KJELL M. FINSTAD GRAVING AS

7730 BEITSTAD

Finances

Share Ownership

Return on Equity

−161,26 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	904 000	2 295 000	2 889 000	4 000 000
Net Income	−666 000	167 000	372 000	226 000
Total Assets	1 173 000	1 783 000	1 979 000	2 469 000
Total Equity	413 000	1 079 000	990 000	656 000

Income (NOK)	2022	2021	2020	2019
Revenue	904 000	2 295 000	2 889 000	4 000 000
Expenditure	1 717 000	2 043 000	2 351 000	3 627 000
Operating Profit	−813 000	252 000	537 000	373 000
Financial Income	0	1 000	0	1 000
Financial Costs	41 000	39 000	59 000	82 000
Financial Balance	−41 000	−38 000	−59 000	−81 000
Earnings Before Tax	−854 000	214 000	478 000	292 000
Tax	−188 000	48 000	107 000	66 000
Net Income	−666 000	167 000	372 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	864 000	979 000	1 148 000	1 509 000
Total Current Assets	309 000	804 000	831 000	959 000
Total Assets	1 173 000	1 783 000	1 979 000	2 469 000
Total Retained Equity	395 000	1 061 000	971 000	638 000
Total Equity	413 000	1 079 000	990 000	656 000
Total Long-Term Debt	0	67 000	438 000	913 000
Total Current Debt	759 000	637 000	551 000	899 000
Total Equity and Debt	1 173 000	1 783 000	1 979 000	2 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	904 000	2 215 000	2 889 000	3 997 000
Other Income	0	80 000	0	3 000
Revenue	904 000	2 295 000	2 889 000	4 000 000
Cost of Goods Sold	726 000	728 000	750 000	1 225 000
Salary Costs	−13 000	38 000	19 000	482 000
Depreciation	290 000	289 000	321 000	418 000
Impairment	0	0	0	0
Expenditure	1 717 000	2 043 000	2 351 000	3 627 000
Operating Profit	−813 000	252 000	537 000	373 000
Financial Income	0	1 000	0	1 000
Financial Costs	41 000	39 000	59 000	82 000
Financial Balance	−41 000	−38 000	−59 000	−81 000
Dividends	0	77 000	38 000	52 000
Net Income	−666 000	167 000	372 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	175 000	0	0	58 000
Real Eastate	11 000	15 000	18 000	22 000
Machinery and Plant Facilities	564 000	260 000	285 000	444 000
Fixtures	1 000	592 000	732 000	873 000
Total Tangible Assets	576 000	866 000	1 035 000	1 339 000
Total Fiancial Fixed Assets	113 000	113 000	113 000	113 000
Total Fixed Assets	864 000	979 000	1 148 000	1 509 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	543 000	43 000	193 000
Total Current Assets	309 000	804 000	831 000	959 000
Total Assets	1 173 000	1 783 000	1 979 000	2 469 000
Total Equity	413 000	1 079 000	990 000	656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	67 000	438 000	913 000
Creditors	218 000	362 000	494 000	163 000
Unpaid Taxes	57 000	125 000	−60 000	365 000
Dividends	0	77 000	38 000	52 000
Other Current Debt	282 000	20 000	49 000	320 000
Total Current Debt	759 000	637 000	551 000	899 000
Total Equity and Debt	1 173 000	1 783 000	1 979 000	2 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−161,26 %	15,48 %	37,58 %	34,45 %
Debt-to-Equity Ratio	0	0,06	0,44	1,39
Operating Profit Margin	−89,93 %	10,98 %	18,59 %	9,33 %
Current Ratio	0,41	1,26	1,51	1,07
Quick Ratio	0,41	1,26	1,51	1,07
Equity Ratio	0,35	0,61	0,5	0,27
Gross Profit Margin	19,69 %	68,28 %	74,04 %	69,38 %