KARMSUND MARITIME INVESTMENT AS

4180 KVITSØY

Finances

Return on Equity

−5,95 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	587 000	407 000	378 000	438 000
Net Income	−164 000	−236 000	−201 000	−344 000
Total Assets	6 567 000	7 451 000	8 476 000	7 722 000
Total Equity	2 754 000	2 832 000	2 948 000	3 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	587 000	407 000	378 000	438 000
Expenditure	628 000	577 000	478 000	628 000
Operating Profit	−41 000	−170 000	−100 000	−190 000
Financial Income	6 000	3 000	3 000	1 000
Financial Costs	175 000	135 000	161 000	252 000
Financial Balance	−169 000	−132 000	−158 000	−251 000
Earnings Before Tax	−210 000	−303 000	−258 000	−441 000
Tax	−46 000	−67 000	−57 000	−97 000
Net Income	−164 000	−236 000	−201 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 840 000	6 472 000	6 720 000	6 978 000
Total Current Assets	727 000	979 000	1 756 000	744 000
Total Assets	6 567 000	7 451 000	8 476 000	7 722 000
Total Retained Equity	0	0	0	0
Total Equity	2 754 000	2 832 000	2 948 000	3 059 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 812 000	4 618 000	5 528 000	4 662 000
Total Equity and Debt	6 567 000	7 451 000	8 476 000	7 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 000	407 000	378 000	385 000
Other Income	480 000	0	0	54 000
Revenue	587 000	407 000	378 000	438 000
Cost of Goods Sold	126 000	63 000	8 000	50 000
Salary Costs	0	0	0	0
Depreciation	212 000	281 000	290 000	290 000
Impairment	0	0	0	0
Expenditure	628 000	577 000	478 000	628 000
Operating Profit	−41 000	−170 000	−100 000	−190 000
Financial Income	6 000	3 000	3 000	1 000
Financial Costs	175 000	135 000	161 000	252 000
Financial Balance	−169 000	−132 000	−158 000	−251 000
Dividends	0	0	0	0
Net Income	−164 000	−236 000	−201 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	89 000	57 000	25 000
Real Eastate	5 713 000	6 359 000	6 563 000	6 768 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	24 000	100 000	185 000
Total Tangible Assets	5 729 000	6 382 000	6 663 000	6 953 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 840 000	6 472 000	6 720 000	6 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	495 000	317 000	1 064 000	377 000
Total Current Assets	727 000	979 000	1 756 000	744 000
Total Assets	6 567 000	7 451 000	8 476 000	7 722 000
Total Equity	2 754 000	2 832 000	2 948 000	3 059 000
Short-Term Group Debt	3 678 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	134 000	74 000	0	0
Unpaid Taxes	0	0	0	71 000
Dividends	0	0	0	0
Other Current Debt	0	657 000	776 000	0
Total Current Debt	3 812 000	4 618 000	5 528 000	4 662 000
Total Equity and Debt	6 567 000	7 451 000	8 476 000	7 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,95 %	−8,33 %	−6,82 %	−11,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,98 %	−41,77 %	−26,46 %	−43,38 %
Current Ratio	0,19	0,21	0,32	0,16
Quick Ratio	0,19	0,21	0,32	0,16
Equity Ratio	0,42	0,38	0,35	0,4
Gross Profit Margin	78,53 %	84,52 %	97,88 %	88,58 %