KELLS AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

−0,4 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 000	85 000	242 000	62 000
Net Income	−2 000	50 000	51 000	18 000
Total Assets	2 620 000	2 636 000	1 268 000	1 423 000
Total Equity	501 000	504 000	454 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 000	85 000	242 000	62 000
Expenditure	2 000	40 000	227 000	38 000
Operating Profit	82 000	45 000	16 000	23 000
Financial Income	0	21 000	50 000	0
Financial Costs	82 000	2 000	0	0
Financial Balance	−82 000	19 000	50 000	0
Earnings Before Tax	0	63 000	66 000	24 000
Tax	3 000	14 000	14 000	5 000
Net Income	−2 000	50 000	51 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 600 000	2 600 000	600 000	605 000
Total Current Assets	20 000	36 000	668 000	818 000
Total Assets	2 620 000	2 636 000	1 268 000	1 423 000
Total Retained Equity	391 000	394 000	344 000	293 000
Total Equity	501 000	504 000	454 000	403 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	2 119 000	2 133 000	814 000	1 016 000
Total Equity and Debt	2 620 000	2 636 000	1 268 000	1 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	165 000	242 000	62 000
Other Income	80 000	−80 000	0	0
Revenue	84 000	85 000	242 000	62 000
Cost of Goods Sold	0	29 000	224 000	23 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000	40 000	227 000	38 000
Operating Profit	82 000	45 000	16 000	23 000
Financial Income	0	21 000	50 000	0
Financial Costs	82 000	2 000	0	0
Financial Balance	−82 000	19 000	50 000	0
Dividends	0	0	0	0
Net Income	−2 000	50 000	51 000	18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 600 000	2 600 000	600 000	600 000
Total Fixed Assets	2 600 000	2 600 000	600 000	605 000
Stock	0	0	0	200 000
Total Investments	4 000	17 000	4 000	4 000
Cash, Bank	15 000	19 000	20 000	32 000
Total Current Assets	20 000	36 000	668 000	818 000
Total Assets	2 620 000	2 636 000	1 268 000	1 423 000
Total Equity	501 000	504 000	454 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	1 000	9 000	18 000	286 000
Unpaid Taxes	1 000	2 000	52 000	−50 000
Dividends	0	0	0	0
Other Current Debt	2 114 000	2 108 000	730 000	780 000
Total Current Debt	2 119 000	2 133 000	814 000	1 016 000
Total Equity and Debt	2 620 000	2 636 000	1 268 000	1 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,4 %	9,92 %	11,23 %	4,47 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	97,62 %	52,94 %	6,61 %	37,1 %
Current Ratio	0,01	0,02	0,82	0,81
Quick Ratio	0,01	0,02	0,82	1
Equity Ratio	0,19	0,19	0,36	0,28
Gross Profit Margin	100 %	65,88 %	7,44 %	62,9 %