KARMIN GARN & GAVER AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

18,54 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 014 000	7 187 000	8 108 000	6 526 000
Net Income	297 000	159 000	878 000	384 000
Total Assets	3 314 000	3 453 000	3 633 000	2 947 000
Total Equity	1 602 000	1 585 000	1 826 000	1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 014 000	7 187 000	8 108 000	6 526 000
Expenditure	5 612 000	6 965 000	6 952 000	6 012 000
Operating Profit	403 000	223 000	1 156 000	514 000
Financial Income	6 000	6 000	5 000	1 000
Financial Costs	26 000	24 000	33 000	21 000
Financial Balance	−20 000	−18 000	−28 000	−20 000
Earnings Before Tax	383 000	205 000	1 127 000	494 000
Tax	86 000	46 000	249 000	110 000
Net Income	297 000	159 000	878 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	49 000	63 000	1 000
Total Current Assets	3 278 000	3 404 000	3 570 000	2 946 000
Total Assets	3 314 000	3 453 000	3 633 000	2 947 000
Total Retained Equity	1 502 000	1 485 000	1 726 000	1 248 000
Total Equity	1 602 000	1 585 000	1 826 000	1 348 000
Total Long-Term Debt	225 000	277 000	328 000	375 000
Total Current Debt	1 487 000	1 591 000	1 479 000	1 225 000
Total Equity and Debt	3 314 000	3 453 000	3 633 000	2 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 014 000	7 187 000	8 108 000	6 514 000
Other Income	0	0	0	12 000
Revenue	6 014 000	7 187 000	8 108 000	6 526 000
Cost of Goods Sold	2 868 000	3 847 000	3 992 000	3 408 000
Salary Costs	1 751 000	2 138 000	1 948 000	1 741 000
Depreciation	14 000	14 000	6 000	0
Impairment	0	0	0	0
Expenditure	5 612 000	6 965 000	6 952 000	6 012 000
Operating Profit	403 000	223 000	1 156 000	514 000
Financial Income	6 000	6 000	5 000	1 000
Financial Costs	26 000	24 000	33 000	21 000
Financial Balance	−20 000	−18 000	−28 000	−20 000
Dividends	280 000	0	400 000	200 000
Net Income	297 000	159 000	878 000	384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	48 000	62 000	0
Total Tangible Assets	35 000	48 000	62 000	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	36 000	49 000	63 000	1 000
Stock	2 523 000	2 503 000	2 665 000	2 266 000
Total Investments	0	0	0	0
Cash, Bank	703 000	859 000	865 000	648 000
Total Current Assets	3 278 000	3 404 000	3 570 000	2 946 000
Total Assets	3 314 000	3 453 000	3 633 000	2 947 000
Total Equity	1 602 000	1 585 000	1 826 000	1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	277 000	328 000	375 000
Creditors	179 000	105 000	162 000	187 000
Unpaid Taxes	251 000	296 000	361 000	267 000
Dividends	280 000	0	400 000	200 000
Other Current Debt	689 000	1 143 000	308 000	459 000
Total Current Debt	1 487 000	1 591 000	1 479 000	1 225 000
Total Equity and Debt	3 314 000	3 453 000	3 633 000	2 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,54 %	10,03 %	48,08 %	28,49 %
Debt-to-Equity Ratio	0,14	0,17	0,18	0,28
Operating Profit Margin	6,7 %	3,1 %	14,26 %	7,88 %
Current Ratio	2,2	2,14	2,41	2,4
Quick Ratio	−3,16	−3,73	−3,01	−2,83
Equity Ratio	0,48	0,46	0,5	0,46
Gross Profit Margin	52,31 %	46,47 %	50,76 %	47,78 %