KANALSLETTA 2 AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−29,49 %

Current Ratio

0,04

Debt-to-Equity Ratio

5,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	150 000	0
Net Income	−1 146 000	−698 000	−648 000	−2 182 000
Total Assets	28 155 000	28 088 000	27 835 000	27 884 000
Total Equity	3 886 000	5 032 000	5 730 000	6 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	150 000	0
Expenditure	124 000	124 000	134 000	110 000
Operating Profit	−124 000	−124 000	16 000	−110 000
Financial Income	2 000	0	0	1 000
Financial Costs	1 024 000	574 000	664 000	705 000
Financial Balance	−1 022 000	−574 000	−664 000	−704 000
Earnings Before Tax	−1 146 000	−698 000	−648 000	−814 000
Tax	0	0	0	1 368 000
Net Income	−1 146 000	−698 000	−648 000	−2 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000 000	27 819 000	27 819 000	27 819 000
Total Current Assets	155 000	269 000	16 000	65 000
Total Assets	28 155 000	28 088 000	27 835 000	27 884 000
Total Retained Equity	−6 114 000	−4 968 000	−4 270 000	−3 622 000
Total Equity	3 886 000	5 032 000	5 730 000	6 378 000
Total Long-Term Debt	20 000 000	20 000 000	20 000 000	20 000 000
Total Current Debt	4 269 000	3 056 000	2 104 000	1 506 000
Total Equity and Debt	28 155 000	28 088 000	27 835 000	27 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	150 000	0
Revenue	0	0	150 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	124 000	124 000	134 000	110 000
Operating Profit	−124 000	−124 000	16 000	−110 000
Financial Income	2 000	0	0	1 000
Financial Costs	1 024 000	574 000	664 000	705 000
Financial Balance	−1 022 000	−574 000	−664 000	−704 000
Dividends	0	0	0	0
Net Income	−1 146 000	−698 000	−648 000	−2 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 000 000	27 819 000	27 819 000	27 819 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 000 000	27 819 000	27 819 000	27 819 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000 000	27 819 000	27 819 000	27 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	269 000	16 000	65 000
Total Current Assets	155 000	269 000	16 000	65 000
Total Assets	28 155 000	28 088 000	27 835 000	27 884 000
Total Equity	3 886 000	5 032 000	5 730 000	6 378 000
Short-Term Group Debt	4 060 000	2 910 000	1 970 000	1 339 000
Total Long-Term Debt	20 000 000	20 000 000	20 000 000	20 000 000
Creditors	8 000	17 000	7 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	201 000	129 000	128 000	155 000
Total Current Debt	4 269 000	3 056 000	2 104 000	1 506 000
Total Equity and Debt	28 155 000	28 088 000	27 835 000	27 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,49 %	−13,87 %	−11,31 %	−34,21 %
Debt-to-Equity Ratio	5,15	3,97	3,49	3,14
Operating Profit Margin	-	-	10,67 %	-
Current Ratio	0,04	0,09	0,01	0,04
Quick Ratio	0,04	0,09	0,01	0,04
Equity Ratio	0,14	0,18	0,21	0,23
Gross Profit Margin	-	-	100 %	-