KEN OLAV PHILLIPS AS

2500 TYNSET

Finances

Return on Equity

9,05 %

Current Ratio

0,74

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2021	2020	2019	2018
Revenue	26 883 000	905 000	6 265 000	8 891 000
Net Income	1 727 000	2 545 000	3 119 000	1 186 000
Total Assets	124 324 000	103 046 000	71 883 000	43 015 000
Total Equity	19 089 000	17 362 000	14 817 000	11 698 000

Income (NOK)	2021	2020	2019	2018
Revenue	26 883 000	905 000	6 265 000	8 891 000
Expenditure	27 222 000	2 015 000	1 127 000	6 926 000
Operating Profit	−340 000	−1 110 000	5 138 000	1 964 000
Financial Income	3 623 000	7 401 000	39 000	9 000
Financial Costs	1 077 000	932 000	1 173 000	423 000
Financial Balance	2 546 000	6 469 000	−1 134 000	−414 000
Earnings Before Tax	2 206 000	5 360 000	4 004 000	1 551 000
Tax	479 000	2 815 000	885 000	365 000
Net Income	1 727 000	2 545 000	3 119 000	1 186 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	79 986 000	63 050 000	51 083 000	14 891 000
Total Current Assets	44 338 000	39 996 000	20 800 000	28 124 000
Total Assets	124 324 000	103 046 000	71 883 000	43 015 000
Total Retained Equity	17 724 000	15 997 000	13 452 000	10 333 000
Total Equity	19 089 000	17 362 000	14 817 000	11 698 000
Total Long-Term Debt	45 639 000	17 648 000	0	0
Total Current Debt	59 596 000	68 036 000	57 065 000	31 316 000
Total Equity and Debt	124 324 000	103 046 000	71 883 000	43 015 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	26 270 000	670 000	5 983 000	8 874 000
Other Income	613 000	235 000	282 000	17 000
Revenue	26 883 000	905 000	6 265 000	8 891 000
Cost of Goods Sold	24 993 000	925 000	741 000	6 841 000
Salary Costs	1 210 000	440 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 222 000	2 015 000	1 127 000	6 926 000
Operating Profit	−340 000	−1 110 000	5 138 000	1 964 000
Financial Income	3 623 000	7 401 000	39 000	9 000
Financial Costs	1 077 000	932 000	1 173 000	423 000
Financial Balance	2 546 000	6 469 000	−1 134 000	−414 000
Dividends	0	0	0	0
Net Income	1 727 000	2 545 000	3 119 000	1 186 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	212 000	72 000	64 000	75 000
Real Eastate	1 113 000	1 113 000	1 113 000	1 113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 113 000	1 113 000	1 113 000	1 113 000
Total Fiancial Fixed Assets	78 662 000	61 865 000	49 905 000	13 703 000
Total Fixed Assets	79 986 000	63 050 000	51 083 000	14 891 000
Stock	0	28 000	28 000	99 000
Total Investments	251 000	251 000	251 000	251 000
Cash, Bank	1 906 000	2 180 000	7 943 000	3 966 000
Total Current Assets	44 338 000	39 996 000	20 800 000	28 124 000
Total Assets	124 324 000	103 046 000	71 883 000	43 015 000
Total Equity	19 089 000	17 362 000	14 817 000	11 698 000
Short-Term Group Debt	26 924 000	766 000	570 000	0
Total Long-Term Debt	45 639 000	17 648 000	0	0
Creditors	−7 000	16 003 000	2 066 000	2 186 000
Unpaid Taxes	108 000	92 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	25 110 000	8 011 000	19 867 000	19 775 000
Total Current Debt	59 596 000	68 036 000	57 065 000	31 316 000
Total Equity and Debt	124 324 000	103 046 000	71 883 000	43 015 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,05 %	14,66 %	21,05 %	10,14 %
Debt-to-Equity Ratio	2,39	1,02	0	0
Operating Profit Margin	−1,26 %	−122,65 %	82,01 %	22,09 %
Current Ratio	0,74	0,59	0,36	0,9
Quick Ratio	0,74	0,59	0,36	0,9
Equity Ratio	0,15	0,17	0,21	0,27
Gross Profit Margin	7,03 %	−2,21 %	88,17 %	23,06 %