KLIPPEGALLERIET AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

93,89 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 333 000	1 090 000	1 195 000	1 154 000
Net Income	169 000	−232 000	−203 000	161 000
Total Assets	569 000	366 000	453 000	622 000
Total Equity	180 000	11 000	243 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 333 000	1 090 000	1 195 000	1 154 000
Expenditure	1 163 000	1 318 000	1 391 000	947 000
Operating Profit	169 000	−228 000	−196 000	208 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	2 000	1 000
Financial Balance	−1 000	−4 000	−2 000	−1 000
Earnings Before Tax	169 000	−232 000	−198 000	207 000
Tax	0	0	5 000	45 000
Net Income	169 000	−232 000	−203 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	29 000	45 000	16 000
Total Current Assets	525 000	338 000	407 000	605 000
Total Assets	569 000	366 000	453 000	622 000
Total Retained Equity	80 000	−89 000	143 000	346 000
Total Equity	180 000	11 000	243 000	446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	389 000	355 000	210 000	176 000
Total Equity and Debt	569 000	366 000	453 000	622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 245 000	1 018 000	1 064 000	963 000
Other Income	88 000	72 000	131 000	191 000
Revenue	1 333 000	1 090 000	1 195 000	1 154 000
Cost of Goods Sold	98 000	133 000	155 000	117 000
Salary Costs	803 000	688 000	725 000	261 000
Depreciation	9 000	3 000	0	9 000
Impairment	0	0	0	0
Expenditure	1 163 000	1 318 000	1 391 000	947 000
Operating Profit	169 000	−228 000	−196 000	208 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	2 000	1 000
Financial Balance	−1 000	−4 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	169 000	−232 000	−203 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	14 000	0	0
Total Tangible Assets	34 000	14 000	0	0
Total Fiancial Fixed Assets	10 000	15 000	45 000	11 000
Total Fixed Assets	44 000	29 000	45 000	16 000
Stock	249 000	225 000	258 000	270 000
Total Investments	0	0	0	0
Cash, Bank	276 000	112 000	150 000	308 000
Total Current Assets	525 000	338 000	407 000	605 000
Total Assets	569 000	366 000	453 000	622 000
Total Equity	180 000	11 000	243 000	446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	62 000	16 000	1 000	26 000
Unpaid Taxes	88 000	122 000	141 000	84 000
Dividends	0	0	0	0
Other Current Debt	239 000	173 000	68 000	23 000
Total Current Debt	389 000	355 000	210 000	176 000
Total Equity and Debt	569 000	366 000	453 000	622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,89 %	−2 109,09 %	−83,54 %	36,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,68 %	−20,92 %	−16,4 %	18,02 %
Current Ratio	1,35	0,95	1,94	3,44
Quick Ratio	3,75	2,6	−8,48	−6,44
Equity Ratio	0,32	0,03	0,54	0,72
Gross Profit Margin	92,65 %	87,8 %	87,03 %	89,86 %