KECO LOGISTICS AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

8,46 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 132 000	8 170 000	9 304 000	8 850 000
Net Income	72 000	600 000	1 763 000	1 328 000
Total Assets	3 413 000	2 696 000	4 274 000	4 070 000
Total Equity	851 000	839 000	855 000	888 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 132 000	8 170 000	9 304 000	8 850 000
Expenditure	9 039 000	7 401 000	7 042 000	7 147 000
Operating Profit	93 000	769 000	2 262 000	1 703 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	93 000	769 000	2 260 000	1 703 000
Tax	20 000	169 000	497 000	375 000
Net Income	72 000	600 000	1 763 000	1 328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	426 000	467 000	651 000	368 000
Total Current Assets	2 987 000	2 229 000	3 623 000	3 702 000
Total Assets	3 413 000	2 696 000	4 274 000	4 070 000
Total Retained Equity	751 000	739 000	755 000	788 000
Total Equity	851 000	839 000	855 000	888 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 562 000	1 857 000	3 419 000	3 182 000
Total Equity and Debt	3 413 000	2 696 000	4 274 000	4 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 132 000	8 170 000	9 304 000	8 850 000
Other Income	0	0	0	0
Revenue	9 132 000	8 170 000	9 304 000	8 850 000
Cost of Goods Sold	499 000	6 000	0	0
Salary Costs	2 944 000	2 897 000	3 083 000	3 175 000
Depreciation	138 000	188 000	256 000	197 000
Impairment	0	0	0	0
Expenditure	9 039 000	7 401 000	7 042 000	7 147 000
Operating Profit	93 000	769 000	2 262 000	1 703 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	−1 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	72 000	600 000	1 763 000	1 328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	48 000	44 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	381 000	419 000	607 000	333 000
Total Tangible Assets	381 000	419 000	607 000	333 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	426 000	467 000	651 000	368 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 187 000	1 517 000	2 220 000	2 795 000
Total Current Assets	2 987 000	2 229 000	3 623 000	3 702 000
Total Assets	3 413 000	2 696 000	4 274 000	4 070 000
Total Equity	851 000	839 000	855 000	888 000
Short-Term Group Debt	867 000	789 000	2 303 000	1 759 000
Total Long-Term Debt	0	0	0	0
Creditors	811 000	209 000	206 000	248 000
Unpaid Taxes	364 000	352 000	546 000	739 000
Dividends	0	0	0	0
Other Current Debt	519 000	507 000	364 000	435 000
Total Current Debt	2 562 000	1 857 000	3 419 000	3 182 000
Total Equity and Debt	3 413 000	2 696 000	4 274 000	4 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,46 %	71,51 %	206,2 %	149,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,02 %	9,41 %	24,31 %	19,24 %
Current Ratio	1,17	1,2	1,06	1,16
Quick Ratio	1,17	1,2	1,06	1,16
Equity Ratio	0,25	0,31	0,2	0,22
Gross Profit Margin	94,54 %	99,93 %	100 %	100 %