KNA RACEWAY AS

4380 HAUGE I DALANE

Finances

Share Ownership

Return on Equity

−63,7 %

Current Ratio

1,38

Debt-to-Equity Ratio

32,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 044 000	3 025 000	342 000	345 000
Net Income	−2 211 000	−1 787 000	6 742 000	−144 000
Total Assets	118 254 000	148 045 000	73 962 000	4 673 000
Total Equity	3 471 000	5 682 000	7 468 000	726 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 044 000	3 025 000	342 000	345 000
Expenditure	4 729 000	3 805 000	1 676 000	489 000
Operating Profit	316 000	−780 000	−1 334 000	−144 000
Financial Income	58 000	24 000	8 119 000	0
Financial Costs	2 585 000	1 030 000	43 000	0
Financial Balance	−2 527 000	−1 006 000	8 076 000	0
Earnings Before Tax	−2 211 000	−1 787 000	6 742 000	−144 000
Tax	0	0	0	0
Net Income	−2 211 000	−1 787 000	6 742 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 688 000	146 650 000	53 694 000	3 775 000
Total Current Assets	2 566 000	1 396 000	20 268 000	898 000
Total Assets	118 254 000	148 045 000	73 962 000	4 673 000
Total Retained Equity	2 165 000	4 376 000	6 162 000	−580 000
Total Equity	3 471 000	5 682 000	7 468 000	726 000
Total Long-Term Debt	112 921 000	141 049 000	51 212 000	2 112 000
Total Current Debt	1 863 000	1 315 000	15 282 000	1 835 000
Total Equity and Debt	118 254 000	148 045 000	73 962 000	4 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 637 000	2 412 000	54 000	54 000
Other Income	1 407 000	613 000	288 000	291 000
Revenue	5 044 000	3 025 000	342 000	345 000
Cost of Goods Sold	214 000	77 000	0	0
Salary Costs	74 000	688 000	404 000	103 000
Depreciation	3 414 000	2 386 000	7 000	105 000
Impairment	0	0	0	0
Expenditure	4 729 000	3 805 000	1 676 000	489 000
Operating Profit	316 000	−780 000	−1 334 000	−144 000
Financial Income	58 000	24 000	8 119 000	0
Financial Costs	2 585 000	1 030 000	43 000	0
Financial Balance	−2 527 000	−1 006 000	8 076 000	0
Dividends	0	0	0	0
Net Income	−2 211 000	−1 787 000	6 742 000	−144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	115 651 000	146 531 000	53 552 000	3 681 000
Machinery and Plant Facilities	37 000	119 000	142 000	45 000
Fixtures	0	0	0	0
Total Tangible Assets	115 688 000	146 650 000	53 694 000	3 726 000
Total Fiancial Fixed Assets	0	0	0	49 000
Total Fixed Assets	115 688 000	146 650 000	53 694 000	3 775 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	570 000	679 000	19 122 000	874 000
Total Current Assets	2 566 000	1 396 000	20 268 000	898 000
Total Assets	118 254 000	148 045 000	73 962 000	4 673 000
Total Equity	3 471 000	5 682 000	7 468 000	726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 921 000	141 049 000	51 212 000	2 112 000
Creditors	644 000	114 000	14 727 000	382 000
Unpaid Taxes	61 000	0	114 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 157 000	1 201 000	441 000	1 451 000
Total Current Debt	1 863 000	1 315 000	15 282 000	1 835 000
Total Equity and Debt	118 254 000	148 045 000	73 962 000	4 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,7 %	−31,45 %	90,28 %	−19,83 %
Debt-to-Equity Ratio	32,53	24,82	6,86	2,91
Operating Profit Margin	6,26 %	−25,79 %	−390,06 %	−41,74 %
Current Ratio	1,38	1,06	1,33	0,49
Quick Ratio	1,38	1,06	1,33	0,49
Equity Ratio	0,03	0,04	0,1	0,16
Gross Profit Margin	95,76 %	97,45 %	100 %	100 %