KANALVEIEN 11 AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

10,84 %

Current Ratio

1,65

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 709 000	17 571 000	16 498 000	17 729 000
Net Income	4 624 000	5 870 000	4 531 000	4 239 000
Total Assets	176 034 000	171 868 000	170 899 000	172 062 000
Total Equity	42 638 000	38 014 000	32 144 000	26 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 709 000	17 571 000	16 498 000	17 729 000
Expenditure	8 628 000	6 908 000	6 679 000	7 941 000
Operating Profit	10 081 000	10 663 000	9 819 000	9 788 000
Financial Income	42 000	398 000	10 000	2 000
Financial Costs	4 194 000	3 534 000	4 022 000	4 356 000
Financial Balance	−4 152 000	−3 136 000	−4 012 000	−4 354 000
Earnings Before Tax	5 928 000	7 526 000	5 807 000	5 434 000
Tax	1 304 000	1 656 000	1 275 000	1 196 000
Net Income	4 624 000	5 870 000	4 531 000	4 239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 929 000	164 494 000	166 707 000	168 037 000
Total Current Assets	13 105 000	7 375 000	4 193 000	4 025 000
Total Assets	176 034 000	171 868 000	170 899 000	172 062 000
Total Retained Equity	14 847 000	13 641 000	7 770 000	3 239 000
Total Equity	42 638 000	38 014 000	32 144 000	26 612 000
Total Long-Term Debt	125 457 000	129 571 000	133 406 000	106 678 000
Total Current Debt	7 939 000	4 284 000	5 350 000	38 772 000
Total Equity and Debt	176 034 000	171 868 000	170 899 000	172 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 615 000	1 144 000	1 151 000	1 786 000
Other Income	17 094 000	16 427 000	15 347 000	15 944 000
Revenue	18 709 000	17 571 000	16 498 000	17 729 000
Cost of Goods Sold	1 397 000	846 000	784 000	1 554 000
Salary Costs	0	0	0	0
Depreciation	1 721 000	1 716 000	1 695 000	1 673 000
Impairment	0	0	0	0
Expenditure	8 628 000	6 908 000	6 679 000	7 941 000
Operating Profit	10 081 000	10 663 000	9 819 000	9 788 000
Financial Income	42 000	398 000	10 000	2 000
Financial Costs	4 194 000	3 534 000	4 022 000	4 356 000
Financial Balance	−4 152 000	−3 136 000	−4 012 000	−4 354 000
Dividends	0	0	0	1 000 000
Net Income	4 624 000	5 870 000	4 531 000	4 239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	162 724 000	164 248 000	166 370 000	167 641 000
Machinery and Plant Facilities	157 000	184 000	260 000	336 000
Fixtures	48 000	62 000	76 000	60 000
Total Tangible Assets	162 929 000	164 494 000	166 707 000	168 037 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	162 929 000	164 494 000	166 707 000	168 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	13 105 000	7 375 000	4 193 000	4 025 000
Total Assets	176 034 000	171 868 000	170 899 000	172 062 000
Total Equity	42 638 000	38 014 000	32 144 000	26 612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 457 000	129 571 000	133 406 000	106 678 000
Creditors	2 697 000	2 284 000	2 529 000	2 730 000
Unpaid Taxes	482 000	488 000	489 000	445 000
Dividends	0	0	0	1 000 000
Other Current Debt	4 761 000	242 000	1 239 000	33 933 000
Total Current Debt	7 939 000	4 284 000	5 350 000	38 772 000
Total Equity and Debt	176 034 000	171 868 000	170 899 000	172 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,84 %	15,44 %	14,1 %	15,93 %
Debt-to-Equity Ratio	2,94	3,41	4,15	4,01
Operating Profit Margin	53,88 %	60,69 %	59,52 %	55,21 %
Current Ratio	1,65	1,72	0,78	0,1
Quick Ratio	1,65	1,72	0,78	0,1
Equity Ratio	0,24	0,22	0,19	0,15
Gross Profit Margin	92,53 %	95,19 %	95,25 %	91,23 %