KNUT FOSSE AS

3711 SKIEN

Finances

Return on Equity

−52,65 %

Current Ratio

51,65

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 266 000	47 000	0	0
Net Income	−5 058 000	5 692 000	3 419 000	223 000
Total Assets	16 736 000	20 901 000	13 179 000	9 335 000
Total Equity	9 606 000	14 664 000	8 972 000	5 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 266 000	47 000	0	0
Expenditure	20 000	23 000	21 000	15 000
Operating Profit	1 246 000	24 000	−21 000	−15 000
Financial Income	863 000	6 000 000	3 465 000	460 000
Financial Costs	6 949 000	331 000	25 000	222 000
Financial Balance	−6 086 000	5 669 000	3 440 000	238 000
Earnings Before Tax	−4 840 000	5 692 000	3 419 000	223 000
Tax	218 000	0	0	0
Net Income	−5 058 000	5 692 000	3 419 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	16 736 000	20 901 000	13 179 000	9 335 000
Total Assets	16 736 000	20 901 000	13 179 000	9 335 000
Total Retained Equity	9 506 000	14 564 000	8 872 000	5 453 000
Total Equity	9 606 000	14 664 000	8 972 000	5 553 000
Total Long-Term Debt	6 807 000	6 237 000	4 208 000	3 782 000
Total Current Debt	324 000	0	0	0
Total Equity and Debt	16 736 000	20 901 000	13 179 000	9 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 266 000	47 000	0	0
Other Income	0	0	0	0
Revenue	1 266 000	47 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	23 000	21 000	15 000
Operating Profit	1 246 000	24 000	−21 000	−15 000
Financial Income	863 000	6 000 000	3 465 000	460 000
Financial Costs	6 949 000	331 000	25 000	222 000
Financial Balance	−6 086 000	5 669 000	3 440 000	238 000
Dividends	0	0	0	0
Net Income	−5 058 000	5 692 000	3 419 000	223 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	15 342 000	20 424 000	12 131 000	8 850 000
Cash, Bank	1 315 000	380 000	1 049 000	485 000
Total Current Assets	16 736 000	20 901 000	13 179 000	9 335 000
Total Assets	16 736 000	20 901 000	13 179 000	9 335 000
Total Equity	9 606 000	14 664 000	8 972 000	5 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 807 000	6 237 000	4 208 000	3 782 000
Creditors	0	0	0	0
Unpaid Taxes	49 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	0	0	0
Total Current Debt	324 000	0	0	0
Total Equity and Debt	16 736 000	20 901 000	13 179 000	9 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,65 %	38,82 %	38,11 %	4,02 %
Debt-to-Equity Ratio	0,71	0,43	0,47	0,68
Operating Profit Margin	98,42 %	51,06 %	-	-
Current Ratio	51,65	-	-	-
Quick Ratio	51,65	-	-	-
Equity Ratio	0,57	0,7	0,68	0,59
Gross Profit Margin	100 %	100 %	-	-