KNIVSMED STRØMENG AS

9731 KARASJOK

Finances

Share Ownership

Return on Equity

3,77 %

Current Ratio

5,07

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 491 000	9 378 000	7 631 000	6 323 000
Net Income	290 000	2 043 000	1 168 000	80 000
Total Assets	13 318 000	13 328 000	11 720 000	10 815 000
Total Equity	7 702 000	7 412 000	5 369 000	4 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 491 000	9 378 000	7 631 000	6 323 000
Expenditure	6 920 000	6 561 000	5 908 000	5 960 000
Operating Profit	571 000	2 816 000	1 724 000	364 000
Financial Income	0	0	1 000	0
Financial Costs	200 000	202 000	227 000	261 000
Financial Balance	−200 000	−202 000	−226 000	−261 000
Earnings Before Tax	372 000	2 614 000	1 497 000	103 000
Tax	82 000	570 000	329 000	23 000
Net Income	290 000	2 043 000	1 168 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 531 000	6 172 000	6 975 000	7 940 000
Total Current Assets	7 787 000	7 156 000	4 746 000	2 875 000
Total Assets	13 318 000	13 328 000	11 720 000	10 815 000
Total Retained Equity	6 702 000	6 412 000	4 369 000	3 201 000
Total Equity	7 702 000	7 412 000	5 369 000	4 201 000
Total Long-Term Debt	4 079 000	4 728 000	5 134 000	5 528 000
Total Current Debt	1 536 000	1 188 000	1 217 000	1 086 000
Total Equity and Debt	13 318 000	13 328 000	11 720 000	10 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 479 000	7 832 000	7 614 000	6 223 000
Other Income	12 000	1 546 000	18 000	100 000
Revenue	7 491 000	9 378 000	7 631 000	6 323 000
Cost of Goods Sold	848 000	1 299 000	1 545 000	1 236 000
Salary Costs	4 023 000	3 594 000	2 673 000	2 963 000
Depreciation	437 000	444 000	465 000	474 000
Impairment	0	0	0	0
Expenditure	6 920 000	6 561 000	5 908 000	5 960 000
Operating Profit	571 000	2 816 000	1 724 000	364 000
Financial Income	0	0	1 000	0
Financial Costs	200 000	202 000	227 000	261 000
Financial Balance	−200 000	−202 000	−226 000	−261 000
Dividends	0	0	0	0
Net Income	290 000	2 043 000	1 168 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	95 000	392 000
Real Eastate	4 798 000	5 116 000	5 494 000	5 833 000
Machinery and Plant Facilities	516 000	794 000	1 072 000	1 350 000
Fixtures	217 000	261 000	313 000	366 000
Total Tangible Assets	5 531 000	6 172 000	6 879 000	7 548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 531 000	6 172 000	6 975 000	7 940 000
Stock	2 577 000	1 662 000	1 697 000	2 213 000
Total Investments	0	0	0	0
Cash, Bank	4 790 000	5 229 000	2 578 000	102 000
Total Current Assets	7 787 000	7 156 000	4 746 000	2 875 000
Total Assets	13 318 000	13 328 000	11 720 000	10 815 000
Total Equity	7 702 000	7 412 000	5 369 000	4 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 079 000	4 728 000	5 134 000	5 528 000
Creditors	753 000	130 000	303 000	422 000
Unpaid Taxes	228 000	332 000	570 000	215 000
Dividends	0	0	0	0
Other Current Debt	417 000	436 000	311 000	448 000
Total Current Debt	1 536 000	1 188 000	1 217 000	1 086 000
Total Equity and Debt	13 318 000	13 328 000	11 720 000	10 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,77 %	27,56 %	21,75 %	1,9 %
Debt-to-Equity Ratio	0,53	0,64	0,96	1,32
Operating Profit Margin	7,62 %	30,03 %	22,59 %	5,76 %
Current Ratio	5,07	6,02	3,9	2,65
Quick Ratio	−7,48	−15,1	−9,89	−2,55
Equity Ratio	0,58	0,56	0,46	0,39
Gross Profit Margin	88,68 %	86,15 %	79,75 %	80,45 %