KANALBREDDEN AS

0352 OSLO

Finances

Share Ownership

Return on Equity

96,5 %

Current Ratio

0,53

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 235 000	13 976 000	13 700 000	13 494 000
Net Income	28 047 000	5 882 000	5 829 000	7 987 000
Total Assets	63 899 000	48 875 000	49 846 000	52 442 000
Total Equity	29 065 000	11 460 000	14 652 000	14 753 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 235 000	13 976 000	13 700 000	13 494 000
Expenditure	7 092 000	6 194 000	6 056 000	2 903 000
Operating Profit	36 142 000	7 781 000	7 644 000	10 591 000
Financial Income	231 000	6 000	15 000	32 000
Financial Costs	416 000	247 000	187 000	385 000
Financial Balance	−185 000	−241 000	−172 000	−353 000
Earnings Before Tax	35 958 000	7 541 000	7 473 000	10 239 000
Tax	7 911 000	1 659 000	1 644 000	2 253 000
Net Income	28 047 000	5 882 000	5 829 000	7 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 115 000	45 133 000	47 289 000	49 446 000
Total Current Assets	11 784 000	3 742 000	2 556 000	2 996 000
Total Assets	63 899 000	48 875 000	49 846 000	52 442 000
Total Retained Equity	14 605 000	0	0	0
Total Equity	29 065 000	11 460 000	14 652 000	14 753 000
Total Long-Term Debt	12 500 000	25 126 000	25 653 000	15 702 000
Total Current Debt	22 334 000	12 290 000	9 541 000	21 987 000
Total Equity and Debt	63 899 000	48 875 000	49 846 000	52 442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	43 235 000	13 976 000	13 700 000	13 494 000
Revenue	43 235 000	13 976 000	13 700 000	13 494 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 156 000	2 156 000	2 156 000	2 156 000
Impairment	0	0	0	0
Expenditure	7 092 000	6 194 000	6 056 000	2 903 000
Operating Profit	36 142 000	7 781 000	7 644 000	10 591 000
Financial Income	231 000	6 000	15 000	32 000
Financial Costs	416 000	247 000	187 000	385 000
Financial Balance	−185 000	−241 000	−172 000	−353 000
Dividends	0	3 000 000	0	0
Net Income	28 047 000	5 882 000	5 829 000	7 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 977 000	45 133 000	47 289 000	49 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 977 000	45 133 000	47 289 000	49 446 000
Total Fiancial Fixed Assets	9 138 000	0	0	0
Total Fixed Assets	52 115 000	45 133 000	47 289 000	49 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 613 000	3 742 000	2 076 000	2 331 000
Total Current Assets	11 784 000	3 742 000	2 556 000	2 996 000
Total Assets	63 899 000	48 875 000	49 846 000	52 442 000
Total Equity	29 065 000	11 460 000	14 652 000	14 753 000
Short-Term Group Debt	17 233 000	7 787 000	7 603 000	21 413 000
Total Long-Term Debt	12 500 000	25 126 000	25 653 000	15 702 000
Creditors	367 000	923 000	1 339 000	4 000
Unpaid Taxes	0	579 000	599 000	561 000
Dividends	0	3 000 000	0	0
Other Current Debt	536 000	0	0	8 000
Total Current Debt	22 334 000	12 290 000	9 541 000	21 987 000
Total Equity and Debt	63 899 000	48 875 000	49 846 000	52 442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,5 %	51,33 %	39,78 %	54,14 %
Debt-to-Equity Ratio	0,43	2,19	1,75	1,06
Operating Profit Margin	83,59 %	55,67 %	55,8 %	78,49 %
Current Ratio	0,53	0,3	0,27	0,14
Quick Ratio	0,53	0,3	0,27	0,14
Equity Ratio	0,45	0,23	0,29	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %