KETLIN AS

8415 SORTLAND

Finances

Share Ownership

Return on Equity

2,75 %

Current Ratio

4,77

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 706 000	40 377 000	34 908 000	29 172 000
Net Income	2 064 000	7 535 000	7 088 000	1 369 000
Total Assets	92 559 000	91 864 000	85 999 000	75 784 000
Total Equity	75 109 000	73 046 000	65 510 000	58 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 706 000	40 377 000	34 908 000	29 172 000
Expenditure	35 085 000	30 589 000	25 713 000	27 281 000
Operating Profit	2 620 000	9 788 000	9 196 000	1 890 000
Financial Income	287 000	130 000	209 000	141 000
Financial Costs	262 000	257 000	317 000	273 000
Financial Balance	25 000	−127 000	−108 000	−132 000
Earnings Before Tax	2 646 000	9 661 000	9 088 000	1 758 000
Tax	582 000	2 125 000	2 000 000	389 000
Net Income	2 064 000	7 535 000	7 088 000	1 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 393 000	44 072 000	48 750 000	53 472 000
Total Current Assets	53 166 000	47 792 000	37 249 000	22 312 000
Total Assets	92 559 000	91 864 000	85 999 000	75 784 000
Total Retained Equity	75 009 000	72 946 000	65 410 000	58 322 000
Total Equity	75 109 000	73 046 000	65 510 000	58 422 000
Total Long-Term Debt	6 307 000	6 905 000	7 364 000	7 671 000
Total Current Debt	11 142 000	11 914 000	13 125 000	9 691 000
Total Equity and Debt	92 559 000	91 864 000	85 999 000	75 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 703 000	40 377 000	34 908 000	29 172 000
Other Income	3 000	0	0	0
Revenue	37 706 000	40 377 000	34 908 000	29 172 000
Cost of Goods Sold	2 065 000	2 743 000	1 714 000	1 481 000
Salary Costs	12 558 000	12 671 000	10 523 000	9 777 000
Depreciation	4 679 000	4 679 000	4 722 000	7 524 000
Impairment	0	0	0	0
Expenditure	35 085 000	30 589 000	25 713 000	27 281 000
Operating Profit	2 620 000	9 788 000	9 196 000	1 890 000
Financial Income	287 000	130 000	209 000	141 000
Financial Costs	262 000	257 000	317 000	273 000
Financial Balance	25 000	−127 000	−108 000	−132 000
Dividends	0	0	0	0
Net Income	2 064 000	7 535 000	7 088 000	1 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 931 000	11 917 000	13 903 000	15 889 000
Real Eastate	94 000	120 000	146 000	172 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 337 000	2 877 000	3 416 000	3 999 000
Total Tangible Assets	29 462 000	32 155 000	34 847 000	37 583 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 393 000	44 072 000	48 750 000	53 472 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 936 000	47 013 000	36 526 000	21 278 000
Total Current Assets	53 166 000	47 792 000	37 249 000	22 312 000
Total Assets	92 559 000	91 864 000	85 999 000	75 784 000
Total Equity	75 109 000	73 046 000	65 510 000	58 422 000
Short-Term Group Debt	4 090 000	3 977 000	3 868 000	3 825 000
Total Long-Term Debt	6 307 000	6 905 000	7 364 000	7 671 000
Creditors	464 000	147 000	458 000	42 000
Unpaid Taxes	4 063 000	3 609 000	4 831 000	3 109 000
Dividends	0	0	0	0
Other Current Debt	1 746 000	1 996 000	2 061 000	1 996 000
Total Current Debt	11 142 000	11 914 000	13 125 000	9 691 000
Total Equity and Debt	92 559 000	91 864 000	85 999 000	75 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,75 %	10,32 %	10,82 %	2,34 %
Debt-to-Equity Ratio	0,08	0,09	0,11	0,13
Operating Profit Margin	6,95 %	24,24 %	26,34 %	6,48 %
Current Ratio	4,77	4,01	2,84	2,3
Quick Ratio	4,77	4,01	2,84	2,3
Equity Ratio	0,81	0,8	0,76	0,77
Gross Profit Margin	94,52 %	93,21 %	95,09 %	94,92 %