KARL MARTIN RØED AS

1622 GRESSVIK

Finances

Share Ownership

Return on Equity

25,84 %

Current Ratio

−11,64

Debt-to-Equity Ratio

4,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	598 000	960 000	612 000	441 000
Net Income	184 000	326 000	−81 000	258 000
Total Assets	4 077 000	4 260 000	3 848 000	542 000
Total Equity	712 000	527 000	201 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	598 000	960 000	612 000	441 000
Expenditure	261 000	503 000	679 000	111 000
Operating Profit	336 000	456 000	−67 000	330 000
Financial Income	0	0	0	0
Financial Costs	98 000	61 000	14 000	1 000
Financial Balance	−98 000	−61 000	−14 000	−1 000
Earnings Before Tax	238 000	395 000	−81 000	329 000
Tax	54 000	69 000	0	71 000
Net Income	184 000	326 000	−81 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 820 000	3 820 000	3 720 000	80 000
Total Current Assets	256 000	440 000	128 000	462 000
Total Assets	4 077 000	4 260 000	3 848 000	542 000
Total Retained Equity	682 000	497 000	171 000	253 000
Total Equity	712 000	527 000	201 000	283 000
Total Long-Term Debt	3 387 000	3 288 000	3 538 000	0
Total Current Debt	−22 000	445 000	109 000	259 000
Total Equity and Debt	4 077 000	4 260 000	3 848 000	542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	358 000	349 000	326 000	427 000
Other Income	240 000	611 000	286 000	14 000
Revenue	598 000	960 000	612 000	441 000
Cost of Goods Sold	17 000	6 000	6 000	16 000
Salary Costs	0	−29 000	337 000	24 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	261 000	503 000	679 000	111 000
Operating Profit	336 000	456 000	−67 000	330 000
Financial Income	0	0	0	0
Financial Costs	98 000	61 000	14 000	1 000
Financial Balance	−98 000	−61 000	−14 000	−1 000
Dividends	0	0	0	0
Net Income	184 000	326 000	−81 000	258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 640 000	3 640 000	3 640 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	180 000	80 000	80 000
Total Tangible Assets	3 820 000	3 820 000	3 720 000	80 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 820 000	3 820 000	3 720 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	256 000	439 000	108 000	448 000
Total Current Assets	256 000	440 000	128 000	462 000
Total Assets	4 077 000	4 260 000	3 848 000	542 000
Total Equity	712 000	527 000	201 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 387 000	3 288 000	3 538 000	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	1 000	34 000	3 000
Dividends	0	0	0	0
Other Current Debt	−6 000	356 000	75 000	185 000
Total Current Debt	−22 000	445 000	109 000	259 000
Total Equity and Debt	4 077 000	4 260 000	3 848 000	542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,84 %	61,86 %	−40,3 %	91,17 %
Debt-to-Equity Ratio	4,76	6,24	17,6	0
Operating Profit Margin	56,19 %	47,5 %	−10,95 %	74,83 %
Current Ratio	−11,64	0,99	1,17	1,78
Quick Ratio	−11,64	0,99	1,17	1,78
Equity Ratio	0,17	0,12	0,05	0,52
Gross Profit Margin	97,16 %	99,38 %	99,02 %	96,37 %