KURT EINARSEN AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

27,31 %

Current Ratio

3,04

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 815 000	3 681 000	5 155 000	4 734 000
Net Income	613 000	270 000	131 000	−480 000
Total Assets	8 664 000	7 899 000	5 908 000	5 863 000
Total Equity	2 245 000	1 631 000	1 562 000	1 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 815 000	3 681 000	5 155 000	4 734 000
Expenditure	3 873 000	3 207 000	4 889 000	5 322 000
Operating Profit	942 000	473 000	266 000	−587 000
Financial Income	1 000	5 000	3 000	20 000
Financial Costs	156 000	133 000	101 000	103 000
Financial Balance	−155 000	−128 000	−98 000	−83 000
Earnings Before Tax	786 000	346 000	168 000	−670 000
Tax	173 000	76 000	37 000	−190 000
Net Income	613 000	270 000	131 000	−480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 272 000	5 702 000	3 481 000	3 481 000
Total Current Assets	3 393 000	2 197 000	2 427 000	2 382 000
Total Assets	8 664 000	7 899 000	5 908 000	5 863 000
Total Retained Equity	1 945 000	1 331 000	1 262 000	1 131 000
Total Equity	2 245 000	1 631 000	1 562 000	1 431 000
Total Long-Term Debt	5 303 000	5 534 000	3 485 000	1 389 000
Total Current Debt	1 117 000	734 000	862 000	3 043 000
Total Equity and Debt	8 664 000	7 899 000	5 908 000	5 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 765 000	3 659 000	5 125 000	4 654 000
Other Income	50 000	21 000	30 000	80 000
Revenue	4 815 000	3 681 000	5 155 000	4 734 000
Cost of Goods Sold	1 314 000	327 000	495 000	457 000
Salary Costs	778 000	795 000	1 345 000	1 873 000
Depreciation	515 000	620 000	600 000	557 000
Impairment	0	0	0	0
Expenditure	3 873 000	3 207 000	4 889 000	5 322 000
Operating Profit	942 000	473 000	266 000	−587 000
Financial Income	1 000	5 000	3 000	20 000
Financial Costs	156 000	133 000	101 000	103 000
Financial Balance	−155 000	−128 000	−98 000	−83 000
Dividends	0	0	0	0
Net Income	613 000	270 000	131 000	−480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	32 000	70 000
Real Eastate	3 319 000	3 363 000	678 000	584 000
Machinery and Plant Facilities	1 499 000	1 719 000	1 885 000	1 986 000
Fixtures	444 000	597 000	777 000	621 000
Total Tangible Assets	5 272 000	5 702 000	3 449 000	3 412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 272 000	5 702 000	3 481 000	3 481 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 872 000	1 770 000	1 832 000	1 553 000
Total Current Assets	3 393 000	2 197 000	2 427 000	2 382 000
Total Assets	8 664 000	7 899 000	5 908 000	5 863 000
Total Equity	2 245 000	1 631 000	1 562 000	1 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 303 000	5 534 000	3 485 000	1 389 000
Creditors	246 000	241 000	179 000	190 000
Unpaid Taxes	44 000	16 000	144 000	124 000
Dividends	0	0	0	0
Other Current Debt	663 000	477 000	538 000	2 729 000
Total Current Debt	1 117 000	734 000	862 000	3 043 000
Total Equity and Debt	8 664 000	7 899 000	5 908 000	5 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,31 %	16,55 %	8,39 %	−33,54 %
Debt-to-Equity Ratio	2,36	3,39	2,23	0,97
Operating Profit Margin	19,56 %	12,85 %	5,16 %	−12,4 %
Current Ratio	3,04	2,99	2,82	0,78
Quick Ratio	3,04	2,99	2,82	0,78
Equity Ratio	0,26	0,21	0,26	0,24
Gross Profit Margin	72,71 %	91,12 %	90,4 %	90,35 %