KINECT ENERGY MARKETS AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

66,35 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 385 000	41 283 000	32 832 000	43 924 000
Net Income	11 365 000	3 255 000	6 682 000	−4 006 000
Total Assets	61 222 000	35 818 000	29 480 000	41 984 000
Total Equity	17 130 000	16 896 000	15 426 000	16 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 385 000	41 283 000	32 832 000	43 924 000
Expenditure	49 630 000	28 758 000	26 828 000	47 349 000
Operating Profit	10 754 000	12 525 000	6 004 000	−3 424 000
Financial Income	8 948 000	158 000	5 911 000	538 000
Financial Costs	4 546 000	8 343 000	3 006 000	2 456 000
Financial Balance	4 402 000	−8 185 000	2 905 000	−1 918 000
Earnings Before Tax	15 156 000	4 340 000	8 909 000	−5 342 000
Tax	3 791 000	1 085 000	2 227 000	−1 336 000
Net Income	11 365 000	3 255 000	6 682 000	−4 006 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 331 000	7 201 000	7 502 000	6 908 000
Total Current Assets	53 891 000	28 618 000	21 978 000	35 076 000
Total Assets	61 222 000	35 818 000	29 480 000	41 984 000
Total Retained Equity	234 000	0	0	0
Total Equity	17 130 000	16 896 000	15 426 000	16 033 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 092 000	18 922 000	14 054 000	25 951 000
Total Equity and Debt	61 222 000	35 818 000	29 480 000	41 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 385 000	41 283 000	32 832 000	43 924 000
Other Income	0	0	0	0
Revenue	60 385 000	41 283 000	32 832 000	43 924 000
Cost of Goods Sold	1 167 000	1 339 000	2 992 000	5 595 000
Salary Costs	20 539 000	15 572 000	14 640 000	14 543 000
Depreciation	0	0	0	25 000
Impairment	0	0	0	0
Expenditure	49 630 000	28 758 000	26 828 000	47 349 000
Operating Profit	10 754 000	12 525 000	6 004 000	−3 424 000
Financial Income	8 948 000	158 000	5 911 000	538 000
Financial Costs	4 546 000	8 343 000	3 006 000	2 456 000
Financial Balance	4 402 000	−8 185 000	2 905 000	−1 918 000
Dividends	0	0	0	0
Net Income	11 365 000	3 255 000	6 682 000	−4 006 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	73 000	297 000	169 000	61 000
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	7 258 000	6 904 000	7 333 000	6 848 000
Total Fixed Assets	7 331 000	7 201 000	7 502 000	6 908 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 593 000	1 536 000	879 000	587 000
Total Current Assets	53 891 000	28 618 000	21 978 000	35 076 000
Total Assets	61 222 000	35 818 000	29 480 000	41 984 000
Total Equity	17 130 000	16 896 000	15 426 000	16 033 000
Short-Term Group Debt	26 566 000	13 205 000	9 343 000	21 026 000
Total Long-Term Debt	0	0	0	0
Creditors	609 000	758 000	408 000	504 000
Unpaid Taxes	1 333 000	1 053 000	987 000	960 000
Dividends	0	0	0	0
Other Current Debt	15 156 000	3 760 000	3 035 000	3 461 000
Total Current Debt	44 092 000	18 922 000	14 054 000	25 951 000
Total Equity and Debt	61 222 000	35 818 000	29 480 000	41 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,35 %	19,26 %	43,32 %	−24,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,81 %	30,34 %	18,29 %	−7,8 %
Current Ratio	1,22	1,51	1,56	1,35
Quick Ratio	1,22	1,51	1,56	1,35
Equity Ratio	0,28	0,47	0,52	0,38
Gross Profit Margin	98,07 %	96,76 %	90,89 %	87,26 %