KENNETH RAVNENG FJELLSPRENGNING AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

−34,24 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 875 000	3 958 000	3 454 000	2 794 000
Net Income	−265 000	349 000	315 000	−150 000
Total Assets	1 900 000	1 986 000	1 338 000	1 018 000
Total Equity	774 000	1 048 000	700 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 875 000	3 958 000	3 454 000	2 794 000
Expenditure	4 110 000	3 499 000	3 041 000	2 954 000
Operating Profit	−235 000	460 000	413 000	−159 000
Financial Income	2 000	8 000	9 000	8 000
Financial Costs	48 000	21 000	18 000	40 000
Financial Balance	−46 000	−13 000	−9 000	−32 000
Earnings Before Tax	−281 000	447 000	404 000	−192 000
Tax	−17 000	98 000	89 000	−42 000
Net Income	−265 000	349 000	315 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	962 000	1 130 000	604 000	448 000
Total Current Assets	938 000	856 000	734 000	570 000
Total Assets	1 900 000	1 986 000	1 338 000	1 018 000
Total Retained Equity	674 000	948 000	600 000	292 000
Total Equity	774 000	1 048 000	700 000	392 000
Total Long-Term Debt	0	17 000	7 000	0
Total Current Debt	1 126 000	921 000	631 000	626 000
Total Equity and Debt	1 900 000	1 986 000	1 338 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 875 000	3 958 000	3 454 000	2 794 000
Other Income	0	0	0	0
Revenue	3 875 000	3 958 000	3 454 000	2 794 000
Cost of Goods Sold	852 000	493 000	582 000	517 000
Salary Costs	1 283 000	1 402 000	967 000	1 291 000
Depreciation	137 000	112 000	86 000	77 000
Impairment	0	0	0	0
Expenditure	4 110 000	3 499 000	3 041 000	2 954 000
Operating Profit	−235 000	460 000	413 000	−159 000
Financial Income	2 000	8 000	9 000	8 000
Financial Costs	48 000	21 000	18 000	40 000
Financial Balance	−46 000	−13 000	−9 000	−32 000
Dividends	10 000	0	0	0
Net Income	−265 000	349 000	315 000	−150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	82 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	251 000	306 000	177 000	183 000
Fixtures	186 000	171 000	168 000	10 000
Total Tangible Assets	437 000	476 000	345 000	194 000
Total Fiancial Fixed Assets	525 000	654 000	259 000	172 000
Total Fixed Assets	962 000	1 130 000	604 000	448 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	182 000	345 000	335 000	249 000
Total Current Assets	938 000	856 000	734 000	570 000
Total Assets	1 900 000	1 986 000	1 338 000	1 018 000
Total Equity	774 000	1 048 000	700 000	392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	7 000	0
Creditors	706 000	539 000	307 000	328 000
Unpaid Taxes	282 000	144 000	221 000	161 000
Dividends	10 000	0	0	0
Other Current Debt	138 000	150 000	103 000	136 000
Total Current Debt	1 126 000	921 000	631 000	626 000
Total Equity and Debt	1 900 000	1 986 000	1 338 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,24 %	33,3 %	45 %	−38,27 %
Debt-to-Equity Ratio	0	0,02	0,01	0
Operating Profit Margin	−6,06 %	11,62 %	11,96 %	−5,69 %
Current Ratio	0,83	0,93	1,16	0,91
Quick Ratio	0,83	0,93	1,16	0,91
Equity Ratio	0,41	0,53	0,52	0,39
Gross Profit Margin	78,01 %	87,54 %	83,15 %	81,5 %