KINSARVIK RETAIL AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

29,27 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 315 000	7 040 000	5 579 000	4 779 000
Net Income	888 000	740 000	380 000	−374 000
Total Assets	4 544 000	2 859 000	2 300 000	2 015 000
Total Equity	3 034 000	2 146 000	1 406 000	1 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 315 000	7 040 000	5 579 000	4 779 000
Expenditure	8 206 000	6 537 000	5 193 000	5 160 000
Operating Profit	1 109 000	504 000	386 000	−381 000
Financial Income	4 000	3 000	2 000	7 000
Financial Costs	0	0	8 000	0
Financial Balance	4 000	3 000	−6 000	7 000
Earnings Before Tax	1 113 000	507 000	380 000	−374 000
Tax	226 000	−234 000	0	0
Net Income	888 000	740 000	380 000	−374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	63 000	113 000	177 000
Total Current Assets	4 494 000	2 796 000	2 187 000	1 837 000
Total Assets	4 544 000	2 859 000	2 300 000	2 015 000
Total Retained Equity	2 921 000	2 033 000	1 293 000	−128 000
Total Equity	3 034 000	2 146 000	1 406 000	1 057 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 510 000	713 000	894 000	958 000
Total Equity and Debt	4 544 000	2 859 000	2 300 000	2 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 315 000	7 040 000	5 570 000	4 729 000
Other Income	0	0	10 000	50 000
Revenue	9 315 000	7 040 000	5 579 000	4 779 000
Cost of Goods Sold	6 070 000	4 059 000	1 654 000	1 951 000
Salary Costs	1 290 000	1 736 000	2 408 000	1 645 000
Depreciation	31 000	50 000	64 000	90 000
Impairment	0	0	0	0
Expenditure	8 206 000	6 537 000	5 193 000	5 160 000
Operating Profit	1 109 000	504 000	386 000	−381 000
Financial Income	4 000	3 000	2 000	7 000
Financial Costs	0	0	8 000	0
Financial Balance	4 000	3 000	−6 000	7 000
Dividends	0	0	0	0
Net Income	888 000	740 000	380 000	−374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	63 000	113 000	177 000
Total Tangible Assets	32 000	63 000	113 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	63 000	113 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 365 000	1 654 000	1 640 000	1 125 000
Total Current Assets	4 494 000	2 796 000	2 187 000	1 837 000
Total Assets	4 544 000	2 859 000	2 300 000	2 015 000
Total Equity	3 034 000	2 146 000	1 406 000	1 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	666 000	315 000	305 000	166 000
Unpaid Taxes	299 000	227 000	237 000	325 000
Dividends	0	0	0	0
Other Current Debt	546 000	170 000	352 000	466 000
Total Current Debt	1 510 000	713 000	894 000	958 000
Total Equity and Debt	4 544 000	2 859 000	2 300 000	2 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,27 %	34,48 %	27,03 %	−35,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,91 %	7,16 %	6,92 %	−7,97 %
Current Ratio	2,98	3,92	2,45	1,92
Quick Ratio	2,98	3,92	2,45	1,92
Equity Ratio	0,67	0,75	0,61	0,52
Gross Profit Margin	34,84 %	42,34 %	70,35 %	59,18 %