KINNALI KRAFT AS

5780 KINSARVIK

Finances

Share Ownership

Return on Equity

47,89 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 315 000	929 000	133 000	486 000
Net Income	952 000	99 000	−65 000	45 000
Total Assets	5 280 000	3 849 000	3 561 000	3 771 000
Total Equity	1 988 000	1 035 000	921 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 315 000	929 000	133 000	486 000
Expenditure	1 043 000	783 000	152 000	352 000
Operating Profit	1 272 000	146 000	−20 000	134 000
Financial Income	7 000	7 000	11 000	10 000
Financial Costs	58 000	48 000	56 000	84 000
Financial Balance	−51 000	−41 000	−45 000	−74 000
Earnings Before Tax	1 220 000	105 000	−65 000	60 000
Tax	268 000	6 000	0	15 000
Net Income	952 000	99 000	−65 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 819 000	3 434 000	3 518 000	3 604 000
Total Current Assets	1 460 000	415 000	43 000	168 000
Total Assets	5 280 000	3 849 000	3 561 000	3 771 000
Total Retained Equity	1 888 000	935 000	821 000	886 000
Total Equity	1 988 000	1 035 000	921 000	986 000
Total Long-Term Debt	1 986 000	2 291 000	2 426 000	2 530 000
Total Current Debt	1 307 000	523 000	215 000	255 000
Total Equity and Debt	5 280 000	3 849 000	3 561 000	3 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 315 000	929 000	133 000	486 000
Other Income	0	0	0	0
Revenue	2 315 000	929 000	133 000	486 000
Cost of Goods Sold	706 000	600 000	10 000	88 000
Salary Costs	0	0	0	0
Depreciation	93 000	85 000	85 000	99 000
Impairment	0	0	0	0
Expenditure	1 043 000	783 000	152 000	352 000
Operating Profit	1 272 000	146 000	−20 000	134 000
Financial Income	7 000	7 000	11 000	10 000
Financial Costs	58 000	48 000	56 000	84 000
Financial Balance	−51 000	−41 000	−45 000	−74 000
Dividends	0	0	0	0
Net Income	952 000	99 000	−65 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 819 000	3 434 000	3 518 000	3 603 000
Fixtures	0	0	0	1 000
Total Tangible Assets	3 819 000	3 434 000	3 518 000	3 604 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 819 000	3 434 000	3 518 000	3 604 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 102 000	166 000	8 000	93 000
Total Current Assets	1 460 000	415 000	43 000	168 000
Total Assets	5 280 000	3 849 000	3 561 000	3 771 000
Total Equity	1 988 000	1 035 000	921 000	986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 986 000	2 291 000	2 426 000	2 530 000
Creditors	51 000	33 000	−15 000	32 000
Unpaid Taxes	413 000	217 000	5 000	101 000
Dividends	0	0	0	0
Other Current Debt	594 000	267 000	224 000	107 000
Total Current Debt	1 307 000	523 000	215 000	255 000
Total Equity and Debt	5 280 000	3 849 000	3 561 000	3 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,89 %	9,57 %	−7,06 %	4,56 %
Debt-to-Equity Ratio	1	2,21	2,63	2,57
Operating Profit Margin	54,95 %	15,72 %	−15,04 %	27,57 %
Current Ratio	1,12	0,79	0,2	0,66
Quick Ratio	1,12	0,79	0,2	0,66
Equity Ratio	0,38	0,27	0,26	0,26
Gross Profit Margin	69,5 %	35,41 %	92,48 %	81,89 %