KANALGATA 1 AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

50,24 %

Current Ratio

0,12

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 914 000	1 822 000	1 746 000	1 724 000
Net Income	852 000	786 000	750 000	918 000
Total Assets	6 589 000	4 828 000	5 109 000	4 842 000
Total Equity	1 696 000	2 845 000	3 059 000	2 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 914 000	1 822 000	1 746 000	1 724 000
Expenditure	787 000	775 000	718 000	479 000
Operating Profit	1 127 000	1 047 000	1 028 000	1 246 000
Financial Income	0	0	4 000	4 000
Financial Costs	36 000	40 000	71 000	72 000
Financial Balance	−36 000	−40 000	−67 000	−68 000
Earnings Before Tax	1 092 000	1 007 000	961 000	1 178 000
Tax	240 000	222 000	212 000	259 000
Net Income	852 000	786 000	750 000	918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 204 000	4 128 000	4 212 000	4 276 000
Total Current Assets	385 000	700 000	896 000	566 000
Total Assets	6 589 000	4 828 000	5 109 000	4 842 000
Total Retained Equity	1 596 000	2 745 000	2 959 000	2 209 000
Total Equity	1 696 000	2 845 000	3 059 000	2 309 000
Total Long-Term Debt	1 752 000	753 000	1 780 000	2 278 000
Total Current Debt	3 141 000	1 231 000	270 000	256 000
Total Equity and Debt	6 589 000	4 828 000	5 109 000	4 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 914 000	1 807 000	1 566 000	1 538 000
Other Income	0	15 000	180 000	187 000
Revenue	1 914 000	1 822 000	1 746 000	1 724 000
Cost of Goods Sold	0	0	40 000	0
Salary Costs	0	0	0	0
Depreciation	112 000	119 000	116 000	115 000
Impairment	0	0	0	0
Expenditure	787 000	775 000	718 000	479 000
Operating Profit	1 127 000	1 047 000	1 028 000	1 246 000
Financial Income	0	0	4 000	4 000
Financial Costs	36 000	40 000	71 000	72 000
Financial Balance	−36 000	−40 000	−67 000	−68 000
Dividends	2 000 000	1 000 000	0	0
Net Income	852 000	786 000	750 000	918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 204 000	4 128 000	4 207 000	4 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	94 000
Total Tangible Assets	6 204 000	4 128 000	4 212 000	4 276 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 204 000	4 128 000	4 212 000	4 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	700 000	876 000	566 000
Total Current Assets	385 000	700 000	896 000	566 000
Total Assets	6 589 000	4 828 000	5 109 000	4 842 000
Total Equity	1 696 000	2 845 000	3 059 000	2 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 752 000	753 000	1 780 000	2 278 000
Creditors	727 000	6 000	39 000	6 000
Unpaid Taxes	0	7 000	23 000	0
Dividends	2 000 000	1 000 000	0	0
Other Current Debt	178 000	0	0	0
Total Current Debt	3 141 000	1 231 000	270 000	256 000
Total Equity and Debt	6 589 000	4 828 000	5 109 000	4 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,24 %	27,63 %	24,52 %	39,76 %
Debt-to-Equity Ratio	1,03	0,26	0,58	0,99
Operating Profit Margin	58,88 %	57,46 %	58,88 %	72,27 %
Current Ratio	0,12	0,57	3,32	2,21
Quick Ratio	0,12	0,57	3,32	2,21
Equity Ratio	0,26	0,59	0,6	0,48
Gross Profit Margin	100 %	100 %	97,71 %	100 %