KINE'S CORNER AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

9,33 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 910 000	6 454 000	5 761 000	3 795 000
Net Income	74 000	637 000	521 000	−192 000
Total Assets	1 933 000	2 353 000	1 535 000	1 200 000
Total Equity	793 000	919 000	281 000	−240 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 910 000	6 454 000	5 761 000	3 795 000
Expenditure	5 790 000	5 603 000	5 180 000	3 941 000
Operating Profit	120 000	850 000	582 000	−146 000
Financial Income	8 000	2 000	1 000	1 000
Financial Costs	29 000	34 000	84 000	47 000
Financial Balance	−21 000	−32 000	−83 000	−46 000
Earnings Before Tax	99 000	818 000	499 000	−192 000
Tax	24 000	180 000	−22 000	0
Net Income	74 000	637 000	521 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	54 000	73 000	50 000
Total Current Assets	1 893 000	2 299 000	1 462 000	1 151 000
Total Assets	1 933 000	2 353 000	1 535 000	1 200 000
Total Retained Equity	693 000	619 000	−19 000	−540 000
Total Equity	793 000	919 000	281 000	−240 000
Total Long-Term Debt	248 000	305 000	362 000	390 000
Total Current Debt	892 000	1 130 000	892 000	1 050 000
Total Equity and Debt	1 933 000	2 353 000	1 535 000	1 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 882 000	6 454 000	5 753 000	3 795 000
Other Income	29 000	0	9 000	0
Revenue	5 910 000	6 454 000	5 761 000	3 795 000
Cost of Goods Sold	3 390 000	3 493 000	3 326 000	2 263 000
Salary Costs	1 376 000	1 110 000	906 000	872 000
Depreciation	10 000	19 000	19 000	55 000
Impairment	0	0	0	0
Expenditure	5 790 000	5 603 000	5 180 000	3 941 000
Operating Profit	120 000	850 000	582 000	−146 000
Financial Income	8 000	2 000	1 000	1 000
Financial Costs	29 000	34 000	84 000	47 000
Financial Balance	−21 000	−32 000	−83 000	−46 000
Dividends	0	0	0	0
Net Income	74 000	637 000	521 000	−192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	43 000	43 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	11 000	30 000	50 000
Total Tangible Assets	2 000	11 000	30 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	54 000	73 000	50 000
Stock	1 586 000	1 246 000	888 000	757 000
Total Investments	0	0	0	0
Cash, Bank	50 000	869 000	440 000	34 000
Total Current Assets	1 893 000	2 299 000	1 462 000	1 151 000
Total Assets	1 933 000	2 353 000	1 535 000	1 200 000
Total Equity	793 000	919 000	281 000	−240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	248 000	305 000	362 000	390 000
Creditors	362 000	306 000	254 000	674 000
Unpaid Taxes	286 000	369 000	328 000	166 000
Dividends	0	0	0	0
Other Current Debt	200 000	275 000	289 000	140 000
Total Current Debt	892 000	1 130 000	892 000	1 050 000
Total Equity and Debt	1 933 000	2 353 000	1 535 000	1 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,33 %	69,31 %	185,41 %	80 %
Debt-to-Equity Ratio	0,31	0,33	1,29	−1,63
Operating Profit Margin	2,03 %	13,17 %	10,1 %	−3,85 %
Current Ratio	2,12	2,03	1,64	1,1
Quick Ratio	−2,73	−19,82	365,5	3,93
Equity Ratio	0,41	0,39	0,18	−0,2
Gross Profit Margin	42,64 %	45,88 %	42,27 %	40,37 %