279 979 000	661 200 000	400 429 000	586 066 000
Other Income	0	3 641 000	0	0
Revenue	1 279 979 000	664 841 000	400 429 000	586 066 000
Cost of Goods Sold	1 222 886 000	616 960 000	362 042 000	542 812 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 313 300 000	662 846 000	377 386 000	561 181 000
Operating Profit	−33 321 000	1 995 000	23 043 000	24 884 000
Financial Income	58 142 000	8 483 000	14 413 000	5 793 000
Financial Costs	42 413 000	9 584 000	20 754 000	5 722 000
Financial Balance	15 729 000	−1 101 000	−6 341 000	71 000
Dividends	0	0	0	0
Net Income	−13 722 000	698 000	13 027 000	19 465 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	783 000	52 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	783 000	52 000	5 000	0
Stock	37 574 000	37 667 000	547 000	438 000
Total Investments	0	0	0	0
Cash, Bank	376 000	750 000	811 000	254 000
Total Current Assets	621 124 000	211 546 000	66 464 000	123 768 000
Total Assets	621 906 000	211 598 000	66 468 000	123 768 000
Total Equity	17 919 000	20 510 000	10 677 000	10 696 000
Short-Term Group Debt	68 888 000	39 309 000	16 726 000	26 801 000
Total Long-Term Debt	0	0	0	1 000
Creditors	114 385 000	62 865 000	7 908 000	25 568 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	420 714 000	88 914 000	31 157 000	60 701 000
Total Current Debt	603 988 000	191 088 000	55 791 000	113 071 000
Total Equity and Debt	621 906 000	211 598 000	66 468 000	123 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,58 %	3,4 %	122,01 %	181,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,6 %	0,3 %	5,75 %	4,25 %
Current Ratio	1,03	1,11	1,19	1,09
Quick Ratio	1,1	1,38	1,2	1,1
Equity Ratio	0,03	0,1	0,16	0,09
Gross Profit Margin	4,46 %	7,2 %	9,59 %	7,38 %