K&B INVESTMENT AS

4841 ARENDAL

Finances

Return on Equity

89,18 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	112 000	502 000	0
Net Income	7 023 000	124 000	450 000	−18 000
Total Assets	16 923 000	861 000	1 357 000	918 000
Total Equity	7 875 000	851 000	727 000	878 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	112 000	502 000	0
Expenditure	1 635 000	84 000	99 000	122 000
Operating Profit	−1 635 000	28 000	404 000	−122 000
Financial Income	8 792 000	160 000	113 000	128 000
Financial Costs	133 000	64 000	67 000	23 000
Financial Balance	8 659 000	96 000	46 000	105 000
Earnings Before Tax	7 023 000	124 000	450 000	−18 000
Tax	0	0	0	0
Net Income	7 023 000	124 000	450 000	−18 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 163 000	536 000	0	33 000
Total Current Assets	10 760 000	325 000	1 357 000	884 000
Total Assets	16 923 000	861 000	1 357 000	918 000
Total Retained Equity	7 845 000	821 000	697 000	848 000
Total Equity	7 875 000	851 000	727 000	878 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 048 000	9 000	629 000	40 000
Total Equity and Debt	16 923 000	861 000	1 357 000	918 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	112 000	502 000	0
Other Income	0	0	0	0
Revenue	0	112 000	502 000	0
Cost of Goods Sold	0	12 000	28 000	50 000
Salary Costs	0	0	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 635 000	84 000	99 000	122 000
Operating Profit	−1 635 000	28 000	404 000	−122 000
Financial Income	8 792 000	160 000	113 000	128 000
Financial Costs	133 000	64 000	67 000	23 000
Financial Balance	8 659 000	96 000	46 000	105 000
Dividends	4 500 000	0	600 000	80 000
Net Income	7 023 000	124 000	450 000	−18 000

Balance details (NOK)	2021	2020	2019	2018
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	6 163 000	536 000	0	33 000
Total Fixed Assets	6 163 000	536 000	0	33 000
Stock	0	0	0	0
Total Investments	−1 523 000	0	667 000	89 000
Cash, Bank	78 000	65 000	50 000	624 000
Total Current Assets	10 760 000	325 000	1 357 000	884 000
Total Assets	16 923 000	861 000	1 357 000	918 000
Total Equity	7 875 000	851 000	727 000	878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	9 000	0
Unpaid Taxes	0	0	0	0
Dividends	4 500 000	0	600 000	80 000
Other Current Debt	9 048 000	0	20 000	40 000
Total Current Debt	9 048 000	9 000	629 000	40 000
Total Equity and Debt	16 923 000	861 000	1 357 000	918 000

Financial indicators	2021	2020	2019	2018
Return on Equity	89,18 %	14,57 %	61,9 %	−2,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	25 %	80,48 %	-
Current Ratio	1,19	36,11	2,16	22,1
Quick Ratio	1,19	36,11	2,16	22,1
Equity Ratio	0,47	0,99	0,54	0,96
Gross Profit Margin	-	89,29 %	94,42 %	-