KANE AS

6900 FLORØ

Finances

Return on Equity

7,46 %

Current Ratio

5,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 000	0	0	0
Net Income	1 160 000	7 992 000	−183 000	2 154 000
Total Assets	17 968 000	20 368 000	12 879 000	14 378 000
Total Equity	15 546 000	15 886 000	11 895 000	12 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 000	0	0	0
Expenditure	719 000	72 000	75 000	66 000
Operating Profit	−703 000	−72 000	−75 000	−66 000
Financial Income	4 877 000	9 559 000	1 873 000	2 222 000
Financial Costs	2 890 000	1 495 000	1 962 000	2 000
Financial Balance	1 987 000	8 064 000	−89 000	2 220 000
Earnings Before Tax	1 284 000	7 992 000	−164 000	2 154 000
Tax	124 000	0	19 000	0
Net Income	1 160 000	7 992 000	−183 000	2 154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 529 000	1 550 000	1 550 000	1 550 000
Total Current Assets	13 439 000	18 818 000	11 329 000	12 828 000
Total Assets	17 968 000	20 368 000	12 879 000	14 378 000
Total Retained Equity	15 443 000	15 783 000	11 792 000	11 975 000
Total Equity	15 546 000	15 886 000	11 895 000	12 078 000
Total Long-Term Debt	0	480 000	960 000	2 298 000
Total Current Debt	2 422 000	4 002 000	24 000	2 000
Total Equity and Debt	17 968 000	20 368 000	12 879 000	14 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	16 000	0	0	0
Revenue	16 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	531 000	0	0	0
Depreciation	50 000	0	0	0
Impairment	0	0	0	0
Expenditure	719 000	72 000	75 000	66 000
Operating Profit	−703 000	−72 000	−75 000	−66 000
Financial Income	4 877 000	9 559 000	1 873 000	2 222 000
Financial Costs	2 890 000	1 495 000	1 962 000	2 000
Financial Balance	1 987 000	8 064 000	−89 000	2 220 000
Dividends	1 500 000	4 000 000	0	500 000
Net Income	1 160 000	7 992 000	−183 000	2 154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 873 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	0	0	0
Total Tangible Assets	2 979 000	0	0	0
Total Fiancial Fixed Assets	1 550 000	1 550 000	1 550 000	1 550 000
Total Fixed Assets	4 529 000	1 550 000	1 550 000	1 550 000
Stock	0	0	0	0
Total Investments	12 344 000	15 829 000	9 769 000	12 706 000
Cash, Bank	1 095 000	990 000	1 560 000	122 000
Total Current Assets	13 439 000	18 818 000	11 329 000	12 828 000
Total Assets	17 968 000	20 368 000	12 879 000	14 378 000
Total Equity	15 546 000	15 886 000	11 895 000	12 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	480 000	960 000	2 298 000
Creditors	20 000	2 000	5 000	2 000
Unpaid Taxes	277 000	0	0	0
Dividends	1 500 000	4 000 000	0	500 000
Other Current Debt	2 000 000	0	0	0
Total Current Debt	2 422 000	4 002 000	24 000	2 000
Total Equity and Debt	17 968 000	20 368 000	12 879 000	14 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,46 %	50,31 %	−1,54 %	17,83 %
Debt-to-Equity Ratio	0	0,03	0,08	0,19
Operating Profit Margin	−4 393,75 %	-	-	-
Current Ratio	5,55	4,7	472,04	6 414
Quick Ratio	5,55	4,7	472,04	6 414
Equity Ratio	0,87	0,78	0,92	0,84
Gross Profit Margin	100 %	-	-	-