KANEL BAKERIES SALG AS

1337 SANDVIKA

Finances

Return on Equity

−19,09 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 953 000	14 322 000	13 515 000	16 285 000
Net Income	687 000	745 000	−563 000	−3 125 000
Total Assets	1 648 000	1 332 000	1 911 000	1 243 000
Total Equity	−3 598 000	−4 286 000	−5 031 000	−4 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 953 000	14 322 000	13 515 000	16 285 000
Expenditure	16 144 000	13 454 000	14 046 000	19 386 000
Operating Profit	809 000	869 000	−531 000	−3 101 000
Financial Income	11 000	2 000	1 000	2 000
Financial Costs	132 000	125 000	32 000	25 000
Financial Balance	−121 000	−123 000	−31 000	−23 000
Earnings Before Tax	687 000	745 000	−563 000	−3 125 000
Tax	0	0	0	0
Net Income	687 000	745 000	−563 000	−3 125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	305 000	312 000	416 000
Total Current Assets	1 281 000	1 027 000	1 599 000	826 000
Total Assets	1 648 000	1 332 000	1 911 000	1 243 000
Total Retained Equity	−4 152 000	−4 839 000	−5 584 000	−5 021 000
Total Equity	−3 598 000	−4 286 000	−5 031 000	−4 468 000
Total Long-Term Debt	1 774 000	1 788 000	1 380 000	532 000
Total Current Debt	3 473 000	3 829 000	5 561 000	5 178 000
Total Equity and Debt	1 648 000	1 332 000	1 911 000	1 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 531 000	12 283 000	12 881 000	16 141 000
Other Income	422 000	2 039 000	634 000	143 000
Revenue	16 953 000	14 322 000	13 515 000	16 285 000
Cost of Goods Sold	4 437 000	3 607 000	3 217 000	5 204 000
Salary Costs	6 714 000	5 409 000	6 255 000	9 687 000
Depreciation	76 000	84 000	105 000	85 000
Impairment	0	0	0	0
Expenditure	16 144 000	13 454 000	14 046 000	19 386 000
Operating Profit	809 000	869 000	−531 000	−3 101 000
Financial Income	11 000	2 000	1 000	2 000
Financial Costs	132 000	125 000	32 000	25 000
Financial Balance	−121 000	−123 000	−31 000	−23 000
Dividends	0	0	0	0
Net Income	687 000	745 000	−563 000	−3 125 000

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	216 000	154 000	162 000	266 000
Total Tangible Assets	216 000	154 000	162 000	266 000
Total Fiancial Fixed Assets	151 000	151 000	150 000	150 000
Total Fixed Assets	367 000	305 000	312 000	416 000
Stock	311 000	394 000	374 000	350 000
Total Investments	0	0	1 000	1 000
Cash, Bank	471 000	502 000	213 000	56 000
Total Current Assets	1 281 000	1 027 000	1 599 000	826 000
Total Assets	1 648 000	1 332 000	1 911 000	1 243 000
Total Equity	−3 598 000	−4 286 000	−5 031 000	−4 468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 774 000	1 788 000	1 380 000	532 000
Creditors	1 813 000	1 205 000	1 647 000	971 000
Unpaid Taxes	675 000	1 629 000	1 321 000	1 056 000
Dividends	0	0	0	0
Other Current Debt	985 000	995 000	2 594 000	3 151 000
Total Current Debt	3 473 000	3 829 000	5 561 000	5 178 000
Total Equity and Debt	1 648 000	1 332 000	1 911 000	1 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,09 %	−17,38 %	11,19 %	69,94 %
Debt-to-Equity Ratio	−0,49	−0,42	−0,27	−0,12
Operating Profit Margin	4,77 %	6,07 %	−3,93 %	−19,04 %
Current Ratio	0,37	0,27	0,29	0,16
Quick Ratio	0,41	0,3	0,31	0,17
Equity Ratio	−2,18	−3,22	−2,63	−3,59
Gross Profit Margin	73,83 %	74,81 %	76,2 %	68,04 %