KENNETH ENGEBAKKEN AS

3550 GOL

Finances

Share Ownership

Return on Equity

−65,7 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 692 000	1 220 000	1 818 000	1 345 000
Net Income	−113 000	−186 000	−33 000	157 000
Total Assets	536 000	562 000	1 371 000	1 021 000
Total Equity	172 000	286 000	472 000	505 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 692 000	1 220 000	1 818 000	1 345 000
Expenditure	1 818 000	1 461 000	1 865 000	1 144 000
Operating Profit	−125 000	−241 000	−48 000	202 000
Financial Income	5 000	6 000	8 000	4 000
Financial Costs	0	4 000	3 000	4 000
Financial Balance	5 000	2 000	5 000	0
Earnings Before Tax	−120 000	−239 000	−42 000	202 000
Tax	−7 000	−53 000	−9 000	45 000
Net Income	−113 000	−186 000	−33 000	157 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	123 000	155 000	582 000	650 000
Total Current Assets	413 000	407 000	789 000	371 000
Total Assets	536 000	562 000	1 371 000	1 021 000
Total Retained Equity	142 000	256 000	442 000	475 000
Total Equity	172 000	286 000	472 000	505 000
Total Long-Term Debt	0	7 000	27 000	36 000
Total Current Debt	364 000	269 000	873 000	480 000
Total Equity and Debt	536 000	562 000	1 371 000	1 021 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 565 000	1 048 000	1 804 000	1 308 000
Other Income	127 000	172 000	14 000	37 000
Revenue	1 692 000	1 220 000	1 818 000	1 345 000
Cost of Goods Sold	226 000	284 000	112 000	94 000
Salary Costs	529 000	170 000	386 000	244 000
Depreciation	71 000	125 000	173 000	116 000
Impairment	0	0	0	0
Expenditure	1 818 000	1 461 000	1 865 000	1 144 000
Operating Profit	−125 000	−241 000	−48 000	202 000
Financial Income	5 000	6 000	8 000	4 000
Financial Costs	0	4 000	3 000	4 000
Financial Balance	5 000	2 000	5 000	0
Dividends	0	0	0	0
Net Income	−113 000	−186 000	−33 000	157 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	12 000	45 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	141 000	525 000	578 000
Total Tangible Assets	106 000	153 000	570 000	628 000
Total Fiancial Fixed Assets	17 000	3 000	13 000	23 000
Total Fixed Assets	123 000	155 000	582 000	650 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	6 000	3 000	0
Total Current Assets	413 000	407 000	789 000	371 000
Total Assets	536 000	562 000	1 371 000	1 021 000
Total Equity	172 000	286 000	472 000	505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	27 000	36 000
Creditors	96 000	223 000	251 000	81 000
Unpaid Taxes	125 000	24 000	187 000	77 000
Dividends	0	0	0	0
Other Current Debt	143 000	22 000	434 000	288 000
Total Current Debt	364 000	269 000	873 000	480 000
Total Equity and Debt	536 000	562 000	1 371 000	1 021 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−65,7 %	−65,03 %	−6,99 %	31,09 %
Debt-to-Equity Ratio	0	0,02	0,06	0,07
Operating Profit Margin	−7,39 %	−19,75 %	−2,64 %	15,02 %
Current Ratio	1,13	1,51	0,9	0,77
Quick Ratio	1,13	1,51	0,9	0,77
Equity Ratio	0,32	0,51	0,34	0,49
Gross Profit Margin	86,64 %	76,72 %	93,84 %	93,01 %