KNIVSØ MARINE AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−64,74 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 955 000	2 164 000	2 030 000	1 645 000
Net Income	−1 010 000	1 183 000	1 170 000	−2 597 000
Total Assets	2 037 000	3 170 000	2 977 000	4 359 000
Total Equity	1 560 000	1 526 000	1 644 000	1 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 955 000	2 164 000	2 030 000	1 645 000
Expenditure	3 256 000	655 000	533 000	4 881 000
Operating Profit	−1 301 000	1 508 000	1 497 000	−3 236 000
Financial Income	6 000	8 000	3 000	12 000
Financial Costs	0	0	0	105 000
Financial Balance	6 000	8 000	3 000	−93 000
Earnings Before Tax	−1 295 000	1 516 000	1 500 000	−3 329 000
Tax	−285 000	334 000	330 000	−732 000
Net Income	−1 010 000	1 183 000	1 170 000	−2 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	597 000	699 000	798 000	924 000
Total Current Assets	1 439 000	2 470 000	2 179 000	3 435 000
Total Assets	2 037 000	3 170 000	2 977 000	4 359 000
Total Retained Equity	106 000	72 000	190 000	20 000
Total Equity	1 560 000	1 526 000	1 644 000	1 474 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	477 000	1 643 000	1 333 000	2 885 000
Total Equity and Debt	2 037 000	3 170 000	2 977 000	4 359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 955 000	2 164 000	2 030 000	1 645 000
Revenue	1 955 000	2 164 000	2 030 000	1 645 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	93 000	109 000	128 000	151 000
Impairment	0	0	0	0
Expenditure	3 256 000	655 000	533 000	4 881 000
Operating Profit	−1 301 000	1 508 000	1 497 000	−3 236 000
Financial Income	6 000	8 000	3 000	12 000
Financial Costs	0	0	0	105 000
Financial Balance	6 000	8 000	3 000	−93 000
Dividends	0	1 300 000	1 000 000	0
Net Income	−1 010 000	1 183 000	1 170 000	−2 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 000	82 000	72 000	70 000
Real Eastate	525 000	617 000	726 000	855 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	525 000	617 000	726 000	855 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	597 000	699 000	798 000	924 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	96 000	144 000	552 000	127 000
Total Current Assets	1 439 000	2 470 000	2 179 000	3 435 000
Total Assets	2 037 000	3 170 000	2 977 000	4 359 000
Total Equity	1 560 000	1 526 000	1 644 000	1 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 300 000	1 000 000	0
Other Current Debt	474 000	1 300 000	1 000 000	2 885 000
Total Current Debt	477 000	1 643 000	1 333 000	2 885 000
Total Equity and Debt	2 037 000	3 170 000	2 977 000	4 359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,74 %	77,52 %	71,17 %	−176,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−66,55 %	69,69 %	73,74 %	−196,72 %
Current Ratio	3,02	1,5	1,63	1,19
Quick Ratio	3,02	1,5	1,63	1,19
Equity Ratio	0,77	0,48	0,55	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %