WALTHER KARPPINEN & SØNN AS

3114 TØNSBERG

Finances

Share Ownership

Return on Equity

81,66 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 306 000	25 871 000	22 591 000	19 848 000
Net Income	2 257 000	1 210 000	746 000	564 000
Total Assets	12 006 000	8 785 000	6 884 000	7 072 000
Total Equity	2 764 000	2 408 000	1 845 000	1 399 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 306 000	25 871 000	22 591 000	19 848 000
Expenditure	31 408 000	24 273 000	21 572 000	19 043 000
Operating Profit	2 899 000	1 600 000	1 019 000	805 000
Financial Income	54 000	17 000	22 000	12 000
Financial Costs	60 000	65 000	82 000	90 000
Financial Balance	−6 000	−48 000	−60 000	−78 000
Earnings Before Tax	2 893 000	1 552 000	959 000	726 000
Tax	636 000	341 000	213 000	162 000
Net Income	2 257 000	1 210 000	746 000	564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 664 000	1 174 000	586 000	647 000
Total Current Assets	10 342 000	7 612 000	6 298 000	6 426 000
Total Assets	12 006 000	8 785 000	6 884 000	7 072 000
Total Retained Equity	2 646 000	2 289 000	1 726 000	1 280 000
Total Equity	2 764 000	2 408 000	1 845 000	1 399 000
Total Long-Term Debt	1 279 000	1 392 000	1 092 000	1 260 000
Total Current Debt	7 964 000	4 986 000	3 948 000	4 413 000
Total Equity and Debt	12 006 000	8 785 000	6 884 000	7 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 027 000	25 871 000	22 591 000	19 762 000
Other Income	279 000	0	0	86 000
Revenue	34 306 000	25 871 000	22 591 000	19 848 000
Cost of Goods Sold	11 842 000	7 649 000	6 956 000	5 381 000
Salary Costs	13 898 000	11 812 000	10 033 000	9 529 000
Depreciation	388 000	286 000	238 000	229 000
Impairment	0	0	0	0
Expenditure	31 408 000	24 273 000	21 572 000	19 043 000
Operating Profit	2 899 000	1 600 000	1 019 000	805 000
Financial Income	54 000	17 000	22 000	12 000
Financial Costs	60 000	65 000	82 000	90 000
Financial Balance	−6 000	−48 000	−60 000	−78 000
Dividends	0	0	300 000	440 000
Net Income	2 257 000	1 210 000	746 000	564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	45 000	57 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	65 000	191 000
Fixtures	1 656 000	1 111 000	438 000	368 000
Total Tangible Assets	1 656 000	1 111 000	502 000	559 000
Total Fiancial Fixed Assets	8 000	18 000	28 000	38 000
Total Fixed Assets	1 664 000	1 174 000	586 000	647 000
Stock	1 888 000	1 665 000	1 827 000	1 812 000
Total Investments	0	0	0	0
Cash, Bank	3 947 000	2 266 000	1 307 000	1 037 000
Total Current Assets	10 342 000	7 612 000	6 298 000	6 426 000
Total Assets	12 006 000	8 785 000	6 884 000	7 072 000
Total Equity	2 764 000	2 408 000	1 845 000	1 399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 279 000	1 392 000	1 092 000	1 260 000
Creditors	2 010 000	955 000	851 000	1 231 000
Unpaid Taxes	1 777 000	1 936 000	1 658 000	1 537 000
Dividends	0	0	300 000	440 000
Other Current Debt	4 124 000	1 947 000	1 218 000	1 494 000
Total Current Debt	7 964 000	4 986 000	3 948 000	4 413 000
Total Equity and Debt	12 006 000	8 785 000	6 884 000	7 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,66 %	50,25 %	40,43 %	40,31 %
Debt-to-Equity Ratio	0,46	0,58	0,59	0,9
Operating Profit Margin	8,45 %	6,18 %	4,51 %	4,06 %
Current Ratio	1,3	1,53	1,6	1,46
Quick Ratio	1,7	2,29	2,97	2,47
Equity Ratio	0,23	0,27	0,27	0,2
Gross Profit Margin	65,48 %	70,43 %	69,21 %	72,89 %