KUNSTBOKHANDELEN AS

0170 OSLO

Finances

Return on Equity

−31,88 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 833 000	1 740 000	1 444 000	2 427 000
Net Income	−44 000	−13 000	−14 000	118 000
Total Assets	1 253 000	810 000	807 000	702 000
Total Equity	138 000	182 000	195 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 833 000	1 740 000	1 444 000	2 427 000
Expenditure	1 878 000	1 751 000	1 473 000	2 282 000
Operating Profit	−44 000	−11 000	−29 000	145 000
Financial Income	2 000	0	11 000	0
Financial Costs	1 000	2 000	1 000	0
Financial Balance	1 000	−2 000	10 000	0
Earnings Before Tax	−44 000	−13 000	−18 000	145 000
Tax	0	0	−4 000	27 000
Net Income	−44 000	−13 000	−14 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	111 000	111 000	111 000
Total Current Assets	1 158 000	698 000	696 000	590 000
Total Assets	1 253 000	810 000	807 000	702 000
Total Retained Equity	39 000	83 000	96 000	110 000
Total Equity	138 000	182 000	195 000	209 000
Total Long-Term Debt	70 000	70 000	70 000	70 000
Total Current Debt	1 045 000	558 000	542 000	422 000
Total Equity and Debt	1 253 000	810 000	807 000	702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	397 000	275 000	134 000	337 000
Other Income	1 436 000	1 465 000	1 311 000	2 091 000
Revenue	1 833 000	1 740 000	1 444 000	2 427 000
Cost of Goods Sold	244 000	66 000	−166 000	14 000
Salary Costs	1 146 000	1 181 000	1 271 000	859 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 878 000	1 751 000	1 473 000	2 282 000
Operating Profit	−44 000	−11 000	−29 000	145 000
Financial Income	2 000	0	11 000	0
Financial Costs	1 000	2 000	1 000	0
Financial Balance	1 000	−2 000	10 000	0
Dividends	0	0	0	0
Net Income	−44 000	−13 000	−14 000	118 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	95 000	111 000	111 000	111 000
Total Fixed Assets	95 000	111 000	111 000	111 000
Stock	320 000	279 000	317 000	125 000
Total Investments	0	0	0	0
Cash, Bank	652 000	231 000	321 000	76 000
Total Current Assets	1 158 000	698 000	696 000	590 000
Total Assets	1 253 000	810 000	807 000	702 000
Total Equity	138 000	182 000	195 000	209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	70 000	70 000	70 000
Creditors	14 000	0	8 000	8 000
Unpaid Taxes	61 000	97 000	105 000	43 000
Dividends	0	0	0	0
Other Current Debt	970 000	460 000	430 000	344 000
Total Current Debt	1 045 000	558 000	542 000	422 000
Total Equity and Debt	1 253 000	810 000	807 000	702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,88 %	−7,14 %	−7,18 %	56,46 %
Debt-to-Equity Ratio	0,51	0,38	0,36	0,33
Operating Profit Margin	−2,4 %	−0,63 %	−2,01 %	5,97 %
Current Ratio	1,11	1,25	1,28	1,4
Quick Ratio	1,6	2,5	3,09	1,99
Equity Ratio	0,11	0,22	0,24	0,3
Gross Profit Margin	86,69 %	96,21 %	111,5 %	99,42 %