KURDER KING AS

1389 HEGGEDAL

Finances

Return on Equity

15,14 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 758 000	1 209 000	1 457 000	1 366 000
Net Income	38 000	−91 000	−142 000	−276 000
Total Assets	362 000	235 000	477 000	502 000
Total Equity	251 000	213 000	304 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 758 000	1 209 000	1 457 000	1 366 000
Expenditure	1 718 000	1 327 000	1 599 000	1 641 000
Operating Profit	40 000	−118 000	−142 000	−275 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	−1 000
Earnings Before Tax	38 000	−119 000	−142 000	−276 000
Tax	0	−28 000	0	0
Net Income	38 000	−91 000	−142 000	−276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	46 000	85 000	124 000
Total Current Assets	305 000	190 000	393 000	379 000
Total Assets	362 000	235 000	477 000	502 000
Total Retained Equity	151 000	113 000	204 000	346 000
Total Equity	251 000	213 000	304 000	446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	23 000	174 000	57 000
Total Equity and Debt	362 000	235 000	477 000	502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 727 000	1 209 000	1 451 000	1 362 000
Other Income	31 000	0	6 000	4 000
Revenue	1 758 000	1 209 000	1 457 000	1 366 000
Cost of Goods Sold	31 000	36 000	2 000	13 000
Salary Costs	922 000	885 000	1 111 000	1 041 000
Depreciation	44 000	39 000	39 000	36 000
Impairment	0	0	0	0
Expenditure	1 718 000	1 327 000	1 599 000	1 641 000
Operating Profit	40 000	−118 000	−142 000	−275 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	38 000	−91 000	−142 000	−276 000

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	57 000	46 000	85 000	124 000
Total Tangible Assets	57 000	46 000	85 000	124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	46 000	85 000	124 000
Stock	0	0	0	0
Total Investments	85 000	85 000	85 000	85 000
Cash, Bank	220 000	96 000	268 000	266 000
Total Current Assets	305 000	190 000	393 000	379 000
Total Assets	362 000	235 000	477 000	502 000
Total Equity	251 000	213 000	304 000	446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	−24 000	9 000	−29 000
Unpaid Taxes	101 000	102 000	115 000	36 000
Dividends	0	0	0	0
Other Current Debt	10 000	−55 000	50 000	50 000
Total Current Debt	112 000	23 000	174 000	57 000
Total Equity and Debt	362 000	235 000	477 000	502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,14 %	−42,72 %	−46,71 %	−61,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,28 %	−9,76 %	−9,75 %	−20,13 %
Current Ratio	2,72	8,26	2,26	6,65
Quick Ratio	2,72	8,26	2,26	6,65
Equity Ratio	0,69	0,91	0,64	0,89
Gross Profit Margin	98,24 %	97,02 %	99,86 %	99,05 %