KENNETH OLSEN HOLDING AS

4920 STAUBØ

Finances

Return on Equity

4,74 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 934 000	1 355 000	758 000	631 000
Net Income	−399 000	−13 546 000	−311 000	−233 000
Total Assets	1 814 000	1 887 000	15 409 000	15 544 000
Total Equity	−8 424 000	−8 025 000	5 522 000	5 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 934 000	1 355 000	758 000	631 000
Expenditure	2 331 000	3 887 000	1 065 000	861 000
Operating Profit	−397 000	−2 532 000	−307 000	−231 000
Financial Income	0	0	0	0
Financial Costs	2 000	11 014 000	4 000	2 000
Financial Balance	−2 000	−11 014 000	−4 000	−2 000
Earnings Before Tax	−399 000	−13 546 000	−311 000	−233 000
Tax	0	0	0	0
Net Income	−399 000	−13 546 000	−311 000	−233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	271 000	111 000	11 274 000	11 274 000
Total Current Assets	1 543 000	1 776 000	4 135 000	4 270 000
Total Assets	1 814 000	1 887 000	15 409 000	15 544 000
Total Retained Equity	−12 044 000	−11 645 000	1 901 000	2 213 000
Total Equity	−8 424 000	−8 025 000	5 522 000	5 833 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 237 000	9 911 000	9 887 000	9 711 000
Total Equity and Debt	1 814 000	1 887 000	15 409 000	15 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 934 000	1 355 000	758 000	631 000
Revenue	1 934 000	1 355 000	758 000	631 000
Cost of Goods Sold	1 332 000	481 000	347 000	146 000
Salary Costs	739 000	675 000	533 000	558 000
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 331 000	3 887 000	1 065 000	861 000
Operating Profit	−397 000	−2 532 000	−307 000	−231 000
Financial Income	0	0	0	0
Financial Costs	2 000	11 014 000	4 000	2 000
Financial Balance	−2 000	−11 014 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−399 000	−13 546 000	−311 000	−233 000

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	160 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	160 000	0	0	0
Total Fiancial Fixed Assets	111 000	111 000	11 274 000	11 274 000
Total Fixed Assets	271 000	111 000	11 274 000	11 274 000
Stock	232 000	232 000	232 000	232 000
Total Investments	0	0	0	0
Cash, Bank	82 000	317 000	71 000	324 000
Total Current Assets	1 543 000	1 776 000	4 135 000	4 270 000
Total Assets	1 814 000	1 887 000	15 409 000	15 544 000
Total Equity	−8 424 000	−8 025 000	5 522 000	5 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	913 000	602 000	498 000	520 000
Unpaid Taxes	120 000	158 000	77 000	98 000
Dividends	0	0	0	0
Other Current Debt	9 204 000	9 151 000	9 312 000	9 093 000
Total Current Debt	10 237 000	9 911 000	9 887 000	9 711 000
Total Equity and Debt	1 814 000	1 887 000	15 409 000	15 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,74 %	168,8 %	−5,63 %	−3,99 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−20,53 %	−186,86 %	−40,5 %	−36,61 %
Current Ratio	0,15	0,18	0,42	0,44
Quick Ratio	0,15	0,18	0,43	0,45
Equity Ratio	−4,64	−4,25	0,36	0,38
Gross Profit Margin	31,13 %	64,5 %	54,22 %	76,86 %