KRØTØ-OLSEN TRANSPORT AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

17,61 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 845 000	5 374 000	2 756 000	2 500 000
Net Income	121 000	373 000	108 000	82 000
Total Assets	3 826 000	2 300 000	912 000	815 000
Total Equity	687 000	566 000	193 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 845 000	5 374 000	2 756 000	2 500 000
Expenditure	11 600 000	4 846 000	2 578 000	2 348 000
Operating Profit	246 000	528 000	178 000	152 000
Financial Income	0	0	0	0
Financial Costs	91 000	49 000	39 000	46 000
Financial Balance	−91 000	−49 000	−39 000	−46 000
Earnings Before Tax	155 000	478 000	139 000	106 000
Tax	34 000	105 000	31 000	23 000
Net Income	121 000	373 000	108 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	804 000	310 000	292 000	276 000
Total Current Assets	3 021 000	1 990 000	620 000	539 000
Total Assets	3 826 000	2 300 000	912 000	815 000
Total Retained Equity	607 000	486 000	113 000	5 000
Total Equity	687 000	566 000	193 000	85 000
Total Long-Term Debt	252 000	0	0	43 000
Total Current Debt	2 886 000	1 733 000	719 000	687 000
Total Equity and Debt	3 826 000	2 300 000	912 000	815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 744 000	5 374 000	2 766 000	2 469 000
Other Income	102 000	0	−10 000	31 000
Revenue	11 845 000	5 374 000	2 756 000	2 500 000
Cost of Goods Sold	194 000	0	8 000	2 000
Salary Costs	4 263 000	1 668 000	780 000	618 000
Depreciation	129 000	42 000	54 000	42 000
Impairment	0	0	0	0
Expenditure	11 600 000	4 846 000	2 578 000	2 348 000
Operating Profit	246 000	528 000	178 000	152 000
Financial Income	0	0	0	0
Financial Costs	91 000	49 000	39 000	46 000
Financial Balance	−91 000	−49 000	−39 000	−46 000
Dividends	0	0	0	0
Net Income	121 000	373 000	108 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	1 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	588 000	152 000	215 000	164 000
Total Tangible Assets	588 000	152 000	215 000	164 000
Total Fiancial Fixed Assets	216 000	145 000	76 000	98 000
Total Fixed Assets	804 000	310 000	292 000	276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	425 000	0	0
Total Current Assets	3 021 000	1 990 000	620 000	539 000
Total Assets	3 826 000	2 300 000	912 000	815 000
Total Equity	687 000	566 000	193 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	252 000	0	0	43 000
Creditors	1 204 000	698 000	214 000	210 000
Unpaid Taxes	900 000	482 000	182 000	169 000
Dividends	0	0	0	0
Other Current Debt	736 000	436 000	171 000	167 000
Total Current Debt	2 886 000	1 733 000	719 000	687 000
Total Equity and Debt	3 826 000	2 300 000	912 000	815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,61 %	65,9 %	55,96 %	96,47 %
Debt-to-Equity Ratio	0,37	0	0	0,51
Operating Profit Margin	2,08 %	9,83 %	6,46 %	6,08 %
Current Ratio	1,05	1,15	0,86	0,78
Quick Ratio	1,05	1,15	0,86	0,78
Equity Ratio	0,18	0,25	0,21	0,1
Gross Profit Margin	98,36 %	100 %	99,71 %	99,92 %