KIPPENES AS

1184 OSLO

Finances

Return on Equity

−45,43 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	988 000	2 857 000	887 000	886 000
Net Income	−164 000	1 210 000	99 000	−350 000
Total Assets	1 851 000	3 024 000	1 009 000	1 199 000
Total Equity	361 000	526 000	592 000	493 000

Income (NOK)	2022	2021	2020	2019
Revenue	988 000	2 857 000	887 000	886 000
Expenditure	1 118 000	1 570 000	683 000	1 104 000
Operating Profit	−129 000	1 288 000	204 000	−218 000
Financial Income	114 000	200 000	1 000	0
Financial Costs	149 000	4 000	105 000	132 000
Financial Balance	−35 000	196 000	−104 000	−132 000
Earnings Before Tax	−164 000	1 484 000	99 000	−350 000
Tax	0	274 000	0	0
Net Income	−164 000	1 210 000	99 000	−350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	591 000	610 000	610 000	705 000
Total Current Assets	1 260 000	2 413 000	399 000	494 000
Total Assets	1 851 000	3 024 000	1 009 000	1 199 000
Total Retained Equity	261 000	426 000	492 000	393 000
Total Equity	361 000	526 000	592 000	493 000
Total Long-Term Debt	0	0	0	400 000
Total Current Debt	1 490 000	2 498 000	417 000	306 000
Total Equity and Debt	1 851 000	3 024 000	1 009 000	1 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	988 000	2 857 000	893 000	880 000
Other Income	0	0	−6 000	6 000
Revenue	988 000	2 857 000	887 000	886 000
Cost of Goods Sold	0	0	35 000	5 000
Salary Costs	777 000	1 404 000	452 000	928 000
Depreciation	0	0	7 000	12 000
Impairment	0	0	0	0
Expenditure	1 118 000	1 570 000	683 000	1 104 000
Operating Profit	−129 000	1 288 000	204 000	−218 000
Financial Income	114 000	200 000	1 000	0
Financial Costs	149 000	4 000	105 000	132 000
Financial Balance	−35 000	196 000	−104 000	−132 000
Dividends	0	0	0	0
Net Income	−164 000	1 210 000	99 000	−350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	211 000	211 000	211 000	211 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	211 000	211 000	211 000	218 000
Total Fiancial Fixed Assets	380 000	400 000	399 000	487 000
Total Fixed Assets	591 000	610 000	610 000	705 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	929 000	730 000	27 000	189 000
Total Current Assets	1 260 000	2 413 000	399 000	494 000
Total Assets	1 851 000	3 024 000	1 009 000	1 199 000
Total Equity	361 000	526 000	592 000	493 000
Short-Term Group Debt	1 198 000	1 299 000	152 000	0
Total Long-Term Debt	0	0	0	400 000
Creditors	1 000	2 000	12 000	2 000
Unpaid Taxes	199 000	791 000	190 000	134 000
Dividends	0	0	0	0
Other Current Debt	92 000	154 000	62 000	171 000
Total Current Debt	1 490 000	2 498 000	417 000	306 000
Total Equity and Debt	1 851 000	3 024 000	1 009 000	1 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,43 %	230,04 %	16,72 %	−70,99 %
Debt-to-Equity Ratio	0	0	0	0,81
Operating Profit Margin	−13,06 %	45,08 %	23 %	−24,6 %
Current Ratio	0,85	0,97	0,96	1,61
Quick Ratio	0,85	0,97	0,96	1,61
Equity Ratio	0,2	0,17	0,59	0,41
Gross Profit Margin	100 %	100 %	96,05 %	99,44 %