KINGSPAN INSULATION AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−0,09 %

Current Ratio

3,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 257 000	45 720 000	29 566 000	24 163 000
Net Income	−26 000	6 366 000	847 000	−1 182 000
Total Assets	40 778 000	35 654 000	12 194 000	15 549 000
Total Equity	29 698 000	19 838 000	8 117 000	7 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 257 000	45 720 000	29 566 000	24 163 000
Expenditure	55 920 000	43 798 000	28 513 000	25 047 000
Operating Profit	337 000	1 922 000	1 052 000	−884 000
Financial Income	0	0	4 000	6 000
Financial Costs	366 000	−162 000	209 000	304 000
Financial Balance	−366 000	162 000	−205 000	−298 000
Earnings Before Tax	−30 000	2 083 000	847 000	−1 182 000
Tax	−4 000	−4 282 000	0	0
Net Income	−26 000	6 366 000	847 000	−1 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	2 870 000	0	0
Total Current Assets	40 714 000	32 785 000	12 194 000	15 549 000
Total Assets	40 778 000	35 654 000	12 194 000	15 549 000
Total Retained Equity	−15 233 000	−15 431 000	−21 993 000	−22 625 000
Total Equity	29 698 000	19 838 000	8 117 000	7 485 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 079 000	15 816 000	4 077 000	8 064 000
Total Equity and Debt	40 778 000	35 654 000	12 194 000	15 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 257 000	45 720 000	29 566 000	24 163 000
Other Income	0	0	0	0
Revenue	56 257 000	45 720 000	29 566 000	24 163 000
Cost of Goods Sold	40 542 000	32 646 000	24 866 000	13 874 000
Salary Costs	6 180 000	4 303 000	3 647 000	3 778 000
Depreciation	17 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	55 920 000	43 798 000	28 513 000	25 047 000
Operating Profit	337 000	1 922 000	1 052 000	−884 000
Financial Income	0	0	4 000	6 000
Financial Costs	366 000	−162 000	209 000	304 000
Financial Balance	−366 000	162 000	−205 000	−298 000
Dividends	0	0	0	0
Net Income	−26 000	6 366 000	847 000	−1 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	2 827 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	43 000	0	0
Total Tangible Assets	26 000	43 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 000	2 870 000	0	0
Stock	3 774 000	2 412 000	2 085 000	1 220 000
Total Investments	0	0	0	0
Cash, Bank	218 000	179 000	6 334 000	10 736 000
Total Current Assets	40 714 000	32 785 000	12 194 000	15 549 000
Total Assets	40 778 000	35 654 000	12 194 000	15 549 000
Total Equity	29 698 000	19 838 000	8 117 000	7 485 000
Short-Term Group Debt	4 808 000	1 190 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	585 000	597 000	231 000	611 000
Unpaid Taxes	2 134 000	11 424 000	0	1 612 000
Dividends	0	0	0	0
Other Current Debt	3 552 000	2 606 000	2 263 000	5 841 000
Total Current Debt	11 079 000	15 816 000	4 077 000	8 064 000
Total Equity and Debt	40 778 000	35 654 000	12 194 000	15 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,09 %	32,09 %	10,43 %	−15,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,6 %	4,2 %	3,56 %	−3,66 %
Current Ratio	3,67	2,07	2,99	1,93
Quick Ratio	5,57	2,45	6,12	2,27
Equity Ratio	0,73	0,56	0,67	0,48
Gross Profit Margin	27,93 %	28,6 %	15,9 %	42,58 %