KARNSINEE AS

8150 ØRNES

Finances

Share Ownership

Return on Equity

−4,95 %

Current Ratio

7,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	778 000	713 000	565 000
Net Income	−31 000	338 000	−81 000
Total Assets	724 000	772 000	322 000
Total Equity	626 000	657 000	319 000

Income (NOK)	2022	2021	2020
Revenue	778 000	713 000	565 000
Expenditure	809 000	302 000	643 000
Operating Profit	−31 000	411 000	−78 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Earnings Before Tax	−31 000	411 000	−81 000
Tax	1 000	73 000	0
Net Income	−31 000	338 000	−81 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	37 000	0	0
Total Current Assets	687 000	772 000	322 000
Total Assets	724 000	772 000	322 000
Total Retained Equity	226 000	257 000	−81 000
Total Equity	626 000	657 000	319 000
Total Long-Term Debt	0	0	0
Total Current Debt	98 000	114 000	3 000
Total Equity and Debt	724 000	772 000	322 000

Cash flow (NOK)	2022	2021	2020
Sales Income	738 000	697 000	565 000
Other Income	40 000	16 000	0
Revenue	778 000	713 000	565 000
Cost of Goods Sold	398 000	127 000	494 000
Salary Costs	316 000	46 000	0
Depreciation	6 000	0	0
Impairment	0	0	0
Expenditure	809 000	302 000	643 000
Operating Profit	−31 000	411 000	−78 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Dividends	0	0	0
Net Income	−31 000	338 000	−81 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	37 000	0	0
Total Tangible Assets	37 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	37 000	0	0
Stock	568 000	538 000	99 000
Total Investments	0	0	0
Cash, Bank	114 000	233 000	221 000
Total Current Assets	687 000	772 000	322 000
Total Assets	724 000	772 000	322 000
Total Equity	626 000	657 000	319 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	51 000	4 000	−8 000
Unpaid Taxes	12 000	30 000	0
Dividends	0	0	0
Other Current Debt	35 000	8 000	11 000
Total Current Debt	98 000	114 000	3 000
Total Equity and Debt	724 000	772 000	322 000

Financial indicators	2022	2021	2020
Return on Equity	−4,95 %	51,45 %	−25,39 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−3,98 %	57,64 %	−13,81 %
Current Ratio	7,01	6,77	107,33
Quick Ratio	−1,46	−1,82	−3,35
Equity Ratio	0,86	0,85	0,99
Gross Profit Margin	48,84 %	82,19 %	12,57 %