KINVEST AS

4306 SANDNES

Finances

Return on Equity

38,46 %

Current Ratio

5,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 918 000	266 000	7 000	46 000
Net Income	1 162 000	885 000	34 000	18 000
Total Assets	3 461 000	1 954 000	975 000	947 000
Total Equity	3 021 000	1 859 000	974 000	940 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 918 000	266 000	7 000	46 000
Expenditure	414 000	34 000	25 000	25 000
Operating Profit	1 503 000	232 000	−18 000	21 000
Financial Income	119 000	750 000	77 000	1 000
Financial Costs	122 000	41 000	29 000	0
Financial Balance	−3 000	709 000	48 000	1 000
Earnings Before Tax	1 500 000	942 000	30 000	22 000
Tax	338 000	57 000	−4 000	4 000
Net Income	1 162 000	885 000	34 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 137 000	154 000	71 000	62 000
Total Current Assets	2 324 000	1 799 000	904 000	885 000
Total Assets	3 461 000	1 954 000	975 000	947 000
Total Retained Equity	2 991 000	1 829 000	944 000	910 000
Total Equity	3 021 000	1 859 000	974 000	940 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	440 000	95 000	2 000	7 000
Total Equity and Debt	3 461 000	1 954 000	975 000	947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 918 000	266 000	7 000	46 000
Other Income	0	0	0	0
Revenue	1 918 000	266 000	7 000	46 000
Cost of Goods Sold	382 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	17 000	17 000	16 000	9 000
Impairment	0	0	0	0
Expenditure	414 000	34 000	25 000	25 000
Operating Profit	1 503 000	232 000	−18 000	21 000
Financial Income	119 000	750 000	77 000	1 000
Financial Costs	122 000	41 000	29 000	0
Financial Balance	−3 000	709 000	48 000	1 000
Dividends	0	0	0	0
Net Income	1 162 000	885 000	34 000	18 000

Balance details (NOK)	2022	2021	2020	2019
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	28 000	45 000	62 000	53 000
Total Tangible Assets	28 000	45 000	62 000	53 000
Total Fiancial Fixed Assets	1 109 000	109 000	9 000	9 000
Total Fixed Assets	1 137 000	154 000	71 000	62 000
Stock	0	0	0	0
Total Investments	289 000	301 000	99 000	51 000
Cash, Bank	1 835 000	1 498 000	794 000	827 000
Total Current Assets	2 324 000	1 799 000	904 000	885 000
Total Assets	3 461 000	1 954 000	975 000	947 000
Total Equity	3 021 000	1 859 000	974 000	940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	−1 000	0	0
Unpaid Taxes	102 000	37 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	2 000
Total Current Debt	440 000	95 000	2 000	7 000
Total Equity and Debt	3 461 000	1 954 000	975 000	947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,46 %	47,61 %	3,49 %	1,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	78,36 %	87,22 %	−257,14 %	45,65 %
Current Ratio	5,28	18,94	452	126,43
Quick Ratio	5,28	18,94	452	126,43
Equity Ratio	0,87	0,95	1	0,99
Gross Profit Margin	80,08 %	100 %	100 %	100 %