KARMØY NATURSTEIN AS

4280 SKUDENESHAVN

Finances

Return on Equity

12,94 %

Current Ratio

3,08

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020
Revenue	5 284 000	3 484 000	2 112 000
Net Income	335 000	−97 000	−150 000
Total Assets	8 094 000	8 070 000	7 727 000
Total Equity	2 588 000	2 253 000	2 350 000

Income (NOK)	2022	2021	2020
Revenue	5 284 000	3 484 000	2 112 000
Expenditure	4 644 000	3 443 000	2 196 000
Operating Profit	641 000	41 000	−84 000
Financial Income	0	0	0
Financial Costs	212 000	163 000	108 000
Financial Balance	−212 000	−163 000	−108 000
Earnings Before Tax	428 000	−122 000	−192 000
Tax	94 000	−25 000	−42 000
Net Income	335 000	−97 000	−150 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 613 000	5 826 000	6 052 000
Total Current Assets	2 481 000	2 244 000	1 675 000
Total Assets	8 094 000	8 070 000	7 727 000
Total Retained Equity	88 000	−247 000	−150 000
Total Equity	2 588 000	2 253 000	2 350 000
Total Long-Term Debt	4 701 000	5 000 000	5 000 000
Total Current Debt	805 000	817 000	376 000
Total Equity and Debt	8 094 000	8 070 000	7 727 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 284 000	3 484 000	2 112 000
Other Income	0	0	0
Revenue	5 284 000	3 484 000	2 112 000
Cost of Goods Sold	1 131 000	1 134 000	546 000
Salary Costs	904 000	868 000	274 000
Depreciation	448 000	451 000	250 000
Impairment	0	0	0
Expenditure	4 644 000	3 443 000	2 196 000
Operating Profit	641 000	41 000	−84 000
Financial Income	0	0	0
Financial Costs	212 000	163 000	108 000
Financial Balance	−212 000	−163 000	−108 000
Dividends	0	0	0
Net Income	335 000	−97 000	−150 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	67 000	1 926 000
Real Eastate	3 095 000	3 095 000	3 095 000
Machinery and Plant Facilities	968 000	0	1 031 000
Fixtures	1 549 000	2 665 000	0
Total Tangible Assets	5 613 000	5 761 000	4 126 000
Total Fiancial Fixed Assets	0	−2 000	0
Total Fixed Assets	5 613 000	5 826 000	6 052 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	346 000	1 043 000	1 093 000
Total Current Assets	2 481 000	2 244 000	1 675 000
Total Assets	8 094 000	8 070 000	7 727 000
Total Equity	2 588 000	2 253 000	2 350 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 701 000	5 000 000	5 000 000
Creditors	321 000	529 000	11 000
Unpaid Taxes	242 000	98 000	144 000
Dividends	0	0	0
Other Current Debt	225 000	191 000	221 000
Total Current Debt	805 000	817 000	376 000
Total Equity and Debt	8 094 000	8 070 000	7 727 000

Financial indicators	2022	2021	2020
Return on Equity	12,94 %	−4,31 %	−6,38 %
Debt-to-Equity Ratio	1,82	2,22	2,13
Operating Profit Margin	12,13 %	1,18 %	−3,98 %
Current Ratio	3,08	2,75	4,45
Quick Ratio	3,08	2,75	4,45
Equity Ratio	0,32	0,28	0,3
Gross Profit Margin	78,6 %	67,45 %	74,15 %