KB MANAGEMENT AS

1368 STABEKK

Finances

Return on Equity

48,32 %

Current Ratio

5,87

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 000 000	0	17 890 000	8 498 000
Net Income	31 266 000	59 085 000	3 374 000	−488 000
Total Assets	73 051 000	71 394 000	18 135 000	31 528 000
Total Equity	64 701 000	60 538 000	7 919 000	4 545 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 000 000	0	17 890 000	8 498 000
Expenditure	12 091 000	5 510 000	19 668 000	11 762 000
Operating Profit	−10 092 000	−5 510 000	−1 778 000	−3 264 000
Financial Income	44 360 000	65 878 000	6 409 000	1 980 000
Financial Costs	1 097 000	1 801 000	1 420 000	−221 000
Financial Balance	43 263 000	64 077 000	4 989 000	2 201 000
Earnings Before Tax	33 172 000	58 566 000	3 211 000	−1 063 000
Tax	1 906 000	−519 000	−162 000	−576 000
Net Income	31 266 000	59 085 000	3 374 000	−488 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 409 000	14 106 000	11 312 000	8 861 000
Total Current Assets	48 642 000	57 288 000	6 823 000	22 666 000
Total Assets	73 051 000	71 394 000	18 135 000	31 528 000
Total Retained Equity	64 601 000	60 438 000	7 819 000	4 445 000
Total Equity	64 701 000	60 538 000	7 919 000	4 545 000
Total Long-Term Debt	65 000	2 117 000	4 879 000	16 488 000
Total Current Debt	8 285 000	8 739 000	5 338 000	10 494 000
Total Equity and Debt	73 051 000	71 394 000	18 135 000	31 528 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 000 000	0	60 000	65 000
Other Income	0	0	17 830 000	8 433 000
Revenue	2 000 000	0	17 890 000	8 498 000
Cost of Goods Sold	0	0	17 772 000	8 501 000
Salary Costs	1 467 000	240 000	170 000	615 000
Depreciation	22 000	0	64 000	154 000
Impairment	0	0	0	0
Expenditure	12 091 000	5 510 000	19 668 000	11 762 000
Operating Profit	−10 092 000	−5 510 000	−1 778 000	−3 264 000
Financial Income	44 360 000	65 878 000	6 409 000	1 980 000
Financial Costs	1 097 000	1 801 000	1 420 000	−221 000
Financial Balance	43 263 000	64 077 000	4 989 000	2 201 000
Dividends	27 103 000	6 466 000	0	0
Net Income	31 266 000	59 085 000	3 374 000	−488 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	1 906 000	1 387 000	1 225 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	0	0	64 000
Total Tangible Assets	57 000	0	0	64 000
Total Fiancial Fixed Assets	24 353 000	12 199 000	9 925 000	7 572 000
Total Fixed Assets	24 409 000	14 106 000	11 312 000	8 861 000
Stock	3 415 000	0	0	17 002 000
Total Investments	19 827 000	0	0	720 000
Cash, Bank	11 671 000	43 344 000	1 512 000	1 716 000
Total Current Assets	48 642 000	57 288 000	6 823 000	22 666 000
Total Assets	73 051 000	71 394 000	18 135 000	31 528 000
Total Equity	64 701 000	60 538 000	7 919 000	4 545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	2 117 000	4 879 000	16 488 000
Creditors	0	462 000	680 000	1 120 000
Unpaid Taxes	138 000	25 000	26 000	101 000
Dividends	27 103 000	6 466 000	0	0
Other Current Debt	147 000	1 786 000	4 664 000	9 290 000
Total Current Debt	8 285 000	8 739 000	5 338 000	10 494 000
Total Equity and Debt	73 051 000	71 394 000	18 135 000	31 528 000

Financial indicators	2021	2020	2019	2018
Return on Equity	48,32 %	97,6 %	42,61 %	−10,74 %
Debt-to-Equity Ratio	0	0,03	0,62	3,63
Operating Profit Margin	−504,6 %	-	−9,94 %	−38,41 %
Current Ratio	5,87	6,56	1,28	2,16
Quick Ratio	9,99	6,56	1,28	−3,48
Equity Ratio	0,89	0,85	0,44	0,14
Gross Profit Margin	100 %	-	0,66 %	−0,04 %